4 A's Lesson Plan in General Mathematics 11: 1. Activity

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I.

LEARNING OBEJCTIVES At the end of the 50-minute session, the students shall have:
4 A’s Lessona)Plan in General
distinguished Mathematics
the principal value, 11rate and term/time;
future value, interest
b) appreciated the class discussion by following the formula in finding the
simple interest through solving worded problems; and
c) solved different word problems related to simple interest.
II. CONTENT
Topic Simple Interest
Reference General Mathematics Learner’s Material. First Edition. 2016. Pp. 135-167
Resources Visual aids, board marker/chalk and scotch tape
III. LEARNING STRATEGIES  
A. Preliminaries  Prayer
 Greetings
 Classroom Rules
 Attendance
B. Lesson Proper
1. Activity JUMBLED LETTERS
 The class will be divided into four group.
 Each group will be assigned with jumbled letters to arrange.
 Each jumbled letters have a corresponding definition to easily come up
with the correct word.
 They will be given 5 minutes to finish the activity, afterwards the teacher
will call one member of each group to reveal their group answer.

 PALCIPRIN LUVAE (Principal Value) – It is the amount of money borrowed


or invested on the origin date.
 TRUEFU VLAUE (Future Value) – It is the date on which money is received
by the borrower/lender.
 MEIT/TREM (Time/Term) – Amount of time in years the money is
borrowed, or loan is to be completely repaid.
 TREESTIN TEAR (Interest Rate) – Annual rate, usually in percent, charged by
the lender, or rate increase of the investment.
 PLEMIS TERESTIN (Simple Interest) – An interest that is computed on the
principal.

2. Analysis Ask the following questions after the activity.

1) Does finding the specific term difficult?


2) What makes you think that the terms you assembled are the correct terms?
3) Does the definition given helpful in finding the correct term?
4) What have you observed about the terms?
5) From the terms given, are they related or not?
6) What comes to your mind when you hear the word simple interest?
7) How do you calculate simple interest?
Note: A brief discussion on how to calculate simple interest.

3. Abstraction Simple Interest – interest that is computed on the principal. The interest
remains constant throughout the term.
Simple Interest Formula: I =P r t
Where: I =¿ Simple Interest
P = Principal or amount invested or borrowed
r= Simple Interest Rate
t= Term of time in years
Example 1: A 2-year loan of $500 is made with 4% simple interest. Find the
interest earned.
Given:
t = 2 years
P = $500
r = 4% or 0.04

Solution:
I =Prt
I =500(0.04 )(2)
I =40
Therefore, the interest earned is $40.

Example 2: A bank offers 5.25% annual simple interest rate for a particular
deposit. How much interest will be earned if 1 Million pesos is deposited in his
savings account for 1 year?
Given:
P = Php 1,000,000
t = 1 year
r = 5.25% or 0.0525

Solution:
I =Prt
I =(1000000)(0.0525)(1)
I =¿52,500
Therefore, the interest earned is Php 52,500.

Example 3. Shirly got a $1200 loan for 2 years. She paid $90 in interest. What
was the interest rate?
Given:
P = $1200
I = $90
t = 2 years
Solution:
I =Prt
I
r=
Pt
90
r=
( 1200 ) ( 2 )
r =0.0375
r =3.75 %
Therefore, the interest rate is 3.75%.

Future Value - it is the date on which money is received by the borrower/lender.


Formula: F=P+ I
where: F = Future Value
P = Principal Value
I = Simple Interest
Principal Value (P) Simple Interest (I) Future Value(F=P+I)
1. $500 $40 F= 500+40= $540
2. Php 1,000,000 Php 52,500 F=1,000,000+52,500=
Php1,052,500
3. $1200 $90 F= 1200+90=$1290

What is the use of Simple Interest?


 Simple interest is used in cases where the amount is to be returned
requires a short of time. So, monthly amortization, mortgages, savings
calculation, and education loans use simple interest.

4. Application Group Activity


 The class will be divided into two groups.
 Each group will create a short, real-life situation that relates to simple
interest and act it afterwards.
 The groups will be given 7 minutes for preparation and 3 minutes for
presentation.
 Criteria:
Content = 30%
Cooperation = 20%
Presentation = 50%

III. EVALUATION
Answer the following problems and show your solution.

1. When invested at an annual rate of 7%, the amount earned 11,200


pesos of simple interest in two years. How much money was originally
invested?
2. Mariel deposited 16,000 pesos in a bank that offers a simple interest
rate of 1.75%. if she placed the money for 7 years, how much interest
will she earn?

V. Compare and contrast the Simple Interest and Compound Interest using the Venn
ASSIGNMENT/AGREEMENT diagram.

VI. CLOSING The teacher will ask the students to share what they have learned from the lesson
and then to stand up for the closing prayer.
VII. REFLECTION

Prepared by: CESAR IAN P. LISBOS

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