Gen. Math Module 2nd Quarter (1) PDF

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FeatureRichMinotaur

Uploaded by FeatureRichMinotaur

Saint Tonis College, Inc.

2024

Rajad B. Liwag

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simple interest compound interest mathematics financial mathematics

Summary

This document appears to be a collection of simple and compound interest problems.

Full Transcript

**SAINT TONIS COLLEGE, INC.** (Formerly: Kalinga Christian Learning Center) **United Church of Christ in the Philippines** Purok 4 Bulanao Centro, Tabuk City, Kalinga Philippines 3800 Tel. No. (074) 627-5930, Email Address: [[sainttoniscollege\@yahoo.com]](mailto:[email protected]) D...

**SAINT TONIS COLLEGE, INC.** (Formerly: Kalinga Christian Learning Center) **United Church of Christ in the Philippines** Purok 4 Bulanao Centro, Tabuk City, Kalinga Philippines 3800 Tel. No. (074) 627-5930, Email Address: [[sainttoniscollege\@yahoo.com]](mailto:[email protected]) Doc. 09 s. 2024 I. Introduction II. Topic III. Objectives a. illustrate simple and compound interests , b. distinguish between simple and compound interests , and a. compute interest, maturity value, future value, and present value in simple interest and compound interest environment. IV. Discussion A. Express each percent to decimal. Write your answer in a separate sheet of paper. B. Answer the following questions: 1. What percent of 24 is 12? 2. What is 25% of 108? 4. 48 is what percent of 60? 5. 30 is 40% of what number? #### Activity 2: Analyze Me! Table 1 \+ -- ---- -- -- -- --- -- -- -- -- -- 1 2 3 4 5 --- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Simple interest remains constant throughout the investment term. In compound interest, the interest from the previous year earns interest. Thus, the interest grows every year. If your answers are I = Prt, P = ^𝐼^ 𝑟𝑡 𝑃𝑡, and t = ^𝐼^ 𝑃𝑟, then you are correct! #### F = P + I~s~ By expanding the basic simple interest formula, the maturity value may be computed using the following alternative formula: a. simple interest for 2 years. b. #### I~c~ = F -- P where: F is the maturity value or future value P is the principal or present value #### P = F (1 + r)-t or P = ^𝑭^ Find: a. Maturity value (F) a. F = P(1 + r)t b. I~c~ = F -- P #### ₱ 4 712.95. V. Activity/Activities Answer the following problems on simple and compound interest by following the step by step procedure as shown in the examples. 1. Find the simple interest on a loan of ₱ 95 000 if the loan is given at a rate of 15% and is due in 3 years. 2. Find the future value and the compound interest if ₱ 50 000 is compounded annually at an interest rate of 2 % in 5 years 3. Peter borrowed ₱ 100 000 at 8% compounded annually. How much will be he paying after 2 years? 4. The simple interest of an investment is ₱ 4 500. Find the present value if the interest rate is 5% annually for 5 years 5. Lorna will receive ₱ 21 500 from her investment after 10 years at 12% compounded annually. Find the present value. Prepared by: RAJAD B. LIWAG

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