Republic of the Philippines

Department of Education
CARAGA Region
Division of Agusan del Sur

Lesson Plan in General Mathematics

GRADE 11 School MANAT NATIONAL HIGH SCHOOL Grade Level 11- MORINGA
DAILY
LESSON LOG Teacher JEANNETH M. PIE Learning Area GENERAL MATHEMATICS
Teaching Dates and November 14-17, 2022/
Quarter 2nd QUARTER
Time 10:00 - 11:00 am

I. OBJECTIVES

A. Content Standards The learners demonstrate understanding of: key concepts of simple and compound interests, and simple and general annuities.

The learner is able to investigate, analyze and solve problems involving simple and compound interests and simple and general
B. Performance Standards
annuities using appropriate business and financial instruments.

1) Illustrates simple and compound interests. (M11GM-IIa-1)

2) Differentiate simple nterests and compound interest. (M11GM-Iia-2)

C. Learning
Competencies/Objectives
2) Computes interest, maturity value, future value, and present value in simple interest and compound interest environment.
(M11GM-Iia-b-1)

3) Solves problems involving simple and compound interests. . (M11GM-IIb-2)

The learners were be able to:

1) Define compound interests;

2) Compute compound interest and maturity value;

C.1 Specific Learning
Outcomes 3) Differentiate simple interest from compound interests;

4) Solve real-life situation involving compound interest; and

5) Make the best decision in handling certain problem involving money resources.

II. CONTENT COMPOUND INTERESTS

III. LEARNING RESOURCES

A. References

1. Teacher's Guide pages Teaching Guide for Senior High School General Mathematics

2. Learner's Material pages Page 83-87

3. Textbook's pages

4. Additional Materials from

Learning Resource (LR) portal

B. Other Learning
Resources Internet, youtube, SLM
IV. PROCEDURES

Preliminary Activities

1) Prayer: Praise in a song

2) Checking of attendance
3) Setting of House Rules
4) Grouping of students
Review previous lesson

1) Ask the students the following questions;

a) What is simple interest?
b) How to find the simple interest?
A. Reviewing previous lesson or 2) Ask the students to complete the table below:
presenting the new lesson

Group Activity 1: Pix Mystery Word

With their group, show pictures displaying time, save, invest, money, and interest. The group give first the correct
answer will receive a point. Let them name the pictures that will be flashed on the screen. The group garnered the
higher points will be declared as winner.

B. Establishing a purpose for

the lesson

Guide Question:
1) In what situations do we use these words?

Learners will able to think and create words related to the picture and they will figure out the answers on their own.

Group Activity 2: Together, We Can Solve It!

Instructions:
1. With the same groupings, they will assign a leader, encoder, time keeper, presenter, and research runner.
2. An activity sheet will be distributed to each group.
3. Each group will work on the items in the worksheet given.
4. Guide questions are provided in the worksheet to direct the learners in their learning task.
5. Each group will write their output on manila paper and present for 3 minutes.
Suggested Rubrics: (Note: Allow the students to formulate their own rubric or revise the suggested one.)

C. Presenting examples/
instances of the new lesson
 C. Presenting examples/
instances of the new lesson

Problem No.1
Arthur borrowed P40,000.00 at 6% simple interest for a period of 1 year. At the end of one year, how much must he
pay?

Problem No.2

If Arthur did not pay back the loan and the interest by the end of the first year and he wanted to continue the loan
for another year at the same rate, then he would owe P40, 000.00 plus interest incurred during the first year of loan. How
much must he pay at the end of the second year?

Problem No.3

At the end of the second year, Arthur was not able to pay his loan and the interest again. The lender gave him
another year under the same condition, how much must he pay at the end of the third year?

Have the learners answer these questions.

1. How did you find the problem?
2. How did you come up with your answers?
3. Did this problem happened in your family?
4. How did you come up with a solution to the problem?

Annotations: This activity learners will able to think, and analyze the problem given, make them more engaging and
actively participating for the lesson. Learners will able to understand and solve real -life scenarios rather than just
solving mathematical equaions and formulas . Through this activity, learners learn through their experiences and they

Process and summarize the work of the students through table.

Have the learners answer the questions below:

1. What can you say on the principal and the amount added to it every year if payment is not made regularly?
2. What pattern can you see in determining the amount to be paid at the end of the year from first year up to third
year?
3. Would it be helpful for you to apply for a loan? Support your answer.
4. How would you describe this type of transaction?
5. Can you give the formula in computing compound interest.
6. How about the amount to be paid on the maturity date?

Present to the learners the definition of compound interest and maturity value, its symbols and formulas.

Compound Interest (Ic )(or compounding interest) is interest calculated on the initial principal and also on the
accumulated interest of previous periods of a deposit or loan.
D. Discussing new concepts and
practicing new skills #1 Maturity Value or Future Value (F) – amount after t years that the lender receives from the borrower on the maturity
date.

Compound Interest = Total amount of Principal and Interest in future (or Future Value) less Principal amount at
present (or Present Value)

Ic = F - P

Maturity (Future) Value and Compound Interest (Compounded Annually)

F = P(1 + r)t

where:
P = principal or present value
F = maturity (future) value at the end of the term
r = interest rate
t= term/time in years
IC = compound interest

Group Activity 3: Problem Solving

Have the students to solve this problem: (Note: Solutions should be presented. )
Problem:
F. Developing mastery (Leads
to Formative Assessment 3) Find the maturity value and the compound interest if Php10,000 is compounded annually at an interest rate of 2% in 5
years.
Given: P = 10,000 r = 2% or 0.02 t= 5 years

Find: (a) compound interest Ic (b) maturity value F

 Graph Analysis

Have the students analyze the given graph of the investment by the two persons and let them answer the guide

Mr. Cruz
Mr. Santos
Initial deposit: $100
Initial deposit: $100
Additional annual contribution: $0
Additional annual contribution: $0
Interest rate: 5% compound interest
Interest rate: 5% simple interest
Interest compounds annually
(compounding period not applicable)
Years to grow: 30
Years to grow: 30

432
TOTAL VALUE OF INVESTMENT IN tHOUSAND

G. Finding practical 250

applications of concepts and
skills in daily living

Guide Question:
1) What’s the difference between Mr. Santos' investment and Mr Cruz investment?
2) Whose investment earned more interest after 30 years?
3) How does the shape of Mr. Cruz graph differ from Mr. Santos graph? Why do you think that is?

Learners will able to measure, compare, analyze and figuring out who has the best choice.

Group Activity 4: Simple Interests Vs Compound Interests

Have the students differentiate simple interests from compound interest through completing the table given.

H. Making generalizations and

abstractions to the lesson

Seatwork
I. Evaluating learning
How much money will you have after 4 years if you deposited ₱10,000.00 in a bank that pays 6% compound
interest?
 Group Activity 5: “MOTHER NEEDS ME”

Directions:
1. With your group assign a leader, interviewer, encoder, time keeper, presenter, and research runner.
2. Read the given situation.
3. Make a survey report
4. Present the output to the class (power point presentation)
5. Reports should be supported with pictures
6. Submit your output (soft copy, hard copy and power point presentation) after one week.
J. Additional activities for
application and remediation Situation:
You need a laptop in your educational research. Your mother doesn’t have enough money to purchase the item. She
decides to acquire the said item through a loan which is offered in your local cooperatives and banks. Help your mother in
making a decision on where to apply for a loan. Conduct a survey of the existing cooperatives, banks and other lending
company in your locality.

All in all , all the activities give the learners tolern from their own, solve problems with their own, give them
opportinunity to collaborate, cooperate and take responsible to their learnings.

Prepared by:

JEANNETH M. PIE
Teacher 1