Roleplay Concept: Simple Interest in a Sari-Sari Store Setting

Scenario: Two friends, Ella and Jake, are discussing a loan for Jake to restock items in his sari-sari store.
They calculate the repayment using simple interest.

Script:

Characters:

 Ella: A helpful friend who has some savings.

 Jake: Sari-sari store owner who needs money to restock.

Scene: In front of Jake’s sari-sari store, chatting about the business.

Jake:
Ella, paubos na ang paninda ko sa tindahan. Ang dami na ring customers na naghahanap ng soft drinks at
snacks, pero wala na akong pang-restock.

Ella:
Bakit hindi ka mag-loan sa akin? May extra savings naman ako.

Jake:
Talaga? Magkano ba ang interest mo kung sakaling umutang ako?

Ella:
Hmm, simple lang. I’ll lend you ₱8,000 with a 12% interest rate per year. Bayaran mo ako after one year.

Jake:
Sounds fair. Pero teka, paano natin malalaman kung magkano ang babayaran ko?

Ella:
Gamitin natin ang Simple Interest Formula:

I=P⋅r⋅tI = P \cdot r \cdot t

Kung saan:

 II = Interest

 PP = Principal (₱8,000)

 rr = Rate (12% o 0.12)

 tt = Time (1 year)

Jake:
So, ang PP ay ₱8,000, ang rr ay 0.12, at tt ay 1 year?
Ella:
Tama! Calculate natin:

I=8,000⋅0.12⋅1=₱960I = 8,000 \cdot 0.12 \cdot 1 = ₱960

Ang interest ay ₱960.

Jake:
Ah, so ang total na babayaran ko ay:

Total Payment=P+I=₱8,000+₱960=₱8,960\text{Total Payment} = P + I = ₱8,000 + ₱960 = ₱8,960

Ella:
Yes! After one year, babayaran mo ako ng ₱8,960.

Jake:
Malinaw! Ang importante, makakapag-restock ako ng mga kailangan sa tindahan.

Ella:
Tama! At least, hindi mo kailangang mag-loan sa malaking interest sa bangko. Tulungan lang tayo.

(One Year Later)

Jake:
Ella, eto na ang bayad ko. Salamat sa tulong mo! Nakabenta ako nang husto ngayong summer, lalo na sa
soft drinks at snacks.

Ella:
Good to hear! Natulungan din kita, pero kumita rin ako ng konti sa interest. Win-win tayo!

Jake:
Salamat ulit! Kapag kailangan mo ng grocery items, libre ka sa tindahan ko!

Key Takeaways for the Audience:

1. Simple Interest is a straightforward way to calculate interest for short-term loans.

2. Real-Life Application: In small businesses like sari-sari stores, simple interest loans can help with
restocking.

3. Win-Win Agreement: Both borrower and lender benefit in a fair and transparent way.

Would you like to add more details or use a different setting? 😊

Roleplay Concept: Compound Interest in a Coffee Shop Investment

Scenario: Mia wants to start a coffee shop and asks her mentor, Carlo, for a loan. Carlo agrees but
explains that the loan will have compound interest. They calculate the repayment amount over 3 years.
Script:

Characters:

 Mia: Aspiring coffee shop owner.

 Carlo: Entrepreneur and mentor who provides the loan.

Scene: At a coffee shop, discussing the business plan.

Mia:
Carlo, excited akong simulan ang coffee shop na ito! Ang dami kong plano para sa design, menu, at
marketing, pero kailangan ko ng ₱50,000 na puhunan. Puwede mo ba akong pautangin?

Carlo:
Of course, Mia. Pero dahil matagal ang babayaran mo, gagamitin natin ang compound interest para fair
sa akin bilang nagpapautang.

Mia:
Compound interest ulit? Napag-usapan natin 'yan noon, pero paano nga ba ito nagwo-work?

Carlo:
Simple lang. Sa compound interest, ang interest mo ay nadadagdag sa principal bawat taon, kaya mas
mabilis lumalago ang kabuuang babayaran mo kaysa sa simple interest.

Mia:
Ah, gets. Pero magkano ang babayaran ko kung uutang ako ng ₱50,000, at ang interest rate mo ay 6% per
year, compounded annually, at babayaran ko after 3 years?

Carlo:
Gamitin natin ang formula:

A=P⋅(1+r/n)n⋅tA = P \cdot (1 + r/n)^{n \cdot t}

Kung saan:

 AA = Kabuuang babayaran (principal + interest)

 P=₱50,000P = ₱50,000

 r=0.06r = 0.06 (6% annual interest)

 n=1n = 1 (compounded annually)

 t=3t = 3 (years to repay)

Step 1: Substitute natin ang values:

A=50,000⋅(1+0.06/1)1⋅3A = 50,000 \cdot (1 + 0.06/1)^{1 \cdot 3}

Step 2: Simplify:

A=50,000⋅(1+0.06)3A = 50,000 \cdot (1 + 0.06)^3 A=50,000⋅(1.06)3A = 50,000 \cdot (1.06)^3

A=50,000⋅1.191016A = 50,000 \cdot 1.191016 A=₱59,550.80A = ₱59,550.80

Carlo:
So, Mia, after 3 years, ang total na babayaran mo ay ₱59,550.80.

Mia:
Wow, ₱9,550.80 ang interest ko sa 3 taon. Pero okay lang! Alam kong lalaki ang kita ng coffee shop.

Carlo:
Tama ang mindset mo! Pero alalahanin mo na ang compound interest ay maganda lang kung may long-
term na plan ka para siguradong may pambayad ka.

(Three Years Later)

Mia:
Carlo, eto na ang bayad ko, ₱59,550.80! Salamat sa pagtulong mo sa akin noong nagsisimula pa lang ako.
Ngayon, kilala na ang coffee shop ko sa buong bayan!

Carlo:
Congrats, Mia! Nakakatuwa na nakita kong lumago ang negosyo mo. Tandaan mo, ang disiplina sa
paggamit ng loans ang susi sa tagumpay.

Mia:
Oo, Carlo. At dahil diyan, libre ka sa kape dito kahit kailan!

Key Takeaways for the Audience:

1. Compound Interest builds faster over time, making it ideal for long-term loans or investments.

2. Real-Life Application: It’s often used in loans for business expansions, such as coffee shops or
restaurants.

3. Responsibility is Important: Proper planning ensures the borrower benefits from the loan
without financial strain.

Let me know if you'd like another scenario or more detailed calculations! 😊

Roleplay Concept: Annuity Loan for a Farmer from a Bank

Scenario: Ramon, a farmer, visits AgriBoost Bank to apply for a loan to buy a new tractor. The bank teller,
Ms. Cruz, explains the annuity loan process and calculates the monthly payments.

Script:

Characters:

 Ramon: A farmer needing financial assistance.

 Ms. Cruz: Bank teller explaining the loan terms.

Scene: Inside AgriBoost Bank, Ramon approaches the counter.

Ramon:
Magandang umaga po, Ma’am. Ako po si Ramon, isang magsasaka. Gusto ko sanang mag-loan para
makabili ng bagong traktora.

Ms. Cruz:
Magandang umaga rin po, Mang Ramon. Sure po! Magkano po ang halaga ng traktora na bibilhin ninyo?

Ramon:
Mga ₱600,000 po ang halaga. Kailangan ko po ang loan para dito.

Ms. Cruz:
Okay po. Pwede po namin kayong bigyan ng annuity loan. Ibig sabihin, magbabayad kayo ng fixed na
halaga buwan-buwan, na kasama na ang principal at interest. Ang interest rate po namin ay 10% kada
taon, at pwede ninyo itong bayaran sa loob ng 5 taon.

Ramon:
Ah, ganun po ba? Magkano kaya ang magiging buwanang bayad ko kung ganun?

Ms. Cruz:
Compute natin gamit ang Annuity Loan Formula:

PMT=P⋅r⋅(1+r)n(1+r)n−1PMT = \frac{P \cdot r \cdot (1 + r)^n}{(1 + r)^n - 1}

Kung saan:

 PMTPMT = Monthly Payment

 P=₱600,000P = ₱600,000 (Loan Amount)

 r=0.00833r = 0.00833 (Monthly interest rate, 10% annual ÷ 12 months)

 n=60n = 60 (5 years × 12 months per year)

Step 1: Substitute po natin ang values.

PMT=600,000⋅0.00833⋅(1+0.00833)60(1+0.00833)60−1PMT = \frac{600,000 \cdot 0.00833 \cdot (1 +
0.00833)^{60}}{(1 + 0.00833)^{60} - 1}

Step 2: Compute muna ang (1+r)60(1 + r)^{60}:

(1.00833)60=1.647009(1.00833)^{60} = 1.647009

Step 3: Substitute natin ulit:

PMT=600,000⋅0.00833⋅1.6470091.647009−1PMT = \frac{600,000 \cdot 0.00833 \cdot 1.647009}

{1.647009 - 1} PMT=600,000⋅0.013715280.647009PMT = \frac{600,000 \cdot 0.01371528}{0.647009}
PMT=8,229.1680.647009PMT = \frac{8,229.168}{0.647009} PMT=₱12,720.91PMT = ₱12,720.91

Ms. Cruz:
So, Mang Ramon, ang magiging monthly payment ninyo ay ₱12,720.91 sa loob ng 5 taon.

Ramon:
Ah, ibig sabihin po, sa 60 buwan, babayaran ko ng kabuuan ay:

Total Payment=PMT⋅n=₱12,720.91⋅60=₱763,254.60\text{Total Payment} = PMT \cdot n = ₱12,720.91 \

cdot 60 = ₱763,254.60

Ang interest po ay:

Interest=Total Payment−P=₱763,254.60−₱600,000=₱163,254.60\text{Interest} = \text{Total Payment} - P

= ₱763,254.60 - ₱600,000 = ₱163,254.60

Ms. Cruz:
Tama po, Mang Ramon. Ang ₱600,000 loan ninyo ay may total interest na ₱163,254.60 sa loob ng 5 taon.

Ramon:
Okay po. Medyo malaki ang interest, pero makakabawi naman po ako kapag napalago ko ang ani gamit
ang bagong traktora.

Ms. Cruz:
Tama po! Basta consistent po kayo sa pagbabayad buwan-buwan, hindi po kayo magkakaroon ng
problema. Pwede na po ba natin itong iproseso?

Ramon:
Opo, Ma’am. Maraming salamat po sa tulong ninyo.

Ms. Cruz:
Walang anuman po, Mang Ramon. Good luck po sa inyong ani, at sana po ay makatulong ang loan na ito
para sa inyong negosyo!

Key Takeaways for the Audience:

1. Annuity Loan: Provides fixed monthly payments, making it predictable for borrowers.
 2. Real-Life Application: Farmers can use annuity loans to invest in equipment or resources that
increase productivity.

3. Plan Finances Carefully: Understand the total cost of the loan, including interest, to ensure
affordability.

Would you like to explore different repayment periods or loan amounts? 😊

G1

Alverne

Flores

Prestoza

Sorio

Abrigo

Bandarlipe

Biay

Dela Cruz

Edades

Garin

Juguilon

Mejia, A

Paragas

Prestoza, A

Siapno

Yamat