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Simple and Compound Interest

This document contains a mathematics intervention lesson plan focusing on simple and compound interest concepts. The lesson contains two activities for simple interest involving calculating principal, interest rate, time, and final amounts for various loan scenarios. The second lesson shifts to compound interest, asking students to calculate compound interest and maturity values for investments compounded annually, semi-annually, quarterly, and monthly over different time periods. Students are asked to solve for unknown values such as interest earned, maturity amounts, and time required to reach a given return.

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Jennifer Magango
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193 views1 page

Simple and Compound Interest

This document contains a mathematics intervention lesson plan focusing on simple and compound interest concepts. The lesson contains two activities for simple interest involving calculating principal, interest rate, time, and final amounts for various loan scenarios. The second lesson shifts to compound interest, asking students to calculate compound interest and maturity values for investments compounded annually, semi-annually, quarterly, and monthly over different time periods. Students are asked to solve for unknown values such as interest earned, maturity amounts, and time required to reach a given return.

Uploaded by

Jennifer Magango
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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SECOND QUARTER

GENERAL MATHEMATICS
INTERVENTION

NAME:_____________________________________ Section: ________________

LESSON 1: SIMPLE INTEREST

ACTIVITY 1: INTEREST, PRINCIPAL, RATE AND TIME.


Solve the following problems.
1. A man borrowed P 35, 000 for 2.25 years at 6% per year. Find the amount of simple interest.
2. How much is the simple interest on a loan of P 20, 500 for 8 months at 6.5% interest?
3. A salesman borrowed a certain amount of money at 8% simple interest for 4 years. How much
did he borrowed that resulted in the interest amounting to P 600?
4. If P 60, 000 was deposited in a bank and became P 61, 620 at the end of 1.5 years, find the interest
rate.
5. How many years did it take Ruel to place P 100, 000 in an investment house that pays 5% simple
interest before he obtained an interest of P 4, 000?

ACTIVITY 2: FINAL AMOUNT/ MATURITY VALUE


Solve the following problems.
1. A sum of P 58, 400 is borrowed for 9 months at 5.6% simple interest. Determine the maturity
value of the loan.
2. Find the maturity value if 1 million pesos is deposited on a bank with an annual simple interest
rate of 0.25% years in
(a) 1 year
(b) 5 years?
3. If a person borrowed P 35, 000 from a bank charging 12% simple interest, how much would he
pay at the end of 18 months?

LESSON 2: COMPOUND INTEREST

ACTIVITY 1:
Solve the following problems by finding for the unknown value.
1. Find the compound amount and interest if Php 30, 000 is invested for 2 years at 8%
compounded
a. Annually
b. Semi-annually
c. Quarterly
d. Monthly
2. Find the maturity value of an investment of Php. 65, 000 that is placed in a savings fund that
pays 5% compounded semi-annually for 4 years and 6 months.
3. At what nominal rate compounded quarterly will Php. 25, 000 accumulate to Php. 26, 995.47 in
2 years.
4. How much must a parent deposit in a bank now that gives 5.5% interest compounded monthly
so that after 8 years, he will have Php. 650, 000?
5. How many years will it take Php. 80, 000 to earn Php. 60, 000 if the interest rate is 6%
compounded annually?

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