School Grade Level 11

DAILY LESSON
Teacher Learning Area MATHEMATICS
LOG
Dates and Time Quarter Second

I. OBJECTIVES
The learner demonstrates understanding of key concepts of simple and compound interests,
A. Content Standards
and simple and general annuities
B. Performance The learner is able to investigate, analyze and solve problems involving simple and compound
Standards interests and simple and general annuities using appropriate business and financial instruments..
Objectives:
At the end of the teaching learning process, 100% of the students with 75% proficiency
C. Learning are expected to:
Competencies/ 1. identify whether the given situation is ordinary annuity or annuity due
Objectives 2. solve problems in finding the future value and present value of simple annuity due
(Write the LC
3. participate actively in answering the activity.
code for each)

(M11GM-IId-1)
II. CONTENT
Future value and present value of simple annuity due
III. LEARNING Learner’s material, teacher’s guide
RESOURCES
A. References
1. Teacher’s pp. 168-198
Guide pages
2. Learner’s
Mathematics Learner’s Module. pages 8-9
Material pages
3. Textbook pages General Mathematics pp. 216-217
4. Additional  https://math.libretexts.org/Bookshelves/Applied_Mathematics/Book
Materials from %3A_Business_Math_(Olivier)/11%3A_Compound_Interest_Annuities/
Learning 11.01%3A__Fundamentals_of_Annuities
Resource (LR)
 https://www.free-online-calculator-use.com/future-value-annuity-calculator.html
portal
 https://jamboard.google.com/d/1Rv8L6oQ3iE-
1CRJwD7ERiRGhxJ8AOc6Oxw6R5a5QbzM/viewer?f=0
 https://quizizz.com/admin/quiz/6031e4017127f7001be14101/simple-annuity
 https://www.facebook.com/watch/?v=221921315996680

B. Other Learning
PowerPoint Presentation, Google Classroom, Laptop, Whiteboard, marker and
Resources /
Materials Quizziz,Jamboard
IV. PROCEDURES Teacher’s Activity Student’s Activity
Daily Routine
 Just an update those who were in the
provinces like Ms. Lauddin, how are Yes ma’am
you staying there? did you encounter
some struggles, if there is any, don’t
hesitate to email me or message me
through messenger so that I could help
you provide your need.
 Requesting everyone to observe
silence for a prayer

 Good Morning Class! Good Morning Ma’am

 Checking of attendance is done

automatically by using the meet
extension 1. Be ready.
 Rules in the Online Classroom. 2. Microphone muted, camera on.
3. Be respectful.

A. Reviewing Follow up (Group Work)

 previous lesson or Each group will present their work. You will
presenting the new be graded using the problem solving rubric.
lesson

Dina and Dana are twins. After graduation and

being finally able to get a good job , they plan
for retirement as follows.
• Starting at age 24, Dina deposits P Group I. For Dina’s Plan
10, 000.00 at the end of each year for Answer. P 4 844 631.16
36 years
• Starting at age 42, Dana deposits P 20
000 .00 at the end of each year for 18 Group 2. For Dana’s Plan
years. Answer. P 1 114 994.30
Who will have the greater amount at Answer Dina will have the greater amount at
retirement if both annuities earn 12% per year retirement.
compounded annually?

From your group activity what lesson did you Answer: The activity shows the value of time
learn? and the advantage of saving early on the
amount of money.
*Investing early, the longer your money is
invested, the more time it has to grow”
Regardless the amount you can afford the
important thing is to start and be consistent.
Even small contributions made each month
will grow. You can increase your
contributions as your financial situation
changes throughout your life.

B. Establishing a
purpose for the Let’s explore this problem by applying 1−r n
lesson/presenting geometric sequence,
Answer. S= a ( )
1−r
examples/instance
of the new lesson
Ben went on a hiking trip. The first day he a-first term =18
walked 18 kilometers. Each day since, he r-common ratio=0.90
walked 90% of what he walked the day before.
1−(0.90)10
What is the total distance Ben has traveled by S=18.
1−(0.90)
the end of the 10th day?
Round your final answer to the nearest
kilometer.
 0.6513
S = 18. 0.10

S=117.24 km→ To the nearest

How did geometric sequence relate to our kilometer, the total distance Ben traveled by the
topic? end of the 10th day is 117km

Based on the definition of annuity is a

sequence of periodic payments paid or received
at equal time. Just like finding the next term or
the sum of a given value.

C. Discussing new
concepts and One of the most challenging aspects of Key Words or Common
Type
practicing new annuities is recognizing whether the annuity Phrases Applications
skills #1 you are working with is ordinary or due. To -... payments
help you recognize the difference, the table are at the
below summarizes some key words along with end....
common applications in which the annuity -... payments - bank loans of
may appear. do not start any type
Ordinary today... - mortgages
-... payments - bonds
are later... - Pension Plan
-... first
payment next
interval...
-...payments
are at the
beginning...
-...payments - any kind of
start today... lease
-... payments - any kind of
Due are in rental
advance... - membership
-...first dues
payment - insurance
today...
-...payments
start now...
Answer

1. Ordinary annuity
Identify whether the situation describes an
ordinary annuity or annuity due. 2. Annuity due
1. The monthly mortgage payment of
Mrs. De Vera is P 25, 148.05 at the
end of each month.
2. The rent for the apartment of Mr.
Reyes is P6 500. 00 and due at the
beginning of each payment

Future value formula for annuity due

n
(1+i) −1
 FV=P . ( 1+ i )
i
 FV=future value or amount
 P= periodic payment
 i = interest rate per period, when
annual rate
r
 i= no
K conversion periods∈a year
of
  n=total number of conversion periods
 n=t . k

Answer.
n
(1+i) −1
FV=P . ( 1+ i )
i
Example 1
Suppose Mr .∧Mrs . DelaCruz Given: P= 20 000
deposited 20 000 at the r .10
beginning of i= = =.1
K 1
each year for 5 years∈an n= 5
investment that earns 10 % per
year compounded annually , (1+0.1)5−1
what is the amount • FV=20 000 . ( 1+0.1 )
0.1
¿ future value of the annuity .
FV= 134 , 312.20
Let us verify our answer by using this link
https://www.free-online-calculator-use.com/
future-value-annuity-calculator.html An investment of P 20 000 at the beginning of
each year for 5 years at 10% compound
annually would return P 134 312.20

D. Discussing new Present Value formula for annuity due

concepts and P [ 1−(1+i ) ]
−n

practicing new • PV= . ( 1+ i )

skills #2
i
• PV=present value or amount
• P= periodic payment
• i = interest rate per period, when
r
• i=
K
annual rate
no
conversion periods∈a year
of Answer
•
n=total number of conversion periods
P [ 1−(1+i ) ]
−n
n=t . k PV= . ( 1+ i )
i

Example 2 • PV=
50 000 [ 1−(1+0.08) ]
−10
Nena borrows money for the renovation of her
house and repays by making yearly payments . ( 1+0.08 )
0.08
of P50, 000. 00 at the beginning of each year
• PV= P 362 344.40
for a period of 10 years at an interest rate of
8% compounded annually. How much did
Nena borrows 362 344.40
Nena borrow?

For verification of your answer

https://www.free-online-calculator-use.com/
present-value-annuity-calculator.html?
E. Developing Solve the following problem. Answer.
mastery 1.Alberto’s parents saved for his college education
(Leads to by investing P 12 000 at the beginning of each year 1. FV=308 070.34→the investment of 12000 at
Formative in an education plan that earns 6% per year the beginning of each year at 12% compounded
Assessment 3) compounded annually. What is the total amount of annually would return P308 070.34
investment at the end of 16 years?
2. Mrs. Rivera is taking out a business loan 2. PV= 56 838.14→Mrs. Rivera borrows P56
requiring payments of 5000 at the beginning of 838.14 at 12% interest rate payable for 12
each month for 12 months. The annual loan rate is months
12%. Calculate the present value of the annuity
due.
F. Finding practical Group Work.
applications of Think, Pair and Share (same rubric)
concepts and
 skills in daily The class will be divide into two, Group 1 will
living work for annuity A, group 2 will do on annuity B.
You may use the jamboard in presenting your
work. Leader will choose one representative to
present your work. I’ll give you 5 minutes.

https://jamboard.google.com/d/1Rv8L6oQ3iE-
1CRJwD7ERiRGhxJ8AOc6Oxw6R5a5QbzM/
viewer?f=0

Consider the given annuities.

Answer
Annuity A. P 1000 deposited at the beginning of
each month for 3 years at 12% compounded Group 1. FV= P 43 507.65→ the investment of
monthly. 1000 at the beginning of each year at 12% compounded
monthly would return P43 507.65

Annuity B. P3000 deposited at the beginning of Group 2. FV= P 43 853.37→ the investment of
each quarter for 3 years at 12% compounded 3000 at the beginning of each year at 12% compounded
quarterly. monthly would return P43 507.65

The amount in Annuity A is less than in amount in

What can you say about the result?
Annuity B, which means that the greater the amount
you will invest the greater the interest you will earn

G. Making
generalizations and
Terms Comparison
abstractions about the Simple and Answer.
lesson General
Annuity Simple annuity the payment interval is the
same as the interest period while in general
Simple annuity the payment interval is not the same as
Ordinary the interest period.
and Simple
Annuity due Ordinary annuity the payments are made at the
Compare and contrast end of each payment while annuity due
payments are made at beginning of each
payment
Key points. Annuities can help you grow your
money with protection and share your wealth.
Annuities can provide with guaranteed income for
life. You don’t have to pay taxes on earnings in
annuities until you begin making withdrawals
I. Evaluating **Quizizz 1. Annuity
learning Instructions: 2. Simple annuity
1. Open quizziz app 3. Ordinary annuity
2. Enter the code 4. Annuity due
3. Read before you answer. 5. Future value
https://quizizz.com/admin/quiz/ 6. 695 652 .19
6031e4017127f7001be14101/simple- 7. 1,602,578.18
annuity
J. Additional **Google Classroom
activities for 1. What is the future value of ₱1500 that is Answer.
application or to be paid at the beginning every three
remediation months for 2.5 years? Assume money is 1. 17,711.69
worth 12% compounded quarterly.
2. Find the present value of an annuity due 2. 15,424.09
of ₱4,000 at 5% compounded semi-
annually for 2 years.
V. REMARKS
VI. REFLECTION
SECTION AT4-HUMSS 1/HUMSS2
A. No. of learners
who earned 80% 7 out 10 earned 80% and above
 on the formative
assessment
B. No of learners 3 out 10 needs remediation and 17 those who were not able to join because of unstable
who require connection.
additional
activities for
remediation
C. Did the remedial Yes, 17 learners
lessons work?
No. of learners
who caught up
with the lesson
D. No. of learners none.
who continue to
require
remediation.
E. Which of my
teaching
strategies worked Inductive strategy
well? Why did
these work?
F. What difficulties
did I encounter
which my
Those students who did not want to recite.
principal or
supervisor can
help me solve?
G. What innovation
or localized
materials did I
use/discover The use of jamboard, quizzis, sketch pad
which I wish to
share with other
teachers?