Group Project_20250916_232211_00000.pptx

interest simple and compound

1. ) ) ) ) ) ) ) ) ) LET’S HAVE! ) ) ) ) ) ) ) ) ) Brain Teasers

2. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

3. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) FISH FOREVER Can You Guess Me?

4. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

5. ) ) ) ) ) ) ) ) ) I keep your money safe and sound, With vaults and guards all year round. I add interest if you let it stay, And help you save for a rainy day. What am I? ) ) ) ) ) ) ) ) ) BANK

6. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

7. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) SIMPLE Can You Guess Me?

8. ) ) ) ) ) ) ) ) ) LEARNING OBJECTIVES At the end of the lesson the learners illustrate simple and compound interests. M11GM-IIa-1 ) ) ) ) ) ) ) ) )

9. ) ) ) ) ) ) ) ) ) “Would you rather invest in a plan that gives you 5% simple interest per year or one with 5% compound interest?” MOTIVATIONAL QUESTION: ) ) ) ) ) ) ) ) )

10. ) ) ) ) ) ) ) ) ) INTEREST ) ) ) ) ) ) ) ) )

11. ) ) ) ) ) ) ) ) ) Definition DEFINITION OF TERMS 01 amount of money borrowed or invested on the origin date 02 03 04 Principal (P) ) ) ) ) ) ) ) ) ) Rate (R) annual rate, usually in percent, charged by the lender or rate of increase of investment. Time or Term (T) Interest (I) Amount of time in years the money is borrowed or invested. amount paid or earned for the use of money.

12. ) ) ) ) ) ) ) ) ) the amount of money paid or earned for the use of money over a certain period of time. ) ) ) ) ) ) ) ) ) INTEREST

13. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) If you borrow money (loan): ) ) ) ) ) ) ) ) ) IN TWO CONTEXT Interest is the extra amount you pay to the lender for using their money Interest is the extra money you earn from the bank or financial institution as a reward for keeping your money there. If you save or invest money:

14. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) Simple Interest ) ) ) ) ) ) ) ) ) TYPES OF INTEREST Interest based only on the original principal. Interest is calculated on the principal and accumulated interest. Compound Interest I = P x R x T (Interest = Principal × Rate × Time) FORMULA: FORMULA:

15. ) ) ) ) ) ) ) ) ) Where: P = Principal R = Annual rate (in decimal) T = Time in years n = number of times interest is compounded per year A = Final amount COMPOUND INTEREST ) ) ) ) ) ) ) ) ) FORMULA:

16. ) ) ) ) ) ) ) ) ) Assume: ₱10,000 principal, 5% rate annually, 3 years 1. Compute its simple interest. 2. Compute its compound interest. EXAMPLE ) ) ) ) ) ) ) ) )

17. ) ) ) ) ) ) ) ) ) GROUP ACTIVITY ) ) ) ) ) ) ) ) )

18. ) ) ) ) ) ) ) ) ) Group Jay borrowed ₱20,000 from his uncle at an annual simple interest rate of 4%. If he plans to repay the loan after 10 years, how much interest will he pay? ) ) ) ) ) ) ) ) ) GROUP 1 Present your answer using the table

19. ) ) ) ) ) ) ) ) ) Group A cooperative offers 3% interest compounded annually. If you invest ₱25,000, what will be the value of your investment after 10 years? ) ) ) ) ) ) ) ) ) GROUP 2 Present your answer using the table

20. ) ) ) ) ) ) ) ) ) Group Suppose you won ₱10000 and you plan to invest it for 5 years. A cooperative offers 2% simple interest rate per year. A bank offers 2% compounded annually. Which will you choose and why? ) ) ) ) ) ) ) ) ) GROUP 3 Present your answer using the table

21. ) ) ) ) ) ) ) ) ) GROUP ACTIVITY ) ) ) ) ) ) ) ) )

22. ) ) ) ) ) ) ) ) ) Directions: Read each statement carefully. Press (BLUE) button if it describes Simple Interest, and (RED) button if it describes Compound Interest. IDENTIFY THE TYPE OF INTEREST ) ) ) ) ) ) ) ) )

23. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) The interest is calculated only on the original principal.

24. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) The interest earned in previous years also earns interest.

25. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) Your ₱5,000 investment becomes ₱5,512.50 after 2 years at 5% compounded annually.

26. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) The total interest is constant every year.

27. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) The best type of interest if you are borrowing money.

28. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) The future value of your savings is calculated using:

29. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) The best type of interest if you are investing and saving in a bank.

30. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) Your investment earns more interest every year as the total increases

31. ) ) ) ) ) ) ) ) ) It Helps Your Money Grow ) ) ) ) ) ) ) ) ) WHY IS INTEREST IMPORTANT? It Affects the Cost of Borrowing Encourages Smart Financial Decisions It’s Everywhere in Real Life

32. ) ) ) ) ) ) ) ) ) A. Identify the Type of Interest (5pts) B. Solve it! (15pts) EVALUATION ) ) ) ) ) ) ) ) )

33. ) ) ) ) ) ) ) ) ) Research a bank, lending institution, or investment product and answer: 1.What interest rate do they offer? 2.Is it simple or compound? 3.How much will you earn if you invest ₱20,000 for 2 years? ASSIGNMENT ) ) ) ) ) ) ) ) )

34. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) Presented by Ma’am Princess Dianne Tejoso-Tesalona