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    LP Olivarez

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    Chriza Suarez
    This lesson plan aims to teach students about simple interest, with the objectives that 70% of students will be able to define interest and its variables, solve interest problems, and calculate interest. The lesson will begin with examples changing percentages to decimals and vice versa as a drill. Students will then participate in a pictoword activity to motivate learning of key terms like interest, principal, and percentage. The teacher will present the simple interest formula and examples of using it to calculate interest earned or owed in various scenarios. Students will then solve practice problems applying the simple interest formula before the lesson concludes with a quiz and assignment.

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    LP Olivarez

    Uploaded by

    Chriza Suarez
    21 views4 pages
    This lesson plan aims to teach students about simple interest, with the objectives that 70% of students will be able to define interest and its variables, solve interest problems, and calculate interest. The lesson will begin with examples changing percentages to decimals and vice versa as a drill. Students will then participate in a pictoword activity to motivate learning of key terms like interest, principal, and percentage. The teacher will present the simple interest formula and examples of using it to calculate interest earned or owed in various scenarios. Students will then solve practice problems applying the simple interest formula before the lesson concludes with a quiz and assignment.

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    lp-olivarez

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    This lesson plan aims to teach students about simple interest, with the objectives that 70% of students will be able to define interest and its variables, solve interest problems, and calculate interest. The lesson will begin with examples changing percentages to decimals and vice versa as a drill. Students will then participate in a pictoword activity to motivate learning of key terms like interest, principal, and percentage. The teacher will present the simple interest formula and examples of using it to calculate interest earned or owed in various scenarios. Students will then solve practice problems applying the simple interest formula before the lesson concludes with a quiz and assignment.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    21 views4 pages

    LP Olivarez

    Uploaded by

    Chriza Suarez
    This lesson plan aims to teach students about simple interest, with the objectives that 70% of students will be able to define interest and its variables, solve interest problems, and calculate interest. The lesson will begin with examples changing percentages to decimals and vice versa as a drill. Students will then participate in a pictoword activity to motivate learning of key terms like interest, principal, and percentage. The teacher will present the simple interest formula and examples of using it to calculate interest earned or owed in various scenarios. Students will then solve practice problems applying the simple interest formula before the lesson concludes with a quiz and assignment.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    LESSON PLAN

    I. OBJECTIVES
    At the end of the lesson, 70% of the students should be able to:
     define interest and its variables,
     solve problems that involve interests.

    II. SUBJECT MATTER: BUSINESS MATH XI
    A. Topic: Simple Interests
    B. References:
     http://teachersites.schoolworld.com/webpages/tahrens/files/Simple%20and
    %20Compound%20Interest.pdf
    C. Materials: visual aids, board work for exercises

    III. LESSON PROPER


    A. Preparation:
     Prayer, greeting and observe classroom arrangement.
    B. Drill:
    Change the following percent to decimals and vice versa
    1. 15% = 0.15 6. 0.05= 5%
    2. 2%= 0.02 7. 23% = 0.23
    3. 0.8 = 80% 8. 50% = 0.5
    4. 30% = .3 9. 0.078= 7.8 %
    5. 120% = 1.2 10. 0.156 = 15.6 %
    C. Motivation: PICTOWORD
    Guess the hidden word by looking at the picture.
    1.
    = INTEREST

    2.

    =PRINCIPAL

    3.

    = PERCENTAGE

    D. Presentation
    1. Ask the students “what is interest?”
     INTEREST- the amount of money that you pay to borrow money or the amount of
    money that you earn on a deposit.
    Ways to get interest:
     Payment to the borrowed money (debtor)
    Ex. Loans, pawnshops, and lending
     Earned on a deposit (creditors)
    Ex. Bank deposits
    2. Define and discuss the variables in computing simple interest.
     Simple Interest (I) — amount of money paid or earned for the use of money
     Principal (p) — the amount of money borrowed or invested
     Rate (r) — the annual interest rate written as a decimal
     Time (t) — the amount of time in years (If time is given in months, it must be
    written as a fraction. For example, 6 months would be 6/12 years or 0.5 years.)
    3. Present the formula for simple interest and show examples.

    I=prt
    Ex. A. Joe deposits P20,000 in an account at his bank. The interest rate is 6%. How much
    interest will he earn in three (3) years?
    I = prt
    I = (20,000)(.06)(3)
    I = P3,600.00.
    Joe will earn P3600 in interest.

    B. Joe borrows P94,500 to fix his car and paid P9,922.5 after 1 year and 6 months. How
    many percent of interest does he paid to the bank?
    I
    r= Pt
    9,922.5
    r= (94,500)(1.5)
    9,922.5
    r= 141,750
    r= 0.07
    Joe paid 7% interest rate

    C. Jill deposits P365000 on a bank with an interest rate of 5.5%. How long does Jill have to
    wait if she wants her money to earn P15,000?
    I
    t=
    Pr
    15,000
    t=
    (365,000)(0.055)
    15,000
    t=
    (20,075)
    t=0.7471 or 0.75 ( round of to two decimal value)
    t=0.75 x 12 months
    t=9 months (Jill has to wait for 9 months)

    IV. COMPARISON AND ABSTRACTION:


    Solve for the following problems
    1. Jane owes the bank some money at 4% per year. After half a year, she paid P45, 000 as
    interest. How much money does she owe the bank?
    I
    P=
    rt
    45000
    P=
    ( 0.04)(0.50)
    45000
    P=
    0.02
    P=P 2,250,000
    2. John wants to have an interest income of P34, 500 a year. How much must he invest for
    one year at 8%?
    I
    P=
    rt
    34500
    P=
    (0.08)(1)
    45000
    P=
    0.08
    P=P 43,250

    V. GENERALIZATION:
     What is Interest? is the amount of money to pay a borrowed money or the amount
    earned in a deposit.
     What are the variables to compute interest? Principal, rate and time
     Do you think learning how to compute interest will help you? In what way?
    yes, by knowing how much interest will you pay for a specific duration when loaning
    in a bank or in doing any transactions involving borrowing and depositing.
    VI. APPLICATION:
    QUIZ
    Compute for the missing term
    1. Principal: P25,000 2. Principal: P280,000
    Interest: P3,000 Rate: 2.3%
    Time: 10 months Interest: P46,000
    Answer
    I I
    1. r = Pt 2. t= Pr
    3000
    r= 46,000
    10 t=
    ( 25,000 ) ( ) (280,000)(0.023)
    12
    3000 46,000
    r= t=
    ( 25,000 ) ( 0.83) 6440
    3000
    r= t=7.14 years .
    20,750
    r=0.14%

    3. Dianna deposits P725,000 into a savings account that pays 2.3% simple annual
    interest. How much interest will Dianna earn after 18 months?
    I = prt
    I =(725,000)(0.023)(1.5)
    I =P 25,012.50

    VII. ASSIGNMENT:
    Find the meaning of the following word
     compound interest
     annual rate
     formula for compound interest
    Prepared by:
    Chriza N. Dollete

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