ANSWER SHEET IN GENERAL MATHEMATICS

QUARTER 2– MODULE 1: SIMPLE INTEREST

Name: __________________________________________ Grade & Section: _____________________
Subject Teacher: Ms. Abegail Q. Panang
SCORE

STUDY THE MODULE AS YOUR GUIDE IN ANSWERING THE QUESTIONS

I. Pia deposited P50,000.00 at 6% simple interest for 7 years. At the end of 7 years, her account
contains P71,000.00. Give the term for each value in relation to the problem.

1. P50,000.00 ______________________
2. P71,000.00 ______________________
3. 6% ______________________
4. 7 years ______________________

II. Complete the table by finding the simple interest.

Principal (P) Interest Rate (r) Time (t) Amount of Interest (I)
1
35,000 5% 4 years

2
46,300 4.5% 7.5 years

3
71,900 7 1/2% 30 months

Solution:
1. 2. 3.

III. Compute the table by finding the maturity value.

Principal (P) Interest Rate (r) Time (t) Maturity Value (A)
1
45,000 2.5% 3 years

2
36,300 9% 8.5 years

3
21,900 5 1/2% 18 months

Solution:
1. 2. 3.

IV. Find the amount due if P100,000.00 was invested at 12% for 150 days using:
a. Ordinary Interest b. Exact Interest

V. Find the unknown principal P, rate r, time t, and interest I by completing the table.

Principal (P) Rate (r) Time (t) Interest (I)

P5,500.00 6% 5 (1) ____________

(2) _____________ 4.5% 2 963

P21,100.00 (3)_______ 6 4,557.6

Solution:
1. 2. 3.

GOOD LUCK AND GOD BLESS!