BUSINESS VENTURES

By: Jonalyn Ann Blantucas

11-STEM 1
 INTRODUCTION

OBJECTIVES

GENERAL COUNTRIES AND THEIR

MATHEMATICS PRINCIPAL AMOUNTS

MATHEMATICS
 Objectives
GOALS ROLE

You are tasked to create a

You are an accountant in
presentation of the standard
an international company.
interest rate used by five
countries of your choice.

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Countries and
their Principal
Amounts
 COUNTRY PRINCIPAL AMOUNT
Italy € 5,000
New Zealand $ 6,000
Philippines ₱ 7,000
Australia $ 8,000
Thailand ฿ 9,000

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ITALY
Standard Interest Rate-3.36%
Principal amount- ₱5,000

Amount of Interest in 1 year Amount of Interest in 5 years Amount of Interest in 10 years

IS=PRT IS=PRT IS=PRT

=5,000(3.36)(1) =5,000(3.36)(5) =5,000(3.36)(10)
=5,000(3.36) =5,000(16.8) =5,000(33.6)
=16,800 =84,000 =168,000

Future Value= P + IS F= P + IS F= P + IS
=5,000 + 16,800 = 5,000 + 84,000 = 5,000 + 168,000
= €21,800 = €89,000 = €173,000

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 PIECEWISE FUNCTION

21,800 if 0 < x ≤ 5
f(x) 89,000(x/5) if 5 < x ≤ 10
173,000(x/10) if x > 10

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 Amount of Money
in 20 years

IS=PRT+1
=5,000[(3.36)(20)+1]
=5,000(67.2+1)
=5,000(68.2)
=341,000

Therefore,the amount of money in 20 years

will be €341,000.

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New Zealand
Standard Interest Rate-0.25%
Principal amount- $6,000

Amount of Interest in 1 year Amount of Interest in 5 years Amount of Interest in 10 years

IS=PRT IS=PRT IS=PRT

=6,000(0.25)(1) =6,000(0.25)(5) =6,000(0.25)(10)
=6,000(0.25) =6,000(1.25) =6,000(2.5)
=1,500 =7,500 =15,000

Future Value= P + IS F= P + IS F= P + IS
=6,000 + 1,500 = 6,000+ 7,500 = 6,000 + 15,000
= $7,500 = $13,500 = $21,000
 PIECEWISE FUNCTION

7,500x if 0 < x ≤ 5
f(x) 13,500(x/5) if 5 < x ≤ 10
21,000(x/10) if x > 10

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 Amount of Money
in 20 years
IS=PRT+1
=6,000[(0.25)(20)+1]
=6,000[(5)+1]
=6,000(6)
=36,000

Therefore, the amount of money in 20 years will

be $36,000.

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 Philippines
Standard Interest Rate-3.75%
Principal amount- ₱7,000

Amount of Interest in 1 year Amount of Interest in 5 years Amount of Interest in 10 years

IS=PRT IS=PRT IS=PRT

=7,000(3.75)(1) =7,000(3.75)(5) =7,000(3.75)(10)
=7,000(3.75) =7,000(18.75) =7,000(37.5)
=26,250 =131,250 =262,500

Future Value= P + IS F= P + IS F= P + IS
=7,000 + 26,250 = 7,000+ 131,250 = 7,000 + 262,500
= ₱33,250 = ₱138,250 = ₱269,500
 PIECEWISE FUNCTION

33,250x if 0 < x ≤ 5
f(x) 138,250(x/5) if 5 < x ≤ 10
269,500(x/10) if x > 10

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 Amount of Money
in 20 years
IS=PRT+1
=7,000[(3.75)(20)+1]
=7,000(75+1)
=7,000(76)
=532,000

Therefore, the amount of money in 20 years

will be ₱532,000.

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Australia
Standard Interest Rate-2.35%
Principal amount- $8,000

Amount of Interest in 1 year Amount of Interest in 5 years Amount of Interest in 10 years

IS=PRT IS=PRT IS=PRT

=8,000(2.35)(1) =8,000(2.35)(5) =8,000(2.35)(10)
=7,000(2.35) =8,000(11.75) =7,000(23.5)
=18,800 =94,000 =188,000

Future Value= P + IS F= P + IS F= P + IS
=8,000 + 18,800 = 8,000+ 94,000 = 8,000 + 188,000
= $26,800 = $102,000 = $196,000
 PIECEWISE FUNCTION

26,800 if < x ≤ 5
f(x) 102,000(x/5) if < x ≤ 10
196,000(x/10) if x > 10

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 Amount of Money
in 20 years
IS=PRT
=8,000(2.35)(20)
=8,000(47)
=376,000

F= P + IS
= 8,000 + 376,000
= $384,000

Therefore, the amount of money in 20 years

will be $384,000.

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THAILAND
Standard Interest Rate-0.75%
Principal amount- ₱9,000

Amount of Interest in 1 year Amount of Interest in 5 years Amount of Interest in 10 years

IS=PRT IS=PRT IS=PRT

=9,000(0.75)(1) =9,000(0.75)(5) =9,000(0.75)(10)
=5,000(0.75) =9,000(3.75) =9,000(7.5)
=6,750 =33,750 =67,500

Future Value= P + IS F= P + IS F= P + IS
=9,000 + 6,750 = 9,000 + 33,750 = 9,000 + 67,500
= ฿15,750 = ฿42,750 = ฿76,500

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 PIECEWISE FUNCTION

15,750x if 0 < x ≤ 5
f(x) 42,750(x/5) if 5 < x ≤ 10
76,500(x/10) if x > 10

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 Amount of Money
in 20 years
IS=PRT
=9,000(0.75)(20)
=9,000(15)
=135,000

F= P + IS
= 9,000 + 135,000
= ฿144,000

Therefore, the amount of money in 20 years

will be ฿144,000.

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thank you