COLEGIO DE SAN JOSE JARO, ILOILO CITY, INC.

E. Lopez St., Brgy. Our Lady of Fatima, Jaro, Iloilo City

Contact Numbers: (033) 329-1595 or 329-4151 Fax Number (033) 329-6629
Member: Daughters of Charity - St. Louise de Mariilac Educational System

Integrated Basic Education Department

Activity Set in General Mathematics – Grade 11 STEM

Second Quarter – Week 1

Name: ____________________________ Grade 11 – STEM Section: __________

Learning Objectives
 identify finance-related terms;
 calculate simple interest;
 Compute for the principal, rate, time, or interest;
 Find the future value of a compound interest investment and the amount of interest
earned when interest is compounded at regular intervals or continuously; and
 solve word problems involving simple and compound interests.

Learning Content
 Simple Interest & Compound Interest
 Finding maturity and present value in Simple and Compound Interest

Introduction:
Finance is defined as “the system that includes the flow of money” the granting of credit,
making of investments and the provision of banking facilities.” In this module, we will explore the
world of mathematics of investment beginning from simple to compound interest and simple
annuity.

A. Directions: Identify what term/s is referred to by the following.

1. A person or institution who invests the money or makes the funds
available
2. A person or institution who owes the money or avails of the funds
from the lender
3. Amount after t years that the lender receives from the borrower
4. Amount of money borrowed or invested
5. Date on which the money borrowed or loan is to be completely repaid
6. Interest that is computed on the principal and then added to it
7. Rate of increase of the investment, usually in percent charged by the
lender
8. Amount of time in years the money is borrowed or invested
9. Interest that is computed on the principal and also on the
accumulated past interests
10. Amount paid or earned for the use of money

B. Directions: Solve for a, b, c and d and the word problem below.

The simple interest I formula is given by
I = Prt,

I – interest P – principal
r – annual interest rate (written in decimal
t – time (in years)

How long will a principal earn an interest equal to half of it at 3% simple annual interest?

Grade 11-STEM GenMath-2nd Qtr Week 1 Oct. 9 -13, 2023

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C. Directions: Solve the following problems using the formula for Maturity Value of Simple
Interest.

A = P(1 + rt)
where, 1. When invested at an annual interest rate of
A = accumulated/future/maturity value 7.5%, an amount earned P10, 000 of simple
P – principal or present value interest in three years. How much money was
r – annual interest rate (written in decimal
t – time (in years)
originally invested?

2. An amount of Php500,000 is invested in a 10-year trust that pays 6% annual interest.

What is the total amount of the trust fund at the end of ten years?

D. Directions: Study the following examples on Present and Future Value of Compound
Interests.

Grade 11-STEM GenMath-2nd Qtr Week 1 Oct. 9 -13, 2023

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Solve the word problem.
In order to have P50,000 in 5 years, how much should you invest if the compound interest is 5 %?

Solution:

E. Formula for Maturity Value, Compounding m times a year

or

𝑟 𝑘𝑡
𝐴 = 𝑃 (1 + )
𝑘
𝑟
where is called periodic rate
𝑘

A = maturity (future) value

Solve each word problem.

1. What amount must be invested in order to have a P128, 376.52 after 10 years if money
is worth 3% compounded quarterly?

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 2. For each of the following investments, determine the interest rate per period i, and the
number of compounding periods n.
a. 12% compounded monthly for 7 years
b. 7.2% compounded quarterly for 11 years
c. 10% compounded daily for 5 years

3. At what nominal rate of interest of interest, compounded yearly, will money double in 8
years?

F. Directions: Apply the formula for Continuous Compound Interest to solve the problem below.

1. Suppose you invested P50,000 at 2.5% compounded continuously. How much will you
have from this investment after 5 years?

2. Suppose Php5,000is deposited in an account paying 8% compounded continuously for 5

years. Find the compounded amount.

“The most important investment you can make is in yourself.” – Warren Buffett

Grade 11-STEM GenMath-2nd Qtr Week 1 Oct. 9 -13, 2023

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 COLEGIO DE SAN JOSE JARO, ILOILO CITY, INC.
E. Lopez St., Brgy. Our Lady of Fatima, Jaro, Iloilo City
Contact Numbers: (033) 329-1595 or 329-4151 Fax Number (033) 329-6629
Member: Daughters of Charity - St. Louise de Mariilac Educational System

Integrated Basic Education Department

Score:
General Mathematics – Grade 11 STEM
Assignment # 1- Second Quarter

Name: ____________________________ Grade 11 – STEM Section: ____________

Solve the following problems:

1. What is the nominal rate of interest if Php4,000 accumulates to Php10,000 in 8 years with
interest compounded quarterly?

2. How long will a principal double when invested at 10% compounded semi-annually?

3. In how many years will it take Php18,000 accumulate to Php20,000 when deposited in a
savings account that earns 0.250% compounded monthly?

4. In a certain bank, Angel invested Php88,000 in a time deposit that pays 0.5% compound
interest in a year. How much will her money after 6 years? How much interest will she
gain?

5. Find the compound amount and interest due in 10 years if Php5,000 is invested at 7%
compounded semi-annually.

6. At what simple interest rate will an amount of money double itself in 10 years?

7. Juan invested a certain amount at 8% simple interest per year. After 6 years, the interest
she received amounted to Php148,000. How much did she invest?

Grade 11-STEM GenMath-2nd Qtr Week 1 Oct. 9 -13, 2023

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