GENERAL MATHEMATICS

MS. SHYLA PATRICE D. BUENAOBRA, LPT

 Opening Prayer
Loving Heavenly Father,
We come to you this hour asking
For your blessing and help
As we are gathered together.
We pray for guidance in the matters at hand
And ask that You would clearly show us
How to conduct our work
With a spirit of joy and enthusiasm.
Give us the desire to find ways
To excel in our class.
Help us to work harmoniously and encourage
Your Logo each other towards excellence.
We also pray Lord for those
Who have been suffering due to this pandemic
Give us protection against Covid 19
We ask all of these in the name of the Lord,
Jesus Christ. Amen.
ATTENDANCE MATTERS
 REVIEW
1. How to convert percentage to
decimal?
2.How to convert months to years?
Scientific Notation
1. 3.123 x = 312.3
2. 6.4 x = 64,000
3. 3.9 x = 0.00039
4. 6.12 x = 0.0000612
1. Go to Menti.com
2. Enter the code 4438 1219
SIMPLE ANNUITY
 Learning Objects :

1. illustrate simple annuities

2. appreciate the use of simple
annuities by using it in real life
scenarios
3. solve the future value and present
value of simple annuities.
 ANNUITIES
 A fixed sum of money paid to
someone At regular intervals,
subject or a fixed compound
interest rate.

Examples :
• Rent Payment
• Pension
• Monthly payment of car loan
Annuity Certain – payable for Annuity uncertain – payable
definite duration. for indefinite duration.
Begins and ends in a definite ANNUITY dependent on some certain
or fixed date event (ex: insurance)
Simple Annuity – interest General Annuity – interest
conversion or compounding ANNUITY conversion or compounding
ANNUITY
period is equal or the same as UNCERTAI period is unequal or not the
CERTAIN
the payment interval N same as the payment interval

SIMPLE GENERAL
ANNUITY ANNUITY

ORDINARY ANNUITY DEFERRED GENERAL GENERAL

PERPETUITIE
ANNUITY DUE ANNUITY ORDINARY ANNUITY S
ANNUITY DUE
 Determine if the given situations represent simple annuity or general
annuity

General annuity Simple Annuity

Payment are made at the end of A deposit of ₱5,500 was made at
each month for a loan that charges the end of every 3 months to an
5% interest compound quarterly. account that earns 8% compounded
quarterly
 SIMPLE ANNUITY

ORDINARY ANNUITY ANNUITY DUE DEFERRED ANNUITY

An annuity in which the An annuity in which the The periodic payment is not
periodic payment is periodic payment is made at the beginning nor at
made at the end of each made at the beginning of the end of eachpayment
payment interval each payment interval inteval,but some later date.
 Determine if the given situations represent Ordinary Annuity or an
Annuity Due.

Ordinary Annuity Annuity Due

Jun’s monthly mortgage payment The rent for the apartment is
is ₱35,148.05 at the end of each ₱7,000 and due at the beginning of
month each month
SIMPLE
ORDINARY ANNUITY
 Definition
 Future value – is the total
accumulation of the payments
and interest earned
(Keywords : amount/balace)

 Present value- is the principal

that must be invested today to
provide the regular payments
of an annuity.
(keyword: borrow)
 Future value of simple ordinary annuity
Formula:

𝐅𝐕=𝑷 ¿
where:
FV = future value
P = Periodic payment
= interest rate per time
n = total number of conversion
period.
 Present value of simple ordinary annuity
Formula:

PV =𝑃 ¿ ¿
where:
PV = Present value
P = Periodic payment
= interest rate per time
n = total number of conversion
period.
Let’s Solve
 Given:
P = ₱100 K = 12
Problem 1: i=
r = 9% or 0.09 n =0.09/12 = 0.0075
A deposit of P100 is placed into t = 10 years 10(12)=120

a college fund at the end of

every month for 10 years. The
Formula:
fund earns 9% annual interest,
compounded monthly, and
paid at the end of the month. Solution:
How much is in the account
right after the last deposit?
F (100)
 TRY THIS

FV= ₱19, 351.43

 Given:
P = ₱1,500 K = 12
Problem 2: r = 9% or 0.09 i = 0.0075
t = 2 years n = 2(12)=24
Fernan borrows money to
buy a motorcycle. He will Formula:
repay the loan by making
monthly payments of Php
1,500 per month for the Solution:
next 24 months at an P
interest rate of 9% per year
compounded monthly. How
much did Fernan borrow?
 TRY THIS

PV= ₱32,833.72
Problem 3: Given: (Adrian)
K=1
Adrian and Arielle are twins. After
P = ₱10,000
graduation and being finally able to r = 12% or 0.12 i = 0.12/1= 0.12
get a good job, they plan for t = 36 years n = 36
retirement as follows.

• Starting at the age of 24, Adrian

deposits Php 10,000.00 at the end of
each year for 36 yrs.
• Starting at age of 42, Arielle
Formula:
𝐅𝐕=𝑷 ¿
deposits Php 20,000 at the end of Solution:
each year for 18 years.
F (10,000)
Who will have greater amount at
retirement if both annuities earn
12% per year compounded annually?
 TRY THIS

FV= ₱4,844,631.16
Problem 3: Given: (Arielle)
K=1
Adrian and Arielle are twins. After
P = ₱20,000
graduation and being finally able to r = 12% or 0.12 i = 0.12
get a good job, they plan for t = 18 years
retirement as follows. n = 18
• Starting at the age of 24, Adrian
deposits Php 10,000.00 at the end of
each year for 36 yrs.
• Starting at age of 42, Arielle
Formula:
𝐅𝐕=𝑷 ¿
deposits Php 20,000 at the end of Solution:
each year for 18 years.
F (20,000)
Who will have greater amount at
retirement if both annuities earn
12% per year compounded annually?
 TRY THIS

FV= ₱1,114,994.30
 “
Who will have greater amount at
retirement if both annuities earn 12%
per year compounded annually
Adrianne has a greater
amount than Arielle after
retirement.
 ANY
QUESTION?
Uy,Nagkatinginan
yung tatlong
mageexam ulit!
Shortquiz #2
1. Go to Quizziz.com
2. Enter the code 6699 8515
 Closing Prayer
Glory be to the Father,
and to the Son,
and to the Holy Spirit,
as it was in the beginning,
is now, and ever shall be,
world without end.
Your Logo
Amen.