Scribd Logo
Upload

Welcome to Scribd!

  • 26 views

    Gen Math: Annyeong

    Uploaded by

    Zaldy Emmanuel Mendoza
    The document discusses the concept of simple interest, with Jungwon explaining the simple interest formula to his friend. It provides examples of calculating simple interest and asks Jungwon practice problems to test his understanding. Various cards are included with activities, solutions, assessments and references about simple interest.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Gen Math: Annyeong

    Uploaded by

    Zaldy Emmanuel Mendoza
    26 views16 pages
    The document discusses the concept of simple interest, with Jungwon explaining the simple interest formula to his friend. It provides examples of calculating simple interest and asks Jungwon practice problems to test his understanding. Various cards are included with activities, solutions, assessments and references about simple interest.

    Original Title

    pptx_20240131_193131_0000

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses the concept of simple interest, with Jungwon explaining the simple interest formula to his friend. It provides examples of calculating simple interest and asks Jungwon practice problems to test his understanding. Various cards are included with activities, solutions, assessments and references about simple interest.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    26 views16 pages

    Gen Math: Annyeong

    Uploaded by

    Zaldy Emmanuel Mendoza
    The document discusses the concept of simple interest, with Jungwon explaining the simple interest formula to his friend. It provides examples of calculating simple interest and asks Jungwon practice problems to test his understanding. Various cards are included with activities, solutions, assessments and references about simple interest.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    You are on page 1of 16

    GEN MATH

    Criszel Limuco

    Annyeong
    Jungwon-ahh! Your teacher told me that you don't
    know Simple Interest. Is that true?!

    Aniyoo, i know what Simple Interest is. I will


    explain it so that you'll believe me
    Simple
    Interest
    Simple interest is an interest charge that
    borrowers pay lenders for a loan. It is calculated
    using the principal only and does not include
    compounding interest. Simple interest relates not
    just to certain loans. It's also the type of interest
    that banks pay customers on their savings
    accounts.
    Is that all?! Tell us more about it!

    Simple Interest is calculated using the following formula: SI = P ×


    R × T, where P = Principal, R = Rate of Interest, and T = Time
    period. Here, the rate is given in percentage (r%) is written as
    r/100. And the principal is the sum of money that remains constant
    for every year in the case of simple interest.
    2 FORMULA FOR
    SIMPLE INTEREST
    The formula for simple interest is SI = P × R × T / 100, where
    SI = simple interest, P = principal amount, R = the interest rate
    per annum, and T = the time in years. To calculate the simple
    interest (SI), multiply the principal amount by the interest rate
    and the time in years, and then divide it by 100.
    Let's talk about the formula
    Let's give Jungwon an activity for us to
    know if he really knows the simple
    interest

    Go on! I am sure that I can answer that

    Find the present value of ₱2,000 which is due at


    the end of 90 days at 5% simple discount.
    These are the givens:

    F = ₱2,000

    t = 1/4

    d = .05
    ACTIVITY
    CARD

    1. Jungwon makes a repayment


    of Rs 9000 on the Rs 700 he borrowed over a two-year
    period.
    Find the interest rate.
    SOLUTION AND ANSWER

    1. Jungwon makes a repayment of Rs 9000 on


    the Rs 7000 he borrowed over a two-year
    period. Find the interest rate.
    ASSESSMENT CARD
    1.Ryan deposite d $2,000 in a saving accout at the
    interest rate of 4% per year. How much simple
    interest will be earn in 5 years?

    A. $800 B. $ 1,000 C. $450 D. $400


    2. Garcia borrowed $4,000 from his cousin Susan at the rate of
    8% per annum. He repaid the amount after two years. How much
    did he repay?
    A. $640 B. $6,640 C. $4,640 D. $3, 360
    3. Tracy put $3, 500 into an investment yielding 4.5% annual interest. She left the money
    in for 8 years. How much interest does she get in those 8 years?

    A. $1, 260 B. $4,760 C. $ 2, 240 D. $1, 860


    ENRICHMENT CARD
    1. A man invested of his capital at 7% at 8% and remainder at 10%. If his
    annual income in Rs. 561, the capital is:

    A. Rs. 5400 B. Rs. 6000 C. Rs. 6600 D. Rs.7200

    2. A sum put a simple interest at a certain rate for 2 years. Had it been put at 1%
    higher rate. It would have fetched Rs. 24 more. The sum is:

    A. Rs.600 B. Rs1200 C. Rs.800 D. Rs.480

    3. A sum of Rs. 2600 is lent out in two parts in such a way that the interest on one part
    at 10% for 5 years is equal to that on another part at 9% for 6 years. The sum lent out
    at 10% is:
    A. Rs. 1150 B. Rs.1250 C. Rs. 1350 D. Rs.1450
    REFERENCE
    CARD
    https://www.henry.k12.ga.us/cms/lib
    08/GA01000549/Centricity/Domain
    /849/Simple%20Interest.pdf

    https://
    images.app.goo.gl/
    QHpTArZj5c4UWgLMA
    LET'S
    CHECK
    YOUR
    ANSWERS
    ARE
    YOU
    READY?
    ANSWER KEY
    CARD
    ASSESSMENT
    1. D 2. C 3. A

    ENRICHMENT
    1. C 2. B 3. C

    You might also like