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Senior High School Math Hub

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$Mathematics Hub$

Mathematics Hub

Senior High School Math Hub

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About
Learning Materials
General Mathematics
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Lesson 26 : Simple and Compound Interests

Slide 1

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Simple and Compound Interests

2. Read the Module

3. Solve the LAS

4. Growth Mindset Focus

“You don’t have to understand everything today — you just have to improve a little more than yesterday.”

5. Take a Quiz

Test you knowledge and apply what you’ve learned through interactive quizzes and practice activities related to module 1.

Simple and Compound Interests

1 / 10

Compound interest is favorable to the following except?

a. investor of a retirement fund

b. person who saves in bank

c. investor of stocks

d. borrower of a loan

2 / 10

Variable P in simple interest formula when you are the creditor stands for?

a. Original Amount borrowed

b. Original Amount invested

c. Maturity Amount Borrowed

d. Maturity Amount invested

3 / 10

The interest from the previous year also earns interest, which of the following
describes the statement?

a. simple

b. compound

c. rate

d. time

4 / 10

The principal in the formula I = Prt is ___________________.

a. the amount of money borrowed or deposited

b. the percent interest for his year

c. the amount taxed

d. the amount the bank owes you for being a customer at their bank

5 / 10

Rate of interest must be converted into ________ before substituting to the
formula of finding the interest.

a. fractions

b. decimals

c. mixed numbers

d. percentage

6 / 10

Which of the following describes rate (r)?

a. It is the amount of money borrowed or invested on the origin date.

b. It is the amount paid or earned for the use of money.

c. It is charged by the lender, or rate of increase of the investment

d. It is computed on the principal and also on the accumulated past interests.

7 / 10

It is the amount after t years that the lender will receive from the borrower.

a. future Value

b. present Value

c. interest

d. principal

8 / 10

All of the following are used to find simple interest, EXCEPT?

a. principal

b. rate of interest

c. time

d. future value

9 / 10

The simple interest formula is I = Prt. What does the t represent?

a. principle

b. time

c. interest

d. percent rate

10 / 10

Which interest is computed on the principal and then added to it?

a. simple

b. compound

c. annuity due

d. ordinary annuity

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Simple and Compound Interests

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LAS - Simple and Compound Interests

1. GENERAL MATHEMATICS_Q2_LAS - ILLUSTRATE SIMPLE AND COMPOUND INTEREST

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