The document presents interest rate information for five countries to calculate interest incurred on a 200,000 principal amount over 1 year, 5 years, 10 years, and 20 years. Singapore has the highest rate at 2.75%, while Lebanon has the lowest at 1%. The document shows the interest calculations using the formula: Amount = Principal * (1 + Interest Rate * Time). For example, interest incurred in Singapore after 1 year is 5,500, which is 200,000 * (1 + 0.0275 * 1). The document provides a table comparing the interest incurred in each country at the different time periods.

1. Midterm Performance Task
in GENERAL MATHEMATICS
11 STEM-4
BUSINESS VENTURES
Prepared By: Jeanie T. Adam

2. Goal: Create a presentation of the standard
interest rate used by five different countries
Role: Accountant in an international company
BUSINESS VENTURES

3. Product: Presentation of the following:
1. Three consistent sample amount of the principal
amount
2. Amount of interest incurred within one year,
five years and ten years
3. Total amount of money after 20 years.
BUSINESS VENTURES

4. The following are interest rate of different countries:
1. Singapore Hong Leong finance interest rate of
2. 75 % or ( 0.0275 )
2. Philippines Lending Interest rate 7.10% or 0.071
3. HongKong Loan Interest rate 1.50% or 0.015
4. Lebanon bank credit card Interest rate 1% or 0.01
5. Panama home loan Interest rate 3% or 0.03
BUSINESS VENTURES

5. BUSINESS VENTURES
Principal
Amounts Incurred within
Time (Years)
1 year 5 years 10 years 20 years
₱200, 000
I= P x R x Y
= ₱ 200,000 X 0.0275 X 1
= ₱ 5,500
I= P x R x Y
= ₱ 200,000 X 0.0275 X 5
= ₱ 27, 500
I= P x R x Y
= ₱ 200,000 X 0.0275 X 10
= ₱ 55, 000
I= P x R x Y
= ₱ 200,000 X 0.0275 X 20
= ₱ 110, 000
SINGAPORE HONG LEONG FINANCE INTEREST RATE
OF 2. 75 % OR ( 0.0275 )

6. BUSINESS VENTURES
Principal
Amounts Incurred within
Time (Years)
1 year 5 years 10 years 20 years
₱200, 000
I= P x R x Y
= ₱ 200,000 X 0.071 X 1
= ₱ 14,200
I= P x R x Y
= ₱ 200,000 X 0.071 X 5
= ₱ 71,000
I= P x R x Y
= ₱ 200,000 X 0.071 X 10
= ₱ 142,000
I= P x R x Y
= ₱ 200,000 X 0.015 X 20
= ₱ 60,000
PHILIPPINES LENDING INTEREST RATE 7.10% OR 0.071

7. BUSINESS VENTURES
Principal
Amounts Incurred within
Time (Years)
1 year 5 years 10 years 20 years
₱200, 000
I= P x R x Y
= ₱ 200,000 X 0.015 X 1
= ₱ 3,000
I= P x R x Y
= ₱ 200,000 X 0.015 X 5
= ₱ 15,000
I= P x R x Y
= ₱ 200,000 X 0.015 X 10
= ₱ 30,000
I= P x R x Y
= ₱ 200,000 X 0.015 X 20
= ₱ 60,000
HONGKONG LOAN INTEREST RATE 1.50% OR 0.015

8. BUSINESS VENTURES
Principal
Amounts Incurred within
Time (Years)
1 year 5 years 10 years 20 years
₱200, 000
I= P x R x Y
= ₱ 200,000 X 0.01 X 1
= ₱ 2,000
I= P x R x Y
= ₱ 200,000 X 0.01 X 5
= ₱ 10,000
I= P x R x Y
= ₱ 200,000 X 0.01 X 10
= ₱ 20,000
I= P x R x Y
= ₱ 200,000 X 0.01 X 20
= ₱ 40,000
LEBANON BANK CREDIT CARD INTEREST RATE 1% OR
0.01

9. BUSINESS VENTURES
Principal
Amounts Incurred within
Time (Years)
1 year 5 years 10 years 20 years
₱200, 000
I= P x R x Y
= ₱ 200,000 X 0.03 X 1
= ₱ 6,000
I= P x R x Y
= ₱ 200,000 X 0.03 X 5
= ₱ 30,000
I= P x R x Y
= ₱ 200,000 X 0.03 X 10
= ₱ 60,000
I= P x R x Y
= ₱ 200,000 X 0.03 X 20
= ₱ 120,000
PANAMA HOME LOAN INTEREST RATE 3% OR 0.03

10. 200, 000 Principal Amount
Time Singapore
2.75%
Philippines
7.10%
Hongkong
1.5%
Lebanon Panama 3%
1 year ₱ 5,500 ₱ 14,200 ₱ 3,000 ₱ 2,000 ₱ 6,000
5 years ₱ 27, 500 ₱ 71,000 ₱ 15,000 ₱ 10,000 ₱ 30,000
10 years ₱ 55, 000 ₱ 142,000 ₱ 30,000 ₱ 20,000 ₱ 60,000
Summary
PIECEWISE FUNCTION

11. Total Incurred interest in 1 year
200, 000 (1+ 0.0275 (1) )- 200,000 = 5, 500 x = 2.75%
200, 000 (1+ 0.071 (1)) – 200, 000 = 14, 200 x = 7.10%
200, 000 (1+ 0.015 (1))- 200, 000 = 3, 000 x = 1.5%
200, 000 (1+ 0.01 (1)) – 200, 000 = 2,000 x = 1%
200, 000 (1+ 0.03 (1))- 200, 000 = 6, 000 x = 3%
A = P (1 + R (T))
PIECEWISE FUNCTION

12. Total Incurred interest in 5 years
200, 000 (1+ 0.0275 (5) )- 200,000 = 27, 500 x = 2.75%
200, 000 (1+ 0.071 (5)) – 200, 000 = 71, 000 x = 7.10%
200, 000 (1+ 0.015 (5))- 200, 000 = 15, 000 x = 1.5%
200, 000 (1+ 0.01 (5)) – 200, 000 = 10,000 x = 1%
200, 000 (1+ 0.03 (5))- 200, 000 = 30, 000 x = 3%
A = P (1 + R (T))
PIECEWISE FUNCTION

13. Total Incurred interest in 5 years
200, 000 (1+ 0.0275 (10) )- 200,000 = 55, 000 x = 2.75%
200, 000 (1+ 0.071 (10)) – 200, 000 = 142, 000 x = 7.10%
200, 000 (1+ 0.015 (10))- 200, 000 = 30, 000 x = 1.5%
200, 000 (1+ 0.01 (10)) – 200, 000 = 20,000 x = 1%
200, 000 (1+ 0.03 (10))- 200, 000 = 60, 000 x = 3%
A = P (1 + R (T))
PIECEWISE FUNCTION

14. 200, 000 (1+ 0.0275 (20)) = 110, 000 x = 2.75%
200, 000 (1+ 0.071 (20)) = 284, 000 x = 7.10%
fx 200, 000 (1+ 0.015 (20)) = 135, 000 x = 1.5%
200, 000 (1+ 0.01 (20)) = 40, 000 x = 1%
200, 000 (1+ 0.03 (20)) = 120, 000 x = 3%
A = P (1 + R (T))
Total Incurred interest in 20 years
PIECEWISE FUNCTION

15. Thank You
God Bless Us All!!!

BUSINESS VENTURES
Submitted to: Ms. Ivonny Villarojo