Interest - Mini Survey

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Department of Education

Region IX, Zamboanga Peninsula


Division of Zamboanga City
Tolosa National High School
Tolosa, Zamboanga City

General Mathematics

Name: __________________________________ Score: ______________


Grade & Section: ___________________ Date: ______________
Performance Task: Mini- Survey

Task:

With the help of your parents, relatives or neighbors who engaged in money lending, investing or
saving in a bank or cooperatives, you are going to conduct a survey to at least 5 investors/borrowers
and gather the following data (stated below) and compare which bank/cooperative has a good
offer when it comes to saving and lending. In a short bond paper, tabulate your data and interpret
the result of your survey.
a. name of the bank/cooperative
b. amount of money borrowed/saved,
c. the interest rates offered in a bank/cooperatives
d. maturity date given
e. compute the maturity value and the interest amount at the end of the period.

Format: (Rewrite on 1 long bond paper)

Name of the Amount of money The interest rates Maturity date Computation of
bank/cooperative borrowed/saved, offered in a given the maturity value
bank/cooperatives and the interest
amount at the
end of the period.

Guide Questions:

1. If you were to borrow money from a bank or cooperative, which of the following
bank/cooperative you have listed will you choose? Why?
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________

2. What factors would you consider when choosing bank/cooperative to save your money or borrow
money from?
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________

3. What are the possible danger in engaging in money lending, especially those which are not
sanctioned and monitored by the government? (ex. 5-6 scheme)
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________

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