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The image contains instructions for a **Mathematics Learning Activity Sheet** focused on "Application for Percentages: Simple Interest Rate." The task asks students to design a personal budget that reflects their income based on a given scenario. Here's a breakdown of the task:

### Task Overview:
- **Objective**: Create a budget plan for a day.
- **Scenario**: 
  - Imagine you are given an allowance of ₱150 per week during the first quarter of the school year.
  - Additionally, you earned ₱1300 for helping with chores at home.
  
### GRASP - Personal Budget

1. **Goal**: 
   - Design a personal budget that reflects your income.

2. **Role**: 
   - You are the student receiving the money (₱150 per week allowance + ₱1300 from chores).

3. **Audience**: 
   - The budget is to be presented to "The Bank of _____________" (fill in your name or school name).

4. **Situation**: 
   - You need to create a budget that shows:
     - How much you have earned.
     - How much you plan to save.
     - How much you plan to spend.
   - Itemize what you spend your money on.

5. **Performance or Product**: 
   - The budget should include:
     - Calculations and an itemized list of expenses and savings.
     - A representation of income and expenses as positive and negative integers.
     - A table or pie chart to present this information visually.
   - At the end of the budget, decide if any money will be left over and whether it will go into savings or be fully spent.
   - Complete a personal reflection discussing how you made your budget decisions, including why and where you donated money, what you purchased, and why.

### Steps to Follow:
1. Calculate your total earnings (from allowance and chores).
2. Decide how much you will save, how much to spend, and what expenses are necessary.
3. Itemize all expenses (e.g., food, entertainment, school supplies).
4. Present your budget in a clear table or chart showing how your income is distributed.
5. Write a reflection on your budgeting decisions.

Would you like details or have any questions about this activity? Here are five relative questions for further understanding:

1. How would you calculate your total earnings based on the allowance and chore money?
2. What factors would influence how much you decide to save versus spend?
3. What categories of expenses should be prioritized in a daily budget plan?
4. How would you visually present your budget in a pie chart or table?
5. How can understanding percentages and simple interest help in managing a budget?

**Tip**: Always aim to save a portion of your earnings for future needs or emergencies to build healthy financial habits.

Create a personal budget that reflects your income, including an allowance and chore money. Calculate how much you earn, save, and spend, and present the information in a budget plan.

Learn how to design a personal budget based on an allowance and chore money, using percentages to calculate savings and spending. This activity helps students in Grades 5-7 manage their finances and understand the application of simple interest.

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