Exemplo

Distribuio dos dados de entrada - Exemplo da apostila

INVESTIMENTO
RECEITA VALOR RESIDUAL VIDA
Valor Dist. acum. Valor Dist. acum.Valor Dist. acum.
Anos Dist. acum.
65000
12
12000
5
4000
30
9
35
70000
47
13000
20
5000
70
10
80
75000
72
14000
70
6000
100
11
100
80000
87
15000
90
85000
100
16000
100

N
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

SIMULAO
INVESTIMENTO
RECEITA VALOR RESIDUAL
VIDA
N. aleat.
Valor
N. aleat. Valor N. aleat. Valor N. aleat Anos
24
70000
0 12000
7 4000
52
10
39
70000
11 13000
92 6000
59
10
15
70000
81 15000
18 4000
35
9
83
80000
19 13000
38 5000
72
10
55
75000
62 14000
50 5000
52
10
97
85000
94 16000
74 6000
98
11
52
75000
32 14000
14 4000
26
9
98
85000
80 15000
58 5000
49
10
93
85000
34 14000
58 5000
74
10
7
65000
74 15000
24 4000
14
9
37
70000
5 12000
3 4000
33
9
99
85000
75 15000
99 6000
35
10
64
75000
55 14000
39 5000
46
10
1
65000
48 14000
42 5000
67
10
50
75000
76 15000
26 4000
57
10
35
70000
4 12000
69 5000
78
10
30
70000
98 16000
34 5000
11
9
52
75000
52 14000
33 5000
66
10
24
70000
14 13000
89 6000
43
10
30
70000
91 16000
59 5000
84
11
72
75000
92 16000
12 4000
29
9
18
70000
91 16000
16 4000
92
11
2
65000
53 14000
34 5000
1
9
13
70000
41 14000
95 6000
1
9
31
70000
8 13000
82 6000
10
9
83
80000
89 15000
91 6000
86
11
33
70000
74 15000
78 6000
48
10
32
70000
90 15000
70 6000
69
10
95
85000
87 15000
63 5000
41
10
29
70000
27 14000
16 4000
64
10
62
75000
83 15000
65 5000
15
9
28
70000
52 14000
68 5000
26
9
16
70000
33 14000
93 6000
8
9

Pgina 1

TMA

Exemplo

34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78

5
29
42
21
77
21
24
63
42
35
39
53
6
19
41
34
20
82
57
5
9
42
64
9
11
15
76
37
13
38
27
75
89
58
61
92
86
89
34
68
10
0
70
31
57

65000
70000
70000
70000
80000
70000
70000
75000
70000
70000
70000
75000
65000
70000
70000
70000
70000
80000
75000
65000
65000
70000
75000
65000
65000
70000
80000
70000
70000
70000
70000
80000
85000
75000
75000
85000
80000
85000
70000
75000
65000
65000
75000
70000
75000

56
73
55
19
2
46
73
24
49
38
27
90
83
32
60
65
8
93
15
85
90
77
33
77
70
6
59
98
90
38
63
10
55
48
96
69
43
24
42
38
46
56
4
17
82

14000
15000
14000
13000
12000
14000
15000
14000
14000
14000
14000
15000
15000
14000
14000
14000
13000
16000
13000
15000
15000
15000
14000
15000
14000
13000
14000
16000
15000
14000
14000
13000
14000
14000
16000
14000
14000
14000
14000
14000
14000
14000
12000
13000
15000

Pgina 2

89
83
4
22
18
70
96
7
84
45
69
39
20
11
68
15
69
44
53
46
65
76
12
43
67
58
93
43
4
14
37
13
0
85
11
60
53
32
37
80
17
65
34
98
48

6000
6000
4000
4000
4000
5000
6000
4000
6000
5000
5000
5000
4000
4000
5000
4000
5000
5000
5000
5000
5000
6000
4000
5000
5000
5000
6000
5000
4000
4000
5000
4000
4000
6000
4000
5000
5000
5000
5000
6000
4000
5000
5000
6000
5000

73
93
58
64
16
27
73
36
80
64
84
75
29
60
67
11
34
65
0
32
42
64
88
45
36
4
5
57
43
76
3
17
10
98
25
41
63
35
75
74
58
66
24
40
19

10
11
10
10
9
9
10
10
11
10
11
10
9
10
10
9
9
10
9
9
10
10
11
10
10
9
9
10
10
10
9
9
9
11
9
10
10
10
10
10
10
10
9
10
9

Exemplo

79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

61
97
40
62
26
70
97
67
28
91
86
90
43
90
88
12
35
66
23
31
96
67
39
79
26
6
16
75
32
36
25
38
65
77
51
40
76
51
24
15
5
9
25
62
54

75000
85000
70000
75000
70000
75000
85000
75000
70000
85000
80000
85000
70000
85000
85000
70000
70000
75000
70000
70000
85000
75000
70000
80000
70000
65000
70000
80000
70000
70000
70000
70000
75000
80000
75000
70000
80000
75000
70000
70000
65000
65000
70000
75000
75000

81
88
87
88
9
40
70
20
49
79
23
95
55
6
60
100
29
40
36
68
75
86
88
35
38
77
34
53
28
90
46
91
10
68
100
80
12
88
17
3
63
51
32
66
65

15000
15000
15000
15000
13000
14000
14000
13000
14000
15000
14000
16000
14000
13000
14000
16000
14000
14000
14000
14000
15000
15000
15000
14000
14000
15000
14000
14000
14000
15000
14000
16000
13000
14000
16000
15000
13000
15000
13000
12000
14000
14000
14000
14000
14000

Pgina 3

72
2
73
98
82
27
26
33
93
7
84
2
22
88
1
82
23
39
27
62
4
67
38
64
2
97
20
36
60
40
55
13
60
63
3
58
46
45
25
11
70
22
54
42
90

6000
4000
6000
6000
6000
4000
4000
5000
6000
4000
6000
4000
4000
6000
4000
6000
4000
5000
4000
5000
4000
5000
5000
5000
4000
6000
4000
5000
5000
5000
5000
4000
5000
5000
4000
5000
5000
5000
4000
4000
6000
4000
5000
5000
6000

76
38
92
9
0
79
73
71
61
40
5
53
48
74
36
50
74
78
24
90
2
64
18
96
57
65
80
35
66
89
11
63
97
78
66
52
35
18
96
98
61
0
40
1
25

10
10
11
9
9
10
10
10
10
10
9
10
10
10
10
10
10
10
9
11
9
10
9
11
10
10
11
9
10
11
9
10
11
10
10
10
9
9
11
11
10
9
10
9
9

Exemplo

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##
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##
##
##
##
##
##

50
52
20
11
83
85
41
76
32
21
62
51
70
15
87
99
69
54
47
73
1
66
84
9
10
96
78
45
83
17
97
24
69
14
70
55
82
77
2
89
98
70
68
56
98

75000
75000
70000
65000
80000
80000
70000
80000
70000
70000
75000
75000
75000
70000
80000
85000
75000
75000
75000
80000
65000
75000
80000
65000
65000
85000
80000
70000
80000
70000
85000
70000
75000
70000
75000
75000
80000
80000
65000
85000
85000
75000
75000
75000
85000

48
98
6
5
9
44
44
57
29
14
62
19
28
98
58
9
76
26
41
52
77
63
17
24
15
54
47
29
43
33
68
38
47
56
99
31
51
15
65
87
32
40
66
18
47

14000
16000
13000
12000
13000
14000
14000
14000
14000
13000
14000
13000
14000
16000
14000
13000
15000
14000
14000
14000
15000
14000
13000
14000
13000
14000
14000
14000
14000
14000
14000
14000
14000
14000
16000
14000
14000
13000
14000
15000
14000
14000
14000
13000
14000

Pgina 4

90
27
30
27
39
60
48
77
80
60
6
78
15
44
2
24
8
37
57
47
21
93
80
0
95
34
87
89
49
33
70
6
85
4
44
33
49
31
58
8
86
33
79
42
90

6000
4000
4000
4000
5000
5000
5000
6000
6000
5000
4000
6000
4000
5000
4000
4000
4000
5000
5000
5000
4000
6000
6000
4000
6000
5000
6000
6000
5000
5000
6000
4000
6000
4000
5000
5000
5000
5000
5000
4000
6000
5000
6000
5000
6000

90
40
11
76
19
89
20
60
79
98
33
38
2
71
26
79
53
78
7
47
42
14
81
68
30
88
74
32
81
21
49
2
88
8
22
69
64
61
94
20
9
30
20
84
11

11
10
9
10
9
11
9
10
10
11
9
10
9
10
9
10
10
10
9
10
10
9
11
10
9
11
10
9
11
9
10
9
11
9
9
10
10
10
11
9
9
9
9
11
9

Exemplo

##
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6
48
74
92
61
10
93
58
27
88
5
87
11
81
55
79
85
44
94
30
80
23
24
55
44
3
73
3
17
30
27
0
43
72
47
39
65
32
53
9
63
51
76
39
16

65000
75000
80000
85000
75000
65000
85000
75000
70000
85000
65000
85000
65000
80000
75000
80000
80000
70000
85000
70000
80000
70000
70000
75000
70000
65000
80000
65000
70000
70000
70000
65000
70000
80000
75000
70000
75000
70000
75000
65000
75000
75000
80000
70000
70000

82
90
32
25
13
45
25
7
48
78
25
21
52
49
6
12
8
53
29
32
8
85
90
30
47
63
98
73
24
81
42
10
94
1
60
51
90
31
3
42
53
59
47
77
78

15000
15000
14000
14000
13000
14000
14000
13000
14000
15000
14000
14000
14000
14000
13000
13000
13000
14000
14000
14000
13000
15000
16000
14000
14000
14000
16000
15000
14000
15000
14000
13000
16000
12000
14000
14000
15000
14000
12000
14000
14000
14000
14000
15000
15000

Pgina 5

50
89
41
36
14
22
20
64
21
43
59
49
78
83
93
48
84
91
69
29
75
87
53
72
80
74
34
12
15
19
45
100
42
45
66
38
85
92
22
94
3
99
71
71
75

5000
6000
5000
5000
4000
4000
4000
5000
4000
5000
5000
5000
6000
6000
6000
5000
6000
6000
5000
4000
6000
6000
5000
6000
6000
6000
5000
4000
4000
4000
5000
6000
5000
5000
5000
5000
6000
6000
4000
6000
4000
6000
6000
6000
6000

70
64
47
53
83
25
44
91
41
75
5
34
90
64
80
44
84
5
91
40
33
7
46
51
98
39
71
13
2
35
59
69
3
28
46
34
75
57
55
44
92
78
45
47
61

10
10
10
10
11
9
10
11
10
10
9
9
11
10
10
10
11
9
11
10
9
9
10
10
11
10
10
9
9
9
10
10
9
9
10
9
10
10
10
10
11
10
10
10
10

Exemplo

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42
38
1
63
89
91
26
66
31
36
89
39
54
60
51
83
0
48
65
20
94
47
38
52
32
0
8
70
1
39
98
44
17
71
28
88
45
23
72
74
53
90
91
78
99

70000
70000
65000
75000
85000
85000
70000
75000
70000
70000
85000
70000
75000
75000
75000
80000
65000
75000
75000
70000
85000
75000
70000
75000
70000
65000
65000
75000
65000
70000
85000
70000
70000
75000
70000
85000
70000
70000
75000
80000
75000
85000
85000
80000
85000

89
61
62
98
99
18
3
20
89
38
64
39
23
21
97
17
42
74
88
90
32
73
79
88
47
52
14
74
4
62
80
40
24
13
20
69
62
62
98
57
89
74
13
24
4

15000
14000
14000
16000
16000
13000
12000
14000
15000
14000
14000
14000
14000
14000
16000
13000
14000
15000
15000
15000
14000
15000
15000
15000
14000
14000
13000
15000
12000
14000
15000
14000
14000
13000
14000
14000
14000
14000
16000
14000
15000
15000
13000
14000
12000

Pgina 6

2
56
35
11
1
8
4
88
5
74
90
20
65
81
31
42
41
79
72
15
38
37
72
47
28
80
43
6
27
70
69
60
12
24
16
93
53
65
67
3
3
99
23
62
90

4000
5000
5000
4000
4000
4000
4000
6000
4000
6000
6000
4000
5000
6000
5000
5000
5000
6000
6000
4000
5000
5000
6000
5000
4000
6000
5000
4000
4000
6000
5000
5000
4000
4000
4000
6000
5000
5000
5000
4000
4000
6000
4000
5000
6000

53
59
2
70
83
11
68
36
79
41
20
80
84
57
2
42
37
38
23
70
35
87
70
29
49
16
50
88
7
41
20
7
11
62
60
53
61
12
40
77
35
63
98
32
66

10
10
9
10
11
9
10
10
10
10
9
11
11
10
9
10
10
10
9
10
9
11
10
9
10
9
10
11
9
10
9
9
9
10
10
10
10
9
10
10
10
10
11
9
10

Exemplo

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39
19
99
96
56
78
1
54
77
17
78
18
12
24
60
16
18
49
0
52
67
6
15
41
33
2
92
46
35
59
81
85
84
18
50
95
18
57
74
69
13
1
11
14
48

70000
70000
85000
85000
75000
80000
65000
75000
80000
70000
80000
70000
70000
70000
75000
70000
70000
75000
65000
75000
75000
65000
70000
70000
70000
65000
85000
70000
70000
75000
80000
80000
80000
70000
75000
85000
70000
75000
80000
75000
70000
65000
65000
70000
75000

8
12
84
18
71
2
56
63
34
92
29
15
59
91
59
42
54
30
5
78
22
24
78
69
0
46
36
94
73
97
56
68
21
53
35
68
85
45
71
66
36
5
56
17
7

13000
13000
15000
13000
15000
12000
14000
14000
14000
16000
14000
13000
14000
16000
14000
14000
14000
14000
13000
15000
14000
14000
15000
14000
12000
14000
14000
16000
15000
16000
14000
14000
14000
14000
14000
14000
15000
14000
15000
14000
14000
13000
14000
13000
13000

Pgina 7

10
87
25
30
29
10
19
73
62
25
54
98
28
89
68
5
50
13
51
55
81
0
82
54
97
87
38
43
52
53
45
98
74
21
88
30
85
42
63
22
24
68
75
10
6

4000
6000
4000
4000
4000
4000
4000
6000
5000
4000
5000
6000
4000
6000
5000
4000
5000
4000
5000
5000
6000
4000
6000
5000
6000
6000
5000
5000
5000
5000
5000
6000
6000
4000
6000
4000
6000
5000
5000
4000
4000
5000
6000
4000
4000

83
29
96
14
17
72
90
51
29
18
61
66
83
8
37
13
5
63
50
46
98
98
31
87
1
75
91
21
76
7
34
88
20
15
74
77
3
8
97
2
38
26
42
64
61

11
9
11
9
9
10
11
10
9
9
10
10
11
9
10
9
9
10
10
10
11
11
9
11
9
10
11
9
10
9
9
11
9
9
10
10
9
9
11
9
10
9
10
10
10

Exemplo

##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

58
47
26
52
73
9
87
93
92
90
11
95
92
23
37
42
10
73
59
70
35
55
62
32
89
32
22
7
72
14
81
6
1
51
27
45
30
44
92
1
23
78
79
92
11

75000
70000
70000
75000
80000
65000
80000
85000
85000
85000
65000
85000
85000
70000
70000
70000
65000
80000
75000
75000
70000
75000
75000
70000
85000
70000
70000
65000
75000
70000
80000
65000
65000
75000
70000
70000
70000
70000
85000
65000
70000
80000
80000
85000
65000

56
40
31
59
1
75
62
75
30
95
55
44
63
24
53
26
21
51
46
84
17
1
55
20
20
31
98
55
73
64
91
70
10
48
78
57
48
98
33
55
89
79
80
46
90

14000
14000
14000
14000
12000
15000
14000
15000
14000
16000
14000
14000
14000
14000
14000
14000
14000
14000
14000
15000
13000
12000
14000
13000
13000
14000
16000
14000
15000
14000
16000
14000
13000
14000
15000
14000
14000
16000
14000
14000
15000
15000
15000
14000
16000

Pgina 8

95
86
25
72
70
1
83
12
19
11
55
72
58
70
26
63
50
3
72
9
46
41
61
73
90
58
47
72
83
71
81
2
42
14
16
55
68
60
46
58
74
52
60
26
56

6000
6000
4000
6000
5000
4000
6000
4000
4000
4000
5000
6000
5000
5000
4000
5000
5000
4000
6000
4000
5000
5000
5000
6000
6000
5000
5000
6000
6000
6000
6000
4000
5000
4000
4000
5000
5000
5000
5000
5000
6000
5000
5000
4000
5000

80
99
2
51
95
81
34
78
100
31
51
63
21
19
80
77
98
1
25
75
54
91
34
7
60
33
49
42
78
55
97
74
97
9
59
46
78
19
94
18
96
63
95
72
5

10
11
9
10
11
11
9
10
11
9
10
10
9
9
11
10
11
9
9
10
10
11
9
9
10
9
10
10
10
10
11
10
11
9
10
10
10
9
11
9
11
10
11
10
9

Exemplo

##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

88
6
32
35
51
69
27
47
6
77
90
25
50
98
58
7
71
58
40
27
33
15
24
84
94
75
49
61
39
49
10
31
90
6
92
5
35
91
100
54
18
31
38
91
45

85000
65000
70000
70000
75000
75000
70000
70000
65000
80000
85000
70000
75000
85000
75000
65000
75000
75000
70000
70000
70000
70000
70000
80000
85000
80000
75000
75000
70000
75000
65000
70000
85000
65000
85000
65000
70000
85000
85000
75000
70000
70000
70000
85000
70000

21
22
17
20
85
94
74
7
29
68
36
21
30
40
76
69
35
76
81
36
35
15
56
83
45
33
91
39
40
86
57
67
1
2
90
58
16
91
15
17
42
58
90
67
94

14000
14000
13000
14000
15000
16000
15000
13000
14000
14000
14000
14000
14000
14000
15000
14000
14000
15000
15000
14000
14000
13000
14000
15000
14000
14000
16000
14000
14000
15000
14000
14000
12000
12000
16000
14000
13000
16000
13000
13000
14000
14000
15000
14000
16000

Pgina 9

4
18
47
86
57
34
30
22
18
27
91
52
99
1
95
11
55
79
22
11
74
94
7
87
13
7
2
100
3
28
11
65
59
48
99
27
54
98
78
29
34
39
34
13
3

4000
4000
5000
6000
5000
5000
5000
4000
4000
4000
6000
5000
6000
4000
6000
4000
5000
6000
4000
4000
6000
6000
4000
6000
4000
4000
4000
6000
4000
4000
4000
5000
5000
5000
6000
4000
5000
6000
6000
4000
5000
5000
5000
4000
4000

37
35
72
76
42
26
58
77
54
16
78
46
8
49
20
8
74
31
75
35
73
99
53
95
44
5
61
52
30
58
89
40
74
16
99
7
8
53
94
91
85
70
13
64
35

10
10
10
10
10
9
10
10
10
9
10
10
9
10
9
9
10
9
10
10
10
11
10
11
10
9
10
10
9
10
11
10
10
9
11
9
9
10
11
11
11
10
9
10
10

Exemplo

##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

75
99
21
91
66
93
54
18
92
98
91
1
68
43
6
28
38
25
59
30
20
75
81
38
83
97
17
71
8
72
9
98
48
20
14
20
60
81
58
19
13
25
43
81
75

80000
85000
70000
85000
75000
85000
75000
70000
85000
85000
85000
65000
75000
70000
65000
70000
70000
70000
75000
70000
70000
80000
80000
70000
80000
85000
70000
75000
65000
80000
65000
85000
75000
70000
70000
70000
75000
80000
75000
70000
70000
70000
70000
80000
80000

32
21
98
22
91
14
9
43
14
69
3
65
81
13
94
48
90
76
85
86
79
12
40
45
92
11
39
34
54
16
64
15
15
14
64
16
66
12
14
49
92
91
53
1
66

14000
14000
16000
14000
16000
13000
13000
14000
13000
14000
12000
14000
15000
13000
16000
14000
16000
15000
15000
15000
15000
13000
14000
14000
16000
13000
14000
14000
14000
13000
14000
13000
13000
13000
14000
13000
14000
13000
13000
14000
16000
16000
14000
12000
14000

Pgina 10

50
85
78
30
18
92
65
36
76
40
74
25
13
4
56
15
76
3
21
57
60
55
81
96
97
38
89
62
90
94
41
56
14
48
19
77
69
22
47
91
75
59
51
80
83

5000
6000
6000
4000
4000
6000
5000
5000
6000
5000
6000
4000
4000
4000
5000
4000
6000
4000
4000
5000
5000
5000
6000
6000
6000
5000
6000
5000
6000
6000
5000
5000
4000
5000
4000
6000
5000
4000
5000
6000
6000
5000
5000
6000
6000

51
4
62
85
51
81
93
33
25
69
20
75
10
27
92
64
29
35
84
93
27
60
10
4
72
66
100
81
8
86
69
10
43
32
61
2
14
26
32
47
2
43
14
93
70

10
9
10
11
10
11
11
9
9
10
9
10
9
9
11
10
9
10
11
11
9
10
9
9
10
10
11
11
9
11
10
9
10
9
10
9
9
9
9
10
9
10
9
11
10

Exemplo

##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

28
16
26
14
25
44
76
6
66
92
32
20
86
23
16
72
74
44
5
34
57
47
49
16
34
3
99
94
57
79
45
92
82
14
89
12
3
9
3
92
76
80
20
92
80

70000
70000
70000
70000
70000
70000
80000
65000
75000
85000
70000
70000
80000
70000
70000
80000
80000
70000
65000
70000
75000
70000
75000
70000
70000
65000
85000
85000
75000
80000
70000
85000
80000
70000
85000
65000
65000
65000
65000
85000
80000
80000
70000
85000
80000

27
38
50
79
80
81
43
48
98
58
75
29
50
34
63
76
77
69
26
58
26
4
21
59
12
38
22
65
48
65
1
38
58
90
24
17
100
77
27
5
29
80
29
42
62

14000
14000
14000
15000
15000
15000
14000
14000
16000
14000
15000
14000
14000
14000
14000
15000
15000
14000
14000
14000
14000
12000
14000
14000
13000
14000
14000
14000
14000
14000
12000
14000
14000
15000
14000
13000
16000
15000
14000
13000
14000
15000
14000
14000
14000

Pgina 11

95
39
17
71
88
74
20
60
42
44
26
90
3
68
99
1
56
27
84
6
9
91
47
49
60
4
90
93
50
41
82
1
37
39
12
26
90
49
44
8
46
94
4
44
28

6000
5000
4000
6000
6000
6000
4000
5000
5000
5000
4000
6000
4000
5000
6000
4000
5000
4000
6000
4000
4000
6000
5000
5000
5000
4000
6000
6000
5000
5000
6000
4000
5000
5000
4000
4000
6000
5000
5000
4000
5000
6000
4000
5000
4000

39
74
7
79
6
23
32
70
95
57
66
6
38
60
99
20
23
44
17
9
48
55
15
41
37
23
59
92
54
92
11
34
72
60
19
83
95
98
19
14
37
55
93
62
71

10
10
9
10
9
9
9
10
11
10
10
9
10
10
11
9
9
10
9
9
10
10
9
10
10
9
10
11
10
11
9
9
10
10
9
11
11
11
9
9
10
10
11
10
10

Exemplo

##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

85
99
30
48
35
6
2
99
19
56
72
67
66
62
34
83
90
87
98
61
46
48
97
14
40
97
20
30
57
53
25
21
11
20
23
59
45
25
99
83
75
45
67
26
61

80000
85000
70000
75000
70000
65000
65000
85000
70000
75000
75000
75000
75000
75000
70000
80000
85000
85000
85000
75000
70000
75000
85000
70000
70000
85000
70000
70000
75000
75000
70000
70000
65000
70000
70000
75000
70000
70000
85000
80000
80000
70000
75000
70000
75000

83
89
11
28
3
47
57
16
23
100
54
6
6
23
22
70
95
63
1
80
83
53
32
5
93
87
34
86
69
76
95
52
83
36
31
22
43
62
15
21
88
49
4
65
52

15000
15000
13000
14000
12000
14000
14000
13000
14000
16000
14000
13000
13000
14000
14000
15000
16000
14000
12000
15000
15000
14000
14000
13000
16000
15000
14000
15000
14000
15000
16000
14000
15000
14000
14000
14000
14000
14000
13000
14000
15000
14000
12000
14000
14000

Pgina 12

72
28
96
38
35
21
44
44
76
13
96
33
6
13
49
8
56
49
62
1
47
60
90
59
6
51
35
42
69
73
56
43
29
58
40
17
36
67
34
29
94
68
44
51
3

6000
4000
6000
5000
5000
4000
5000
5000
6000
4000
6000
5000
4000
4000
5000
4000
5000
5000
5000
4000
5000
5000
6000
5000
4000
5000
5000
5000
5000
6000
5000
5000
4000
5000
5000
4000
5000
5000
5000
4000
6000
5000
5000
5000
4000

40
34
30
62
55
82
93
34
8
46
96
92
34
95
97
38
59
90
56
89
95
56
2
49
15
58
27
10
1
7
19
67
79
79
62
54
38
79
5
17
52
90
53
37
58

10
9
9
10
10
11
11
9
9
10
11
11
9
11
11
10
10
11
10
11
11
10
9
10
9
10
9
9
9
9
9
10
10
10
10
10
10
10
9
9
10
11
10
10
10

Exemplo

##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

31
27
34
61
11
86
30
62
5
28
76
46
89
9
82
38
42
81
35
54
81
81
90
75
40
96
4
19
74
3
57
8
49
84
9
23
70
57
91
21
29
75
61
14
62

70000
70000
70000
75000
65000
80000
70000
75000
65000
70000
80000
70000
85000
65000
80000
70000
70000
80000
70000
75000
80000
80000
85000
80000
70000
85000
65000
70000
80000
65000
75000
65000
75000
80000
65000
70000
75000
75000
85000
70000
70000
80000
75000
70000
75000

9
73
17
28
13
59
0
66
6
37
92
11
50
29
53
17
11
37
72
39
5
65
67
15
66
46
83
71
92
30
33
12
43
37
76
55
51
43
60
24
46
49
20
17
50

13000
15000
13000
14000
13000
14000
12000
14000
13000
14000
16000
13000
14000
14000
14000
13000
13000
14000
15000
14000
13000
14000
14000
13000
14000
14000
15000
15000
16000
14000
14000
13000
14000
14000
15000
14000
14000
14000
14000
14000
14000
14000
14000
13000
14000

Pgina 13

19
10
67
76
18
83
13
55
18
5
59
57
52
67
61
4
70
88
28
78
78
15
90
2
77
74
14
23
89
67
56
60
38
58
27
12
41
14
32
93
87
13
19
71
41

4000
4000
5000
6000
4000
6000
4000
5000
4000
4000
5000
5000
5000
5000
5000
4000
5000
6000
4000
6000
6000
4000
6000
4000
6000
6000
4000
4000
6000
5000
5000
5000
5000
5000
4000
4000
5000
4000
5000
6000
6000
4000
4000
6000
5000

56
8
93
89
0
7
67
75
95
93
6
36
62
67
31
82
52
84
14
28
42
77
36
9
35
91
67
54
58
2
57
34
76
68
77
94
28
16
47
58
20
70
22
24
44

10
9
11
11
9
9
10
10
11
11
9
10
10
10
9
11
10
11
9
9
10
10
10
9
9
11
10
10
10
9
10
9
10
10
10
11
9
9
10
10
9
10
9
9
10

Exemplo

##
##
##
##
##
##
##
##
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##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

68
9
96
4
22
98
95
31
19
52
17
21
79
82
23
34
66
96
3
28
42
39
67
31
48
4
15
89
16
49
77
45
66
96
70
19
21
64
60
26
5
38
100
63
88

75000
65000
85000
65000
70000
85000
85000
70000
70000
75000
70000
70000
80000
80000
70000
70000
75000
85000
65000
70000
70000
70000
75000
70000
75000
65000
70000
85000
70000
75000
80000
70000
75000
85000
75000
70000
70000
75000
75000
70000
65000
70000
85000
75000
85000

7
51
71
1
70
66
33
80
30
50
92
51
29
70
12
79
18
3
52
34
16
12
12
42
31
48
11
85
99
34
67
68
89
40
89
10
79
66
9
41
60
4
56
69
66

13000
14000
15000
12000
14000
14000
14000
15000
14000
14000
16000
14000
14000
14000
13000
15000
13000
12000
14000
14000
13000
13000
13000
14000
14000
14000
13000
15000
16000
14000
14000
14000
15000
14000
15000
13000
15000
14000
13000
14000
14000
12000
14000
14000
14000

Pgina 14

89
65
27
6
32
62
25
75
89
72
10
71
74
47
59
3
17
80
74
72
4
49
42
47
64
19
56
42
15
78
83
31
59
26
63
21
0
86
26
66
94
84
64
64
74

6000
5000
4000
4000
5000
5000
4000
6000
6000
6000
4000
6000
6000
5000
5000
4000
4000
6000
6000
6000
4000
5000
5000
5000
5000
4000
5000
5000
4000
6000
6000
5000
5000
4000
5000
4000
4000
6000
4000
5000
6000
6000
5000
5000
6000

42
85
71
79
96
83
99
0
69
94
99
8
42
69
58
11
40
20
56
58
75
66
79
14
18
54
41
34
74
4
91
71
41
71
62
87
32
33
30
64
68
73
19
55
67

10
11
10
10
11
11
11
9
10
11
11
9
10
10
10
9
10
9
10
10
10
10
10
9
9
10
10
9
10
9
11
10
10
10
10
11
9
9
9
10
10
10
9
10
10

Exemplo

##
##
##
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##
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##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

35
78
16
58
93
82
99
9
67
55
60
73
42
82
30
12
6
12
10
43
94
23
60
18
39
18
63
68
81
71
80
82
19
2
68
68
99
75
94
44
95
40
95
51
11

70000
80000
70000
75000
85000
80000
85000
65000
75000
75000
75000
80000
70000
80000
70000
70000
65000
70000
65000
70000
85000
70000
75000
70000
70000
70000
75000
75000
80000
75000
80000
80000
70000
65000
75000
75000
85000
80000
85000
70000
85000
70000
85000
75000
65000

79
55
62
27
48
54
77
12
30
59
67
3
71
45
31
11
7
6
0
37
4
54
69
87
31
53
24
82
36
62
32
51
13
24
98
79
60
37
11
8
73
26
10
92
74

15000
14000
14000
14000
14000
14000
15000
13000
14000
14000
14000
12000
15000
14000
14000
13000
13000
13000
12000
14000
12000
14000
14000
15000
14000
14000
14000
15000
14000
14000
14000
14000
13000
14000
16000
15000
14000
14000
13000
13000
15000
14000
13000
16000
15000

Pgina 15

79
68
97
19
79
19
24
19
75
3
52
89
25
44
38
58
83
32
20
19
5
69
8
17
36
16
69
93
50
82
43
3
31
8
10
92
77
91
53
26
13
20
47
27
44

6000
5000
6000
4000
6000
4000
4000
4000
6000
4000
5000
6000
4000
5000
5000
5000
6000
5000
4000
4000
4000
5000
4000
4000
5000
4000
5000
6000
5000
6000
5000
4000
5000
4000
4000
6000
6000
6000
5000
4000
4000
4000
5000
4000
5000

7
10
70
48
71
10
44
96
27
28
90
51
70
30
88
46
79
60
1
8
62
85
1
81
48
48
10
67
1
56
100
5
43
89
22
68
30
35
51
81
45
49
53
14
7

9
9
10
10
10
9
10
11
9
9
11
10
10
9
11
10
10
10
9
9
10
11
9
11
10
10
9
10
9
10
11
9
10
11
9
10
9
9
10
11
10
10
10
9
9

Exemplo

##
##
##
##
##
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##
##
##
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##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

36
37
88
66
53
78
100
28
28
15
44
31
65
64
60
82
30
88
15
17
15
6
100
64
28
90
13
97
26
93
21
83
6
92
80
93
78
82
90
26
66
1
45
45
41

70000
70000
85000
75000
75000
80000
85000
70000
70000
70000
70000
70000
75000
75000
75000
80000
70000
85000
70000
70000
70000
65000
85000
75000
70000
85000
70000
85000
70000
85000
70000
80000
65000
85000
80000
85000
80000
80000
85000
70000
75000
65000
70000
70000
70000

91
45
70
33
35
86
18
27
27
50
96
87
57
23
40
57
25
79
30
48
62
0
38
69
99
23
97
12
62
58
0
77
8
99
1
86
75
87
42
96
40
22
16
56
36

16000
14000
14000
14000
14000
15000
13000
14000
14000
14000
16000
15000
14000
14000
14000
14000
14000
15000
14000
14000
14000
12000
14000
14000
16000
14000
16000
13000
14000
14000
12000
15000
13000
16000
12000
15000
15000
15000
14000
16000
14000
14000
13000
14000
14000

Pgina 16

96
35
45
91
60
48
74
44
53
49
49
53
59
1
81
47
4
86
43
30
29
5
54
1
11
87
71
41
12
90
81
39
80
12
29
82
16
94
79
86
84
38
39
83
10

6000
5000
5000
6000
5000
5000
6000
5000
5000
5000
5000
5000
5000
4000
6000
5000
4000
6000
5000
5000
4000
4000
5000
4000
4000
6000
6000
5000
4000
6000
6000
5000
6000
4000
4000
6000
4000
6000
6000
6000
6000
5000
5000
6000
4000

43
15
63
60
49
3
8
44
61
24
63
4
60
81
76
36
79
33
6
30
10
94
80
57
63
85
26
71
67
80
86
64
40
38
78
53
73
88
83
66
88
31
52
40
77

10
9
10
10
10
9
9
10
10
9
10
9
10
11
10
10
10
9
9
9
9
11
10
10
10
11
9
10
10
11
11
10
10
10
10
10
10
11
11
10
11
9
10
10
10

Exemplo

##
##
##
##
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##
##
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##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

1
86
48
51
42
7
14
27
63
85
94
1
18
62
88
85
7
77
11
20
67
27
7
43
85
80
51
52
5
71
43
16
50
16
35
29
36
88
41
48
11
92
30
52
27

65000
80000
75000
75000
70000
65000
70000
70000
75000
80000
85000
65000
70000
75000
85000
80000
65000
80000
65000
70000
75000
70000
65000
70000
80000
80000
75000
75000
65000
75000
70000
70000
75000
70000
70000
70000
70000
85000
70000
75000
65000
85000
70000
75000
70000

24
48
76
64
98
65
50
71
9
6
59
81
52
57
84
41
42
29
49
20
37
54
32
75
79
33
53
23
93
85
21
41
79
46
27
34
56
26
0
81
29
53
99
58
100

14000
14000
15000
14000
16000
14000
14000
15000
13000
13000
14000
15000
14000
14000
15000
14000
14000
14000
14000
13000
14000
14000
14000
15000
15000
14000
14000
14000
16000
15000
14000
14000
15000
14000
14000
14000
14000
14000
12000
15000
14000
14000
16000
14000
16000

17
34
80
19
70
25
89
44
25
41
76
32
24
5
51
60
90
4
91
100
86
5
59
30
66
75
16
62
34
37
4
91
68
6
68
17
2
30
40
19
10
28
31
50
86

Pgina 17

4000
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6000
4000
6000
4000
6000
5000
4000
5000
6000
5000
4000
4000
5000
5000
6000
4000
6000
6000
6000
4000
5000
5000
5000
6000
4000
5000
5000
5000
4000
6000
5000
4000
5000
4000
4000
5000
5000
4000
4000
4000
5000
5000
6000

63
44
40
63
76
67
66
59
23
41
73
8
53
59
43
72
62
23
3
19
40
72
78
19
51
47
48
73
94
40
46
97
5
31
49
52
20
73
11
95
50
72
72
85
15

10
10
10
10
10
10
10
10
9
10
10
9
10
10
10
10
10
9
9
9
10
10
10
9
10
10
10
10
11
10
10
11
9
9
10
10
9
10
9
11
10
10
10
11
9

Exemplo

##
##
##
##
##
##
##
##
##
##
##
##
##
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##
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##
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##
##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

2
89
78
89
44
68
18
21
90
72
6
54
5
49
69
60
35
45
73
11
63
10
90
26
8
74
19
48
84
74
79
52
59
62
17
51
38
89
9
51
73
72
12
81
98

65000
85000
80000
85000
70000
75000
70000
70000
85000
80000
65000
75000
65000
75000
75000
75000
70000
70000
80000
65000
75000
65000
85000
70000
65000
80000
70000
75000
80000
80000
80000
75000
75000
75000
70000
75000
70000
85000
65000
75000
80000
80000
65000
80000
85000

73
50
9
1
90
34
74
52
96
24
81
97
46
80
19
74
43
59
76
31
48
89
22
56
79
42
38
11
58
69
78
95
24
34
88
65
19
71
7
36
3
13
76
67
77

15000
14000
13000
12000
16000
14000
15000
14000
16000
14000
15000
16000
14000
15000
13000
15000
14000
14000
15000
14000
14000
15000
14000
14000
15000
14000
14000
13000
14000
14000
15000
16000
14000
14000
15000
14000
13000
15000
13000
14000
12000
13000
15000
14000
15000

Pgina 18

16
37
19
2
70
95
95
74
33
58
54
0
88
92
40
44
59
88
10
9
75
57
62
62
4
67
28
60
0
77
84
25
42
67
55
55
35
20
84
53
36
52
56
64
91

4000
5000
4000
4000
6000
6000
6000
6000
5000
5000
5000
4000
6000
6000
5000
5000
5000
6000
4000
4000
6000
5000
5000
5000
4000
5000
4000
5000
4000
6000
6000
4000
5000
5000
5000
5000
5000
4000
6000
5000
5000
5000
5000
5000
6000

64
49
4
10
100
26
73
84
78
83
56
95
94
61
94
17
36
22
5
55
35
76
49
99
39
65
69
76
64
78
59
87
26
95
22
79
36
5
12
3
79
60
42
67
3

10
10
9
9
11
9
10
11
10
11
10
11
11
10
11
9
10
9
9
10
10
10
10
11
10
10
10
10
10
10
10
11
9
11
9
10
10
9
9
9
10
10
10
10
9

Exemplo

##
##
##
##
##
##
##
##
##
##
##
##
##
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##
##
##
##
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##
##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

64
93
12
30
8
9
93
12
5
5
47
66
78
37
8
39
32
29
51
27
72
64
78
19
44
81
4
12
23
15
68
9
52
62
50
31
61
60
44
53
30
63
83
75
29

75000
85000
70000
70000
65000
65000
85000
65000
65000
65000
70000
75000
80000
70000
65000
70000
70000
70000
75000
70000
80000
75000
80000
70000
70000
80000
65000
70000
70000
70000
75000
65000
75000
75000
75000
70000
75000
75000
70000
75000
70000
75000
80000
80000
70000

67
70
61
80
37
39
97
96
35
93
12
91
97
93
50
7
63
89
62
73
98
50
35
54
51
53
76
62
52
8
78
7
56
5
91
55
88
94
51
1
4
32
65
35
27

14000
15000
14000
15000
14000
14000
16000
16000
14000
16000
13000
16000
16000
16000
14000
13000
14000
15000
14000
15000
16000
14000
14000
14000
14000
14000
15000
14000
14000
13000
15000
13000
14000
12000
16000
14000
15000
16000
14000
12000
12000
14000
14000
14000
14000

15
2
48
34
21
73
0
39
60
49
73
31
84
62
4
67
73
60
99
98
99
86
32
11
43
2
14
83
58
42
100
7
29
60
51
1
48
60
35
31
81
78
19
87
52

Pgina 19

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4000
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4000
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4000
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5000
5000
6000
5000
6000
5000
4000
5000
6000
5000
6000
6000
6000
6000
5000
4000
5000
4000
4000
6000
5000
5000
6000
4000
4000
5000
5000
4000
5000
5000
5000
5000
6000
6000
4000
6000
5000

69
66
33
22
16
5
76
85
80
75
5
47
95
27
48
75
5
45
63
78
34
25
74
72
6
9
60
53
34
30
15
24
4
88
63
79
89
78
39
27
44
27
77
70
11

10
10
9
9
9
9
10
11
11
10
9
10
11
9
10
10
9
10
10
10
9
9
10
10
9
9
10
10
9
9
9
9
9
11
10
10
11
10
10
9
10
9
10
10
9

Exemplo

##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

46
90
89
23
83
16
68
65
66
93
10
25
76
95
6
77
29
67
72
76
93
51
56
67
58
30
36
26
34
27
77
9
48
74
65
29
16
78
3
29
36
38
92
66
69

70000
85000
85000
70000
80000
70000
75000
75000
75000
85000
65000
70000
80000
85000
65000
80000
70000
75000
75000
80000
85000
75000
75000
75000
75000
70000
70000
70000
70000
70000
80000
65000
75000
80000
75000
70000
70000
80000
65000
70000
70000
70000
85000
75000
75000

90
90
25
10
100
80
34
34
35
49
65
34
55
90
49
64
87
24
29
45
64
23
67
92
95
96
17
46
22
59
11
12
42
58
60
44
31
14
77
90
10
30
43
13
11

15000
15000
14000
13000
16000
15000
14000
14000
14000
14000
14000
14000
14000
16000
14000
14000
15000
14000
14000
14000
14000
14000
14000
16000
16000
16000
13000
14000
14000
14000
13000
13000
14000
14000
14000
14000
14000
13000
15000
16000
13000
14000
14000
13000
13000

Pgina 20

2
55
47
20
52
53
29
97
27
65
33
15
13
30
16
55
21
63
25
86
96
47
98
75
73
47
57
41
36
82
54
53
78
23
77
18
36
13
21
88
89
83
4
5
41

4000
5000
5000
4000
5000
5000
4000
6000
4000
5000
5000
4000
4000
5000
4000
5000
4000
5000
4000
6000
6000
5000
6000
6000
6000
5000
5000
5000
5000
6000
5000
5000
6000
4000
6000
4000
5000
4000
4000
6000
6000
6000
4000
4000
5000

78
46
25
30
13
34
20
55
54
44
76
24
28
67
85
84
90
20
6
72
2
14
83
80
13
52
88
94
39
92
66
37
26
79
0
69
35
17
42
95
5
16
32
14
64

10
10
9
9
9
9
9
10
10
10
10
9
9
10
11
11
11
9
9
10
9
9
11
11
9
10
11
11
10
11
10
10
9
10
9
10
9
9
10
11
9
9
9
9
10

Exemplo

##
##
##
##
##
##
##
##
##
##
##
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##
##
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##
##
##
##
##
##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

5
23
94
5
93
65
40
96
74
25
3
18
70
64
40
82
81
55
22
23
92
44
31
37
39
66
66
43
50
89
61
4
18
76
68
68
57
81
53
85
28
10
35
11
63

65000
70000
85000
65000
85000
75000
70000
85000
80000
70000
65000
70000
75000
75000
70000
80000
80000
75000
70000
70000
85000
70000
70000
70000
70000
75000
75000
70000
75000
85000
75000
65000
70000
80000
75000
75000
75000
80000
75000
80000
70000
65000
70000
65000
75000

14
65
42
39
67
61
47
26
46
90
39
85
59
16
79
65
54
75
72
97
67
100
92
28
38
82
68
68
14
7
7
92
61
28
66
20
19
64
39
88
76
64
9
85
21

13000
14000
14000
14000
14000
14000
14000
14000
14000
16000
14000
15000
14000
13000
15000
14000
14000
15000
15000
16000
14000
16000
16000
14000
14000
15000
14000
14000
13000
13000
13000
16000
14000
14000
14000
13000
13000
14000
14000
15000
15000
14000
13000
15000
14000

99
85
95
31
7
15
9
52
97
49
31
44
67
98
55
44
15
72
78
84
4
91
47
46
51
70
86
49
47
80
46
58
63
47
23
21
9
71
100
10
53
72
2
8
51

Pgina 21

6000
6000
6000
5000
4000
4000
4000
5000
6000
5000
5000
5000
5000
6000
5000
5000
4000
6000
6000
6000
4000
6000
5000
5000
5000
5000
6000
5000
5000
6000
5000
5000
5000
5000
4000
4000
4000
6000
6000
4000
5000
6000
4000
4000
5000

90
80
36
77
54
48
53
12
70
80
58
59
15
74
94
67
79
3
15
93
39
71
24
31
57
72
7
56
24
13
27
43
73
66
16
31
69
30
92
71
23
58
34
29
46

11
11
10
10
10
10
10
9
10
11
10
10
9
10
11
10
10
9
9
11
10
10
9
9
10
10
9
10
9
9
9
10
10
10
9
9
10
9
11
10
9
10
9
9
10

Exemplo

##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

38
74
14
52
26
85
47
28
25
93
86
45
88
41
94
7
68
14
57
49
43
94
97
63
3
59
67
34
28
44
25
22
46
50
82
79
95
82
2
86
32
75
8
88
73

70000
80000
70000
75000
70000
80000
75000
70000
70000
85000
80000
70000
85000
70000
85000
65000
75000
70000
75000
75000
70000
85000
85000
75000
65000
75000
75000
70000
70000
70000
70000
70000
70000
75000
80000
80000
85000
80000
65000
80000
70000
80000
65000
85000
80000

27
40
93
77
93
2
29
10
4
67
23
87
91
76
0
56
74
86
71
100
33
98
96
16
70
5
64
96
32
86
27
54
1
69
50
7
72
6
51
26
36
80
12
44
41

14000
14000
16000
15000
16000
12000
14000
13000
12000
14000
14000
15000
16000
15000
12000
14000
15000
15000
15000
16000
14000
16000
16000
13000
15000
13000
14000
16000
14000
15000
14000
14000
12000
14000
14000
13000
15000
13000
14000
14000
14000
15000
13000
14000
14000

Pgina 22

64
71
67
0
7
71
52
84
4
2
26
60
33
93
28
95
43
73
14
33
80
33
42
65
83
65
81
19
12
79
26
24
37
32
51
39
78
69
19
12
79
81
20
9
76

5000
6000
5000
4000
4000
6000
5000
6000
4000
4000
4000
5000
5000
6000
4000
6000
5000
6000
4000
5000
6000
5000
5000
5000
6000
5000
6000
4000
4000
6000
4000
4000
5000
5000
5000
5000
6000
5000
4000
4000
6000
6000
4000
4000
6000

10
13
82
50
66
47
52
70
63
85
2
33
15
31
97
50
30
69
22
47
64
53
29
89
11
74
53
50
16
53
71
9
43
84
6
4
97
2
56
36
81
0
17
8
39

9
9
11
10
10
10
10
10
10
11
9
9
9
9
11
10
9
10
9
10
10
10
9
11
9
10
10
10
9
10
10
9
10
11
9
9
11
9
10
10
11
9
9
9
10

Exemplo

##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##

27
2
5
21
46
28
70
65
85
44
77
98
74
8
13
84
92
48
35
67
32
91

70000
65000
65000
70000
70000
70000
75000
75000
80000
70000
80000
85000
80000
65000
70000
80000
85000
75000
70000
75000
70000
85000

70
91
66
72
15
41
53
38
12
26
92
35
13
2
26
65
62
68
55
39
79
91

15000
16000
14000
15000
13000
14000
14000
14000
13000
14000
16000
14000
13000
12000
14000
14000
14000
14000
14000
14000
15000
16000

Pgina 23

21
40
61
51
70
97
20
47
56
49
52
16
17
29
28
22
71
51
31
41
32
5

4000
5000
5000
5000
6000
6000
4000
5000
5000
5000
5000
4000
4000
4000
4000
4000
6000
5000
5000
5000
5000
4000

67
91
11
71
77
63
38
96
51
7
25
72
44
75
74
7
57
5
31
5
69
94

10
11
9
10
10
10
10
11
10
9
9
10
10
10
10
9
10
9
9
9
10
11

Exemplo

Valor

TMA
Dist. acum.
10%
100

LAO
V.Neg
Valor
R$ 75,276.98
R$ 82,192.63
R$ 88,081.75
R$ 81,807.09
R$ 87,951.66
R$ 106,023.94
R$ 82,322.72
R$ 94,096.22
R$ 87,951.66
R$ 88,081.75
R$ 70,804.68
R$ 94,481.77
R$ 87,951.66
R$ 87,951.66
R$ 93,710.68
R$ 75,662.52
R$ 94,264.87
R$ 87,951.66
R$ 82,192.63
R$ 105,673.45
R$ 93,840.77
R$ 105,322.95
R$ 82,746.82
R$ 83,170.92
R$ 77,411.90
R$ 99,528.88
R$ 94,481.77
R$ 94,481.77
R$ 94,096.22
R$ 87,566.11
R$ 88,505.85
R$ 82,746.82
R$ 83,170.92

VPL
Valor
R$5,276.98
R$12,192.63
R$18,081.75
R$1,807.09
R$12,951.66
R$21,023.94
R$7,322.72
R$9,096.22
R$2,951.66
R$23,081.75
R$804.68
R$9,481.77
R$12,951.66
R$22,951.66
R$18,710.68
R$5,662.52
R$24,264.87
R$12,951.66
R$12,192.63
R$35,673.45
R$18,840.77
R$35,322.95
R$17,746.82
R$13,170.92
R$7,411.90
R$19,528.88
R$24,481.77
R$24,481.77
R$9,096.22
R$17,566.11
R$13,505.85
R$12,746.82
R$13,170.92

TIR
Valor
11.69%
13.80%
16.06%
10.51%
13.79%
15.01%
12.36%
12.38%
10.78%
18.20%
10.28%
12.47%
13.79%
17.52%
15.44%
11.80%
17.99%
13.79%
13.80%
19.96%
15.91%
19.91%
16.35%
14.42%
12.52%
14.94%
17.43%
17.43%
12.38%
15.46%
14.26%
14.30%
14.42%

E(VPL)=
DP(VPL)=
P(VPL<0)=
P(VPL<17952)

R$13,780.18
R$9,241.00
6.8%
67.4%

Mximo VPL=
Mnimo VPL=
E(Vnegocio)=
DP(Vnegocio)=

87865.18
6779.06

Para intervalo de confiana de 80%

Valor Neg Mnimo=

79177.46

Valor Neg. Mximo=

96552.90

Pgina 24

50
45
40
35
30
25
20
15
10

Exemplo

R$ 88,337.20
R$ 99,528.88
R$ 87,566.11
R$ 81,421.55
R$ 70,804.68
R$ 82,746.82
R$ 94,481.77
R$ 87,566.11
R$ 93,033.82
R$ 87,951.66
R$ 92,683.32
R$ 94,096.22
R$ 88,081.75
R$ 87,566.11
R$ 87,951.66
R$ 82,322.72
R$ 76,987.80
R$ 100,240.79
R$ 76,987.80
R$ 88,505.85
R$ 94,096.22
R$ 94,481.77
R$ 92,332.83
R$ 94,096.22
R$ 87,951.66
R$ 76,987.80
R$ 83,170.92
R$ 100,240.79
R$ 93,710.68
R$ 87,566.11
R$ 82,746.82
R$ 76,563.70
R$ 82,322.72
R$ 93,033.82
R$ 93,840.77
R$ 87,951.66
R$ 87,951.66
R$ 87,951.66
R$ 87,951.66
R$ 88,337.20
R$ 87,566.11
R$ 87,951.66
R$ 71,228.77
R$ 82,192.63
R$ 88,505.85

R$23,337.20
R$29,528.88
R$17,566.11
R$11,421.55
(R$9,195.32)
R$12,746.82
R$24,481.77
R$12,566.11
R$23,033.82
R$17,951.66
R$22,683.32
R$19,096.22
R$23,081.75
R$17,566.11
R$17,951.66
R$12,322.72
R$6,987.80
R$20,240.79
R$1,987.80
R$23,505.85
R$29,096.22
R$24,481.77
R$17,332.83
R$29,096.22
R$22,951.66
R$6,987.80
R$3,170.92
R$30,240.79
R$23,710.68
R$17,566.11
R$12,746.82
(R$3,436.30)
(R$2,677.28)
R$18,033.82
R$18,840.77
R$2,951.66
R$7,951.66
R$2,951.66
R$17,951.66
R$13,337.20
R$22,566.11
R$22,951.66
(R$3,771.23)
R$12,192.63
R$13,505.85

17.60%
18.30%
15.46%
13.60%
7.10%
14.30%
17.43%
13.70%
16.55%
15.55%
16.49%
15.52%
18.20%
15.46%
15.55%
14.18%
12.39%
15.49%
10.64%
18.30%
19.42%
17.43%
14.72%
19.42%
17.52%
12.39%
10.96%
19.12%
17.27%
15.46%
14.30%
8.93%
9.22%
14.86%
15.91%
10.78%
12.21%
10.78%
15.55%
13.88%
17.44%
17.52%
8.76%
13.80%
14.26%

Pgina 25

Exemplo

R$ 94,481.77
R$ 93,710.68
R$ 99,528.88
R$ 88,929.94
R$ 77,411.90
R$ 87,566.11
R$ 87,566.11
R$ 81,807.09
R$ 88,337.20
R$ 93,710.68
R$ 83,170.92
R$ 99,855.25
R$ 87,566.11
R$ 82,192.63
R$ 87,566.11
R$ 100,626.33
R$ 87,566.11
R$ 87,951.66
R$ 82,322.72
R$ 92,683.32
R$ 88,081.75
R$ 94,096.22
R$ 88,505.85
R$ 92,683.32
R$ 87,566.11
R$ 94,481.77
R$ 92,332.83
R$ 82,746.82
R$ 87,951.66
R$ 99,178.38
R$ 82,746.82
R$ 99,855.25
R$ 86,188.26
R$ 87,951.66
R$ 99,855.25
R$ 94,096.22
R$ 76,987.80
R$ 88,505.85
R$ 85,837.77
R$ 79,342.71
R$ 88,337.20
R$ 82,322.72
R$ 87,951.66
R$ 82,746.82
R$ 83,170.92

R$19,481.77
R$8,710.68
R$29,528.88
R$13,929.94
R$7,411.90
R$12,566.11
R$2,566.11
R$6,807.09
R$18,337.20
R$8,710.68
R$3,170.92
R$14,855.25
R$17,566.11
(R$2,807.37)
R$2,566.11
R$30,626.33
R$17,566.11
R$12,951.66
R$12,322.72
R$22,683.32
R$3,081.75
R$19,096.22
R$18,505.85
R$12,683.32
R$17,566.11
R$29,481.77
R$22,332.83
R$2,746.82
R$17,951.66
R$29,178.38
R$12,746.82
R$29,855.25
R$11,188.26
R$7,951.66
R$24,855.25
R$24,096.22
(R$3,012.20)
R$13,505.85
R$15,837.77
R$9,342.71
R$23,337.20
R$17,322.72
R$17,951.66
R$7,746.82
R$8,170.92

15.60%
12.29%
18.30%
14.37%
12.52%
13.70%
10.68%
12.02%
15.63%
12.29%
10.96%
13.86%
15.46%
9.25%
10.68%
19.19%
15.46%
13.79%
14.18%
16.49%
10.89%
15.52%
16.17%
13.26%
15.46%
19.49%
16.42%
10.83%
15.55%
18.24%
14.30%
19.05%
13.07%
12.21%
17.13%
17.35%
9.07%
14.26%
14.62%
12.76%
17.60%
16.24%
15.55%
12.48%
12.60%

Pgina 26

Exemplo

R$ 93,033.82
R$ 99,855.25
R$ 76,563.70
R$ 75,276.98
R$ 76,987.80
R$ 92,683.32
R$ 82,746.82
R$ 88,337.20
R$ 88,337.20
R$ 86,188.26
R$ 82,322.72
R$ 82,192.63
R$ 82,322.72
R$ 100,240.79
R$ 82,322.72
R$ 81,421.55
R$ 93,710.68
R$ 87,951.66
R$ 82,746.82
R$ 87,951.66
R$ 93,710.68
R$ 83,170.92
R$ 86,538.76
R$ 87,566.11
R$ 77,411.90
R$ 92,683.32
R$ 88,337.20
R$ 83,170.92
R$ 92,683.32
R$ 82,746.82
R$ 88,337.20
R$ 82,322.72
R$ 93,033.82
R$ 82,322.72
R$ 94,264.87
R$ 87,951.66
R$ 87,951.66
R$ 81,807.09
R$ 92,683.32
R$ 88,081.75
R$ 83,170.92
R$ 82,746.82
R$ 83,170.92
R$ 86,188.26
R$ 83,170.92

R$18,033.82
R$24,855.25
R$6,563.70
R$10,276.98
(R$3,012.20)
R$12,683.32
R$12,746.82
R$8,337.20
R$18,337.20
R$16,188.26
R$7,322.72
R$7,192.63
R$7,322.72
R$30,240.79
R$2,322.72
(R$3,578.45)
R$18,710.68
R$12,951.66
R$7,746.82
R$7,951.66
R$28,710.68
R$8,170.92
R$6,538.76
R$22,566.11
R$12,411.90
R$7,683.32
R$8,337.20
R$13,170.92
R$12,683.32
R$12,746.82
R$3,337.20
R$12,322.72
R$18,033.82
R$12,322.72
R$19,264.87
R$12,951.66
R$7,951.66
R$1,807.09
R$27,683.32
R$3,081.75
(R$1,829.08)
R$7,746.82
R$8,170.92
R$11,188.26
(R$1,829.08)

14.86%
17.13%
12.26%
13.49%
9.07%
13.26%
14.30%
12.31%
15.63%
14.69%
12.36%
12.12%
12.36%
19.12%
10.71%
9.03%
15.44%
13.79%
12.48%
12.21%
19.34%
12.60%
11.70%
17.44%
14.47%
11.89%
12.31%
14.42%
13.26%
14.30%
10.88%
14.18%
14.86%
14.18%
16.01%
13.79%
12.21%
10.51%
18.40%
10.89%
9.47%
12.48%
12.60%
13.07%
9.47%

Pgina 27

Exemplo

R$ 94,096.22
R$ 94,481.77
R$ 87,951.66
R$ 87,951.66
R$ 85,837.77
R$ 82,322.72
R$ 87,566.11
R$ 86,188.26
R$ 87,566.11
R$ 94,096.22
R$ 82,746.82
R$ 82,746.82
R$ 93,033.82
R$ 88,337.20
R$ 82,192.63
R$ 81,807.09
R$ 86,538.76
R$ 83,170.92
R$ 92,683.32
R$ 87,566.11
R$ 77,411.90
R$ 88,929.94
R$ 100,240.79
R$ 88,337.20
R$ 93,033.82
R$ 88,337.20
R$ 100,240.79
R$ 88,081.75
R$ 82,322.72
R$ 88,081.75
R$ 87,951.66
R$ 82,192.63
R$ 94,264.87
R$ 71,228.77
R$ 87,951.66
R$ 82,746.82
R$ 94,481.77
R$ 88,337.20
R$ 75,276.98
R$ 88,337.20
R$ 92,332.83
R$ 88,337.20
R$ 88,337.20
R$ 94,481.77
R$ 94,481.77

R$29,096.22
R$19,481.77
R$7,951.66
R$2,951.66
R$10,837.77
R$17,322.72
R$2,566.11
R$11,188.26
R$17,566.11
R$9,096.22
R$17,746.82
(R$2,253.18)
R$28,033.82
R$8,337.20
R$7,192.63
R$1,807.09
R$6,538.76
R$13,170.92
R$7,683.32
R$17,566.11
(R$2,588.10)
R$18,929.94
R$30,240.79
R$13,337.20
R$23,033.82
R$23,337.20
R$20,240.79
R$23,081.75
R$12,322.72
R$18,081.75
R$17,951.66
R$17,192.63
R$24,264.87
(R$8,771.23)
R$12,951.66
R$12,746.82
R$19,481.77
R$18,337.20
R$276.98
R$23,337.20
R$17,332.83
R$13,337.20
R$8,337.20
R$24,481.77
R$24,481.77

19.42%
15.60%
12.21%
10.78%
12.99%
16.24%
10.68%
13.07%
15.46%
12.38%
16.35%
9.35%
18.46%
12.31%
12.12%
10.51%
11.70%
14.42%
11.89%
15.46%
9.21%
16.27%
19.12%
13.88%
16.55%
17.60%
15.49%
18.20%
14.18%
16.06%
15.55%
15.67%
17.99%
7.26%
13.79%
14.30%
15.60%
15.63%
10.08%
17.60%
14.72%
13.88%
12.31%
17.43%
17.43%

Pgina 28

Exemplo

R$ 93,710.68
R$ 87,951.66
R$ 82,746.82
R$ 99,855.25
R$ 105,322.95
R$ 76,563.70
R$ 75,276.98
R$ 88,337.20
R$ 93,710.68
R$ 88,337.20
R$ 83,170.92
R$ 92,332.83
R$ 92,683.32
R$ 88,337.20
R$ 94,264.87
R$ 81,807.09
R$ 87,951.66
R$ 94,481.77
R$ 88,929.94
R$ 93,710.68
R$ 82,746.82
R$ 99,178.38
R$ 94,481.77
R$ 88,505.85
R$ 87,566.11
R$ 83,170.92
R$ 81,807.09
R$ 98,827.89
R$ 70,804.68
R$ 88,337.20
R$ 88,505.85
R$ 82,746.82
R$ 82,322.72
R$ 81,421.55
R$ 87,566.11
R$ 88,337.20
R$ 87,951.66
R$ 82,746.82
R$ 100,240.79
R$ 87,566.11
R$ 93,710.68
R$ 94,481.77
R$ 85,837.77
R$ 82,746.82
R$ 76,048.07

R$23,710.68
R$17,951.66
R$17,746.82
R$24,855.25
R$20,322.95
(R$8,436.30)
R$5,276.98
R$13,337.20
R$23,710.68
R$18,337.20
(R$1,829.08)
R$22,332.83
R$17,683.32
R$13,337.20
R$19,264.87
R$1,807.09
R$22,951.66
R$19,481.77
R$13,929.94
R$23,710.68
(R$2,253.18)
R$24,178.38
R$24,481.77
R$13,505.85
R$17,566.11
R$18,170.92
R$16,807.09
R$23,827.89
R$5,804.68
R$18,337.20
R$3,505.85
R$12,746.82
R$12,322.72
R$6,421.55
R$17,566.11
R$3,337.20
R$17,951.66
R$12,746.82
R$25,240.79
R$7,566.11
R$18,710.68
R$9,481.77
R$837.77
R$2,746.82
(R$8,951.93)

17.27%
15.55%
16.35%
17.13%
14.88%
7.50%
11.69%
13.88%
17.27%
15.63%
9.47%
16.42%
14.79%
13.88%
16.01%
10.51%
17.52%
15.60%
14.37%
17.27%
9.35%
16.47%
17.43%
14.26%
15.46%
16.46%
15.58%
16.40%
12.15%
15.63%
11.00%
14.30%
14.18%
11.92%
15.46%
10.88%
15.55%
14.30%
17.21%
12.12%
15.44%
12.47%
10.21%
10.83%
7.57%

Pgina 29

Exemplo

R$ 85,837.77
R$ 77,411.90
R$ 98,827.89
R$ 76,563.70
R$ 88,081.75
R$ 75,276.98
R$ 92,332.83
R$ 88,337.20
R$ 82,746.82
R$ 93,840.77
R$ 87,951.66
R$ 82,192.63
R$ 92,332.83
R$ 94,688.97
R$ 87,951.66
R$ 82,322.72
R$ 82,746.82
R$ 87,566.11
R$ 81,807.09
R$ 94,096.22
R$ 93,033.82
R$ 92,332.83
R$ 88,929.94
R$ 92,683.32
R$ 71,652.87
R$ 88,337.20
R$ 92,683.32
R$ 94,264.87
R$ 94,096.22
R$ 94,264.87
R$ 82,746.82
R$ 93,033.82
R$ 83,170.92
R$ 82,322.72
R$ 88,337.20
R$ 87,566.11
R$ 88,929.94
R$ 82,746.82
R$ 99,178.38
R$ 82,322.72
R$ 87,566.11
R$ 76,987.80
R$ 88,337.20
R$ 81,421.55
R$ 81,421.55

R$15,837.77
R$7,411.90
R$13,827.89
(R$8,436.30)
R$13,081.75
(R$4,723.02)
R$27,332.83
R$13,337.20
R$2,746.82
R$23,840.77
R$7,951.66
R$12,192.63
R$22,332.83
R$24,688.97
R$12,951.66
R$12,322.72
R$12,746.82
R$12,566.11
R$16,807.09
R$19,096.22
R$18,033.82
R$27,332.83
R$18,929.94
R$22,683.32
R$1,652.87
R$23,337.20
R$7,683.32
R$24,264.87
R$24,096.22
R$19,264.87
R$2,746.82
R$13,033.82
R$3,170.92
R$12,322.72
R$13,337.20
R$2,566.11
R$18,929.94
R$7,746.82
R$19,178.38
R$7,322.72
R$17,566.11
R$11,987.80
R$23,337.20
R$11,421.55
R$6,421.55

14.62%
12.52%
13.37%
7.50%
14.15%
8.64%
18.34%
13.88%
10.83%
17.89%
12.21%
13.80%
16.42%
18.08%
13.79%
14.18%
14.30%
13.70%
15.58%
15.52%
14.86%
18.34%
16.27%
16.49%
10.57%
17.60%
11.89%
17.99%
17.35%
16.01%
10.83%
13.34%
10.96%
14.18%
13.88%
10.68%
16.27%
12.48%
14.87%
12.36%
15.46%
14.35%
17.60%
13.60%
11.92%

Pgina 30

Exemplo

R$ 88,337.20
R$ 93,033.82
R$ 82,322.72
R$ 88,337.20
R$ 79,693.20
R$ 98,827.89
R$ 83,170.92
R$ 93,710.68
R$ 92,332.83
R$ 93,840.77
R$ 87,951.66
R$ 88,337.20
R$ 82,746.82
R$ 82,746.82
R$ 92,332.83
R$ 87,951.66
R$ 92,683.32
R$ 82,322.72
R$ 83,170.92
R$ 93,710.68
R$ 81,807.09
R$ 79,693.20
R$ 82,746.82
R$ 77,411.90
R$ 82,192.63
R$ 82,746.82
R$ 100,240.79
R$ 88,337.20
R$ 94,481.77
R$ 88,337.20
R$ 106,023.94
R$ 87,566.11
R$ 86,188.26
R$ 82,322.72
R$ 93,710.68
R$ 87,951.66
R$ 87,951.66
R$ 94,264.87
R$ 92,683.32
R$ 82,746.82
R$ 99,528.88
R$ 94,096.22
R$ 99,178.38
R$ 87,566.11
R$ 94,264.87

R$13,337.20
R$23,033.82
R$12,322.72
R$13,337.20
(R$306.80)
R$33,827.89
R$3,170.92
R$8,710.68
R$7,332.83
R$8,840.77
R$22,951.66
R$3,337.20
(R$2,253.18)
R$12,746.82
R$22,332.83
R$17,951.66
R$27,683.32
R$2,322.72
R$8,170.92
R$18,710.68
R$11,807.09
R$4,693.20
R$7,746.82
R$7,411.90
(R$2,807.37)
R$12,746.82
R$30,240.79
R$23,337.20
R$19,481.77
R$18,337.20
R$26,023.94
R$22,566.11
R$21,188.26
R$7,322.72
R$23,710.68
R$17,951.66
R$17,951.66
R$24,264.87
R$7,683.32
R$17,746.82
R$29,528.88
R$14,096.22
R$19,178.38
R$2,566.11
R$29,264.87

13.88%
16.55%
14.18%
13.88%
9.92%
20.19%
10.96%
12.29%
11.81%
12.51%
17.52%
10.88%
9.35%
14.30%
16.42%
15.55%
18.40%
10.71%
12.60%
15.44%
13.70%
11.31%
12.48%
12.52%
9.25%
14.30%
19.12%
17.60%
15.60%
15.63%
16.50%
17.44%
16.51%
12.36%
17.27%
15.55%
15.55%
17.99%
11.89%
16.35%
18.30%
13.87%
14.87%
10.68%
20.22%

Pgina 31

Exemplo

R$ 87,566.11
R$ 87,566.11
R$ 81,807.09
R$ 88,337.20
R$ 94,096.22
R$ 94,264.87
R$ 94,096.22
R$ 81,421.55
R$ 87,566.11
R$ 82,322.72
R$ 88,337.20
R$ 87,951.66
R$ 83,170.92
R$ 87,566.11
R$ 88,929.94
R$ 82,322.72
R$ 87,951.66
R$ 88,929.94
R$ 93,710.68
R$ 87,566.11
R$ 88,337.20
R$ 86,538.76
R$ 87,566.11
R$ 99,528.88
R$ 87,566.11
R$ 82,322.72
R$ 99,855.25
R$ 88,337.20
R$ 82,322.72
R$ 93,710.68
R$ 92,332.83
R$ 87,951.66
R$ 75,662.52
R$ 71,228.77
R$ 106,023.94
R$ 82,322.72
R$ 76,987.80
R$ 100,626.33
R$ 86,538.76
R$ 85,837.77
R$ 92,683.32
R$ 87,951.66
R$ 88,505.85
R$ 87,566.11
R$ 99,855.25

R$2,566.11
R$22,566.11
R$11,807.09
R$18,337.20
R$19,096.22
R$19,264.87
R$24,096.22
R$11,421.55
R$22,566.11
R$2,322.72
R$3,337.20
R$17,951.66
R$8,170.92
R$2,566.11
R$13,929.94
R$17,322.72
R$12,951.66
R$13,929.94
R$23,710.68
R$17,566.11
R$18,337.20
R$16,538.76
R$17,566.11
R$19,528.88
R$2,566.11
R$2,322.72
R$24,855.25
R$13,337.20
R$12,322.72
R$18,710.68
R$27,332.83
R$17,951.66
(R$9,337.48)
R$6,228.77
R$21,023.94
R$17,322.72
R$6,987.80
R$15,626.33
R$1,538.76
R$10,837.77
R$22,683.32
R$17,951.66
R$18,505.85
R$2,566.11
R$29,855.25

10.68%
17.44%
13.70%
15.63%
15.52%
16.01%
17.35%
13.60%
17.44%
10.71%
10.88%
15.55%
12.60%
10.68%
14.37%
16.24%
13.79%
14.37%
17.27%
15.46%
15.63%
14.77%
15.46%
14.94%
10.68%
10.71%
17.13%
13.88%
14.18%
15.44%
18.34%
15.55%
7.45%
12.29%
15.01%
16.24%
12.39%
14.02%
10.38%
12.99%
16.49%
15.55%
16.17%
10.68%
19.05%

Pgina 32

Exemplo

R$ 87,951.66
R$7,951.66
R$ 83,170.92 (R$1,829.08)
R$ 100,626.33 R$30,626.33
R$ 92,332.83
R$7,332.83
R$ 99,855.25 R$24,855.25
R$ 86,538.76
R$1,538.76
R$ 86,188.26 R$11,188.26
R$ 82,746.82 R$12,746.82
R$ 77,411.90 (R$7,588.10)
R$ 87,951.66
R$2,951.66
R$ 71,652.87 (R$13,347.13)
R$ 87,566.11 R$22,566.11
R$ 88,081.75 R$13,081.75
R$ 76,563.70
R$6,563.70
R$ 105,673.45 R$40,673.45
R$ 87,566.11 R$17,566.11
R$ 94,688.97 R$24,688.97
R$ 93,710.68 R$23,710.68
R$ 98,827.89 R$23,827.89
R$ 99,178.38 R$29,178.38
R$ 88,505.85 R$18,505.85
R$ 81,807.09
R$1,807.09
R$ 83,170.92
R$3,170.92
R$ 83,170.92 R$13,170.92
R$ 100,626.33 R$20,626.33
R$ 81,807.09 (R$3,192.91)
R$ 93,033.82 R$23,033.82
R$ 92,683.32 R$17,683.32
R$ 83,170.92 R$18,170.92
R$ 86,538.76
R$6,538.76
R$ 87,951.66 R$22,951.66
R$ 76,987.80 (R$8,012.20)
R$ 81,421.55
R$6,421.55
R$ 76,987.80
R$6,987.80
R$ 87,566.11 R$17,566.11
R$ 77,411.90
R$7,411.90
R$ 82,746.82
R$7,746.82
R$ 76,563.70 (R$3,436.30)
R$ 76,987.80
R$1,987.80
R$ 88,337.20 R$18,337.20
R$ 94,688.97 R$24,688.97
R$ 100,240.79 R$30,240.79
R$ 82,746.82 R$12,746.82
R$ 80,043.70
R$43.70
R$ 88,337.20
R$8,337.20

12.21%
9.47%
19.19%
11.81%
17.13%
10.38%
13.07%
14.30%
7.78%
10.78%
6.04%
17.44%
14.15%
12.26%
22.06%
15.46%
18.08%
17.27%
16.40%
18.24%
16.17%
10.51%
10.96%
14.42%
15.57%
9.14%
16.55%
14.79%
16.46%
11.70%
17.52%
7.64%
11.92%
12.39%
15.46%
12.52%
12.48%
8.93%
10.64%
15.63%
18.08%
19.12%
14.30%
10.01%
12.31%

Pgina 33

Exemplo

R$ 88,337.20
R$ 87,951.66
R$ 82,322.72
R$ 94,481.77
R$ 88,929.94
R$ 88,929.94
R$ 82,322.72
R$ 87,951.66
R$ 105,673.45
R$ 87,951.66
R$ 93,710.68
R$ 83,170.92
R$ 87,566.11
R$ 87,951.66
R$ 93,033.82
R$ 88,081.75
R$ 88,505.85
R$ 87,566.11
R$ 83,170.92
R$ 82,322.72
R$ 87,566.11
R$ 76,048.07
R$ 82,746.82
R$ 87,951.66
R$ 81,807.09
R$ 82,322.72
R$ 88,337.20
R$ 93,033.82
R$ 87,951.66
R$ 92,683.32
R$ 71,652.87
R$ 82,322.72
R$ 87,951.66
R$ 94,096.22
R$ 82,322.72
R$ 85,837.77
R$ 106,023.94
R$ 99,178.38
R$ 82,746.82
R$ 76,563.70
R$ 87,951.66
R$ 94,481.77
R$ 92,332.83
R$ 87,951.66
R$ 87,566.11

R$18,337.20
R$17,951.66
R$12,322.72
R$24,481.77
R$18,929.94
R$18,929.94
R$2,322.72
R$22,951.66
R$30,673.45
R$2,951.66
R$23,710.68
R$13,170.92
R$7,566.11
R$17,951.66
R$23,033.82
R$8,081.75
R$8,505.85
R$17,566.11
R$18,170.92
R$12,322.72
R$12,566.11
R$6,048.07
R$7,746.82
R$17,951.66
R$11,807.09
R$17,322.72
R$3,337.20
R$8,033.82
R$12,951.66
R$12,683.32
R$1,652.87
(R$2,677.28)
R$7,951.66
R$24,096.22
(R$2,677.28)
R$20,837.77
R$41,023.94
R$34,178.38
R$17,746.82
(R$8,436.30)
R$7,951.66
R$14,481.77
R$22,332.83
R$2,951.66
R$7,566.11

15.63%
15.55%
14.18%
17.43%
16.27%
16.27%
10.71%
17.52%
18.11%
10.78%
17.27%
14.42%
12.12%
15.55%
16.55%
12.44%
12.55%
15.46%
16.46%
14.18%
13.70%
11.91%
12.48%
15.55%
13.70%
16.24%
10.88%
11.96%
13.79%
13.26%
10.57%
9.22%
12.21%
17.35%
9.22%
16.44%
22.11%
20.24%
16.35%
7.50%
12.21%
13.96%
16.42%
10.78%
12.12%

Pgina 34

Exemplo

R$ 94,481.77
R$ 88,081.75
R$ 77,411.90
R$ 87,951.66
R$ 75,662.52
R$ 92,332.83
R$ 92,683.32
R$ 76,987.80
R$ 83,170.92
R$ 99,855.25
R$ 93,033.82
R$ 86,188.26
R$ 76,563.70
R$ 92,332.83
R$ 92,683.32
R$ 93,710.68
R$ 100,240.79
R$ 92,683.32
R$ 75,662.52
R$ 98,827.89
R$ 99,178.38
R$ 87,951.66
R$ 83,170.92
R$ 81,807.09
R$ 93,840.77
R$ 94,096.22
R$ 82,746.82
R$ 88,505.85
R$ 82,746.82
R$ 88,929.94
R$ 94,264.87
R$ 87,951.66
R$ 93,710.68
R$ 87,951.66
R$ 87,951.66
R$ 87,566.11
R$ 87,951.66
R$ 87,951.66
R$ 76,987.80
R$ 82,322.72
R$ 94,481.77
R$ 92,683.32
R$ 75,662.52
R$ 87,951.66
R$ 87,566.11

R$14,481.77
R$3,081.75
R$7,411.90
R$12,951.66
R$5,662.52
R$27,332.83
R$27,683.32
(R$8,012.20)
R$13,170.92
R$24,855.25
R$18,033.82
R$11,188.26
R$1,563.70
R$17,332.83
R$22,683.32
R$13,710.68
R$15,240.79
R$7,683.32
(R$9,337.48)
R$23,827.89
R$29,178.38
R$12,951.66
(R$1,829.08)
R$11,807.09
R$23,840.77
R$9,096.22
R$12,746.82
R$18,505.85
R$7,746.82
R$13,929.94
R$24,264.87
R$17,951.66
R$28,710.68
R$17,951.66
R$17,951.66
R$12,566.11
R$17,951.66
R$17,951.66
(R$8,012.20)
R$2,322.72
R$14,481.77
R$22,683.32
R$662.52
R$17,951.66
R$12,566.11

13.96%
10.89%
12.52%
13.79%
11.80%
18.34%
18.40%
7.64%
14.42%
17.13%
14.86%
13.07%
10.51%
14.72%
16.49%
13.79%
13.94%
11.89%
7.45%
16.40%
18.24%
13.79%
9.47%
13.70%
17.89%
12.38%
14.30%
16.17%
12.48%
14.37%
17.99%
15.55%
19.34%
15.55%
15.55%
13.70%
15.55%
15.55%
7.64%
10.71%
13.96%
16.49%
10.20%
15.55%
13.70%

Pgina 35

Exemplo

R$ 81,421.55
R$ 88,081.75
R$ 86,188.26
R$ 93,033.82
R$ 76,563.70
R$ 83,170.92
R$ 75,276.98
R$ 87,951.66
R$ 85,837.77
R$ 92,332.83
R$ 94,264.87
R$ 81,807.09
R$ 87,951.66
R$ 87,951.66
R$ 82,746.82
R$ 85,837.77
R$ 81,807.09
R$ 93,033.82
R$ 88,081.75
R$ 83,170.92
R$ 82,192.63
R$ 87,566.11
R$ 88,337.20
R$ 76,563.70
R$ 83,170.92
R$ 93,033.82
R$ 93,710.68
R$ 93,710.68
R$ 100,626.33
R$ 82,746.82
R$ 87,951.66
R$ 76,987.80
R$ 87,951.66
R$ 87,951.66
R$ 93,710.68
R$ 92,332.83
R$ 82,746.82
R$ 82,322.72
R$ 87,951.66
R$ 88,337.20
R$ 83,170.92
R$ 87,566.11
R$ 82,322.72
R$ 77,411.90
R$ 87,951.66

R$11,421.55
R$18,081.75
R$16,188.26
R$18,033.82
R$11,563.70
R$3,170.92
R$5,276.98
R$12,951.66
R$20,837.77
R$22,332.83
R$14,264.87
R$11,807.09
R$2,951.66
R$22,951.66
R$2,746.82
R$15,837.77
R$11,807.09
R$13,033.82
R$18,081.75
R$8,170.92
R$2,192.63
R$7,566.11
R$3,337.20
(R$3,436.30)
R$13,170.92
R$8,033.82
R$28,710.68
R$23,710.68
R$20,626.33
R$17,746.82
R$12,951.66
R$11,987.80
R$12,951.66
R$7,951.66
R$28,710.68
R$22,332.83
R$7,746.82
R$7,322.72
R$2,951.66
R$18,337.20
R$13,170.92
R$7,566.11
R$7,322.72
R$7,411.90
R$12,951.66

13.60%
16.06%
14.69%
14.86%
14.22%
10.96%
11.69%
13.79%
16.44%
16.42%
14.23%
13.70%
10.78%
17.52%
10.83%
14.62%
13.70%
13.34%
16.06%
12.60%
10.61%
12.12%
10.88%
8.93%
14.42%
11.96%
19.34%
17.27%
15.57%
16.35%
13.79%
14.35%
13.79%
12.21%
19.34%
16.42%
12.48%
12.36%
10.78%
15.63%
14.42%
12.12%
12.36%
12.52%
13.79%

Pgina 36

Exemplo

R$ 82,192.63
R$7,192.63
R$ 92,683.32 R$27,683.32
R$ 93,710.68
R$8,710.68
R$ 75,276.98 R$10,276.98
R$ 92,683.32 R$22,683.32
R$ 92,683.32
R$7,683.32
R$ 92,332.83
R$7,332.83
R$ 88,929.94 R$18,929.94
R$ 88,337.20 R$18,337.20
R$ 93,033.82 R$18,033.82
R$ 105,322.95 R$35,322.95
R$ 83,170.92 R$13,170.92
R$ 88,337.20
R$8,337.20
R$ 87,951.66
R$7,951.66
R$ 81,807.09 R$11,807.09
R$ 88,081.75 R$18,081.75
R$ 81,421.55
R$6,421.55
R$ 71,652.87 (R$13,347.13)
R$ 88,337.20 R$23,337.20
R$ 88,337.20 R$18,337.20
R$ 81,421.55 R$11,421.55
R$ 81,807.09 R$11,807.09
R$ 81,807.09
R$6,807.09
R$ 82,746.82 R$12,746.82
R$ 82,746.82
R$7,746.82
R$ 87,566.11 R$22,566.11
R$ 81,807.09 R$11,807.09
R$ 88,505.85
R$3,505.85
R$ 99,855.25 R$29,855.25
R$ 83,170.92
R$8,170.92
R$ 93,033.82 R$13,033.82
R$ 87,951.66 R$17,951.66
R$ 94,096.22 R$19,096.22
R$ 87,566.11
R$2,566.11
R$ 94,096.22 R$19,096.22
R$ 85,837.77 R$15,837.77
R$ 88,081.75 R$18,081.75
R$ 83,170.92
R$8,170.92
R$ 76,563.70
R$1,563.70
R$ 87,951.66 R$17,951.66
R$ 88,337.20 R$23,337.20
R$ 76,048.07
R$6,048.07
R$ 82,746.82 (R$2,253.18)
R$ 87,951.66 R$12,951.66
R$ 88,337.20
R$3,337.20

12.12%
18.40%
12.29%
13.49%
16.49%
11.89%
11.81%
16.27%
15.63%
14.86%
19.91%
14.42%
12.31%
12.21%
13.70%
16.06%
11.92%
6.04%
17.60%
15.63%
13.60%
13.70%
12.02%
14.30%
12.48%
17.44%
13.70%
11.00%
19.05%
12.60%
13.34%
15.55%
15.52%
10.68%
15.52%
14.62%
16.06%
12.60%
10.51%
15.55%
17.60%
11.91%
9.35%
13.79%
10.88%

Pgina 37

Exemplo

R$ 88,929.94
R$ 82,746.82
R$ 88,337.20
R$ 87,566.11
R$ 88,337.20
R$ 82,322.72
R$ 93,710.68
R$ 85,837.77
R$ 83,170.92
R$ 82,322.72
R$ 92,683.32
R$ 76,048.07
R$ 93,710.68
R$ 82,746.82
R$ 92,683.32
R$ 81,807.09
R$ 82,192.63
R$ 81,807.09
R$ 70,804.68
R$ 82,322.72
R$ 75,276.98
R$ 92,683.32
R$ 82,322.72
R$ 98,827.89
R$ 87,951.66
R$ 87,566.11
R$ 82,746.82
R$ 94,481.77
R$ 82,746.82
R$ 88,337.20
R$ 92,683.32
R$ 82,322.72
R$ 81,807.09
R$ 92,332.83
R$ 93,840.77
R$ 94,481.77
R$ 83,170.92
R$ 83,170.92
R$ 81,807.09
R$ 85,837.77
R$ 93,710.68
R$ 87,566.11
R$ 81,807.09
R$ 93,840.77
R$ 88,505.85

R$18,929.94
R$2,746.82
R$18,337.20
R$12,566.11
R$3,337.20
R$2,322.72
R$8,710.68
R$20,837.77
R$8,170.92
R$7,322.72
R$17,683.32
(R$3,951.93)
R$23,710.68
R$2,746.82
R$22,683.32
R$11,807.09
R$17,192.63
R$11,807.09
R$5,804.68
R$12,322.72
(R$9,723.02)
R$22,683.32
R$7,322.72
R$28,827.89
R$17,951.66
R$17,566.11
R$7,746.82
R$19,481.77
R$2,746.82
R$13,337.20
R$12,683.32
R$2,322.72
R$11,807.09
R$27,332.83
R$18,840.77
R$19,481.77
(R$1,829.08)
R$3,170.92
(R$3,192.91)
R$15,837.77
R$8,710.68
R$17,566.11
(R$3,192.91)
R$18,840.77
R$23,505.85

16.27%
10.83%
15.63%
13.70%
10.88%
10.71%
12.29%
16.44%
12.60%
12.36%
14.79%
8.88%
17.27%
10.83%
16.49%
13.70%
15.67%
13.70%
12.15%
14.18%
7.33%
16.49%
12.36%
18.18%
15.55%
15.46%
12.48%
15.60%
10.83%
13.88%
13.26%
10.71%
13.70%
18.34%
15.91%
15.60%
9.47%
10.96%
9.14%
14.62%
12.29%
15.46%
9.14%
15.91%
18.30%

Pgina 38

Exemplo

R$ 100,626.33
R$ 82,746.82
R$ 87,951.66
R$ 88,337.20
R$ 87,951.66
R$ 88,505.85
R$ 77,411.90
R$ 87,951.66
R$ 87,951.66
R$ 82,746.82
R$ 100,240.79
R$ 88,505.85
R$ 87,951.66
R$ 92,332.83
R$ 88,337.20
R$ 87,951.66
R$ 87,566.11
R$ 88,929.94
R$ 82,746.82
R$ 82,746.82
R$ 82,322.72
R$ 79,342.71
R$ 87,951.66
R$ 87,566.11
R$ 99,855.25
R$ 93,033.82
R$ 94,688.97
R$ 81,807.09
R$ 87,566.11
R$ 93,033.82
R$ 80,043.70
R$ 94,096.22
R$ 82,192.63
R$ 99,855.25
R$ 75,276.98
R$ 94,481.77
R$ 93,710.68
R$ 99,528.88
R$ 93,033.82
R$ 100,626.33
R$ 93,033.82
R$ 82,746.82
R$ 81,807.09
R$ 88,337.20
R$ 87,566.11

R$30,626.33
R$12,746.82
R$2,951.66
R$13,337.20
R$12,951.66
R$8,505.85
(R$7,588.10)
R$17,951.66
R$17,951.66
R$12,746.82
R$30,240.79
R$18,505.85
R$12,951.66
R$17,332.83
R$13,337.20
R$7,951.66
R$17,566.11
R$3,929.94
R$12,746.82
R$12,746.82
R$12,322.72
R$14,342.71
R$2,951.66
R$12,566.11
R$29,855.25
R$8,033.82
R$24,688.97
(R$3,192.91)
R$17,566.11
R$8,033.82
R$10,043.70
R$14,096.22
R$17,192.63
R$14,855.25
(R$4,723.02)
R$9,481.77
R$13,710.68
R$19,528.88
R$8,033.82
R$30,626.33
R$18,033.82
R$17,746.82
R$11,807.09
R$18,337.20
R$17,566.11

19.19%
14.30%
10.78%
13.88%
13.79%
12.55%
7.78%
15.55%
15.55%
14.30%
19.12%
16.17%
13.79%
14.72%
13.88%
12.21%
15.46%
11.12%
14.30%
14.30%
14.18%
14.50%
10.78%
13.70%
19.05%
11.96%
18.08%
9.14%
15.46%
11.96%
12.94%
13.87%
15.67%
13.86%
8.64%
12.47%
13.79%
14.94%
11.96%
19.19%
14.86%
16.35%
13.70%
15.63%
15.46%

Pgina 39

Exemplo

R$ 87,566.11
R$ 87,951.66
R$ 94,481.77
R$ 87,566.11
R$ 100,626.33
R$ 87,566.11
R$ 88,337.20
R$ 94,096.22
R$ 76,563.70
R$ 81,807.09
R$ 88,337.20
R$ 88,505.85
R$ 87,566.11
R$ 87,566.11
R$ 94,096.22
R$ 87,951.66
R$ 88,337.20
R$ 82,322.72
R$ 83,170.92
R$ 77,411.90
R$ 88,337.20
R$ 87,566.11
R$ 87,951.66
R$ 88,505.85
R$ 94,096.22
R$ 88,337.20
R$ 87,566.11
R$ 87,951.66
R$ 105,673.45
R$ 94,096.22
R$ 87,566.11
R$ 93,033.82
R$ 88,505.85
R$ 82,322.72
R$ 87,951.66
R$ 87,566.11
R$ 82,322.72
R$ 87,951.66
R$ 71,228.77
R$ 98,827.89
R$ 87,566.11
R$ 87,566.11
R$ 100,240.79
R$ 92,683.32
R$ 94,688.97

R$22,566.11
R$7,951.66
R$19,481.77
R$12,566.11
R$30,626.33
R$22,566.11
R$18,337.20
R$24,096.22
R$1,563.70
R$1,807.09
R$3,337.20
R$23,505.85
R$17,566.11
R$12,566.11
R$9,096.22
R$7,951.66
R$23,337.20
R$2,322.72
R$18,170.92
R$7,411.90
R$13,337.20
R$17,566.11
R$22,951.66
R$18,505.85
R$14,096.22
R$8,337.20
R$12,566.11
R$12,951.66
R$40,673.45
R$19,096.22
R$17,566.11
R$23,033.82
R$13,505.85
R$12,322.72
R$17,951.66
R$17,566.11
R$12,322.72
R$2,951.66
R$1,228.77
R$23,827.89
R$22,566.11
R$2,566.11
R$30,240.79
R$17,683.32
R$24,688.97

17.44%
12.21%
15.60%
13.70%
19.19%
17.44%
15.63%
17.35%
10.51%
10.51%
10.88%
18.30%
15.46%
13.70%
12.38%
12.21%
17.60%
10.71%
16.46%
12.52%
13.88%
15.46%
17.52%
16.17%
13.87%
12.31%
13.70%
13.79%
22.06%
15.52%
15.46%
16.55%
14.26%
14.18%
15.55%
15.46%
14.18%
10.78%
10.43%
16.40%
17.44%
10.68%
19.12%
14.79%
18.08%

Pgina 40

Exemplo

R$ 93,710.68 R$28,710.68
R$ 87,951.66
R$2,951.66
R$ 76,563.70 (R$3,436.30)
R$ 70,804.68 (R$14,195.32)
R$ 106,023.94 R$36,023.94
R$ 83,170.92
R$8,170.92
R$ 94,481.77 R$24,481.77
R$ 93,033.82 R$23,033.82
R$ 100,240.79 R$15,240.79
R$ 92,683.32 R$12,683.32
R$ 94,096.22 R$29,096.22
R$ 105,322.95 R$30,322.95
R$ 93,033.82 R$28,033.82
R$ 94,481.77 R$19,481.77
R$ 86,188.26 R$11,188.26
R$ 88,505.85 R$13,505.85
R$ 87,951.66 R$17,951.66
R$ 83,170.92 R$13,170.92
R$ 88,081.75
R$8,081.75
R$ 87,566.11 R$22,566.11
R$ 88,337.20 R$13,337.20
R$ 94,096.22 R$29,096.22
R$ 87,951.66
R$2,951.66
R$ 92,683.32 R$22,683.32
R$ 93,710.68 R$28,710.68
R$ 87,951.66
R$7,951.66
R$ 87,566.11 R$17,566.11
R$ 81,807.09
R$6,807.09
R$ 87,566.11
R$7,566.11
R$ 88,337.20
R$8,337.20
R$ 94,481.77 R$14,481.77
R$ 105,322.95 R$30,322.95
R$ 82,746.82
R$7,746.82
R$ 92,683.32 R$17,683.32
R$ 88,505.85 R$18,505.85
R$ 87,951.66 R$12,951.66
R$ 81,807.09 R$11,807.09
R$ 88,081.75
R$3,081.75
R$ 77,411.90 R$12,411.90
R$ 82,746.82
R$7,746.82
R$ 75,662.52 (R$4,337.48)
R$ 81,807.09
R$1,807.09
R$ 94,096.22 R$29,096.22
R$ 87,951.66
R$7,951.66
R$ 88,929.94
R$3,929.94

19.34%
10.78%
8.93%
5.73%
20.02%
12.60%
17.43%
16.55%
13.94%
13.26%
19.42%
18.05%
18.46%
15.60%
13.07%
14.26%
15.55%
14.42%
12.44%
17.44%
13.88%
19.42%
10.78%
16.49%
19.34%
12.21%
15.46%
12.02%
12.12%
12.31%
13.96%
18.05%
12.48%
14.79%
16.17%
13.79%
13.70%
10.89%
14.47%
12.48%
8.76%
10.51%
19.42%
12.21%
11.12%

Pgina 41

Exemplo

R$ 87,566.11
R$ 93,710.68
R$ 82,746.82
R$ 88,505.85
R$ 82,322.72
R$ 83,170.92
R$ 99,855.25
R$ 105,673.45
R$ 92,683.32
R$ 100,240.79
R$ 77,411.90
R$ 100,240.79
R$ 106,023.94
R$ 94,264.87
R$ 87,566.11
R$ 81,807.09
R$ 83,170.92
R$ 94,096.22
R$ 88,337.20
R$ 94,481.77
R$ 94,688.97
R$ 83,170.92
R$ 87,951.66
R$ 87,566.11
R$ 82,746.82
R$ 82,322.72
R$ 93,710.68
R$ 88,337.20
R$ 82,746.82
R$ 76,987.80
R$ 88,929.94
R$ 76,563.70
R$ 82,322.72
R$ 79,693.20
R$ 100,240.79
R$ 87,566.11
R$ 99,178.38
R$ 100,240.79
R$ 87,951.66
R$ 71,228.77
R$ 76,048.07
R$ 83,170.92
R$ 87,566.11
R$ 88,337.20
R$ 82,746.82

R$12,566.11
R$8,710.68
R$12,746.82
R$18,505.85
R$17,322.72
R$18,170.92
R$14,855.25
R$40,673.45
R$27,683.32
R$35,240.79
R$7,411.90
R$25,240.79
R$26,023.94
R$24,264.87
R$22,566.11
R$11,807.09
R$13,170.92
R$24,096.22
R$13,337.20
R$24,481.77
R$14,688.97
R$8,170.92
R$7,951.66
R$17,566.11
R$12,746.82
R$2,322.72
R$28,710.68
R$18,337.20
R$12,746.82
R$6,987.80
R$13,929.94
R$11,563.70
R$7,322.72
R$4,693.20
R$25,240.79
R$17,566.11
R$24,178.38
R$25,240.79
R$17,951.66
(R$3,771.23)
R$6,048.07
R$8,170.92
R$7,566.11
R$8,337.20
R$12,746.82

13.70%
12.29%
14.30%
16.17%
16.24%
16.46%
13.86%
22.06%
18.40%
21.28%
12.52%
17.21%
16.50%
17.99%
17.44%
13.70%
14.42%
17.35%
13.88%
17.43%
14.33%
12.60%
12.21%
15.46%
14.30%
10.71%
19.34%
15.63%
14.30%
12.39%
14.37%
14.22%
12.36%
11.31%
17.21%
15.46%
16.47%
17.21%
15.55%
8.76%
11.91%
12.60%
12.12%
12.31%
14.30%

Pgina 42

Exemplo

R$ 93,710.68
R$ 94,096.22
R$ 82,746.82
R$ 76,563.70
R$ 94,264.87
R$ 88,505.85
R$ 82,322.72
R$ 88,337.20
R$ 87,566.11
R$ 87,951.66
R$ 87,951.66
R$ 82,322.72
R$ 82,322.72
R$ 100,240.79
R$ 92,332.83
R$ 92,683.32
R$ 98,827.89
R$ 82,746.82
R$ 82,322.72
R$ 88,337.20
R$ 83,170.92
R$ 82,746.82
R$ 93,033.82
R$ 106,023.94
R$ 94,688.97
R$ 100,240.79
R$ 86,188.26
R$ 92,683.32
R$ 87,951.66
R$ 93,033.82
R$ 81,807.09
R$ 81,807.09
R$ 83,170.92
R$ 87,566.11
R$ 83,170.92
R$ 87,566.11
R$ 82,746.82
R$ 76,563.70
R$ 93,710.68
R$ 106,023.94
R$ 77,411.90
R$ 83,170.92
R$ 82,322.72
R$ 76,563.70
R$ 81,807.09

R$23,710.68
R$9,096.22
(R$2,253.18)
R$6,563.70
R$14,264.87
R$18,505.85
R$7,322.72
R$13,337.20
R$12,566.11
R$2,951.66
R$22,951.66
R$12,322.72
R$2,322.72
R$15,240.79
R$27,332.83
R$12,683.32
R$28,827.89
R$7,746.82
R$7,322.72
R$8,337.20
(R$1,829.08)
R$7,746.82
R$18,033.82
R$31,023.94
R$19,688.97
R$30,240.79
R$16,188.26
R$22,683.32
R$17,951.66
R$23,033.82
R$1,807.09
R$16,807.09
R$8,170.92
R$7,566.11
R$8,170.92
R$17,566.11
R$12,746.82
(R$3,436.30)
R$28,710.68
R$36,023.94
R$7,411.90
R$13,170.92
(R$2,677.28)
R$1,563.70
R$6,807.09

17.27%
12.38%
9.35%
12.26%
14.23%
16.17%
12.36%
13.88%
13.70%
10.78%
17.52%
14.18%
10.71%
13.94%
18.34%
13.26%
18.18%
12.48%
12.36%
12.31%
9.47%
12.48%
14.86%
18.16%
16.11%
19.12%
14.69%
16.49%
15.55%
16.55%
10.51%
15.58%
12.60%
12.12%
12.60%
15.46%
14.30%
8.93%
19.34%
20.02%
12.52%
14.42%
9.22%
10.51%
12.02%

Pgina 43

Exemplo

R$ 86,538.76
R$ 93,033.82
R$ 88,337.20
R$ 87,951.66
R$ 87,566.11
R$ 87,566.11
R$ 87,566.11
R$ 82,746.82
R$ 88,337.20
R$ 105,673.45
R$ 87,951.66
R$ 94,096.22
R$ 82,746.82
R$ 82,192.63
R$ 99,178.38
R$ 87,951.66
R$ 87,566.11
R$ 88,929.94
R$ 88,929.94
R$ 106,023.94
R$ 87,566.11
R$ 100,626.33
R$ 94,264.87
R$ 82,746.82
R$ 87,951.66
R$ 94,096.22
R$ 83,170.92
R$ 87,951.66
R$ 76,987.80
R$ 77,411.90
R$ 76,987.80
R$ 100,240.79
R$ 87,951.66
R$ 87,951.66
R$ 82,322.72
R$ 76,563.70
R$ 81,421.55
R$ 83,170.92
R$ 93,033.82
R$ 93,710.68
R$ 88,505.85
R$ 88,337.20
R$ 76,563.70
R$ 88,081.75
R$ 87,951.66

R$21,538.76
R$23,033.82
R$3,337.20
R$22,951.66
R$2,566.11
R$12,566.11
R$17,566.11
(R$2,253.18)
R$8,337.20
R$35,673.45
R$22,951.66
R$24,096.22
R$7,746.82
R$7,192.63
R$29,178.38
R$7,951.66
R$7,566.11
R$13,929.94
R$18,929.94
R$36,023.94
R$2,566.11
R$30,626.33
R$24,264.87
R$12,746.82
R$17,951.66
R$19,096.22
R$8,170.92
R$17,951.66
R$1,987.80
(R$7,588.10)
R$1,987.80
R$35,240.79
R$17,951.66
R$7,951.66
R$7,322.72
R$1,563.70
R$6,421.55
R$3,170.92
R$18,033.82
R$13,710.68
R$18,505.85
R$23,337.20
R$6,563.70
R$23,081.75
R$12,951.66

16.59%
16.55%
10.88%
17.52%
10.68%
13.70%
15.46%
9.35%
12.31%
19.96%
17.52%
17.35%
12.48%
12.12%
18.24%
12.21%
12.12%
14.37%
16.27%
20.02%
10.68%
19.19%
17.99%
14.30%
15.55%
15.52%
12.60%
15.55%
10.64%
7.78%
10.64%
21.28%
15.55%
12.21%
12.36%
10.51%
11.92%
10.96%
14.86%
13.79%
16.17%
17.60%
12.26%
18.20%
13.79%

Pgina 44

Exemplo

R$ 82,746.82
R$ 83,170.92
R$ 105,673.45
R$ 93,710.68
R$ 99,855.25
R$ 76,048.07
R$ 87,951.66
R$ 82,192.63
R$ 75,276.98
R$ 92,332.83
R$ 82,322.72
R$ 88,505.85
R$ 94,264.87
R$ 88,929.94
R$ 79,342.71
R$ 88,337.20
R$ 88,505.85
R$ 94,481.77
R$ 88,081.75
R$ 100,240.79
R$ 88,337.20
R$ 100,240.79
R$ 94,264.87
R$ 86,188.26
R$ 88,929.94
R$ 81,807.09
R$ 88,337.20
R$ 99,855.25
R$ 82,322.72
R$ 94,481.77
R$ 87,566.11
R$ 82,322.72
R$ 75,662.52
R$ 92,683.32
R$ 82,746.82
R$ 76,987.80
R$ 99,528.88
R$ 76,987.80
R$ 87,566.11
R$ 87,566.11
R$ 93,033.82
R$ 88,929.94
R$ 76,563.70
R$ 82,322.72
R$ 88,337.20

R$12,746.82
R$3,170.92
R$35,673.45
R$18,710.68
R$29,855.25
(R$3,951.93)
R$12,951.66
R$12,192.63
R$5,276.98
R$7,332.83
R$2,322.72
R$18,505.85
R$9,264.87
R$18,929.94
(R$5,657.29)
R$23,337.20
R$13,505.85
R$24,481.77
R$13,081.75
R$25,240.79
R$18,337.20
R$15,240.79
R$9,264.87
R$11,188.26
R$23,929.94
R$6,807.09
R$13,337.20
R$29,855.25
R$12,322.72
R$24,481.77
R$17,566.11
R$12,322.72
R$5,662.52
R$17,683.32
R$2,746.82
(R$3,012.20)
R$14,528.88
(R$3,012.20)
R$22,566.11
R$7,566.11
R$23,033.82
R$8,929.94
R$11,563.70
(R$2,677.28)
R$8,337.20

14.30%
10.96%
19.96%
15.44%
19.05%
8.88%
13.79%
13.80%
11.69%
11.81%
10.71%
16.17%
12.62%
16.27%
8.56%
17.60%
14.26%
17.43%
14.15%
17.21%
15.63%
13.94%
12.62%
13.07%
18.40%
12.02%
13.88%
19.05%
14.18%
17.43%
15.46%
14.18%
11.80%
14.79%
10.83%
9.07%
13.50%
9.07%
17.44%
12.12%
16.55%
12.66%
14.22%
9.22%
12.31%

Pgina 45

Exemplo

R$ 93,710.68
R$ 105,673.45
R$ 82,746.82
R$ 94,096.22
R$ 82,192.63
R$ 88,337.20
R$ 87,566.11
R$ 92,683.32
R$ 81,807.09
R$ 82,746.82
R$ 94,264.87
R$ 87,566.11
R$ 81,421.55
R$ 75,276.98
R$ 87,566.11
R$ 82,322.72
R$ 88,337.20
R$ 82,746.82
R$ 82,746.82
R$ 82,746.82
R$ 94,096.22
R$ 105,322.95

R$23,710.68
R$40,673.45
R$17,746.82
R$24,096.22
R$12,192.63
R$18,337.20
R$12,566.11
R$17,683.32
R$1,807.09
R$12,746.82
R$14,264.87
R$2,566.11
R$1,421.55
R$10,276.98
R$17,566.11
R$2,322.72
R$3,337.20
R$7,746.82
R$12,746.82
R$7,746.82
R$24,096.22
R$20,322.95

17.27%
22.06%
16.35%
17.35%
13.80%
15.63%
13.70%
14.79%
10.51%
14.30%
14.23%
10.68%
10.40%
13.49%
15.46%
10.71%
10.88%
12.48%
14.30%
12.48%
17.35%
14.88%

Pgina 46

Exemplo

De

Freq

Freq Acum

-20000

-10000

-10000

10000

25

30

10000

20000

43

73

20000

30000

23

96

30000

40000

100

40000

50000

100

120
100
80

60
40

20
50
45
40
35
30
25
20
15
10
5
0

0
-20000 -10000

-10000

10000

20000

30000

Pgina 47

40000

50000

10000

20000

Exemplo

Pgina 48

Exemplo

Pgina 49

Exemplo

Pgina 50

Exemplo

Pgina 51

Exemplo

Pgina 52

Exemplo

Pgina 53

Exemplo

Pgina 54

Exemplo

Pgina 55

Exemplo

Pgina 56

Exemplo

Pgina 57

Exemplo

Pgina 58

Exemplo

Pgina 59

Exemplo

Pgina 60

Exemplo

Pgina 61

Exemplo

Pgina 62

Exemplo

Pgina 63

Exemplo

Pgina 64

Exemplo

Pgina 65

Exemplo

Pgina 66

Exemplo

Pgina 67

Exemplo

Pgina 68

Exemplo

Pgina 69

Exemplo

64

20000

30000

40000

50000

60000

Pgina 70

#REF!

Plan3

Dados:
Investimento=

70000

Receita=

14000

Valor residual=

5000

Vida=

10

TMA=

10%

Valor Negcio=
VPL=
TIR=

INVESTIMENTO
Valor
Dist.
65000
12
70000
35
75000
25
80000
15
85000
13

R$ 87,951.66
R$ 17,951.66
15.55%

Pgina 71

RECEITA
Valor
Dist.
12000
13000
14000
15000
16000

VALOR RESIDUAL
5
15
50
20
10

Plan3

VALOR RESIDUAL
Valor
Dist.
4000
30
5000
40
6000
30

VIDA
Anos
Dist.
9
10
11

35
45
20

Pgina 72

SIMULAO POR MONTE CARLO

Distribuio dos dados de entrada - Problema 1 da apostila
INVESTIMENTO
RECEITA
VIDA
TAXA
Valor Dist. acum. Valor Dist. acum.
Anos
Dist. acum.
220000
20
7800
20
18
30
5%
230000
50
23400
65
22
70
240000
85
39000
90
26
100
250000
100
54600
100

N
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34

INVESTIMENTO
N. aleat.
Valor
51
240000
96
250000
7
220000
99
250000
43
230000
74
240000
6
220000
11
220000
42
230000
54
240000
93
250000
42
230000
30
230000
83
240000
19
220000
48
230000
74
240000
50
230000
3
220000
52
240000
60
240000
37
230000
36
230000
68
240000
83
240000
98
250000
73
240000
11
220000
60
240000
40
230000
43
230000
75
240000
37
230000
72
240000

SIMULAO
RECEITA
VIDA
N. aleat.
Valor
N. aleatrio
Anos
71
54600
69
96
39000
67
99
39000
6
75
54600
71
46
23400
68
35
23400
2
28
23400
46
100
39000
66
2
7800
46
13
7800
3
33
23400
18
94
39000
29
82
54600
76
49
23400
32
32
23400
67
14
7800
22
59
23400
42
83
54600
52
53
23400
1
36
23400
42
90
54600
43
58
23400
100
22
23400
97
47
23400
57
67
54600
18
99
39000
68
67
54600
54
41
23400
25
61
23400
40
19
7800
97
66
54600
99
88
54600
78
84
54600
88
24
23400
84

Pgina 73

22
22
18
26
22
18
22
22
22
18
18
18
26
22
22
18
22
22
18
22
22
26
26
22
18
22
22
18
22
26
26
26
26
26

Valor Presente
Valor
R$478,699.94
R$263,357.10
R$235,893.89
R$534,885.12
R$78,014.26
R$33,536.33
R$88,014.26
R$293,357.10
(R$127,328.58)
(R$148,821.22)
R$23,536.33
R$225,893.89
R$554,885.12
R$68,014.26
R$88,014.26
(R$138,821.22)
R$68,014.26
R$488,699.94
R$53,536.33
R$68,014.26
R$478,699.94
R$106,379.34
R$106,379.34
R$68,014.26
R$398,251.44
R$263,357.10
R$478,699.94
R$53,536.33
R$68,014.26
(R$117,873.55)
R$554,885.12
R$544,885.12
R$554,885.12
R$96,379.34

SIMULAO POR MONTE CARLO

N
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76

INVESTIMENTO
N. aleat.
Valor
20
220000
66
240000
53
240000
32
230000
21
230000
81
240000
27
230000
54
240000
89
250000
32
230000
6
220000
38
230000
14
220000
72
240000
14
220000
34
230000
31
230000
20
220000
29
230000
42
230000
75
240000
87
250000
22
230000
21
230000
50
230000
74
240000
17
220000
33
230000
52
240000
94
250000
45
230000
58
240000
69
240000
47
230000
15
220000
17
220000
34
230000
94
250000
69
240000
97
250000
27
230000
41
230000

SIMULAO
RECEITA
VIDA
N. aleat.
Valor
N. aleatrio
Anos
87
54600
80
8
7800
27
14
7800
13
46
23400
67
18
7800
30
32
23400
85
77
54600
84
13
7800
58
73
54600
50
15
7800
64
90
54600
21
94
39000
85
88
54600
44
50
23400
69
40
23400
27
88
54600
38
4
7800
94
22
23400
79
26
23400
55
98
39000
67
91
39000
39
82
54600
31
12
7800
40
31
23400
55
97
39000
9
66
54600
44
3
7800
57
26
23400
53
87
54600
88
44
23400
5
3
7800
83
77
54600
38
87
54600
29
66
54600
74
4
7800
70
13
7800
53
33
23400
10
29
23400
34
89
54600
38
61
23400
80
56
23400
47
72
54600
35

Pgina 74

26
18
18
22
22
26
26
22
22
22
18
26
22
22
18
22
26
26
22
22
22
22
22
22
18
22
22
22
26
18
26
22
18
26
22
22
18
22
22
26
22
22

Valor Presente
Valor
R$564,885.12
(R$148,821.22)
(R$148,821.22)
R$78,014.26
(R$127,328.58)
R$96,379.34
R$554,885.12
(R$137,328.58)
R$468,699.94
(R$127,328.58)
R$418,251.44
R$330,632.23
R$498,699.94
R$68,014.26
R$53,536.33
R$488,699.94
(R$117,873.55)
R$116,379.34
R$78,014.26
R$283,357.10
R$273,357.10
R$468,699.94
(R$127,328.58)
R$78,014.26
R$225,893.89
R$478,699.94
(R$117,328.58)
R$78,014.26
R$544,885.12
R$23,536.33
(R$117,873.55)
R$478,699.94
R$398,251.44
R$554,885.12
(R$117,328.58)
(R$117,328.58)
R$43,536.33
R$58,014.26
R$478,699.94
R$86,379.34
R$78,014.26
R$488,699.94

SIMULAO POR MONTE CARLO

N
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100

INVESTIMENTO
N. aleat.
Valor
64
240000
44
230000
5
220000
94
250000
90
250000
89
250000
25
230000
5
220000
17
220000
38
230000
4
220000
18
220000
5
220000
90
250000
11
220000
1
220000
95
250000
39
230000
25
230000
10
220000
60
240000
41
230000
50
240000
10
220000

SIMULAO
RECEITA
VIDA
N. aleat.
Valor
N. aleatrio
Anos
26
23400
14
37
23400
35
36
23400
7
28
23400
24
22
23400
76
23
23400
97
54
23400
92
59
23400
99
17
7800
39
15
7800
46
59
23400
75
50
23400
2
14
7800
58
71
54600
20
20
23400
5
27
23400
95
84
54600
79
61
23400
80
99
39000
22
36
23400
50
54
23400
80
86
54600
46
84
54600
20
31
23400
73

Pgina 75

18
22
18
18
26
26
26
26
22
22
26
18
22
18
18
26
26
26
18
22
26
22
18
26

Valor Presente
Valor
R$33,536.33
R$78,014.26
R$53,536.33
R$23,536.33
R$86,379.34
R$86,379.34
R$106,379.34
R$116,379.34
(R$117,328.58)
(R$127,328.58)
R$116,379.34
R$53,536.33
(R$117,328.58)
R$388,251.44
R$53,536.33
R$116,379.34
R$534,885.12
R$106,379.34
R$225,893.89
R$88,014.26
R$96,379.34
R$488,699.94
R$398,251.44
R$116,379.34

SIMULAO POR MONTE CARLO

Mdia : R$174,190.49
D.P. amost :
226687.24
P(VP < 0)
t 0,05,99 :
Interv. 95%

Mximo:
Mnimo:
Bloco
-200000
0
200000
400000
600000

Pgina 76

22.11%
1.984216952
129210.83
Superior: 219170.16
Inferior:

R$564,885.12
(R$148,821.22)

SIMULAO POR MONTE CARLO

Mdia : R$174,190.49

Pgina 77

SIMULAO POR MONTE CARLO

Mdia : R$174,190.49

Pgina 78