PRSTAMO CON FECHAS FIJAS DE PAGO Y CUOTAS IGUALES AO CALENDARIO Y DIAS LABORABLES

Monto
S/. 50,000.00
Plazo (aos)
3
TEA
15.00%
Forma de pago Cuotas fijas mensuales
Desembolso
6-May-13
FFP
da 15 de cada mes
Tasa de 365 d.
VP de coefic.
Cuota mensual

15.2234%
29.0356
S/. 1,722.02

Si no se hubiese ajustado las fechas

VP de coefic.
Cuota mensual
Diferencia

29.0411
S/. 1,721.70
S/. 0.33

Periodo Fecha prelim

Inicio
6-May-13
1
15-Jun-13
2
15-Jul-13
3
15-Aug-13
4
15-Sep-13
5
15-Oct-13
6
15-Nov-13
7
15-Dec-13
8
15-Jan-14
9
15-Feb-14
10
15-Mar-14
11
15-Apr-14
12
15-May-14
13
15-Jun-14
14
15-Jul-14
15
15-Aug-14
16
15-Sep-14
17
15-Oct-14
18
15-Nov-14
19
15-Dec-14
20
15-Jan-15
21
15-Feb-15
22
15-Mar-15
23
15-Apr-15
24
15-May-15
25
15-Jun-15
26
15-Jul-15
27
15-Aug-15
28
15-Sep-15
29
15-Oct-15
30
15-Nov-15
31
15-Dec-15
32
15-Jan-16
33
15-Feb-16
34
15-Mar-16
35
15-Apr-16
36
15-May-16

Da Sem. Fecha clculo

1
6-May-13
6
17-Jun-13
1
15-Jul-13
4
15-Aug-13
7
16-Sep-13
2
15-Oct-13
5
15-Nov-13
7
16-Dec-13
3
15-Jan-14
6
17-Feb-14
6
17-Mar-14
2
15-Apr-14
4
15-May-14
7
16-Jun-14
2
15-Jul-14
5
15-Aug-14
1
15-Sep-14
3
15-Oct-14
6
17-Nov-14
1
15-Dec-14
4
15-Jan-15
7
16-Feb-15
7
16-Mar-15
3
15-Apr-15
5
15-May-15
1
15-Jun-15
3
15-Jul-15
6
17-Aug-15
2
15-Sep-15
4
15-Oct-15
7
16-Nov-15
2
15-Dec-15
5
15-Jan-16
1
15-Feb-16
2
15-Mar-16
5
15-Apr-16
7
16-May-16

Coefic.
0.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00

N das

Tasa periodo

42
28
31
32
29
31
31
30
33
28
29
30
32
29
31
31
30
33
28
31
32
28
30
30
31
30
33
29
30
32
29
31
31
29
31
31

1.6439%
1.0930%
1.2108%
1.2501%
1.1322%
1.2108%
1.2108%
1.1715%
1.2894%
1.0930%
1.1322%
1.1715%
1.2501%
1.1322%
1.2108%
1.2108%
1.1715%
1.2894%
1.0930%
1.2108%
1.2501%
1.0930%
1.1715%
1.1715%
1.2108%
1.1715%
1.2894%
1.1322%
1.1715%
1.2501%
1.1322%
1.2108%
1.2108%
1.1322%
1.2108%
1.2108%

S. Inicial
50,000.00
49,099.94
47,914.56
46,772.67
45,635.34
44,430.01
43,245.93
42,047.52
40,818.08
39,622.36
38,333.39
37,045.39
35,757.35
34,482.31
33,150.71
31,830.06
30,493.43
29,128.63
27,782.19
26,363.81
24,961.00
23,551.00
22,086.38
20,623.10
19,142.67
17,652.42
16,137.19
14,623.24
13,066.78
11,497.83
9,919.54
8,309.83
6,688.42
5,047.37
3,382.49
1,701.42

Intereses
821.96
536.65
580.14
584.69
516.69
537.95
523.61
492.58
526.31
433.06
434.02
433.98
446.99
390.42
401.38
385.39
357.23
375.58
303.65
319.21
312.03
257.40
258.74
241.60
231.78
206.80
208.07
165.57
153.08
143.73
112.31
100.61
80.98
57.15
40.95
20.60

Amortiz
900.06
1,185.38
1,141.89
1,137.33
1,205.33
1,184.08
1,198.41
1,229.44
1,195.72
1,288.97
1,288.01
1,288.04
1,275.03
1,331.61
1,320.64
1,336.63
1,364.80
1,346.44
1,418.37
1,402.82
1,409.99
1,464.62
1,463.28
1,480.43
1,490.25
1,515.23
1,513.95
1,556.46
1,568.95
1,578.29
1,609.71
1,621.41
1,641.04
1,664.88
1,681.07
1,701.42

Cuota

S. Final

1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02
1,722.02

49,099.94
47,914.56
46,772.67
45,635.34
44,430.01
43,245.93
42,047.52
40,818.08
39,622.36
38,333.39
37,045.39
35,757.35
34,482.31
33,150.71
31,830.06
30,493.43
29,128.63
27,782.19
26,363.81
24,961.00
23,551.00
22,086.38
20,623.10
19,142.67
17,652.42
16,137.19
14,623.24
13,066.78
11,497.83
9,919.54
8,309.83
6,688.42
5,047.37
3,382.49
1,701.42
0.00

PRSTAMO CON FECHAS FIJAS DE PAGO Y CUOTAS IGUALES AO CALENDARIO Y DIAS LABORABLES
Monto
S/. 299,110.00
Plazo (aos)
7
TEA
8.10%
Forma de pago Cuotas fijas mensuales
Desembolso
5-Nov-12
FFP
da 30 de cada mes
Seguros
0.020%
mensual
Portes
S/. 2.00
Tasa de 365 d.

8.2170%

Cuota mensual

S/. 4,715.28

Costo efectivo anual (TCEA)

8.4929%

Periodo Fecha prelim Da Sem. Fecha clculo

Inicio
5-Nov-12
1
5-Nov-12
1
30-Dec-12
7
31-Dec-12
2
30-Jan-13
3
30-Jan-13
3
28-Feb-13
4
28-Feb-13
4
30-Mar-13
6
1-Apr-13
5
30-Apr-13
2
30-Apr-13
6
30-May-13
4
30-May-13
7
30-Jun-13
7
1-Jul-13
8
30-Jul-13
2
30-Jul-13
9
30-Aug-13
5
30-Aug-13
10
30-Sep-13
1
30-Sep-13
11
30-Oct-13
3
30-Oct-13
12
30-Nov-13
6
2-Dec-13
13
30-Dec-13
1
30-Dec-13
14
30-Jan-14
4
30-Jan-14
15
28-Feb-14
5
28-Feb-14
16
30-Mar-14
7
31-Mar-14
17
30-Apr-14
3
30-Apr-14
18
30-May-14
5
30-May-14
19
30-Jun-14
1
30-Jun-14
20
30-Jul-14
3
30-Jul-14
21
30-Aug-14
6
1-Sep-14
22
30-Sep-14
2
30-Sep-14
23
30-Oct-14
4
30-Oct-14
24
30-Nov-14
7
1-Dec-14
25
30-Dec-14
2
30-Dec-14
26
30-Jan-15
5
30-Jan-15
27
28-Feb-15
6
2-Mar-15
28
30-Mar-15
1
30-Mar-15
29
30-Apr-15
4
30-Apr-15
30
30-May-15
6
1-Jun-15
31
30-Jun-15
2
30-Jun-15
32
30-Jul-15
4
30-Jul-15
33
30-Aug-15
7
31-Aug-15
34
30-Sep-15
3
30-Sep-15
35
30-Oct-15
5
30-Oct-15
36
30-Nov-15
1
30-Nov-15
37
30-Dec-15
3
30-Dec-15
38
30-Jan-16
6
1-Feb-16
39
29-Feb-16
1
29-Feb-16
40
30-Mar-16
3
30-Mar-16
41
30-Apr-16
6
2-May-16
42
30-May-16
1
30-May-16
43
30-Jun-16
4
30-Jun-16

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
79
80
81
82
83
84

30-Jul-16
30-Aug-16
30-Sep-16
30-Oct-16
30-Nov-16
30-Dec-16
30-Jan-17
28-Feb-17
30-Mar-17
30-Apr-17
30-May-17
30-Jun-17
30-Jul-17
30-Aug-17
30-Sep-17
30-Oct-17
30-Nov-17
30-Dec-17
30-Jan-18
28-Feb-18
30-Mar-18
30-Apr-18
30-May-18
30-Jun-18
30-Jul-18
30-Aug-18
30-Sep-18
30-Oct-18
30-Nov-18
30-Dec-18
30-Jan-19
28-Feb-19
30-Mar-19
30-Apr-19
30-May-19
30-Jun-19
30-Jul-19
30-Aug-19
30-Sep-19
30-Oct-19
30-Nov-19

6
2
5
7
3
5
1
2
4
7
2
5
7
3
6
1
4
6
2
3
5
1
3
6
1
4
7
2
5
7
3
4
6
2
4
7
2
5
1
3
6

1-Aug-16
30-Aug-16
30-Sep-16
31-Oct-16
30-Nov-16
30-Dec-16
30-Jan-17
28-Feb-17
30-Mar-17
1-May-17
30-May-17
30-Jun-17
31-Jul-17
30-Aug-17
2-Oct-17
30-Oct-17
30-Nov-17
1-Jan-18
30-Jan-18
28-Feb-18
30-Mar-18
30-Apr-18
30-May-18
2-Jul-18
30-Jul-18
30-Aug-18
1-Oct-18
30-Oct-18
30-Nov-18
31-Dec-18
30-Jan-19
28-Feb-19
1-Apr-19
30-Apr-19
30-May-19
1-Jul-19
30-Jul-19
30-Aug-19
30-Sep-19
30-Oct-19
2-Dec-19

IAS LABORABLES
Fecha ajustada
5-Nov-12
31-Dec-12
30-Jan-13
28-Feb-13
1-Apr-13
30-Apr-13
30-May-13
1-Jul-13
30-Jul-13
2-Sep-13
30-Sep-13
30-Oct-13
2-Dec-13
30-Dec-13
30-Jan-14
28-Feb-14
31-Mar-14
30-Apr-14
30-May-14
30-Jun-14
30-Jul-14
1-Sep-14
30-Sep-14
30-Oct-14
1-Dec-14
30-Dec-14
30-Jan-15
2-Mar-15
30-Mar-15
30-Apr-15
1-Jun-15
30-Jun-15
30-Jul-15
31-Aug-15
30-Sep-15
30-Oct-15
30-Nov-15
30-Dec-15
1-Feb-16
29-Feb-16
30-Mar-16
2-May-16
30-May-16
30-Jun-16

Coefic.
0.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00

N das Tasa periodo

56
30
29
32
29
30
32
29
34
28
30
33
28
31
29
31
30
30
31
30
33
29
30
32
29
31
31
28
31
32
29
30
32
30
30
31
30
33
28
30
33
28
31

1.2189%
0.6512%
0.6294%
0.6947%
0.6294%
0.6512%
0.6947%
0.6294%
0.7383%
0.6076%
0.6512%
0.7165%
0.6076%
0.6729%
0.6294%
0.6729%
0.6512%
0.6512%
0.6729%
0.6512%
0.7165%
0.6294%
0.6512%
0.6947%
0.6294%
0.6729%
0.6729%
0.6076%
0.6729%
0.6947%
0.6294%
0.6512%
0.6947%
0.6512%
0.6512%
0.6729%
0.6512%
0.7165%
0.6076%
0.6512%
0.7165%
0.6076%
0.6729%

S. inicial
299,110.00
298,154.35
295,442.18
292,645.51
290,027.75
287,195.96
284,410.24
281,733.51
278,847.91
276,256.59
273,273.47
270,394.31
267,677.94
264,641.10
261,763.40
258,748.24
255,829.67
252,833.43
249,817.08
246,836.56
243,779.97
240,867.04
237,716.32
234,598.52
231,565.10
228,354.05
225,224.66
222,073.56
218,751.10
215,555.11
212,385.33
209,049.85
205,739.64
202,499.58
199,145.41
195,768.73
192,413.32
188,991.46
185,673.91
182,123.48
178,632.56
175,238.51
171,622.73

Intereses
3,645.96
1,941.48
1,859.49
2,033.09
1,825.41
1,870.12
1,975.87
1,773.21
2,058.75
1,678.60
1,779.46
1,937.42
1,626.47
1,780.89
1,647.52
1,741.23
1,665.87
1,646.36
1,681.13
1,607.31
1,746.72
1,516.00
1,547.93
1,629.82
1,457.45
1,536.69
1,515.64
1,349.37
1,472.07
1,497.52
1,336.74
1,361.26
1,429.33
1,318.61
1,296.77
1,317.41
1,252.93
1,354.15
1,128.20
1,185.93
1,279.93
1,064.79
1,154.92

Amortiz
955.65
2,712.17
2,796.67
2,617.76
2,831.80
2,785.72
2,676.73
2,885.60
2,591.32
2,983.11
2,879.16
2,716.38
3,036.84
2,877.70
3,015.15
2,918.57
2,996.24
3,016.35
2,980.52
3,056.60
2,912.93
3,150.71
3,117.81
3,033.41
3,211.06
3,129.39
3,151.10
3,322.46
3,196.00
3,169.77
3,335.48
3,310.21
3,240.06
3,354.17
3,376.68
3,355.41
3,421.87
3,317.55
3,550.42
3,490.93
3,394.05
3,615.78
3,522.89

Seguro
111.67
59.63
57.12
62.43
56.07
57.44
60.67
54.47
63.21
51.57
54.65
59.49
49.97
54.69
50.61
53.47
51.17
50.57
51.63
49.37
53.63
46.57
47.54
50.05
44.77
47.19
46.55
41.45
45.21
45.99
41.06
41.81
43.89
40.50
39.83
40.46
38.48
41.58
34.66
36.42
39.30
32.71
35.47

1-Aug-16
31-Aug-16
30-Sep-16
31-Oct-16
30-Nov-16
30-Dec-16
30-Jan-17
28-Feb-17
30-Mar-17
2-May-17
30-May-17
30-Jun-17
31-Jul-17
31-Aug-17
2-Oct-17
30-Oct-17
30-Nov-17
2-Jan-18
30-Jan-18
28-Feb-18
2-Apr-18
30-Apr-18
30-May-18
2-Jul-18
30-Jul-18
31-Aug-18
1-Oct-18
30-Oct-18
30-Nov-18
31-Dec-18
30-Jan-19
28-Feb-19
1-Apr-19
30-Apr-19
30-May-19
1-Jul-19
30-Jul-19
2-Sep-19
30-Sep-19
30-Oct-19
2-Dec-19

1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00

32
30
30
31
30
30
31
29
30
33
28
31
31
31
32
28
31
33
28
29
33
28
30
33
28
32
31
29
31
31
30
29
32
29
30
32
29
34
28
30
33

0.6947%
0.6512%
0.6512%
0.6729%
0.6512%
0.6512%
0.6729%
0.6294%
0.6512%
0.7165%
0.6076%
0.6729%
0.6729%
0.6729%
0.6947%
0.6076%
0.6729%
0.7165%
0.6076%
0.6294%
0.7165%
0.6076%
0.6512%
0.7165%
0.6076%
0.6947%
0.6729%
0.6294%
0.6729%
0.6729%
0.6512%
0.6294%
0.6947%
0.6294%
0.6512%
0.6947%
0.6294%
0.7383%
0.6076%
0.6512%
0.7165%

168,099.84
164,590.26
160,981.65
157,348.83
153,726.94
150,045.42
146,339.20
142,640.94
138,853.01
135,071.67
131,355.91
127,465.30
123,636.14
119,780.41
115,897.94
112,014.56
108,002.82
104,038.66
100,093.72
96,007.32
91,916.86
87,882.41
83,719.53
79,568.14
75,442.49
71,201.70
66,998.27
62,749.69
58,443.49
54,135.58
49,797.79
45,418.74
41,000.10
36,580.41
32,104.44
27,606.63
23,091.04
18,527.55
13,955.27
9,329.39
4,678.73

1,167.83
1,071.75
1,048.26
1,058.87
1,001.02
977.04
984.78
897.77
904.16
967.81
798.15
857.77
832.00
806.05
805.17
680.63
726.80
745.45
608.19
604.26
658.60
533.99
545.15
570.12
458.41
494.66
450.86
394.94
393.29
364.30
324.27
285.86
284.84
230.23
209.05
191.79
145.33
136.79
84.80
60.75
33.52

3,509.58
3,608.61
3,632.83
3,621.89
3,681.52
3,706.23
3,698.25
3,787.93
3,781.35
3,715.75
3,890.61
3,829.17
3,855.73
3,882.47
3,883.38
4,011.74
3,964.16
3,944.94
4,086.40
4,090.45
4,034.46
4,162.88
4,151.38
4,125.66
4,240.79
4,203.43
4,248.57
4,306.21
4,307.91
4,337.79
4,379.05
4,418.64
4,419.69
4,475.97
4,497.80
4,515.60
4,563.48
4,572.29
4,625.88
4,650.66
4,678.73

35.86
32.92
32.20
32.52
30.75
30.01
30.24
27.58
27.77
29.72
24.52
26.34
25.55
24.75
24.72
20.91
22.32
22.89
18.68
18.56
20.22
16.40
16.74
17.50
14.08
15.19
13.85
12.13
12.08
11.19
9.96
8.78
8.75
7.07
6.42
5.89
4.46
4.20
2.60
1.87
1.03

Portes
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00

Cuota
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28

S. Final
298,154.35
295,442.18
292,645.51
290,027.75
287,195.96
284,410.24
281,733.51
278,847.91
276,256.59
273,273.47
270,394.31
267,677.94
264,641.10
261,763.40
258,748.24
255,829.67
252,833.43
249,817.08
246,836.56
243,779.97
240,867.04
237,716.32
234,598.52
231,565.10
228,354.05
225,224.66
222,073.56
218,751.10
215,555.11
212,385.33
209,049.85
205,739.64
202,499.58
199,145.41
195,768.73
192,413.32
188,991.46
185,673.91
182,123.48
178,632.56
175,238.51
171,622.73
168,099.84

CLCULO DEL TCEA

Periodo
Fecha
Flujo
Inicio
5-Nov-12 S/. 299,110.00
1
31-Dec-12
S/. -4,715.28
2
30-Jan-13
S/. -4,715.28
3
28-Feb-13
S/. -4,715.28
4
1-Apr-13
S/. -4,715.28
5
30-Apr-13
S/. -4,715.28
6
30-May-13
S/. -4,715.28
7
1-Jul-13
S/. -4,715.28
8
30-Jul-13
S/. -4,715.28
9
2-Sep-13
S/. -4,715.28
10
30-Sep-13
S/. -4,715.28
11
30-Oct-13
S/. -4,715.28
12
2-Dec-13
S/. -4,715.28
13
30-Dec-13
S/. -4,715.28
14
30-Jan-14
S/. -4,715.28
15
28-Feb-14
S/. -4,715.28
16
31-Mar-14
S/. -4,715.28
17
30-Apr-14
S/. -4,715.28
18
30-May-14
S/. -4,715.28
19
30-Jun-14
S/. -4,715.28
20
30-Jul-14
S/. -4,715.28
21
1-Sep-14
S/. -4,715.28
22
30-Sep-14
S/. -4,715.28
23
30-Oct-14
S/. -4,715.28
24
1-Dec-14
S/. -4,715.28
25
30-Dec-14
S/. -4,715.28
26
30-Jan-15
S/. -4,715.28
27
2-Mar-15
S/. -4,715.28
28
30-Mar-15
S/. -4,715.28
29
30-Apr-15
S/. -4,715.28
30
1-Jun-15
S/. -4,715.28
31
30-Jun-15
S/. -4,715.28
32
30-Jul-15
S/. -4,715.28
33
31-Aug-15
S/. -4,715.28
34
30-Sep-15
S/. -4,715.28
35
30-Oct-15
S/. -4,715.28
36
30-Nov-15
S/. -4,715.28
37
30-Dec-15
S/. -4,715.28
38
1-Feb-16
S/. -4,715.28
39
29-Feb-16
S/. -4,715.28
40
30-Mar-16
S/. -4,715.28
41
2-May-16
S/. -4,715.28
42
30-May-16
S/. -4,715.28
43
30-Jun-16
S/. -4,715.28

2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00

4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28
4,715.28

164,590.26
160,981.65
157,348.83
153,726.94
150,045.42
146,339.20
142,640.94
138,853.01
135,071.67
131,355.91
127,465.30
123,636.14
119,780.41
115,897.94
112,014.56
108,002.82
104,038.66
100,093.72
96,007.32
91,916.86
87,882.41
83,719.53
79,568.14
75,442.49
71,201.70
66,998.27
62,749.69
58,443.49
54,135.58
49,797.79
45,418.74
41,000.10
36,580.41
32,104.44
27,606.63
23,091.04
18,527.55
13,955.27
9,329.39
4,678.73
0.00

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
79
80
81
82
83
84

1-Aug-16
31-Aug-16
30-Sep-16
31-Oct-16
30-Nov-16
30-Dec-16
30-Jan-17
28-Feb-17
30-Mar-17
2-May-17
30-May-17
30-Jun-17
31-Jul-17
31-Aug-17
2-Oct-17
30-Oct-17
30-Nov-17
2-Jan-18
30-Jan-18
28-Feb-18
2-Apr-18
30-Apr-18
30-May-18
2-Jul-18
30-Jul-18
31-Aug-18
1-Oct-18
30-Oct-18
30-Nov-18
31-Dec-18
30-Jan-19
28-Feb-19
1-Apr-19
30-Apr-19
30-May-19
1-Jul-19
30-Jul-19
2-Sep-19
30-Sep-19
30-Oct-19
2-Dec-19

S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28
S/. -4,715.28

CASO TALLER DE MECNICA

Inversin proyectada
Alquiler local
Refaccin local
Compra maquinaria
Compra mobiliario
Licencias y otros
Capital de trabajo
Total inversin

$90,000
$30,000
$230,000
$20,000
$10,000
$20,000
$400,000

Financiacin proyectada - Alternativa 1

Recursos propios
$400,000

Financiacin proyectada - Alternativa 2

Deuda bancaria
$175,000
Recursos propios
$225,000
Total financiacin
$400,000

Inv. Fija deprec.

$90,000
20%
$30,000
20%
$230,000
15%
$20,000
20%
$10,000
20%
$380,000

TALLER DE MECNICA - FINANCIAMIENTO CON ALTERNATIVA 1

Presupuesto de operaciones
Proyeccin de vehculos a atender (mensual)
Rubro
Ao 1
Ao 2
Reparacin
60
80
Planch. y pint.
50
70

Ao 3
80
70

Ao 4
80
70

Ao 5
80
70

Tarifario de ingresos (por cada vehculo)

Reparacin
$180
Planch. y pint.
$250
Ventas proyectadas (anuales)
Rubro
Ao 1
Ao 2
Ao 3
Ao 4
Ao 5
Reparacin
$129,600
$172,800 $172,800 $172,800 $172,800
Planch. y pint.
$150,000
$210,000 $210,000 $210,000 $210,000
Total ventas
$279,600 $382,800 $382,800 $382,800 $382,800
Costos y gastos proyectados (anual)
Rubro
Ao 1
Costos variables
$111,840
Planillas fijas
$33,600
Otros fijos
$14,400
Total costos
$159,840

Ao 2
$153,120
$33,600
$14,400
$201,120

Ao 3
$153,120
$33,600
$14,400
$201,120

Ao 4
$153,120
$33,600
$14,400
$201,120

Ao 5
$153,120
$33,600
$14,400
$201,120

Depreciacin proyectada (anual)

Rubro
Ao 1
Maquinaria
$34,500
Mobiliario
$4,000
No tangibles
$26,000
Total
$64,500

Ao 2
$34,500
$4,000
$26,000
$64,500

Ao 3
$34,500
$4,000
$26,000
$64,500

Ao 4
$34,500
$4,000
$26,000
$64,500

Ao 5
$34,500
$4,000
$26,000
$64,500

ESTADO DE RESULTADOS PROYECTADOS

Rubro
Ao 1
Ao 2
Ventas
279,600
382,800
Costos y gastos
-159,840 -201,120
Depreciacin
-64,500
-64,500
Utilidad operativa
55,260
117,180
Intereses deudas
0
0
Ut. antes impto
55,260
117,180
Impuesto a renta
-16,578
-35,154
Utilidad neta
$38,682
$82,026

Ao 3
382,800
-201,120
-64,500
117,180
0
117,180
-35,154
$82,026

Ao 4
382,800
-201,120
-64,500
117,180
0
117,180
-35,154
$82,026

Ao 5
382,800
-201,120
-64,500
117,180
0
117,180
-35,154
$82,026

CTO proyectado
CTO es 25% de ventas
Cambio en CTO

Ao 2
$95,700
$25,800

Ao 3
$95,700
$0

Ao 4
$95,700
$0

Inicio
$20,000

Ao 1
$69,900
$49,900

Ao 5
$95,700
$0

FLUJO DE CAJA PROYECTADO

Rubro
Ao 1
Utilidad neta
$38,682
(+) Depreciacin
$64,500
= Generacin interna
$103,182
(-) Cambio en CTO
-$49,900
(-) CAPEX
$0
= Flujo para empresa
$53,282
(-) Amortiz. Deudas
$0
= Flujo para socios
$53,282
(+) VT del CTO
(+) VT de inv. Fija
=Flujo socios con VT
$53,282
VT de inversin fija
Valor de venta ao 5
Valor no depreciado
Utilidad en venta
Impuesto a renta
Valor de venta neto

Ao 2
$82,026
$64,500
$146,526
-$25,800
$0
$120,726
$0
$120,726

Ao 3
$82,026
$64,500
$146,526
$0
$0
$146,526
$0
$146,526

Ao 4
$82,026
$64,500
$146,526
$0
$0
$146,526
$0
$146,526

$120,726

$146,526

$146,526

Depreciacin acumulada
Maquinaria $172,500
Mobiliario
$20,000
Total
$192,500

$100,000
$57,500
$42,500
$12,750
$87,250

Costo capital propio

20%
Valor presente de los flujos
Inversin efectuada por socios
VALOR PRESENTE NETO
Clculo de Tasa Interna de Retorno
Flujos de caja
-$400,000
TIR
21.4%

Ao 5
$82,026
$64,500
$146,526
$0
$0
$146,526
$0
$146,526
$95,700
$87,250
$329,476

anual
$416,106
$400,000
$16,106

$53,282

$120,726

$146,526

$146,526

$329,476

Periodo de Recuperacin de la Inversin

Sin tomar en cuenta el rendimiento
Ao 1
Flujo acumulado
$53,282

Ao 2
$174,008

Ao 3
$320,534

Ao 4
$467,060

Ao 5

Relacin Beneficio /Costo

4.0%

TALLER DE MECNICA - FINANCIAMIENTO CON ALTERNATIVA 2

Presupuesto de operaciones
Proyeccin de vehculos a atender (mensual)
Rubro
Ao 1
Ao 2
Reparacin
60
80
Planch. y pint.
50
70

Ao 3
80
70

Ao 4
80
70

Ao 5
80
70

Tarifario de ingresos (por cada vehculo)

Reparacin
$180
Planch. y pint.
$250
Ventas proyectadas (anuales)
Rubro
Ao 1
Ao 2
Ao 3
Ao 4
Ao 5
Reparacin
$129,600
$172,800 $172,800 $172,800 $172,800
Planch. y pint.
$150,000
$210,000 $210,000 $210,000 $210,000
Total ventas
$279,600 $382,800 $382,800 $382,800 $382,800
Costos y gastos proyectados (anual)
Rubro
Ao 1
Costos variables
$111,840
Planillas fijas
$33,600
Otros fijos
$14,400
Total costos
$159,840

Ao 2
$153,120
$33,600
$14,400
$201,120

Ao 3
$153,120
$33,600
$14,400
$201,120

Ao 4
$153,120
$33,600
$14,400
$201,120

Ao 5
$153,120
$33,600
$14,400
$201,120

Depreciacin proyectada (anual)

Rubro
Ao 1
Maquinaria
$34,500
Mobiliario
$4,000
No tangibles
$26,000
Total
$64,500

Ao 2
$34,500
$4,000
$26,000
$64,500

Ao 3
$34,500
$4,000
$26,000
$64,500

Ao 4
$34,500
$4,000
$26,000
$64,500

Ao 5
$34,500
$4,000
$26,000
$64,500

ESTADO DE RESULTADOS PROYECTADOS

Rubro
Ao 1
Ao 2
Ventas
279,600
382,800
Costos y gastos
-159,840 -201,120
Depreciacin
-64,500
-64,500
Utilidad operativa
55,260
117,180
Intereses deudas
-22,750
-18,200
Ut. antes impto
32,510
98,980
Impuesto a renta
-9,753
-29,694
Utilidad neta
$22,757
$69,286

Ao 3
382,800
-201,120
-64,500
117,180
-13,650
103,530
-31,059
$72,471

Ao 4
382,800
-201,120
-64,500
117,180
-9,100
108,080
-32,424
$75,656

Ao 5
382,800
-201,120
-64,500
117,180
-4,550
112,630
-33,789
$78,841

CTO proyectado
CTO es 25% de ventas
Cambio en CTO

Ao 2
$95,700
$25,800

Ao 3
$95,700
$0

Ao 4
$95,700
$0

Inicio
$20,000

Ao 1
$69,900
$49,900

Ao 5
$95,700
$0

FLUJO DE CAJA PROYECTADO

Rubro
Ao 1
Utilidad neta
$22,757
(+) Depreciacin
$64,500
= Generacin interna
$87,257
(-) Cambio en CTO
-$49,900
(-) CAPEX
$0
= Flujo para empresa
$37,357
(-) Amortiz. Deudas
-$35,000
= Flujo para socios
$2,357
(+) VT del CTO
(+) VT de inv. Fija
=Flujo socios con VT
$2,357
VT de inversin fija
Valor de venta ao 5
Valor no depreciado
Utilidad en venta
Impuesto a renta
Valor de venta neto

Ao 2
$69,286
$64,500
$133,786
-$25,800
$0
$107,986
-$35,000
$72,986

Ao 3
$72,471
$64,500
$136,971
$0
$0
$136,971
-$35,000
$101,971

Ao 4
$75,656
$64,500
$140,156
$0
$0
$140,156
-$35,000
$105,156

$72,986

$101,971

$105,156

Depreciacin acumulada
Maquinaria $172,500
Mobiliario
$20,000
Total
$192,500

$100,000
$57,500
$42,500
$12,750
$87,250

Costo capital propio

20%
Valor presente de los flujos
Inversin efectuada por socios
VALOR PRESENTE NETO
Clculo de Tasa Interna de Retorno
Flujos de caja
-$225,000
TIR
27.1%

Ao 5
$78,841
$64,500
$143,341
$0
$0
$143,341
-$35,000
$108,341
$95,700
$87,250
$291,291

anual
$279,435
$225,000
$54,435

$2,357

$72,986

$101,971

$105,156

$291,291

Periodo de Recuperacin de la Inversin

Sin tomar en cuenta el rendimiento
Ao 1
Flujo acumulado
$2,357

Ao 2
$75,343

Ao 3
$177,314

Ao 4
$282,470

Ao 5

Relacin Beneficio /Costo

24.2%

Cuadro de amortizacin de deuda

Periodo
S. inicial
Intereses
1
175,000
22,750
2
140,000
18,200
3
105,000
13,650
4
70,000
9,100
5
35,000
4,550
22,750
18,200
13,650
9,100
4,550

Tasa
Amortiz.
35,000
35,000
35,000
35,000
35,000
35,000
35,000
35,000
35,000
35,000

13%
Pago total
57,750
53,200
48,650
44,100
39,550

S. Final
140,000
105,000
70,000
35,000
0

Resumen de escenario
Valores actuales:

Escenario Base

Escenario N 1

Escenario N 2

Celdas cambiantes:
$B$7
60
60
55
50
$C$7
80
80
75
70
$B$8
50
50
45
40
$C$8
70
70
65
60
Celdas de resultado:
$C$74
$54,435
$54,435
$39,522
$24,610
$B$78
27.1%
27.1%
25.1%
23.1%
$C$84
24.2%
24.2%
17.6%
10.9%
Notas: La columna de valores actuales representa los valores de las celdas cambiantes
en el momento en que se cre el Informe resumen de escenario. Las celdas cambiantes de
cada escenario se muestran en gris.
Probabilidad
VPN esperado

50%
$40,268

25%

15%

Escenario N 3

40
60
30
50
-$5,216
19.4%
-2.3%

10%

100%