FECHA

PERIODO

10/20/1996
20 de enero de 1997
20 de abril de 1997
20 de julio de 1997
20 de octubre de 1997
20 de enero de 1998
20 de abril de 1998
20 de julio de 1998
20 de octubre de 1998
20 de enero de 1999
20 de abril de 1999
20 de julio de 1999
20 de octubre de 1999
20 de enero de 2000
20 de abril de 2000
20 de julio de 2000
20 de octubre de 2000
20 de enero de 2001
20 de abril de 2001
20 de julio de 2001
20 de octubre de 2001
20 de enero de 2002
20 de abril de 2002
20 de julio de 2002
20 de octubre de 2002
20 de enero de 2003
20 de abril de 2003
20 de julio de 2003
20 de octubre de 2003
20 de enero de 2004
20 de abril de 2004
20 de julio de 2004
20 de octubre de 2004
20 de enero de 2005
20 de abril de 2005
20 de julio de 2005

ORIGINAL
0
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
35

TASA=
VAN=

PROP. CAMBIO
0
0
10000
0
10000
0
10000
0
10000
0
10000
0
10000 41172.8718
10000 41172.8718
10000 41172.8718
10000 41172.8718
10000 41172.8718
10000 41172.8718
10000
10000
Un
documento estipula pagos trimestrales de
10000 iniciado el primer pago el 20 de julio del a
$10000,
2005.
10000Si se desea cambiar este documento por que
estipule
10000 pagos trimestrales de R comenzando el 20
de
abril de 1998 y terminandp el 20 de julio de 199
10000
hallar el valor de la cuota, suponga un tasa del 20%
10000
NT
10000
10000
10000
10000
10000
10000
10000
10000
10000
10000
10000
10000
10000
10000
10000
10000
10000

0.05
0.05
$163,741.94 $163,741.94

DEUDA=
V/R PAGO=
TASA=

-800000
78000
0.075

NUM PER

20.275493016

NUM PER=
V/R PRESENTE
800000-V/R PRESENTE=
NUM PER=
V/R FINAL=

21
-$22,054.42

PERIODO

VALOR
0
1
2
3
4
5
6
7
8
9
10

TIR

20
-$795,170.33
$4,829.67

-600
-213.29
40
60
80
100
120
140
160
180
200
4%

Una deuda de $800.000 va a ser cancelada en pagos trim

$78.000 durante tanto tiempo como se quiera. Suponiend
del 30% trimestral.
a) Cuantos pagos de $78.000 deben hacerse?
b) Con qu pago final hecho 3 meses despus del ltimo
$78.00 cancelar la deuda.

PERIODO

COSTOS FIJOS PRODUCCION

0
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
35
36

600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000
600000

0
0
0
0
0
0
300
500
700
900
1100
1300
1500
1700
1900
2100
2300
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500
2500

COSTO UNITACOSTO VARIA

150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150
150

0
0
0
0
0
0
45000
75000
105000
135000
165000
195000
225000
255000
285000
315000
345000
375000
375000
375000
375000
375000
375000
375000
375000
375000
375000
375000
375000
375000
375000
375000
375000
375000
375000
375000
TASA
VAN

PERIODO
0
1
2
3
4
5
6
7
8
9
10
11
12

SALDO
INTERES
PAGO
AMORTIZACIO
3000000
2783853
90000 306146.701 216146.701
2561222 83515.5989689 306146.701 222631.102
2331912 76836.6659068 306146.701 229310.035
2107382 81616.9256617 306146.701 224529.775
1874994 73758.3835235 306146.701 232388.318
1634472 65624.7924105 306146.701 240521.909
1393704 65378.8864097 306146.701 240767.815
1143306 55748.1738246 306146.701 250398.527
882891 45732.2327361 306146.701 260414.468
594402 17657.827002 306146.701 288488.874
300144 11888.0495213 306146.701 294258.652
0 6002.87649094 306146.701 300143.825

pagos trimestrales de
er pago el 20 de julio del ao
iar este documento por que
ales de R comenzando el 20
nandp el 20 de julio de 1999.
a, suponga un tasa del 20%

ser cancelada en pagos trimestrales de

como se quiera. Suponiendo una tasa

deben hacerse?
meses despus del ltimo pago de

COSTO TOTAL
600000
600000
600000
600000
600000
600000
645000
675000
705000
735000
765000
795000
825000
855000
885000
915000
945000
975000
975000
975000
975000
975000
975000
975000
975000
975000
975000
975000
975000
975000
975000
975000
975000
975000
975000
975000
0.03
$17,791,599.60

TASA
0.03
0.03
0.03
0.035
0.035
0.035
0.04
0.04
0.04
0.02
0.02
0.02

AOS

VALOR EN MILLONES
1
50
40.236
2
55
53.339
3
62
66.442
4
77
79.545
5
89
92.648
6
100
105.751
7
115
118.854
8
130
131.957
9
147
145.06
10
167
158.163
11
171.266
12
184.369
13
197.472
27.133
27.133

VALOR EN MIL
200

150

100

50

0
0

AO
1
2
3
4
5
6
7
8
9
10
11
12

DEMANDA
1992
9000
1993
18000
1994
27800
1995
32500
1996
38150
1997
42400
1998
42800
1999
45010
2000
47450
2001
49630
2002
2003

f(x) = 13.103030303x + 27.13333

R = 0.9812114327

7767.5
20390.4033
27774.3284
33013.3066
37076.9738
40397.2317
43204.4697
45636.2099
47781.1568
49699.8771
51435.5708
53020.135

10

13
14
15
16
17
18
19
20
21
22
23
24
25
26

2004
2005
2006
2007
2008
2009
2010
2011

54477.7927
55827.373
57083.8022
58259.1132
59363.1482
60404.0601
61388.6782
62322.7804

MODELO
ECUACION ALGEBRAICA ECUACION PARA EXCEL
CORRELACION
LINEAL
Y=4200,1X+12173
,=4200,1*A34+12173
0.9487
LOGARITMICA
y=18211*LN(A34)+7767,5 ,=18211*LN(A34)+7767,5
0.9959
POTENCIA
Y=10749X^0,71925 10749*POTENCIA(A34,0,71925)
0.9772
EXPONENCIAL
Y=13617e^0,1545x
,=13617EXP(0,1545*A34)
0.8672
POLINOMIAL 1 Y=-523,6X^2+9959,7X+654,17
,=-523,6*POTENCIA(A34,2)+9959,7*A34+654,17
0.9947

VALOR EN MILLONES

3.103030303x + 27.1333333333
9812114327
VALOR EN
MILLONES

10

15

20

Chart Title
60000
50000

f(x) = 18210.9182435151 ln(x) +

R = 0.9917568705

40000
30000
20000
10000
0
0

20000
10000
0
0

Chart Title

f(x) = 18210.9182435151 ln(x) + 7767.47775154

R = 0.9917568705

10

15

10

15

PERIODO

REPRESA
VALOR
-300000000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000

TURB-GEN
VALOR
-60000000
-1000000
-1000000
-1000000
-1000000
-1000000
-1000000
-1000000
-1000000
-1000000
-1000000
-1000000
-1000000 TASA=
-1000000 VNA=
-1000000 PAGO=
9000000

-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000

-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000

-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000

-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000

-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000

-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
-200000
TASA=
VNA=
PAGO

0.23
-$300,869,565.22
$69,200,000.00

TERM-ELECT
VALOR
-200000000
-15000000
-15000000
-15000000
-15000000
-15000000
-15000000
-15000000 VPN
-15000000 PAGO
-15000000
3000000
0.23
-$63,704,828.37
$15,339,552.45

PERIODO

0.23
-$254,718,027.53
$67,043,939.62

VALOR

0
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
35
36
37
38
39
40
41
42
43

- 5,000,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
-

-5000000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

-500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500

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
85
86
87
88

- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000

- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000

500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
-

89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500

134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178

- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
-

179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500

224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268

- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000

- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000

500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
-

269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500

314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358

- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
-

359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500

404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448

- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000

- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000
- 4,500,000

500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
-

449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468
469
470
471
472
473
474
475
476
477
478
479
480
481
482
483
484
485
486
487
488
489
490
491
492
493

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
-

500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500

494
495
496
497
498
499
500

- 4,500,000
- - 4,500,000 - 4,500,000
- - 4,500,000
- - 4,500,000 - 4,500,000
- 4,500,000 - 4,500,000

500
500
500
-

163