Inversión inicial (Io)= $20,848.

00

Flujo de ingresos Flujo de egresos Flujo de efectivo neto

A B VIDA ÚTIL
AÑO VALOR AÑO VALOR AÑO
1 $60,352.50 1 $43,085.00 1
2 $63,906.25 2 $43,808.26 2
3 $68,257.50 3 $46,278.59 3
4 $72,608.75 4 $48,778.11 4
5 $76,956.25 5 $51,306.50 5
Total $342,081.25 Total $233,256.46

Datos Cálculos
f1 $17,267.50 -$20,848.00
f2 $20,097.99 $17,267.50 VAN
f3 $21,978.91 $20,097.99 TIR
f4 $23,830.64 $21,978.91
f5 $25,649.75 $23,830.64
n 5 años $25,649.75
i (tasa de interés) 10% 0.10
Io (Inversión inicial) $20,848.00

FNE1 f1 f1
VAN= + + +
(1+i)^n1 (1+i)^n2 (1+i)^n3

f1 f1 f1
TIR= VAN (0)= + + +
(1+TIR)^n1 (1+TIR)^n2 (1+TIR)^n3
Flujo de efectivo neto Iterando entre 0% y 100% $60,352.50 $63,906.25
A-B 0.00% $87,976.79 ↑ ↑
1 2
VALOR 5.00% $72,515.69 ↓ ↓ ↓
$17,267.50 10.00% $60,175.84 $20,848.00 $43,085.00 $43,808.26
$20,097.99 15.00% $50,193.38
$21,978.91 20.00% $42,018.26 Iterando entre 85% y 90%
$23,830.64 25.00% $35,247.86 85.00% $1,047.50
$25,649.75 30.00% $29,583.04 85.50% $925.02
35.00% $24,798.49 86.00% $803.78
40.00% $20,722.29 86.50% $683.75
45.00% $17,221.78 87.00% $564.93
50.00% $14,193.41 87.50% $447.30
55.00% $11,555.57 88.00% $330.84
$60,175.84 60.00% $9,243.33 88.50% $215.53
89.44804725876600000000000000% 65.00% $7,204.55 89.00% $101.36
70.00% $5,397.05 89.50% -$11.69
75.00% $3,786.41 90.00% -$123.64
80.00% $2,344.36
85.00% $1,047.50
90.00% -$123.64 VAN
95.00% -$1,185.36 $40,000.00
100.00% -$2,151.42
$35,000.00

$30,000.00
f1 f1
+ - Io $25,000.00
(1+i)^n4 (1+i)^n5
$20,000.00
f1 f1
+ - Io $15,000.00
(1+TIR)^n4 (1+TIR)^n5
$10,000.00

$5,000.00

$0.00
20.00% 30.00% 40.00% 50.00%
-$5,000.00
 $68,257.50 $72,608.75 $76,956.25
↑ ↑ ↑
3 4 5
↓ ↓ ↓
$46,278.59 $48,778.11 $51,306.50

Iterando entre 89% y 90% Iterando entre 89.44% y 89.45% Iterando entre 89.448% y 89.4
89.00% $101.36 89.40% $10.83 89.440%
89.10% $78.66 89.41% $8.57 89.441%
89.20% $56.00 89.42% $6.32 89.442%
89.30% $33.39 89.43% $4.07 89.443%
89.40% $10.83 89.44% $1.81 89.444%
89.50% -$11.69 89.45% -$0.44 89.445%
89.60% -$34.17 89.46% -$2.69 89.446%
89.70% -$56.60 89.47% -$4.94 89.447%
0 89.80% -$78.99 89.48% -$7.19 89.448%
89.90% -$101.34 89.49% -$9.44 89.449%
90.00% -$123.64 89.50% -$11.69 89.450%

VAN y TIR VAN y T

$2.00

$1.50

$1.00

$0.50

$0.00
89.438% 89.440% 89.442% 89.444%

-$0.50
30.00% 40.00% 50.00% 60.00% 70.00% 80.00% 90.00% 100.00%

-$1.00
 Iterando entre 89.448% y 89.449%
$1.81
$1.59
$1.36
$1.14
$0.91
$0.69
$0.46
$0.24
$0.01
-$0.21
-$0.44

VAN y TIR

0% 89.442% 89.444% 89.446% 89.448% 89.450% 89.452%

Una inversión productiva requiere un desembolso inicial de $8,422 y con ella se pretenden obtener flujos de efectivo de $1,
seis años, siendo la tasa de descuento del 15%. Calcular el VPN y TIR d
 obtener flujos de efectivo de $1,320; $3,456; $5,869; $7,300; $8889; y $ 11198 durante los próximos
o del 15%. Calcular el VPN y TIR de la inversión: