Rta/A

$ 291,000,000

Rta/B
$ 307,037,948

Rta/C
$ 645,600,000

Rta/D
$ 732,162,077

Rta/E
$ 986,310,000

Rta/F
$ 1,201,242,607

Rta/G
$ 1,390,800,000

Rta/H
$ 1,846,676,598

Rta/I
$ 1,875,000,000

Rta/J
$ 2,767,953,367
$ 291,000,000 es el Valor de los intereses que debe pagar la Compañía ENRECOL - Energías
Renovables de Colombia S.A.S, al termino de los 12 meses a una tasa de interes simple
mensual del 0,97%

$ 307,037,948 es el Valor de los intereses que debe pagar la Compañía ENRECOL - Energías
Renovables de Colombia S.A.S, al termino de los 12 meses a una tasa de interes
compuesta mensual del 0,97%

$ 645,600,000 es el Valor de los intereses que debe pagar la Compañía ENRECOL - Energías
Renovables de Colombia S.A.S, al termino de los 24 meses a una tasa de interes simple
mensual del 1,076%

$ 732,162,077 es el Valor de los intereses que debe pagar la Compañía ENRECOL - Energías
Renovables de Colombia S.A.S, al termino de los 24 meses a una tasa de interes
compuesta mensual del 1,076%

$ 986,310,000 es el Valor de los intereses que debe pagar la Compañía ENRECOL - Energías
Renovables de Colombia S.A.S, al termino de los 36 meses a una tasa de interes simple
mensual del 1,0959%

$ 1,201,242,607 es el Valor de los intereses que debe pagar la Compañía ENRECOL -

Energías Renovables de Colombia S.A.S, al termino de los 36 meses a una tasa de interes
compuesto mensual del 1,0959%

$ 1,390,800,000 es el Valor de los intereses que debe pagar la Compañía ENRECOL -

Energías Renovables de Colombia S.A.S, al termino de los 48 meses a una tasa de interes
simple mensual del 1,159%

$ 1,846,676,598 es el Valor de los intereses que debe pagar la Compañía ENRECOL -

Energías Renovables de Colombia S.A.S, al termino de los 48 meses a una tasa de interes
compuesto mensual del 1,159%

$ 1,875,000,000 es el Valor de los intereses que debe pagar la Compañía ENRECOL -

Energías Renovables de Colombia S.A.S, al termino de los 60 meses a una tasa de interes
simple mensual del 1,25%

$ 2,767,953,367 es el Valor de los intereses que debe pagar la Compañía ENRECOL -

Energías Renovables de Colombia S.A.S, al termino de los 60 meses a una tasa de interes
compuesto mensual del 1,25%
Compañía ENRECOL - Energías Renovables de Colombia S.A.S

Simple

Capital Inicial o
Periodo Presente Intereses Generados

1 2,500,000,000 24,250,000
2 2,500,000,000 24,250,000
3 2,500,000,000 24,250,000
4 2,500,000,000 24,250,000
5 2,500,000,000 24,250,000
6 2,500,000,000 24,250,000
7 2,500,000,000 24,250,000
8 2,500,000,000 24,250,000
9 2,500,000,000 24,250,000
10 2,500,000,000 24,250,000
11 2,500,000,000 24,250,000
12 2,500,000,000 24,250,000
Final Cuentas
Cuentas por cancelar

INTERESES (I) = VP * i * n
VALOR FUTURO (VF) = VP + I
 Simple

Capital Inicial o
Periodo Intereses Generados
Presente

1 2,500,000,000 26,900,000
2 2,500,000,000 26,900,000
3 2,500,000,000 26,900,000
4 2,500,000,000 26,900,000
5 2,500,000,000 26,900,000
6 2,500,000,000 26,900,000
7 2,500,000,000 26,900,000
8 2,500,000,000 26,900,000
9 2,500,000,000 26,900,000
10 2,500,000,000 26,900,000
11 2,500,000,000 26,900,000
12 2,500,000,000 26,900,000
13 2,500,000,000 26,900,000
14 2,500,000,000 26,900,000
15 2,500,000,000 26,900,000
16 2,500,000,000 26,900,000
17 2,500,000,000 26,900,000
18 2,500,000,000 26,900,000
19 2,500,000,000 26,900,000
20 2,500,000,000 26,900,000
21 2,500,000,000 26,900,000
22 2,500,000,000 26,900,000
23 2,500,000,000 26,900,000
24 2,500,000,000 26,900,000
Final Cuentas
Cuentas por cancelar
 INTERESES (I) = VP * i * n
VALOR FUTURO (VF) = VP + I

Simple

Capital Inicial o
Periodo Intereses Generados
Presente
1 2,500,000,000 27,397,500
2 2,500,000,000 27,397,500
3 2,500,000,000 27,397,500
4 2,500,000,000 27,397,500
5 2,500,000,000 27,397,500
6 2,500,000,000 27,397,500
7 2,500,000,000 27,397,500
8 2,500,000,000 27,397,500
9 2,500,000,000 27,397,500
10 2,500,000,000 27,397,500
11 2,500,000,000 27,397,500
12 2,500,000,000 27,397,500
13 2,500,000,000 27,397,500
14 2,500,000,000 27,397,500
15 2,500,000,000 27,397,500
16 2,500,000,000 27,397,500
17 2,500,000,000 27,397,500
 18 2,500,000,000 27,397,500
19 2,500,000,000 27,397,500
20 2,500,000,000 27,397,500
21 2,500,000,000 27,397,500
22 2,500,000,000 27,397,500
23 2,500,000,000 27,397,500
24 2,500,000,000 27,397,500
25 2,500,000,000 27,397,500
26 2,500,000,000 27,397,500
27 2,500,000,000 27,397,500
28 2,500,000,000 27,397,500
29 2,500,000,000 27,397,500
30 2,500,000,000 27,397,500
31 2,500,000,000 27,397,500
32 2,500,000,000 27,397,500
33 2,500,000,000 27,397,500
34 2,500,000,000 27,397,500
35 2,500,000,000 27,397,500
36 2,500,000,000 27,397,500
Final Cuentas
Cuentas por cancelar

INTERESES (I) = VP * i * n
VALOR FUTURO (VF) = VP + I
 Simple

Capital Inicial o
Periodo Intereses Generados
Presente

1 2,500,000,000 28,975,000
2 2,500,000,000 28,975,000
3 2,500,000,000 28,975,000
4 2,500,000,000 28,975,000
5 2,500,000,000 28,975,000
6 2,500,000,000 28,975,000
7 2,500,000,000 28,975,000
8 2,500,000,000 28,975,000
9 2,500,000,000 28,975,000
10 2,500,000,000 28,975,000
11 2,500,000,000 28,975,000
12 2,500,000,000 28,975,000
13 2,500,000,000 28,975,000
14 2,500,000,000 28,975,000
15 2,500,000,000 28,975,000
16 2,500,000,000 28,975,000
17 2,500,000,000 28,975,000
18 2,500,000,000 28,975,000
19 2,500,000,000 28,975,000
20 2,500,000,000 28,975,000
21 2,500,000,000 28,975,000
22 2,500,000,000 28,975,000
23 2,500,000,000 28,975,000
24 2,500,000,000 28,975,000
25 2,500,000,000 28,975,000
26 2,500,000,000 28,975,000
27 2,500,000,000 28,975,000
28 2,500,000,000 28,975,000
29 2,500,000,000 28,975,000
30 2,500,000,000 28,975,000
31 2,500,000,000 28,975,000
32 2,500,000,000 28,975,000
 33 2,500,000,000 28,975,000
34 2,500,000,000 28,975,000
35 2,500,000,000 28,975,000
36 2,500,000,000 28,975,000
37 2,500,000,000 28,975,000
38 2,500,000,000 28,975,000
39 2,500,000,000 28,975,000
40 2,500,000,000 28,975,000
41 2,500,000,000 28,975,000
42 2,500,000,000 28,975,000
43 2,500,000,000 28,975,000
44 2,500,000,000 28,975,000
45 2,500,000,000 28,975,000
46 2,500,000,000 28,975,000
47 2,500,000,000 28,975,000
48 2,500,000,000 28,975,000
Final Cuentas
Cuentas por cancelar

INTERESES (I) = VP * i * n
VALOR FUTURO (VF) = VP + I

Simple
 Capital Inicial o
Periodo Intereses Generados
Presente
1 2,500,000,000 31,250,000
2 2,500,000,000 31,250,000
3 2,500,000,000 31,250,000
4 2,500,000,000 31,250,000
5 2,500,000,000 31,250,000
6 2,500,000,000 31,250,000
7 2,500,000,000 31,250,000
8 2,500,000,000 31,250,000
9 2,500,000,000 31,250,000
10 2,500,000,000 31,250,000
11 2,500,000,000 31,250,000
12 2,500,000,000 31,250,000
13 2,500,000,000 31,250,000
14 2,500,000,000 31,250,000
15 2,500,000,000 31,250,000
16 2,500,000,000 31,250,000
17 2,500,000,000 31,250,000
18 2,500,000,000 31,250,000
19 2,500,000,000 31,250,000
20 2,500,000,000 31,250,000
21 2,500,000,000 31,250,000
22 2,500,000,000 31,250,000
23 2,500,000,000 31,250,000
24 2,500,000,000 31,250,000
25 2,500,000,000 31,250,000
26 2,500,000,000 31,250,000
27 2,500,000,000 31,250,000
28 2,500,000,000 31,250,000
29 2,500,000,000 31,250,000
30 2,500,000,000 31,250,000
31 2,500,000,000 31,250,000
32 2,500,000,000 31,250,000
33 2,500,000,000 31,250,000
34 2,500,000,000 31,250,000
 35 2,500,000,000 31,250,000
36 2,500,000,000 31,250,000
37 2,500,000,000 31,250,000
38 2,500,000,000 31,250,000
39 2,500,000,000 31,250,000
40 2,500,000,000 31,250,000
41 2,500,000,000 31,250,000
42 2,500,000,000 31,250,000
43 2,500,000,000 31,250,000
44 2,500,000,000 31,250,000
45 2,500,000,000 31,250,000
46 2,500,000,000 31,250,000
47 2,500,000,000 31,250,000
48 2,500,000,000 31,250,000
49 2,500,000,000 31,250,000
50 2,500,000,000 31,250,000
51 2,500,000,000 31,250,000
52 2,500,000,000 31,250,000
53 2,500,000,000 31,250,000
54 2,500,000,000 31,250,000
55 2,500,000,000 31,250,000
56 2,500,000,000 31,250,000
57 2,500,000,000 31,250,000
58 2,500,000,000 31,250,000
59 2,500,000,000 31,250,000
60 2,500,000,000 31,250,000
Final Cuentas
Cuentas por cancelar

INTERESES (I) = VP * i * n
VALOR FUTURO (VF) = VP + I
 VP $ 2,500,000,000 Inversión
i 0.97% Mensual
n 12 Meses

Capital Final o Intereses

Futuro Acumulados

2,500,000,000 24,250,000
2,500,000,000 48,500,000
2,500,000,000 72,750,000
2,500,000,000 97,000,000
2,500,000,000 121,250,000
2,500,000,000 145,500,000
2,500,000,000 169,750,000
2,500,000,000 194,000,000
2,500,000,000 218,250,000
2,500,000,000 242,500,000
2,500,000,000 266,750,000
2,500,000,000 291,000,000
2,500,000,000 291,000,000
2,791,000,000

$ 291,000,000 1.00
$ 2,791,000,000 1.00
 VP $ 2,500,000,000 Inversión
i 1.076% Mensual
n 24 Meses

Capital Final o Intereses

Futuro Acumulados

2,500,000,000 26,900,000
2,500,000,000 53,800,000
2,500,000,000 80,700,000
2,500,000,000 107,600,000
2,500,000,000 134,500,000
2,500,000,000 161,400,000
2,500,000,000 188,300,000
2,500,000,000 215,200,000
2,500,000,000 242,100,000
2,500,000,000 269,000,000
2,500,000,000 295,900,000
2,500,000,000 322,800,000
2,500,000,000 349,700,000
2,500,000,000 376,600,000
2,500,000,000 403,500,000
2,500,000,000 430,400,000
2,500,000,000 457,300,000
2,500,000,000 484,200,000
2,500,000,000 511,100,000
2,500,000,000 538,000,000
2,500,000,000 564,900,000
2,500,000,000 591,800,000
2,500,000,000 618,700,000
2,500,000,000 645,600,000
2,500,000,000 645,600,000
3,145,600,000
 $ 645,600,000 1.00
$ 3,145,600,000 1.00

VP $ 2,500,000,000 Inversión
i 1.096% Mensual
n 36 Meses

Capital Final o Intereses

Futuro Acumulados
2,500,000,000 27,397,500
2,500,000,000 54,795,000
2,500,000,000 82,192,500
2,500,000,000 109,590,000
2,500,000,000 136,987,500
2,500,000,000 164,385,000
2,500,000,000 191,782,500
2,500,000,000 219,180,000
2,500,000,000 246,577,500
2,500,000,000 273,975,000
2,500,000,000 301,372,500
2,500,000,000 328,770,000
2,500,000,000 356,167,500
2,500,000,000 383,565,000
2,500,000,000 410,962,500
2,500,000,000 438,360,000
2,500,000,000 465,757,500
2,500,000,000 493,155,000
2,500,000,000 520,552,500
2,500,000,000 547,950,000
2,500,000,000 575,347,500
2,500,000,000 602,745,000
2,500,000,000 630,142,500
2,500,000,000 657,540,000
2,500,000,000 684,937,500
2,500,000,000 712,335,000
2,500,000,000 739,732,500
2,500,000,000 767,130,000
2,500,000,000 794,527,500
2,500,000,000 821,925,000
2,500,000,000 849,322,500
2,500,000,000 876,720,000
2,500,000,000 904,117,500
2,500,000,000 931,515,000
2,500,000,000 958,912,500
2,500,000,000 986,310,000
2,500,000,000 986,310,000
3,486,310,000

$ 986,310,000 1.00
$ 3,486,310,000 1.00

VP $ 2,500,000,000 Inversión
i $0 Mensual
n $ 48 Meses
Capital Final o Intereses
Futuro Acumulados

2,500,000,000 28,975,000
2,500,000,000 57,950,000
2,500,000,000 86,925,000
2,500,000,000 115,900,000
2,500,000,000 144,875,000
2,500,000,000 173,850,000
2,500,000,000 202,825,000
2,500,000,000 231,800,000
2,500,000,000 260,775,000
2,500,000,000 289,750,000
2,500,000,000 318,725,000
2,500,000,000 347,700,000
2,500,000,000 376,675,000
2,500,000,000 405,650,000
2,500,000,000 434,625,000
2,500,000,000 463,600,000
2,500,000,000 492,575,000
2,500,000,000 521,550,000
2,500,000,000 550,525,000
2,500,000,000 579,500,000
2,500,000,000 608,475,000
2,500,000,000 637,450,000
2,500,000,000 666,425,000
2,500,000,000 695,400,000
2,500,000,000 724,375,000
2,500,000,000 753,350,000
2,500,000,000 782,325,000
2,500,000,000 811,300,000
2,500,000,000 840,275,000
2,500,000,000 869,250,000
2,500,000,000 898,225,000
2,500,000,000 927,200,000
2,500,000,000 956,175,000
2,500,000,000 985,150,000
2,500,000,000 1,014,125,000
2,500,000,000 1,043,100,000
2,500,000,000 1,072,075,000
2,500,000,000 1,101,050,000
2,500,000,000 1,130,025,000
2,500,000,000 1,159,000,000
2,500,000,000 1,187,975,000
2,500,000,000 1,216,950,000
2,500,000,000 1,245,925,000
2,500,000,000 1,274,900,000
2,500,000,000 1,303,875,000
2,500,000,000 1,332,850,000
2,500,000,000 1,361,825,000
2,500,000,000 1,390,800,000
2,500,000,000 1,390,800,000
3,890,800,000

$ 1,390,800,000 1.00
$ 3,890,800,000 1.00

VP $ 2,500,000,000 Inversión
i 1.25% Mensual
n 60 Meses
Capital Final o Intereses
Futuro Acumulados
2,500,000,000 31,250,000
2,500,000,000 62,500,000
2,500,000,000 93,750,000
2,500,000,000 125,000,000
2,500,000,000 156,250,000
2,500,000,000 187,500,000
2,500,000,000 218,750,000
2,500,000,000 250,000,000
2,500,000,000 281,250,000
2,500,000,000 312,500,000
2,500,000,000 343,750,000
2,500,000,000 375,000,000
2,500,000,000 406,250,000
2,500,000,000 437,500,000
2,500,000,000 468,750,000
2,500,000,000 500,000,000
2,500,000,000 531,250,000
2,500,000,000 562,500,000
2,500,000,000 593,750,000
2,500,000,000 625,000,000
2,500,000,000 656,250,000
2,500,000,000 687,500,000
2,500,000,000 718,750,000
2,500,000,000 750,000,000
2,500,000,000 781,250,000
2,500,000,000 812,500,000
2,500,000,000 843,750,000
2,500,000,000 875,000,000
2,500,000,000 906,250,000
2,500,000,000 937,500,000
2,500,000,000 968,750,000
2,500,000,000 1,000,000,000
2,500,000,000 1,031,250,000
2,500,000,000 1,062,500,000
2,500,000,000 1,093,750,000
2,500,000,000 1,125,000,000
2,500,000,000 1,156,250,000
2,500,000,000 1,187,500,000
2,500,000,000 1,218,750,000
2,500,000,000 1,250,000,000
2,500,000,000 1,281,250,000
2,500,000,000 1,312,500,000
2,500,000,000 1,343,750,000
2,500,000,000 1,375,000,000
2,500,000,000 1,406,250,000
2,500,000,000 1,437,500,000
2,500,000,000 1,468,750,000
2,500,000,000 1,500,000,000
2,500,000,000 1,531,250,000
2,500,000,000 1,562,500,000
2,500,000,000 1,593,750,000
2,500,000,000 1,625,000,000
2,500,000,000 1,656,250,000
2,500,000,000 1,687,500,000
2,500,000,000 1,718,750,000
2,500,000,000 1,750,000,000
2,500,000,000 1,781,250,000
2,500,000,000 1,812,500,000
2,500,000,000 1,843,750,000
2,500,000,000 1,875,000,000
2,500,000,000 1,875,000,000
4,375,000,000

$ 1,875,000,000 1.00
$ 4,375,000,000 1.00
 Compuesto

Capital Inicial o
Periodo Presente Intereses Generados

1 2,500,000,000 24,250,000
2 2,524,250,000 24,485,225
3 2,548,735,225 24,722,732
4 2,573,457,957 24,962,542
5 2,598,420,499 25,204,679
6 2,623,625,178 25,449,164
7 2,649,074,342 25,696,021
8 2,674,770,363 25,945,273
9 2,700,715,636 26,196,942
10 2,726,912,577 26,451,052
11 2,753,363,629 26,707,627
12 2,780,071,256 26,966,691
Final Cuentas
Cuentas por cancelar

INTERESES (I) = VP * ((1 + i)^ n -1)

VALOR FUTURO (VF) = VP (1+i)n
 Compuesto

Capital Inicial o
Periodo Intereses Generados
Presente

1 2,500,000,000 26,900,000
2 2,526,900,000 27,189,444
3 2,554,089,444 27,482,002
4 2,581,571,446 27,777,709
5 2,609,349,155 28,076,597
6 2,637,425,752 28,378,701
7 2,665,804,453 28,684,056
8 2,694,488,509 28,992,696
9 2,723,481,205 29,304,658
10 2,752,785,863 29,619,976
11 2,782,405,839 29,938,687
12 2,812,344,526 30,260,827
13 2,842,605,353 30,586,434
14 2,873,191,787 30,915,544
15 2,904,107,330 31,248,195
16 2,935,355,525 31,584,425
17 2,966,939,951 31,924,274
18 2,998,864,224 32,267,779
19 3,031,132,004 32,614,980
20 3,063,746,984 32,965,918
21 3,096,712,901 33,320,631
22 3,130,033,532 33,679,161
23 3,163,712,693 34,041,549
24 3,197,754,242 34,407,836
Final Cuentas
Cuentas por cancelar
 INTERESES (I) = VP * ((1 + i)^ n -1)
VALOR FUTURO (VF) = VP (1+i)n

Compuesto

Capital Inicial o
Periodo Intereses Generados
Presente
1 2,500,000,000 27,397,500
2 2,527,397,500 27,697,749
3 2,555,095,249 28,001,289
4 2,583,096,538 28,308,155
5 2,611,404,693 28,618,384
6 2,640,023,077 28,932,013
7 2,668,955,090 29,249,079
8 2,698,204,169 29,569,619
9 2,727,773,788 29,893,673
10 2,757,667,461 30,221,278
11 2,787,888,739 30,552,473
12 2,818,441,212 30,887,297
13 2,849,328,509 31,225,791
14 2,880,554,300 31,567,995
15 2,912,122,295 31,913,948
16 2,944,036,243 32,263,693
17 2,976,299,936 32,617,271
 18 3,008,917,207 32,974,724
19 3,041,891,931 33,336,094
20 3,075,228,024 33,701,424
21 3,108,929,448 34,070,758
22 3,143,000,206 34,444,139
23 3,177,444,345 34,821,613
24 3,212,265,958 35,203,223
25 3,247,469,180 35,589,015
26 3,283,058,195 35,979,035
27 3,319,037,230 36,373,329
28 3,355,410,559 36,771,944
29 3,392,182,503 37,174,928
30 3,429,357,431 37,582,328
31 3,466,939,759 37,994,193
32 3,504,933,952 38,410,571
33 3,543,344,523 38,831,513
34 3,582,176,036 39,257,067
35 3,621,433,103 39,687,285
36 3,661,120,389 40,122,218
Final Cuentas
Cuentas por cancelar

INTERESES (I) = VP * ((1 + i)^ n -1)

VALOR FUTURO (VF) = VP (1+i)n
Compuesto

Capital Inicial o
Periodo Intereses Generados
Presente

1 2,500,000,000 28,975,000
2 2,528,975,000 29,310,820
3 2,558,285,820 29,650,533
4 2,587,936,353 29,994,182
5 2,617,930,535 30,341,815
6 2,648,272,350 30,693,477
7 2,678,965,827 31,049,214
8 2,710,015,041 31,409,074
9 2,741,424,115 31,773,105
10 2,773,197,220 32,141,356
11 2,805,338,576 32,513,874
12 2,837,852,450 32,890,710
13 2,870,743,160 33,271,913
14 2,904,015,073 33,657,535
15 2,937,672,608 34,047,626
16 2,971,720,234 34,442,238
17 3,006,162,471 34,841,423
18 3,041,003,894 35,245,235
19 3,076,249,129 35,653,727
20 3,111,902,857 36,066,954
21 3,147,969,811 36,484,970
22 3,184,454,781 36,907,831
23 3,221,362,612 37,335,593
24 3,258,698,205 37,768,312
25 3,296,466,517 38,206,047
26 3,334,672,564 38,648,855
27 3,373,321,419 39,096,795
28 3,412,418,214 39,549,927
29 3,451,968,141 40,008,311
30 3,491,976,452 40,472,007
31 3,532,448,459 40,941,078
32 3,573,389,536 41,415,585
 33 3,614,805,121 41,895,591
34 3,656,700,713 42,381,161
35 3,699,081,874 42,872,359
36 3,741,954,233 43,369,250
37 3,785,323,482 43,871,899
38 3,829,195,381 44,380,374
39 3,873,575,756 44,894,743
40 3,918,470,499 45,415,073
41 3,963,885,572 45,941,434
42 4,009,827,006 46,473,895
43 4,056,300,901 47,012,527
44 4,103,313,428 47,557,403
45 4,150,870,831 48,108,593
46 4,198,979,424 48,666,172
47 4,247,645,595 49,230,212
48 4,296,875,808 49,800,791
Final Cuentas
Cuentas por cancelar

INTERESES (I) = VP * ((1 + i)^ n -1)

VALOR FUTURO (VF) = VP (1+i)n

Compuesto
 Capital Inicial o
Periodo Intereses Generados
Presente
1 2,500,000,000 31,250,000
2 2,531,250,000 31,640,625
3 2,562,890,625 32,036,133
4 2,594,926,758 32,436,584
5 2,627,363,342 32,842,042
6 2,660,205,384 33,252,567
7 2,693,457,951 33,668,224
8 2,727,126,176 34,089,077
9 2,761,215,253 34,515,191
10 2,795,730,444 34,946,631
11 2,830,677,074 35,383,463
12 2,866,060,538 35,825,757
13 2,901,886,294 36,273,579
14 2,938,159,873 36,726,998
15 2,974,886,871 37,186,086
16 3,012,072,957 37,650,912
17 3,049,723,869 38,121,548
18 3,087,845,418 38,598,068
19 3,126,443,485 39,080,544
20 3,165,524,029 39,569,050
21 3,205,093,079 40,063,663
22 3,245,156,743 40,564,459
23 3,285,721,202 41,071,515
24 3,326,792,717 41,584,909
25 3,368,377,626 42,104,720
26 3,410,482,346 42,631,029
27 3,453,113,376 43,163,917
28 3,496,277,293 43,703,466
29 3,539,980,759 44,249,759
30 3,584,230,519 44,802,881
31 3,629,033,400 45,362,918
32 3,674,396,318 45,929,954
33 3,720,326,271 46,504,078
34 3,766,830,350 47,085,379
 35 3,813,915,729 47,673,947
36 3,861,589,676 48,269,871
37 3,909,859,547 48,873,244
38 3,958,732,791 49,484,160
39 4,008,216,951 50,102,712
40 4,058,319,663 50,728,996
41 4,109,048,659 51,363,108
42 4,160,411,767 52,005,147
43 4,212,416,914 52,655,211
44 4,265,072,125 53,313,402
45 4,318,385,527 53,979,819
46 4,372,365,346 54,654,567
47 4,427,019,913 55,337,749
48 4,482,357,662 56,029,471
49 4,538,387,133 56,729,839
50 4,595,116,972 57,438,962
51 4,652,555,934 58,156,949
52 4,710,712,883 58,883,911
53 4,769,596,794 59,619,960
54 4,829,216,754 60,365,209
55 4,889,581,964 61,119,775
56 4,950,701,738 61,883,772
57 5,012,585,510 62,657,319
58 5,075,242,829 63,440,535
59 5,138,683,364 64,233,542
60 5,202,916,906 65,036,461
Final Cuentas
Cuentas por cancelar

INTERESES (I) = VP * ((1 + i)^ n -1)

VALOR FUTURO (VF) = VP (1+i)n
Capital Final o Intereses
Futuro Acumulados

2,524,250,000 24,250,000
2,548,735,225 48,735,225
2,573,457,957 73,457,957
2,598,420,499 98,420,499
2,623,625,178 123,625,178
2,649,074,342 149,074,342
2,674,770,363 174,770,363
2,700,715,636 200,715,636
2,726,912,577 226,912,577
2,753,363,629 253,363,629
2,780,071,256 280,071,256
2,807,037,948 307,037,948
2,807,037,948 307,037,948
2,807,037,948

307,037,948 1.00
2,807,037,948 1.00
Capital Final o Intereses
Futuro Acumulados

2,526,900,000 26,900,000
2,554,089,444 54,089,444
2,581,571,446 81,571,446
2,609,349,155 109,349,155
2,637,425,752 137,425,752
2,665,804,453 165,804,453
2,694,488,509 194,488,509
2,723,481,205 223,481,205
2,752,785,863 252,785,863
2,782,405,839 282,405,839
2,812,344,526 312,344,526
2,842,605,353 342,605,353
2,873,191,787 373,191,787
2,904,107,330 404,107,330
2,935,355,525 435,355,525
2,966,939,951 466,939,951
2,998,864,224 498,864,224
3,031,132,004 531,132,004
3,063,746,984 563,746,984
3,096,712,901 596,712,901
3,130,033,532 630,033,532
3,163,712,693 663,712,693
3,197,754,242 697,754,242
3,232,162,077 732,162,077
3,232,162,077 732,162,077
3,232,162,077
 732,162,077 1.00
3,232,162,077 1.00

Capital Final o Intereses

Futuro Acumulados
2,527,397,500 27,397,500
2,555,095,249 55,095,249
2,583,096,538 83,096,538
2,611,404,693 111,404,693
2,640,023,077 140,023,077
2,668,955,090 168,955,090
2,698,204,169 198,204,169
2,727,773,788 227,773,788
2,757,667,461 257,667,461
2,787,888,739 287,888,739
2,818,441,212 318,441,212
2,849,328,509 349,328,509
2,880,554,300 380,554,300
2,912,122,295 412,122,295
2,944,036,243 444,036,243
2,976,299,936 476,299,936
3,008,917,207 508,917,207
3,041,891,931 541,891,931
3,075,228,024 575,228,024
3,108,929,448 608,929,448
3,143,000,206 643,000,206
3,177,444,345 677,444,345
3,212,265,958 712,265,958
3,247,469,180 747,469,180
3,283,058,195 783,058,195
3,319,037,230 819,037,230
3,355,410,559 855,410,559
3,392,182,503 892,182,503
3,429,357,431 929,357,431
3,466,939,759 966,939,759
3,504,933,952 1,004,933,952
3,543,344,523 1,043,344,523
3,582,176,036 1,082,176,036
3,621,433,103 1,121,433,103
3,661,120,389 1,161,120,389
3,701,242,607 1,201,242,607
3,701,242,607 1,201,242,607
3,701,242,607

1,201,242,607 1.00
3,701,242,607 1.00
Capital Final o Intereses
Futuro Acumulados

2,528,975,000 28,975,000
2,558,285,820 58,285,820
2,587,936,353 87,936,353
2,617,930,535 117,930,535
2,648,272,350 148,272,350
2,678,965,827 178,965,827
2,710,015,041 210,015,041
2,741,424,115 241,424,115
2,773,197,220 273,197,220
2,805,338,576 305,338,576
2,837,852,450 337,852,450
2,870,743,160 370,743,160
2,904,015,073 404,015,073
2,937,672,608 437,672,608
2,971,720,234 471,720,234
3,006,162,471 506,162,471
3,041,003,894 541,003,894
3,076,249,129 576,249,129
3,111,902,857 611,902,857
3,147,969,811 647,969,811
3,184,454,781 684,454,781
3,221,362,612 721,362,612
3,258,698,205 758,698,205
3,296,466,517 796,466,517
3,334,672,564 834,672,564
3,373,321,419 873,321,419
3,412,418,214 912,418,214
3,451,968,141 951,968,141
3,491,976,452 991,976,452
3,532,448,459 1,032,448,459
3,573,389,536 1,073,389,536
3,614,805,121 1,114,805,121
3,656,700,713 1,156,700,713
3,699,081,874 1,199,081,874
3,741,954,233 1,241,954,233
3,785,323,482 1,285,323,482
3,829,195,381 1,329,195,381
3,873,575,756 1,373,575,756
3,918,470,499 1,418,470,499
3,963,885,572 1,463,885,572
4,009,827,006 1,509,827,006
4,056,300,901 1,556,300,901
4,103,313,428 1,603,313,428
4,150,870,831 1,650,870,831
4,198,979,424 1,698,979,424
4,247,645,595 1,747,645,595
4,296,875,808 1,796,875,808
4,346,676,598 1,846,676,598
4,346,676,598 1,846,676,598
4,346,676,598

1,846,676,598 1.00
4,346,676,598 1.00
Capital Final o Intereses
Futuro Acumulados
2,531,250,000 31,250,000
2,562,890,625 62,890,625
2,594,926,758 94,926,758
2,627,363,342 127,363,342
2,660,205,384 160,205,384
2,693,457,951 193,457,951
2,727,126,176 227,126,176
2,761,215,253 261,215,253
2,795,730,444 295,730,444
2,830,677,074 330,677,074
2,866,060,538 366,060,538
2,901,886,294 401,886,294
2,938,159,873 438,159,873
2,974,886,871 474,886,871
3,012,072,957 512,072,957
3,049,723,869 549,723,869
3,087,845,418 587,845,418
3,126,443,485 626,443,485
3,165,524,029 665,524,029
3,205,093,079 705,093,079
3,245,156,743 745,156,743
3,285,721,202 785,721,202
3,326,792,717 826,792,717
3,368,377,626 868,377,626
3,410,482,346 910,482,346
3,453,113,376 953,113,376
3,496,277,293 996,277,293
3,539,980,759 1,039,980,759
3,584,230,519 1,084,230,519
3,629,033,400 1,129,033,400
3,674,396,318 1,174,396,318
3,720,326,271 1,220,326,271
3,766,830,350 1,266,830,350
3,813,915,729 1,313,915,729
3,861,589,676 1,361,589,676
3,909,859,547 1,409,859,547
3,958,732,791 1,458,732,791
4,008,216,951 1,508,216,951
4,058,319,663 1,558,319,663
4,109,048,659 1,609,048,659
4,160,411,767 1,660,411,767
4,212,416,914 1,712,416,914
4,265,072,125 1,765,072,125
4,318,385,527 1,818,385,527
4,372,365,346 1,872,365,346
4,427,019,913 1,927,019,913
4,482,357,662 1,982,357,662
4,538,387,133 2,038,387,133
4,595,116,972 2,095,116,972
4,652,555,934 2,152,555,934
4,710,712,883 2,210,712,883
4,769,596,794 2,269,596,794
4,829,216,754 2,329,216,754
4,889,581,964 2,389,581,964
4,950,701,738 2,450,701,738
5,012,585,510 2,512,585,510
5,075,242,829 2,575,242,829
5,138,683,364 2,638,683,364
5,202,916,906 2,702,916,906
5,267,953,367 2,767,953,367
5,267,953,367 2,767,953,367
5,267,953,367

2,767,953,367 1.00
5,267,953,367 1.00
11.80% = 12.15%

12.90% = 13.46%

13.15% = 13.81%

13.40% = 14.17%

14.50% = 15.55%
Es la tasa efectiva anual

Es la tasa efectiva anual

Es la tasa efectiva anual

Es la tasa efectiva anual

Es la tasa efectiva anual

 INTERES SIMPLE

Monto del Tiempo del Tipo de tasa de Tasa de interés Valor de los intereses
Propuesta de crédito crédito crédito interés % generados
Entidad A $ 2,500,000 12 Simple Mensual 0.970% $ 291,000.000
Entidad B $ 2,500,000 24 Simple Mensual 1.076% $ 645,600.000
Entidad C $ 2,500,000 36 Simple Mensual 1.096% $ 986,310.000
Entidad D $ 2,500,000 48 Simple Mensual 1.159% $ 1,390,800.000
Entidad E $ 2,500,000 60 Simple Mensual 1.250% $ 1,875,000.000

A. Determine cuál de las cinco (5) opciones de financiación aplicando el interés simple es la más conveniente para
que la compañía ENRECOL S.A.S, desarrolle su proyecto de inversión, teniendo en cuenta el costo financiero que
representa cada opción de financiamiento y el tiempo de duración del crédito. Debe argumentar su respuesta y
porque.

Rta//

INTERES COMPUESTO

Monto del Tiempo del Tipo de tasa de Tasa de interés Valor de los intereses
Propuesta de crédito crédito crédito interés % generados
Entidad A $ 2,500,000 12 Compuesto Mensual 0.970% $ 307,037.948
Entidad B $ 2,500,000 24 Compuesto Mensual 1.076% $ 732,162.077
Entidad C $ 2,500,000 36 Compuesto Mensual 1.096% $ 1,201,242.607
Entidad D $ 2,500,000 48 Compuesto Mensual 1.159% $ 1,846,676.598
Entidad E $ 2,500,000 60 Compuesto Mensual 1.250% $ 2,767,953.367

B. Determine cuál de las cinco (5) opciones de financiación aplicando el interés compuesto es la más conveniente
para que la compañía ENRECOL S.A.S, desarrolle su proyecto de inversión, teniendo en cuenta el costo financiero
que representa cada opción de financiamiento y el tiempo de duración del crédito. Debe argumentar su respuesta
y porque.

Rta//

C. ¿Qué factores tuvo en cuenta diferente al costo de financiación y tiempo de duración del crédito, para escoger
la mejor opción de financiación del proyecto de inversión y porque desde el punto de vista de los inversionistas?
C. ¿Qué factores tuvo en cuenta diferente al costo de financiación y tiempo de duración del crédito, para escoger
la mejor opción de financiación del proyecto de inversión y porque desde el punto de vista de los inversionistas?

Rta//

D. ¿Cuál considera es el factor o elemento más importante a tener en cuenta al momento de analizar y evaluar
alternativas de financiación para emprender proyectos de inversión y porque?

Rta//
INTERESES (I) = VP * i * n

INTERESES (I) = VP * ((1 + i)^ n -1)