Nombre: Camila Arcentales.

1.- Amortizar un crédito por el valor de 140,000, a 4 años plazo, con la tasa de interés del 18%
capitalizable mensualmente. a) Determinar el valor del pago mensual y elaborar la tabla de
amortización; b) De la última cuota del segundo año, determinar cuánto corresponde al pago
de intereses y cuánto al de capital, sin utilizar la tabla.

VA =140000
n=4 años
j=18 %
m=12
i=0,015
VA
A= −n
1−(1+ i)
i
140000
A= −48
1−(1,015)
0,015
A=4112,50

TABLA AMORTIZACION
periodo S. I Interes Pago AMOR. CAP S. F
1 140000 2100 $4,112.50 $2,012.50 $137,987.50
2 $137,987.50 2069.8125 $4,112.50 $2,042.69 $135,944.81
3 $135,944.81 2039.17219 $4,112.50 $2,073.33 $133,871.48
4 $133,871.48 2008.07227 $4,112.50 $2,104.43 $131,767.06
5 $131,767.06 1976.50586 $4,112.50 $2,135.99 $129,631.06
6 $129,631.06 1944.46595 $4,112.50 $2,168.03 $127,463.03
7 $127,463.03 1911.94544 $4,112.50 $2,200.55 $125,262.47
8 $125,262.47 1878.93712 $4,112.50 $2,233.56 $123,028.91
9 $123,028.91 1845.43368 $4,112.50 $2,267.07 $120,761.85
10 $120,761.85 1811.42768 $4,112.50 $2,301.07 $118,460.77
11 $118,460.77 1776.9116 $4,112.50 $2,335.59 $116,125.18
12 $116,125.18 1741.87777 $4,112.50 $2,370.62 $113,754.56
13 $113,754.56 1706.31844 $4,112.50 $2,406.18 $111,348.38
14 $111,348.38 1670.22572 $4,112.50 $2,442.27 $108,906.11
15 $108,906.11 1633.5916 $4,112.50 $2,478.91 $106,427.20
16 $106,427.20 1596.40798 $4,112.50 $2,516.09 $103,911.11
17 $103,911.11 1558.6666 $4,112.50 $2,553.83 $101,357.27
18 $101,357.27 1520.3591 $4,112.50 $2,592.14 $98,765.13
19 $98,765.13 1481.47699 $4,112.50 $2,631.02 $96,134.11
20 $96,134.11 1442.01164 $4,112.50 $2,670.49 $93,463.62
21 $93,463.62 1401.95432 $4,112.50 $2,710.55 $90,753.08
22 $90,753.08 1361.29613 $4,112.50 $2,751.20 $88,001.87
 23 $88,001.87 1320.02808 $4,112.50 $2,792.47 $85,209.40
24 $85,209.40 1278.141 $4,112.50 $2,834.36 $82,375.04
25 $82,375.04 1235.62561 $4,112.50 $2,876.87 $79,498.17
26 $79,498.17 1192.4725 $4,112.50 $2,920.03 $76,578.14
27 $76,578.14 1148.67209 $4,112.50 $2,963.83 $73,614.31
28 $73,614.31 1104.21467 $4,112.50 $3,008.29 $70,606.03
29 $70,606.03 1059.09039 $4,112.50 $3,053.41 $67,552.62
30 $67,552.62 1013.28925 $4,112.50 $3,099.21 $64,453.41
31 $64,453.41 966.801087 $4,112.50 $3,145.70 $61,307.71
32 $61,307.71 919.615604 $4,112.50 $3,192.88 $58,114.82
33 $58,114.82 871.722339 $4,112.50 $3,240.78 $54,874.05
34 $54,874.05 823.110675 $4,112.50 $3,289.39 $51,584.66
35 $51,584.66 773.769836 $4,112.50 $3,338.73 $48,245.93
36 $48,245.93 723.688884 $4,112.50 $3,388.81 $44,857.11
37 $44,857.11 672.856718 $4,112.50 $3,439.64 $41,417.47
38 $41,417.47 621.26207 $4,112.50 $3,491.24 $37,926.23
39 $37,926.23 568.893502 $4,112.50 $3,543.61 $34,382.63
40 $34,382.63 515.739405 $4,112.50 $3,596.76 $30,785.87
41 $30,785.87 461.787997 $4,112.50 $3,650.71 $27,135.15
42 $27,135.15 407.027318 $4,112.50 $3,705.47 $23,429.68
43 $23,429.68 351.445229 $4,112.50 $3,761.05 $19,668.63
44 $19,668.63 295.029408 $4,112.50 $3,817.47 $15,851.16
45 $15,851.16 237.76735 $4,112.50 $3,874.73 $11,976.42
46 $11,976.42 179.646361 $4,112.50 $3,932.85 $8,043.57
47 $8,043.57 120.653557 $4,112.50 $3,991.85 $4,051.72
48 $4,051.72 60.7758613 $4,112.50 $4,051.72 -$0.00

1−( 1,015 )−24

I 24=4112,50∗ ( 0,015 )
∗0,015

I 24=1278,14

Amortización= A−I
Amortización=4112,50−1278,14
Amortización=2834,36
2.- Un crédito de 80,000 va a cancelarse en 5 años, mediante pagos trimestrales de igual valor,
con la tasa de interés del 16% capitalizable trimestralmente. Al terminar el segundo año se
realiza un pago de capital adicional de 10,000, determinar el valor de los nuevos pagos, de
manera de cancelar el crédito en el período restante. Elaborar la tabla de amortización

VA =80000
n=5 años
j=16 %
m=4
i=0,04
VA
A= −n
1−(1+ i)
i
80000
A= −20
1−(1,04)
0,04
A=5886,54

1−( 1+i )−n

VA 2= A∗ [ i ]
1−( 1,04 )−12
VA 2=5886,54∗ [ 0,04 ]
VA 2=55245,612−10000
VA 2=45245,612
VA
A= −n
1−(1+ i)
i
45245,612
A= −12
1−(1,04)
0,04
A=4821,0283
3.- Un crédito de 60,000 va a cancelarse en 3 años, mediante pagos mensuales de igual valor.
Si la tasa de interés es del 15% capitalizable mensualmente, determinar el valor de cada pago.
Si al término del segundo año, la tasa de interés aumenta al 18% capitalizable mensualmente,
determinar el valor del nuevo pago, de manera de cancelar el crédito en el período restante.
Elaborar la tabla de amortización.

VA =60000
n=3 años
j=15 %
m=12
i=0,0125
j=18 %
i=0,015
 VA
A= −n
1−(1+ i)
i
60000
A= −36
1−(1,015)
0,015
A=2079,92

1− (1+i )−n
VA =A∗ [ i ]
1−( 1,0125 )−12
VA =2079,92∗ [0,0125 ]
VA =23044.08
VA
A= −n
1−(1+ i)
i
23044,08
A= −12
1−(1,015)
0,015
A=2112,68

TABLA AMORTIZACION
periodo S. I Interes Pago
1 60000 750 $2,079.92
2 $58,670.08 733.376004 $2,079.92
3 $57,323.54 716.544207 $2,079.92
4 $55,960.16 699.502014 $2,079.92
5 $54,579.74 682.246792 $2,079.92
6 $53,182.07 664.775881 $2,079.92
7 $51,766.93 647.086583 $2,079.92
8 $50,334.09 629.176169 $2,079.92
9 $48,883.35 611.041875 $2,079.92
10 $47,414.47 592.680902 $2,079.92
11 $45,927.23 574.090417 $2,079.92
12 $44,421.40 555.26755 $2,079.92
13 $42,896.75 536.209398 $2,079.92
14 $41,353.04 516.913019 $2,079.92
15 $39,790.03 497.375436 $2,079.92
16 $38,207.49 477.593632 $2,079.92
17 $36,605.16 457.564556 $2,079.92
18 $34,982.81 437.285117 $2,079.92
19 $33,340.17 416.752185 $2,079.92
AMOR. CAP S. F
$1,329.92 $58,670.08
$1,346.54 $57,323.54
$1,363.38 $55,960.16
$1,380.42 $54,579.74
$1,397.67 $53,182.07
$1,415.14 $51,766.93
$1,432.83 $50,334.09
$1,450.74 $48,883.35
$1,468.88 $47,414.47
$1,487.24 $45,927.23
$1,505.83 $44,421.40
$1,524.65 $42,896.75
$1,543.71 $41,353.04
$1,563.01 $39,790.03
$1,582.54 $38,207.49
$1,602.33 $36,605.16
$1,622.36 $34,982.81
$1,642.63 $33,340.17
$1,663.17 $31,677.01
 20 $31,677.01 395.962591 $2,079.92 $1,683.96 $29,993.05
21 $29,993.05 374.913127 $2,079.92 $1,705.01 $28,288.04
22 $28,288.04 353.600544 $2,079.92 $1,726.32 $26,561.72
23 $26,561.72 332.021555 $2,079.92 $1,747.90 $24,813.83
24 $24,813.83 310.172828 $2,079.92 $1,769.75 $23,044.08
25 $23,044.08 345.66119 $2,112.68 $1,767.02 $21,277.06
26 $21,277.06 319.155892 $2,112.68 $1,793.53 $19,483.53
27 $19,483.53 292.253015 $2,112.68 $1,820.43 $17,663.11
28 $17,663.11 264.946595 $2,112.68 $1,847.73 $15,815.37
29 $15,815.37 237.230579 $2,112.68 $1,875.45 $13,939.92
30 $13,939.92 209.098822 $2,112.68 $1,903.58 $12,036.34
31 $12,036.34 180.545089 $2,112.68 $1,932.14 $10,104.20
32 $10,104.20 151.56305 $2,112.68 $1,961.12 $8,143.09
33 $8,143.09 122.14628 $2,112.68 $1,990.53 $6,152.55
34 $6,152.55 92.2882587 $2,112.68 $2,020.39 $4,132.16
35 $4,132.16 61.9823671 $2,112.68 $2,050.70 $2,081.46
36 $2,081.46 31.2218871 $2,112.68 $2,081.46 $0.00

4.- Un crédito de 300000, a 5 años plazo, va a ser cancelado mediante cuotas trimestrales, a la
tasa del 18% capitalizable trimestralmente, con cuotas constantes, las cuales se incrementan
cada año en el 15%. Determinar el valor de las cuotas y elaborar la tabla de amortización para
el primero y quinto año

VA =300000
n=5 años
j=18 %
m=4
i=0,045
ir=15 %

VA =A 1 ¿ =

300000
A1=
16,7033
A1=17960,511

A5 =17960,511∗¿

A5 =31413,04
 TABLA AMORTIZACION
periodo S. I Interés Pago AMOR. CAP S. F
1 $300,000.00 13500 $17,960.511 $4,460.51 $295,539.49
2 $295,539.49 13299.277 $17,960.511 $4,661.23 $290,878.26
3 $290,878.26 13089.5215 $17,960.511 $4,870.99 $286,007.27
4 $286,007.27 12870.327 $17,960.511 $5,090.18 $280,917.08
5 $280,917.08 12641.2687 $20,654.588 $8,013.32 $272,903.76
6 $272,903.76 12280.6693 $20,654.588 $8,373.92 $264,529.84
7 $264,529.84 11903.843 $20,654.588 $8,750.74 $255,779.10
8 $255,779.10 11510.0595 $20,654.588 $9,144.53 $246,634.57
9 $246,634.57 11098.5558 $23,752.776 $12,654.22 $233,980.35
10 $233,980.35 10529.1159 $23,752.776 $13,223.66 $220,756.69
11 $220,756.69 9934.05116 $23,752.776 $13,818.72 $206,937.97
12 $206,937.97 9312.20856 $23,752.776 $14,440.57 $192,497.40
13 $192,497.40 8662.38304 $27,315.692 $18,653.31 $173,844.09
14 $173,844.09 7822.98414 $27,315.692 $19,492.71 $154,351.38
15 $154,351.38 6945.81228 $27,315.692 $20,369.88 $133,981.50
16 $133,981.50 6029.1677 $27,315.692 $21,286.52 $112,694.98
17 $112,694.98 5071.2741 $31,413.046 $26,341.77 $86,353.21
18 $86,353.21 3885.89437 $31,413.046 $27,527.15 $58,826.06
19 $58,826.06 2647.17256 $31,413.046 $28,765.87 $30,060.184
20 $30,060.18 1352.70826 $31,413.046 $30,060.34 -$0.15

5.- Un crédito de 250000, a 8 años plazo, a la tasa del 15% capitalizable anualmente, va a
amortizarse mediante cuotas en progresión aritmética creciente. Si la diferencia entre dos
cuotas debe ser de 5000, determinar: a) el valor de la primera cuota y elaborar la tabla de
amortización. b) el valor del quinto pago; y, c) el saldo de la deuda después de éste pago.

VA =250000
n=8 años
i=15 %
d=5000

−n
d 1−( 1+i )

A1=
( VA− ∗
i [ i
− n∗( 1+i ) ]
−n
)
−n
1−( 1+ i )
[ i ]
 −8
5000 1−( 1,15 )

A1=
( 250000−
0,15
∗ [
0,15
−8∗(1,15 )
−8
] )
−8
1−( 1,15 )
[ 0,15 ]
A1=41805,8796

TABLA AMORTIZACION
period
o S. I Interés Pago AMOR. CAP S. F
1 $250,000.00 $37,500.00 $41,805.880 $4,305.88 $245,694.12
2 $245,694.12 $36,854.12 $46,805.880 $9,951.76 $235,742.36
3 $235,742.36 $35,361.35 $51,805.880 $16,444.53 $219,297.83
4 $219,297.83 $32,894.67 $56,805.880 $23,911.20 $195,386.63
5 $195,386.63 $29,307.99 $61,805.880 $32,497.89 $162,888.74
6 $162,888.74 $24,433.31 $66,805.880 $42,372.57 $120,516.17
7 $120,516.17 $18,077.43 $71,805.880 $53,728.45 $66,787.72
8 $66,787.72 $10,018.16 $76,805.880 $66,787.72 $0.00

A5 =A 1+ ( n−1 )∗d

A5 =41805,8796+ ( 4 )∗5000

A5 =51805,8795

A6 =A 1 + ( n−1 )∗d

A6 =41805,8796+ ( 5 )∗5000

A6 =66805,875

1−( 1+i )−n d 1−( 1+i )−n

VA =A 6∗ [
i
+
i ] ([ i ]
−n∗( 1+i )
−n
)
1− (1,15 )−3 5000 1−( 1,15 )−3
VA =66805,875∗
0,15[ +
0,15 ] ([ 0,15 ]
− 3∗( 1,15 )
−3
)
VA =162888,743
6.- Un crédito de 180000, a 6 años plazo, a la tasa del 14% capitalizable anualmente, va a
amortizarse mediante cuotas anuales en progresión aritmética decreciente. Si la diferencia
entre dos cuotas debe ser de 5000, determinar el valor de la primera cuota y elaborar la tabla
de amortización.
VA =180000
n=6 años
i=14 %
d=5000

−n
d 1−( 1+i )

A1=
( VA + ∗
i [ i
−n∗( 1+ i ) ]
−n
)
−n
1− (1+i )
[ i ]
−6
5000 1−( 1,14 )

A1=
( 180000+
0,14
∗
0,14[ −6∗(1,14 )
−6
] )
−6
1−( 1,14 )
[ 0,14 ]
A1=56987,4572

TABLA AMORTIZACION
periodo S. I Interes Pago AMOR. CAP S. F
1 $180,000.00 $25,200.00 $56,897.457 $31,697.46 $148,302.54
2 $148,302.54 $20,762.36 $51,897.457 $31,135.10 $117,167.44
3 $117,167.44 $16,403.44 $46,897.457 $30,494.02 $86,673.43
4 $86,673.43 $12,134.28 $41,897.457 $29,763.18 $56,910.25
5 $56,910.25 $7,967.43 $36,897.457 $28,930.02 $27,980.23
6 $27,980.23 $3,917.23 $31,897.457 $27,980.23 $0.00

7.- Una deuda de 300000 va a amortizarse en 4 años, mediante cuotas trimestrales crecientes
en progresión geométrica. Si la tasa de crecimiento trimestral de los pagos es del 6% y la tasa
de interés del 12% capitalizable trimestralmente, determinar el valor de la primera cuota y
elaborar la tabla de amortización.

VA =300000
n=4 años
j=12 %
i=0.03
 m=4
ir=6 %

(1+i r )n (1+i )−n−1

VA =A 1
[
(1+i r )−(1+ i) ]
300000= A 1 ¿
300000
A 1=
19,43543946

A 1=15435,71992

TABLA AMORTIZACION
period
o S. I Interes Pago AMOR. CAP S. F
1 $300,000.00 9000 $15,435.720 $6,435.72 $293,564.28
2 $293,564.28 8806.9284 $16,361.863 $7,554.93 $286,009.35
3 $286,009.35 8580.28036 $17,343.575 $8,763.29 $277,246.05
4 $277,246.05 8317.38153 $18,384.189 $10,066.81 $267,179.24
5 $267,179.24 8015.37729 $19,487.241 $11,471.86 $255,707.38
6 $255,707.38 7671.22139 $20,656.475 $12,985.25 $242,722.13
7 $242,722.13 7281.66377 $21,895.864 $14,614.20 $228,107.93
8 $228,107.93 6843.23778 $23,209.616 $16,366.38 $211,741.55
9 $211,741.55 6352.24644 $24,602.192 $18,249.95 $193,491.60
10 $193,491.60 5804.74806 $26,078.324 $20,273.58 $173,218.03
11 $173,218.03 5196.54079 $27,643.023 $22,446.48 $150,771.54
12 $150,771.54 4523.14631 $29,301.605 $24,778.46 $125,993.09
13 $125,993.09 3779.79255 $31,059.701 $27,279.91 $98,713.18
14 $98,713.18 2961.3953 $32,923.283 $29,961.89 $68,751.29
15 $68,751.29 2062.53866 $34,898.680 $32,836.14 $35,915.15
16 $35,915.15 1077.45441 $36,992.601 $35,915.15 $0.00

8.- Un crédito por 600000 va a amortizarse en 3 años, mediante cuotas semestrales

decrecientes en progresión geométrica. Si la tasa de decrecimiento semestral de los pagos es
del 10% y la tasa de interés del 16% capitalizable semestralmente, determinar el valor de la
primera cuota y elaborar la tabla de amortización.

VA =600000
n=3 años
j=16 %
i=0.08
 m=2
ir=10 %

( 1+i )−n

VA =A 1
[ ]
( 1+i r )
1
( 1+ir )
n
−1

−(1+i)

( 1,08 )−6

600000=A 1
[ ]
1
(1,1 )6

(1,1 )

A 1=159161,4698
−1

−(1,08)

TABLA AMORTIZACION
periodo S. I Interés Pago AMOR. CAP S. F
1 $600,000.00 48000 $159,161.470 $111,161.47 $488,838.53
2 $488,838.53 39107.0824 $144,692.245 $105,585.16 $383,253.37
3 $383,253.37 30660.2694 $131,538.405 $100,878.14 $282,375.23
4 $282,375.23 22590.0186 $119,580.368 $96,990.35 $185,384.88
5 $185,384.88 14830.7906 $108,709.425 $93,878.63 $91,506.25
6 $91,506.25 7320.49981 $98,826.750 $91,506.25 -$0.00

9.- El Banco SA concede un crédito de 1000000 a 6 años de plazo, incluido 2 de gracia, a la tasa
de interés del 15% capitalizable trimestralmente. Elaborar la tabla de amortización si durante
el periodo de gracia se cancela los intereses cada trimestre y los pagos periódicos para
cancelar el crédito se realizan al final de cada trimestre.

VA =1000000
n=6 años 2 de gracia
j=15 %
i=0.0375
m=4
I =VA∗i
I =1000000∗0.0375
I 1=37500

I 8=37500

VA
A= −n
1−(1+ i)
i
100 0000
A= −16
1−(1,0 375)
0,0375
A=84,244.83

TABLA AMORTIZACION
periodo S. I Interes Pago AMOR. CAP S. F
1 1000000 37500 $37,500.00 $0.00 $1,000,000.00
2 $1,000,000.00 37500 $37,500.00 $0.00 $1,000,000.00
3 $1,000,000.00 37500 $37,500.00 $0.00 $1,000,000.00
4 $1,000,000.00 37500 $37,500.00 $0.00 $1,000,000.00
5 $1,000,000.00 37500 $37,500.00 $0.00 $1,000,000.00
6 $1,000,000.00 37500 $37,500.00 $0.00 $1,000,000.00
7 $1,000,000.00 37500 $37,500.00 $0.00 $1,000,000.00
8 $1,000,000.00 37500 $37,500.00 $0.00 $1,000,000.00
9 $1,000,000.00 37500 $84,244.83 $46,744.83 $953,255.17
10 $953,255.17 35747.069 $84,244.83 $48,497.76 $904,757.42
11 $904,757.42 33928.4031 $84,244.83 $50,316.42 $854,440.99
12 $854,440.99 32041.5372 $84,244.83 $52,203.29 $802,237.70
13 $802,237.70 30083.9138 $84,244.83 $54,160.91 $748,076.79
14 $748,076.79 28052.8796 $84,244.83 $56,191.95 $691,884.84
15 $691,884.84 25945.6815 $84,244.83 $58,299.15 $633,585.70
16 $633,585.70 23759.4636 $84,244.83 $60,485.36 $573,100.33
17 $573,100.33 21491.2625 $84,244.83 $62,753.56 $510,346.77
18 $510,346.77 19138.0038 $84,244.83 $65,106.82 $445,239.94
19 $445,239.94 16696.4979 $84,244.83 $67,548.33 $377,691.62
20 $377,691.62 14163.4356 $84,244.83 $70,081.39 $307,610.22
21 $307,610.22 11535.3834 $84,244.83 $72,709.44 $234,900.78
22 $234,900.78 8808.77926 $84,244.83 $75,436.05 $159,464.73
23 $159,464.73 5979.92748 $84,244.83 $78,264.90 $81,199.83
24 $81,199.83 3044.99375 $84,244.83 $81,199.83 $0.00
10.- El Banco SA concede un crédito de 500000 a 5 años de plazo, incluido 1 de gracia, a la tasa
de interés del 18% capitalizable trimestralmente. Elaborar la tabla de amortización si durante
el periodo de gracia no se cancelan los intereses, sino que se capitalizan al finalizar cada
trimestre; y, los pagos periódicos para cancelar el crédito se realizan al final de cada trimestre.

VA =5 00000
n=5 años 1 de gracia
j=1 8 %
i=0.0 45
m=4
I =VA∗i
I =5 00000∗0.0 45
I 1=22500

S=500000∗(1,045) 4
S=596259,3003
VA
A=
1−(1+ i)−n
i
596259,3003
A=
1−(1,0 45)−16
0,0 45
A=53076,2419

TABLA AMORTIZACION
periodo S. I Interes Pago AMOR. CAP S. F
1 500000 22500 $0.000 $0.00 $522,500.00
2 $522,500.00 23512.5 $0.000 $0.00 $546,012.50
3 $546,012.50 24570.5625 $0.000 $0.00 $570,583.06
4 $570,583.06 25676.2378 $0.000 $0.00 $596,259.30
5 $596,259.30 26831.6685 $53,076.242 $26,244.57 $570,014.73
6 $570,014.73 25650.6627 $53,076.242 $27,425.58 $542,589.15
7 $542,589.15 24416.5116 $53,076.242 $28,659.73 $513,929.42
8 $513,929.42 23126.8238 $53,076.242 $29,949.42 $483,980.00
9 $483,980.00 21779.1 $53,076.242 $31,297.14 $452,682.86
10 $452,682.86 20370.7286 $53,076.242 $32,705.51 $419,977.34
11 $419,977.34 18898.9805 $53,076.242 $34,177.26 $385,800.08
12 $385,800.08 17361.0037 $53,076.242 $35,715.24 $350,084.84
13 $350,084.84 15753.818 $53,076.242 $37,322.42 $312,762.42
14 $312,762.42 14074.3089 $53,076.242 $39,001.93 $273,760.49
15 $273,760.49 12319.2219 $53,076.242 $40,757.02 $233,003.47
16 $233,003.47 10485.156 $53,076.242 $42,591.09 $190,412.38
17 $190,412.38 8568.55718 $53,076.242 $44,507.68 $145,904.70
18 $145,904.70 6565.71137 $53,076.242 $46,510.53 $99,394.17
19 $99,394.17 4472.73749 $53,076.242 $48,603.50 $50,790.66
20 $50,790.66 2285.5798 $53,076.242 $50,790.66 $0.00