CASO PRACTICO UNIDAD 1

FERNEY ALONSO GONZALEZ RESTREPO

Mg ENRIQUE GARCIA

MATEMATICA FINANCIERA

CORPORACIÓN UNIVERSITARIA DE ASTURIAS

PROGRAMA DE ADMINISTRACIÓN DE EMPRESAS

MEDELLIN
2021
Tabla de contenido
Introducción ............................................................................................................ 1
Caso práctico uno ................................................................................................... 2
Solución caso práctico uno .................................................................................. 3,4
Conclusión ................................................................................................................ 5
Bibliografía ....................................................................................................... 5

1
 INTRODUCCION

La matemática Financiera nos ayuda a comprender y tener una salud en las finanzas
porque determinamos que beneficios puede tener un ahorro o un crédito en una entidad
financiera y cuáles son las garantía a mediano corto y largo plazo
En la asignatura podemos aprender todos los conceptos, formulas y demás referenciad
teórico practicas sobre los aspectos financieros de una empresa o un individuo. Por lo
tanto sirve de base para el estudio de las diferentes proyecciones personales u
organizacionales que podamos tener en el contexto personal o laboral.
La base fundamental de este tema es el aprendizaje de una base contable para evaluar
diferentes aspectos como inversiones, capacidad de endeudamiento, rentabilidad en el
ahorro y salud financiera entre otros.

2
 Caso Práctico uno

Enunciado Rentas Miguel y Ana han realizado un proceso de ahorro durante varios años, con el fin de
garantizar unos ingresos adicionales para su vejez; para esto, miguel ha estado ahorrando en un banco
$35.000 mensuales durante 20 años y le ofrecieron una tasa del 3%EA. Por su parte, Ana ha realizado
ahorro en una cooperativa por 15 años de $75.000 trimestrales a una tasa de 4%EA. Con el fin asegurar un
dinero extra para su vejez, Miguel y Ana han pensado retirar el ahorro realizado e ingresarlo a una fiducia
que les pagaría un valor mensual por 20 años, con una tasa del 2.5%EM. De acuerdo a lo anterior: 1. ¿A
cuánto asciende el monto que le pagará la fiducia a Miguel y Ana mensual? GLOSARIO: Renta: Beneficio
que brinda algo. Capitales con vencimientos establecidos Interés: Índice que registra bien sea la rentabilidad
de un ahorro o inversión o el costo de un crédito

Solución caso práctico unidad uno

Ejercicio Propuesto en Caso Practico Uno

Datos Suministrados
Miguel Ana
Ahorro $ 35.000 Mensual Ahorro $ 75.000
20 Años 15
tiempo Tiempo
240 Meses 60
3% EA 4%
Tasa Tasa
2,5% Mensual 1%
VF $ 11.439.906 En 20 Años VF $ 609.644.620

Estudio Para Miguel

Ahorro $ 11.439.906
N per 20 Años
N per 240 Mensual
Em 2,5%
Pago $ 286.762,87
Periodo Pago Fijo Mensual Interés Pago total Saldo
0 $ 11.439.906
1 $ 286.762,87 $ 285.997,64 $ 765,23 $ 11.439.140,30
2 $ 286.762,87 $ 285.978,51 $ 784,36 $ 11.438.355,94
3 $ 286.762,87 $ 285.958,90 $ 803,97 $ 11.437.551,96
4 $ 286.762,87 $ 285.938,80 $ 824,07 $ 11.436.727,89

3
 5 $ 286.762,87 $ 285.918,20 $ 844,67 $ 11.435.883,22
6 $ 286.762,87 $ 285.897,08 $ 865,79 $ 11.435.017,43
7 $ 286.762,87 $ 285.875,44 $ 887,43 $ 11.434.130,00
8 $ 286.762,87 $ 285.853,25 $ 909,62 $ 11.433.220,38
9 $ 286.762,87 $ 285.830,51 $ 932,36 $ 11.432.288,02
10 $ 286.762,87 $ 285.807,20 $ 955,67 $ 11.431.332,35
11 $ 286.762,87 $ 285.783,31 $ 979,56 $ 11.430.352,79
12 $ 286.762,87 $ 285.758,82 $ 1.004,05 $ 11.429.348,73
13 $ 286.762,87 $ 285.733,72 $ 1.029,15 $ 11.428.319,58
14 $ 286.762,87 $ 285.707,99 $ 1.054,88 $ 11.427.264,70
15 $ 286.762,87 $ 285.681,62 $ 1.081,25 $ 11.426.183,45
16 $ 286.762,87 $ 285.654,59 $ 1.108,28 $ 11.425.075,17
17 $ 286.762,87 $ 285.626,88 $ 1.135,99 $ 11.423.939,18
18 $ 286.762,87 $ 285.598,48 $ 1.164,39 $ 11.422.774,79
19 $ 286.762,87 $ 285.569,37 $ 1.193,50 $ 11.421.581,28
20 $ 286.762,87 $ 285.539,53 $ 1.223,34 $ 11.420.357,95
21 $ 286.762,87 $ 285.508,95 $ 1.253,92 $ 11.419.104,03
22 $ 286.762,87 $ 285.477,60 $ 1.285,27 $ 11.417.818,76
23 $ 286.762,87 $ 285.445,47 $ 1.317,40 $ 11.416.501,36
24 $ 286.762,87 $ 285.412,53 $ 1.350,34 $ 11.415.151,02
25 $ 286.762,87 $ 285.378,78 $ 1.384,09 $ 11.413.766,92
26 $ 286.762,87 $ 285.344,17 $ 1.418,70 $ 11.412.348,23
27 $ 286.762,87 $ 285.308,71 $ 1.454,16 $ 11.410.894,06
28 $ 286.762,87 $ 285.272,35 $ 1.490,52 $ 11.409.403,54
29 $ 286.762,87 $ 285.235,09 $ 1.527,78 $ 11.407.875,76
30 $ 286.762,87 $ 285.196,89 $ 1.565,98 $ 11.406.309,79
31 $ 286.762,87 $ 285.157,74 $ 1.605,13 $ 11.404.704,66
32 $ 286.762,87 $ 285.117,62 $ 1.645,25 $ 11.403.059,41
33 $ 286.762,87 $ 285.076,49 $ 1.686,38 $ 11.401.373,02
34 $ 286.762,87 $ 285.034,33 $ 1.728,54 $ 11.399.644,48
35 $ 286.762,87 $ 284.991,11 $ 1.771,76 $ 11.397.872,72
36 $ 286.762,87 $ 284.946,82 $ 1.816,05 $ 11.396.056,67
37 $ 286.762,87 $ 284.901,42 $ 1.861,45 $ 11.394.195,22
38 $ 286.762,87 $ 284.854,88 $ 1.907,99 $ 11.392.287,23
39 $ 286.762,87 $ 284.807,18 $ 1.955,69 $ 11.390.331,54
40 $ 286.762,87 $ 284.758,29 $ 2.004,58 $ 11.388.326,96
41 $ 286.762,87 $ 284.708,17 $ 2.054,70 $ 11.386.272,26
42 $ 286.762,87 $ 284.656,81 $ 2.106,06 $ 11.384.166,20
43 $ 286.762,87 $ 284.604,15 $ 2.158,72 $ 11.382.007,48
44 $ 286.762,87 $ 284.550,19 $ 2.212,68 $ 11.379.794,80
45 $ 286.762,87 $ 284.494,87 $ 2.268,00 $ 11.377.526,80
46 $ 286.762,87 $ 284.438,17 $ 2.324,70 $ 11.375.202,10
47 $ 286.762,87 $ 284.380,05 $ 2.382,82 $ 11.372.819,28

4
48 $ 286.762,87 $ 284.320,48 $ 2.442,39 $ 11.370.376,89
49 $ 286.762,87 $ 284.259,42 $ 2.503,45 $ 11.367.873,45
50 $ 286.762,87 $ 284.196,84 $ 2.566,03 $ 11.365.307,41
51 $ 286.762,87 $ 284.132,69 $ 2.630,18 $ 11.362.677,23
52 $ 286.762,87 $ 284.066,93 $ 2.695,94 $ 11.359.981,29
53 $ 286.762,87 $ 283.999,53 $ 2.763,34 $ 11.357.217,95
54 $ 286.762,87 $ 283.930,45 $ 2.832,42 $ 11.354.385,53
55 $ 286.762,87 $ 283.859,64 $ 2.903,23 $ 11.351.482,30
56 $ 286.762,87 $ 283.787,06 $ 2.975,81 $ 11.348.506,48
57 $ 286.762,87 $ 283.712,66 $ 3.050,21 $ 11.345.456,28
58 $ 286.762,87 $ 283.636,41 $ 3.126,46 $ 11.342.329,81
59 $ 286.762,87 $ 283.558,25 $ 3.204,62 $ 11.339.125,19
60 $ 286.762,87 $ 283.478,13 $ 3.284,74 $ 11.335.840,45
61 $ 286.762,87 $ 283.396,01 $ 3.366,86 $ 11.332.473,59
62 $ 286.762,87 $ 283.311,84 $ 3.451,03 $ 11.329.022,56
63 $ 286.762,87 $ 283.225,56 $ 3.537,31 $ 11.325.485,25
64 $ 286.762,87 $ 283.137,13 $ 3.625,74 $ 11.321.859,51
65 $ 286.762,87 $ 283.046,49 $ 3.716,38 $ 11.318.143,13
66 $ 286.762,87 $ 282.953,58 $ 3.809,29 $ 11.314.333,84
67 $ 286.762,87 $ 282.858,35 $ 3.904,52 $ 11.310.429,32
68 $ 286.762,87 $ 282.760,73 $ 4.002,14 $ 11.306.427,18
69 $ 286.762,87 $ 282.660,68 $ 4.102,19 $ 11.302.324,99
70 $ 286.762,87 $ 282.558,12 $ 4.204,75 $ 11.298.120,24
71 $ 286.762,87 $ 282.453,01 $ 4.309,86 $ 11.293.810,38
72 $ 286.762,87 $ 282.345,26 $ 4.417,61 $ 11.289.392,77
73 $ 286.762,87 $ 282.234,82 $ 4.528,05 $ 11.284.864,72
74 $ 286.762,87 $ 282.121,62 $ 4.641,25 $ 11.280.223,47
75 $ 286.762,87 $ 282.005,59 $ 4.757,28 $ 11.275.466,18
76 $ 286.762,87 $ 281.886,65 $ 4.876,22 $ 11.270.589,97
77 $ 286.762,87 $ 281.764,75 $ 4.998,12 $ 11.265.591,85
78 $ 286.762,87 $ 281.639,80 $ 5.123,07 $ 11.260.468,77
79 $ 286.762,87 $ 281.511,72 $ 5.251,15 $ 11.255.217,62
80 $ 286.762,87 $ 281.380,44 $ 5.382,43 $ 11.249.835,19
81 $ 286.762,87 $ 281.245,88 $ 5.516,99 $ 11.244.318,20
82 $ 286.762,87 $ 281.107,96 $ 5.654,91 $ 11.238.663,29
83 $ 286.762,87 $ 280.966,58 $ 5.796,29 $ 11.232.867,00
84 $ 286.762,87 $ 280.821,67 $ 5.941,20 $ 11.226.925,80
85 $ 286.762,87 $ 280.673,15 $ 6.089,72 $ 11.220.836,08
86 $ 286.762,87 $ 280.520,90 $ 6.241,97 $ 11.214.594,11
87 $ 286.762,87 $ 280.364,85 $ 6.398,02 $ 11.208.196,09
88 $ 286.762,87 $ 280.204,90 $ 6.557,97 $ 11.201.638,13
89 $ 286.762,87 $ 280.040,95 $ 6.721,92 $ 11.194.916,21
90 $ 286.762,87 $ 279.872,91 $ 6.889,96 $ 11.188.026,24

5
91 $ 286.762,87 $ 279.700,66 $ 7.062,21 $ 11.180.964,03
92 $ 286.762,87 $ 279.524,10 $ 7.238,77 $ 11.173.725,26
93 $ 286.762,87 $ 279.343,13 $ 7.419,74 $ 11.166.305,52
94 $ 286.762,87 $ 279.157,64 $ 7.605,23 $ 11.158.700,29
95 $ 286.762,87 $ 278.967,51 $ 7.795,36 $ 11.150.904,93
96 $ 286.762,87 $ 278.772,62 $ 7.990,25 $ 11.142.914,68
97 $ 286.762,87 $ 278.572,87 $ 8.190,00 $ 11.134.724,68
98 $ 286.762,87 $ 278.368,12 $ 8.394,75 $ 11.126.329,93
99 $ 286.762,87 $ 278.158,25 $ 8.604,62 $ 11.117.725,30
100 $ 286.762,87 $ 277.943,13 $ 8.819,74 $ 11.108.905,57
101 $ 286.762,87 $ 277.722,64 $ 9.040,23 $ 11.099.865,34
102 $ 286.762,87 $ 277.496,63 $ 9.266,24 $ 11.090.599,10
103 $ 286.762,87 $ 277.264,98 $ 9.497,89 $ 11.081.101,21
104 $ 286.762,87 $ 277.027,53 $ 9.735,34 $ 11.071.365,87
105 $ 286.762,87 $ 276.784,15 $ 9.978,72 $ 11.061.387,14
106 $ 286.762,87 $ 276.534,68 $ 10.228,19 $ 11.051.158,95
107 $ 286.762,87 $ 276.278,97 $ 10.483,90 $ 11.040.675,06
108 $ 286.762,87 $ 276.016,88 $ 10.745,99 $ 11.029.929,06
109 $ 286.762,87 $ 275.748,23 $ 11.014,64 $ 11.018.914,42
110 $ 286.762,87 $ 275.472,86 $ 11.290,01 $ 11.007.624,41
111 $ 286.762,87 $ 275.190,61 $ 11.572,26 $ 10.996.052,15
112 $ 286.762,87 $ 274.901,30 $ 11.861,57 $ 10.984.190,58
113 $ 286.762,87 $ 274.604,76 $ 12.158,11 $ 10.972.032,48
114 $ 286.762,87 $ 274.300,81 $ 12.462,06 $ 10.959.570,42
115 $ 286.762,87 $ 273.989,26 $ 12.773,61 $ 10.946.796,81
116 $ 286.762,87 $ 273.669,92 $ 13.092,95 $ 10.933.703,86
117 $ 286.762,87 $ 273.342,60 $ 13.420,27 $ 10.920.283,59
118 $ 286.762,87 $ 273.007,09 $ 13.755,78 $ 10.906.527,81
119 $ 286.762,87 $ 272.663,20 $ 14.099,67 $ 10.892.428,13
120 $ 286.762,87 $ 272.310,70 $ 14.452,17 $ 10.877.975,97
121 $ 286.762,87 $ 271.949,40 $ 14.813,47 $ 10.863.162,49
122 $ 286.762,87 $ 271.579,06 $ 15.183,81 $ 10.847.978,69
123 $ 286.762,87 $ 271.199,47 $ 15.563,40 $ 10.832.415,28
124 $ 286.762,87 $ 270.810,38 $ 15.952,49 $ 10.816.462,80
125 $ 286.762,87 $ 270.411,57 $ 16.351,30 $ 10.800.111,50
126 $ 286.762,87 $ 270.002,79 $ 16.760,08 $ 10.783.351,41
127 $ 286.762,87 $ 269.583,79 $ 17.179,08 $ 10.766.172,33
128 $ 286.762,87 $ 269.154,31 $ 17.608,56 $ 10.748.563,77
129 $ 286.762,87 $ 268.714,09 $ 18.048,78 $ 10.730.514,99
130 $ 286.762,87 $ 268.262,87 $ 18.500,00 $ 10.712.015,00
131 $ 286.762,87 $ 267.800,37 $ 18.962,50 $ 10.693.052,50
132 $ 286.762,87 $ 267.326,31 $ 19.436,56 $ 10.673.615,94
133 $ 286.762,87 $ 266.840,40 $ 19.922,47 $ 10.653.693,47

6
134 $ 286.762,87 $ 266.342,34 $ 20.420,53 $ 10.633.272,94
135 $ 286.762,87 $ 265.831,82 $ 20.931,05 $ 10.612.341,89
136 $ 286.762,87 $ 265.308,55 $ 21.454,32 $ 10.590.887,57
137 $ 286.762,87 $ 264.772,19 $ 21.990,68 $ 10.568.896,89
138 $ 286.762,87 $ 264.222,42 $ 22.540,45 $ 10.546.356,44
139 $ 286.762,87 $ 263.658,91 $ 23.103,96 $ 10.523.252,48
140 $ 286.762,87 $ 263.081,31 $ 23.681,56 $ 10.499.570,92
141 $ 286.762,87 $ 262.489,27 $ 24.273,60 $ 10.475.297,33
142 $ 286.762,87 $ 261.882,43 $ 24.880,44 $ 10.450.416,89
143 $ 286.762,87 $ 261.260,42 $ 25.502,45 $ 10.424.914,44
144 $ 286.762,87 $ 260.622,86 $ 26.140,01 $ 10.398.774,43
145 $ 286.762,87 $ 259.969,36 $ 26.793,51 $ 10.371.980,92
146 $ 286.762,87 $ 259.299,52 $ 27.463,35 $ 10.344.517,58
147 $ 286.762,87 $ 258.612,94 $ 28.149,93 $ 10.316.367,65
148 $ 286.762,87 $ 257.909,19 $ 28.853,68 $ 10.287.513,97
149 $ 286.762,87 $ 257.187,85 $ 29.575,02 $ 10.257.938,95
150 $ 286.762,87 $ 256.448,47 $ 30.314,40 $ 10.227.624,55
151 $ 286.762,87 $ 255.690,61 $ 31.072,26 $ 10.196.552,29
152 $ 286.762,87 $ 254.913,81 $ 31.849,06 $ 10.164.703,23
153 $ 286.762,87 $ 254.117,58 $ 32.645,29 $ 10.132.057,94
154 $ 286.762,87 $ 253.301,45 $ 33.461,42 $ 10.098.596,52
155 $ 286.762,87 $ 252.464,91 $ 34.297,96 $ 10.064.298,56
156 $ 286.762,87 $ 251.607,46 $ 35.155,41 $ 10.029.143,16
157 $ 286.762,87 $ 250.728,58 $ 36.034,29 $ 9.993.108,87
158 $ 286.762,87 $ 249.827,72 $ 36.935,15 $ 9.956.173,72
159 $ 286.762,87 $ 248.904,34 $ 37.858,53 $ 9.918.315,19
160 $ 286.762,87 $ 247.957,88 $ 38.804,99 $ 9.879.510,20
161 $ 286.762,87 $ 246.987,76 $ 39.775,11 $ 9.839.735,09
162 $ 286.762,87 $ 245.993,38 $ 40.769,49 $ 9.798.965,59
163 $ 286.762,87 $ 244.974,14 $ 41.788,73 $ 9.757.176,86
164 $ 286.762,87 $ 243.929,42 $ 42.833,45 $ 9.714.343,42
165 $ 286.762,87 $ 242.858,59 $ 43.904,28 $ 9.670.439,13
166 $ 286.762,87 $ 241.760,98 $ 45.001,89 $ 9.625.437,24
167 $ 286.762,87 $ 240.635,93 $ 46.126,94 $ 9.579.310,30
168 $ 286.762,87 $ 239.482,76 $ 47.280,11 $ 9.532.030,19
169 $ 286.762,87 $ 238.300,75 $ 48.462,12 $ 9.483.568,07
170 $ 286.762,87 $ 237.089,20 $ 49.673,67 $ 9.433.894,40
171 $ 286.762,87 $ 235.847,36 $ 50.915,51 $ 9.382.978,89
172 $ 286.762,87 $ 234.574,47 $ 52.188,40 $ 9.330.790,50
173 $ 286.762,87 $ 233.269,76 $ 53.493,11 $ 9.277.297,39
174 $ 286.762,87 $ 231.932,43 $ 54.830,44 $ 9.222.466,95
175 $ 286.762,87 $ 230.561,67 $ 56.201,20 $ 9.166.265,76
176 $ 286.762,87 $ 229.156,64 $ 57.606,23 $ 9.108.659,53

7
177 $ 286.762,87 $ 227.716,49 $ 59.046,38 $ 9.049.613,15
178 $ 286.762,87 $ 226.240,33 $ 60.522,54 $ 8.989.090,61
179 $ 286.762,87 $ 224.727,27 $ 62.035,60 $ 8.927.055,00
180 $ 286.762,87 $ 223.176,38 $ 63.586,49 $ 8.863.468,51
181 $ 286.762,87 $ 221.586,71 $ 65.176,16 $ 8.798.292,35
182 $ 286.762,87 $ 219.957,31 $ 66.805,56 $ 8.731.486,79
183 $ 286.762,87 $ 218.287,17 $ 68.475,70 $ 8.663.011,09
184 $ 286.762,87 $ 216.575,28 $ 70.187,59 $ 8.592.823,50
185 $ 286.762,87 $ 214.820,59 $ 71.942,28 $ 8.520.881,21
186 $ 286.762,87 $ 213.022,03 $ 73.740,84 $ 8.447.140,37
187 $ 286.762,87 $ 211.178,51 $ 75.584,36 $ 8.371.556,01
188 $ 286.762,87 $ 209.288,90 $ 77.473,97 $ 8.294.082,04
189 $ 286.762,87 $ 207.352,05 $ 79.410,82 $ 8.214.671,23
190 $ 286.762,87 $ 205.366,78 $ 81.396,09 $ 8.133.275,14
191 $ 286.762,87 $ 203.331,88 $ 83.430,99 $ 8.049.844,14
192 $ 286.762,87 $ 201.246,10 $ 85.516,77 $ 7.964.327,38
193 $ 286.762,87 $ 199.108,18 $ 87.654,69 $ 7.876.672,69
194 $ 286.762,87 $ 196.916,82 $ 89.846,05 $ 7.786.826,64
195 $ 286.762,87 $ 194.670,67 $ 92.092,20 $ 7.694.734,44
196 $ 286.762,87 $ 192.368,36 $ 94.394,51 $ 7.600.339,93
197 $ 286.762,87 $ 190.008,50 $ 96.754,37 $ 7.503.585,55
198 $ 286.762,87 $ 187.589,64 $ 99.173,23 $ 7.404.412,32
199 $ 286.762,87 $ 185.110,31 $ 101.652,56 $ 7.302.759,76
200 $ 286.762,87 $ 182.568,99 $ 104.193,88 $ 7.198.565,89
201 $ 286.762,87 $ 179.964,15 $ 106.798,72 $ 7.091.767,16
202 $ 286.762,87 $ 177.294,18 $ 109.468,69 $ 6.982.298,47
203 $ 286.762,87 $ 174.557,46 $ 112.205,41 $ 6.870.093,06
204 $ 286.762,87 $ 171.752,33 $ 115.010,54 $ 6.755.082,52
205 $ 286.762,87 $ 168.877,06 $ 117.885,81 $ 6.637.196,71
206 $ 286.762,87 $ 165.929,92 $ 120.832,95 $ 6.516.363,76
207 $ 286.762,87 $ 162.909,09 $ 123.853,78 $ 6.392.509,99
208 $ 286.762,87 $ 159.812,75 $ 126.950,12 $ 6.265.559,86
209 $ 286.762,87 $ 156.639,00 $ 130.123,87 $ 6.135.435,99
210 $ 286.762,87 $ 153.385,90 $ 133.376,97 $ 6.002.059,02
211 $ 286.762,87 $ 150.051,48 $ 136.711,39 $ 5.865.347,63
212 $ 286.762,87 $ 146.633,69 $ 140.129,18 $ 5.725.218,45
213 $ 286.762,87 $ 143.130,46 $ 143.632,41 $ 5.581.586,04
214 $ 286.762,87 $ 139.539,65 $ 147.223,22 $ 5.434.362,82
215 $ 286.762,87 $ 135.859,07 $ 150.903,80 $ 5.283.459,02
216 $ 286.762,87 $ 132.086,48 $ 154.676,39 $ 5.128.782,63
217 $ 286.762,87 $ 128.219,57 $ 158.543,30 $ 4.970.239,32
218 $ 286.762,87 $ 124.255,98 $ 162.506,89 $ 4.807.732,43
219 $ 286.762,87 $ 120.193,31 $ 166.569,56 $ 4.641.162,87

8
 220 $ 286.762,87 $ 116.029,07 $ 170.733,80 $ 4.470.429,08
221 $ 286.762,87 $ 111.760,73 $ 175.002,14 $ 4.295.426,93
222 $ 286.762,87 $ 107.385,67 $ 179.377,20 $ 4.116.049,74
223 $ 286.762,87 $ 102.901,24 $ 183.861,63 $ 3.932.188,11
224 $ 286.762,87 $ 98.304,70 $ 188.458,17 $ 3.743.729,94
225 $ 286.762,87 $ 93.593,25 $ 193.169,62 $ 3.550.560,32
226 $ 286.762,87 $ 88.764,01 $ 197.998,86 $ 3.352.561,46
227 $ 286.762,87 $ 83.814,04 $ 202.948,83 $ 3.149.612,63
228 $ 286.762,87 $ 78.740,32 $ 208.022,55 $ 2.941.590,07
229 $ 286.762,87 $ 73.539,75 $ 213.223,12 $ 2.728.366,95
230 $ 286.762,87 $ 68.209,17 $ 218.553,70 $ 2.509.813,26
231 $ 286.762,87 $ 62.745,33 $ 224.017,54 $ 2.285.795,72
232 $ 286.762,87 $ 57.144,89 $ 229.617,98 $ 2.056.177,74
233 $ 286.762,87 $ 51.404,44 $ 235.358,43 $ 1.820.819,32
234 $ 286.762,87 $ 45.520,48 $ 241.242,39 $ 1.579.576,93
235 $ 286.762,87 $ 39.489,42 $ 247.273,45 $ 1.332.303,48
236 $ 286.762,87 $ 33.307,59 $ 253.455,28 $ 1.078.848,20
237 $ 286.762,87 $ 26.971,20 $ 259.791,67 $ 819.056,53
238 $ 286.762,87 $ 20.476,41 $ 266.286,46 $ 552.770,08
239 $ 286.762,87 $ 13.819,25 $ 272.943,62 $ 279.826,46
240 $ 286.762,87 $ 6.995,66 $ 279.767,21 $ 59,25

El pago fijo mensual otorgado por la fiducia a Miguel será de 286762,87 pesos

Estudio Para Ana

Ahorro $ 6.096.446,90
N per 20 Años
N per 240 meses
Em 2,5%
Pago $152.818,96
Periodo Pago Fijo Mensual Interés Pago total Saldo
0 $ 6.096.446,90
1 $152.818,96 $ 152.411,17 $407,79 $ 6.096.039,11
2 $152.818,96 $ 152.400,98 $417,98 $ 6.095.621,13
3 $152.818,96 $ 152.390,53 $428,43 $ 6.095.192,70
4 $152.818,96 $ 152.379,82 $439,14 $ 6.094.753,56
5 $152.818,96 $ 152.368,84 $450,12 $ 6.094.303,43
6 $152.818,96 $ 152.357,59 $461,37 $ 6.093.842,06
7 $152.818,96 $ 152.346,05 $472,91 $ 6.093.369,15
8 $152.818,96 $ 152.334,23 $484,73 $ 6.092.884,42
9 $152.818,96 $ 152.322,11 $496,85 $ 6.092.387,57
10 $152.818,96 $ 152.309,69 $509,27 $ 6.091.878,30

9
11 $152.818,96 $ 152.296,96 $522,00 $ 6.091.356,30
12 $152.818,96 $ 152.283,91 $535,05 $ 6.090.821,25
13 $152.818,96 $ 152.270,53 $548,43 $ 6.090.272,82
14 $152.818,96 $ 152.256,82 $562,14 $ 6.089.710,68
15 $152.818,96 $ 152.242,77 $576,19 $ 6.089.134,48
16 $152.818,96 $ 152.228,36 $590,60 $ 6.088.543,89
17 $152.818,96 $ 152.213,60 $605,36 $ 6.087.938,52
18 $152.818,96 $ 152.198,46 $620,50 $ 6.087.318,03
19 $152.818,96 $ 152.182,95 $636,01 $ 6.086.682,02
20 $152.818,96 $ 152.167,05 $651,91 $ 6.086.030,11
21 $152.818,96 $ 152.150,75 $668,21 $ 6.085.361,90
22 $152.818,96 $ 152.134,05 $684,91 $ 6.084.676,99
23 $152.818,96 $ 152.116,92 $702,04 $ 6.083.974,95
24 $152.818,96 $ 152.099,37 $719,59 $ 6.083.255,37
25 $152.818,96 $ 152.081,38 $737,58 $ 6.082.517,79
26 $152.818,96 $ 152.062,94 $756,02 $ 6.081.761,78
27 $152.818,96 $ 152.044,04 $774,92 $ 6.080.986,86
28 $152.818,96 $ 152.024,67 $794,29 $ 6.080.192,57
29 $152.818,96 $ 152.004,81 $814,15 $ 6.079.378,43
30 $152.818,96 $ 151.984,46 $834,50 $ 6.078.543,93
31 $152.818,96 $ 151.963,60 $855,36 $ 6.077.688,56
32 $152.818,96 $ 151.942,21 $876,75 $ 6.076.811,82
33 $152.818,96 $ 151.920,30 $898,66 $ 6.075.913,15
34 $152.818,96 $ 151.897,83 $921,13 $ 6.074.992,02
35 $152.818,96 $ 151.874,80 $944,16 $ 6.074.047,86
36 $152.818,96 $ 151.851,20 $967,76 $ 6.073.080,10
37 $152.818,96 $ 151.827,00 $991,96 $ 6.072.088,14
38 $152.818,96 $ 151.802,20 $1.016,76 $ 6.071.071,39
39 $152.818,96 $ 151.776,78 $1.042,18 $ 6.070.029,21
40 $152.818,96 $ 151.750,73 $1.068,23 $ 6.068.960,98
41 $152.818,96 $ 151.724,02 $1.094,94 $ 6.067.866,05
42 $152.818,96 $ 151.696,65 $1.122,31 $ 6.066.743,74
43 $152.818,96 $ 151.668,59 $1.150,37 $ 6.065.593,37
44 $152.818,96 $ 151.639,83 $1.179,13 $ 6.064.414,24
45 $152.818,96 $ 151.610,36 $1.208,60 $ 6.063.205,64
46 $152.818,96 $ 151.580,14 $1.238,82 $ 6.061.966,82
47 $152.818,96 $ 151.549,17 $1.269,79 $ 6.060.697,03
48 $152.818,96 $ 151.517,43 $1.301,53 $ 6.059.395,50
49 $152.818,96 $ 151.484,89 $1.334,07 $ 6.058.061,43
50 $152.818,96 $ 151.451,54 $1.367,42 $ 6.056.694,00
51 $152.818,96 $ 151.417,35 $1.401,61 $ 6.055.292,39
52 $152.818,96 $ 151.382,31 $1.436,65 $ 6.053.855,74
53 $152.818,96 $ 151.346,39 $1.472,57 $ 6.052.383,17

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0
54 $152.818,96 $ 151.309,58 $1.509,38 $ 6.050.873,79
55 $152.818,96 $ 151.271,84 $1.547,12 $ 6.049.326,68
56 $152.818,96 $ 151.233,17 $1.585,79 $ 6.047.740,89
57 $152.818,96 $ 151.193,52 $1.625,44 $ 6.046.115,45
58 $152.818,96 $ 151.152,89 $1.666,07 $ 6.044.449,37
59 $152.818,96 $ 151.111,23 $1.707,73 $ 6.042.741,65
60 $152.818,96 $ 151.068,54 $1.750,42 $ 6.040.991,23
61 $152.818,96 $ 151.024,78 $1.794,18 $ 6.039.197,05
62 $152.818,96 $ 150.979,93 $1.839,03 $ 6.037.358,02
63 $152.818,96 $ 150.933,95 $1.885,01 $ 6.035.473,01
64 $152.818,96 $ 150.886,83 $1.932,13 $ 6.033.540,87
65 $152.818,96 $ 150.838,52 $1.980,44 $ 6.031.560,43
66 $152.818,96 $ 150.789,01 $2.029,95 $ 6.029.530,48
67 $152.818,96 $ 150.738,26 $2.080,70 $ 6.027.449,79
68 $152.818,96 $ 150.686,24 $2.132,72 $ 6.025.317,07
69 $152.818,96 $ 150.632,93 $2.186,03 $ 6.023.131,04
70 $152.818,96 $ 150.578,28 $2.240,68 $ 6.020.890,35
71 $152.818,96 $ 150.522,26 $2.296,70 $ 6.018.593,65
72 $152.818,96 $ 150.464,84 $2.354,12 $ 6.016.239,53
73 $152.818,96 $ 150.405,99 $2.412,97 $ 6.013.826,56
74 $152.818,96 $ 150.345,66 $2.473,30 $ 6.011.353,27
75 $152.818,96 $ 150.283,83 $2.535,13 $ 6.008.818,14
76 $152.818,96 $ 150.220,45 $2.598,51 $ 6.006.219,63
77 $152.818,96 $ 150.155,49 $2.663,47 $ 6.003.556,16
78 $152.818,96 $ 150.088,90 $2.730,06 $ 6.000.826,11
79 $152.818,96 $ 150.020,65 $2.798,31 $ 5.998.027,80
80 $152.818,96 $ 149.950,69 $2.868,27 $ 5.995.159,53
81 $152.818,96 $ 149.878,99 $2.939,97 $ 5.992.219,56
82 $152.818,96 $ 149.805,49 $3.013,47 $ 5.989.206,09
83 $152.818,96 $ 149.730,15 $3.088,81 $ 5.986.117,28
84 $152.818,96 $ 149.652,93 $3.166,03 $ 5.982.951,26
85 $152.818,96 $ 149.573,78 $3.245,18 $ 5.979.706,08
86 $152.818,96 $ 149.492,65 $3.326,31 $ 5.976.379,77
87 $152.818,96 $ 149.409,49 $3.409,47 $ 5.972.970,30
88 $152.818,96 $ 149.324,26 $3.494,70 $ 5.969.475,60
89 $152.818,96 $ 149.236,89 $3.582,07 $ 5.965.893,53
90 $152.818,96 $ 149.147,34 $3.671,62 $ 5.962.221,91
91 $152.818,96 $ 149.055,55 $3.763,41 $ 5.958.458,50
92 $152.818,96 $ 148.961,46 $3.857,50 $ 5.954.601,00
93 $152.818,96 $ 148.865,03 $3.953,93 $ 5.950.647,07
94 $152.818,96 $ 148.766,18 $4.052,78 $ 5.946.594,28
95 $152.818,96 $ 148.664,86 $4.154,10 $ 5.942.440,18
96 $152.818,96 $ 148.561,00 $4.257,96 $ 5.938.182,22

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97 $152.818,96 $ 148.454,56 $4.364,40 $ 5.933.817,82
98 $152.818,96 $ 148.345,45 $4.473,51 $ 5.929.344,30
99 $152.818,96 $ 148.233,61 $4.585,35 $ 5.924.758,95
100 $152.818,96 $ 148.118,97 $4.699,99 $ 5.920.058,97
101 $152.818,96 $ 148.001,47 $4.817,49 $ 5.915.241,48
102 $152.818,96 $ 147.881,04 $4.937,92 $ 5.910.303,56
103 $152.818,96 $ 147.757,59 $5.061,37 $ 5.905.242,19
104 $152.818,96 $ 147.631,05 $5.187,91 $ 5.900.054,28
105 $152.818,96 $ 147.501,36 $5.317,60 $ 5.894.736,68
106 $152.818,96 $ 147.368,42 $5.450,54 $ 5.889.286,13
107 $152.818,96 $ 147.232,15 $5.586,81 $ 5.883.699,33
108 $152.818,96 $ 147.092,48 $5.726,48 $ 5.877.972,85
109 $152.818,96 $ 146.949,32 $5.869,64 $ 5.872.103,21
110 $152.818,96 $ 146.802,58 $6.016,38 $ 5.866.086,83
111 $152.818,96 $ 146.652,17 $6.166,79 $ 5.859.920,04
112 $152.818,96 $ 146.498,00 $6.320,96 $ 5.853.599,08
113 $152.818,96 $ 146.339,98 $6.478,98 $ 5.847.120,10
114 $152.818,96 $ 146.178,00 $6.640,96 $ 5.840.479,14
115 $152.818,96 $ 146.011,98 $6.806,98 $ 5.833.672,16
116 $152.818,96 $ 145.841,80 $6.977,16 $ 5.826.695,01
117 $152.818,96 $ 145.667,38 $7.151,58 $ 5.819.543,42
118 $152.818,96 $ 145.488,59 $7.330,37 $ 5.812.213,05
119 $152.818,96 $ 145.305,33 $7.513,63 $ 5.804.699,41
120 $152.818,96 $ 145.117,49 $7.701,47 $ 5.796.997,94
121 $152.818,96 $ 144.924,95 $7.894,01 $ 5.789.103,93
122 $152.818,96 $ 144.727,60 $8.091,36 $ 5.781.012,57
123 $152.818,96 $ 144.525,31 $8.293,65 $ 5.772.718,92
124 $152.818,96 $ 144.317,97 $8.500,99 $ 5.764.217,93
125 $152.818,96 $ 144.105,45 $8.713,51 $ 5.755.504,42
126 $152.818,96 $ 143.887,61 $8.931,35 $ 5.746.573,07
127 $152.818,96 $ 143.664,33 $9.154,63 $ 5.737.418,44
128 $152.818,96 $ 143.435,46 $9.383,50 $ 5.728.034,94
129 $152.818,96 $ 143.200,87 $9.618,09 $ 5.718.416,85
130 $152.818,96 $ 142.960,42 $9.858,54 $ 5.708.558,31
131 $152.818,96 $ 142.713,96 $10.105,00 $ 5.698.453,31
132 $152.818,96 $ 142.461,33 $10.357,63 $ 5.688.095,68
133 $152.818,96 $ 142.202,39 $10.616,57 $ 5.677.479,12
134 $152.818,96 $ 141.936,98 $10.881,98 $ 5.666.597,13
135 $152.818,96 $ 141.664,93 $11.154,03 $ 5.655.443,10
136 $152.818,96 $ 141.386,08 $11.432,88 $ 5.644.010,22
137 $152.818,96 $ 141.100,26 $11.718,70 $ 5.632.291,52
138 $152.818,96 $ 140.807,29 $12.011,67 $ 5.620.279,84
139 $152.818,96 $ 140.507,00 $12.311,96 $ 5.607.967,88

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140 $152.818,96 $ 140.199,20 $12.619,76 $ 5.595.348,12
141 $152.818,96 $ 139.883,70 $12.935,26 $ 5.582.412,86
142 $152.818,96 $ 139.560,32 $13.258,64 $ 5.569.154,22
143 $152.818,96 $ 139.228,86 $13.590,10 $ 5.555.564,12
144 $152.818,96 $ 138.889,10 $13.929,86 $ 5.541.634,26
145 $152.818,96 $ 138.540,86 $14.278,10 $ 5.527.356,16
146 $152.818,96 $ 138.183,90 $14.635,06 $ 5.512.721,10
147 $152.818,96 $ 137.818,03 $15.000,93 $ 5.497.720,17
148 $152.818,96 $ 137.443,00 $15.375,96 $ 5.482.344,21
149 $152.818,96 $ 137.058,61 $15.760,35 $ 5.466.583,86
150 $152.818,96 $ 136.664,60 $16.154,36 $ 5.450.429,49
151 $152.818,96 $ 136.260,74 $16.558,22 $ 5.433.871,27
152 $152.818,96 $ 135.846,78 $16.972,18 $ 5.416.899,09
153 $152.818,96 $ 135.422,48 $17.396,48 $ 5.399.502,61
154 $152.818,96 $ 134.987,57 $17.831,39 $ 5.381.671,22
155 $152.818,96 $ 134.541,78 $18.277,18 $ 5.363.394,04
156 $152.818,96 $ 134.084,85 $18.734,11 $ 5.344.659,93
157 $152.818,96 $ 133.616,50 $19.202,46 $ 5.325.457,47
158 $152.818,96 $ 133.136,44 $19.682,52 $ 5.305.774,94
159 $152.818,96 $ 132.644,37 $20.174,59 $ 5.285.600,36
160 $152.818,96 $ 132.140,01 $20.678,95 $ 5.264.921,40
161 $152.818,96 $ 131.623,04 $21.195,92 $ 5.243.725,48
162 $152.818,96 $ 131.093,14 $21.725,82 $ 5.221.999,66
163 $152.818,96 $ 130.549,99 $22.268,97 $ 5.199.730,69
164 $152.818,96 $ 129.993,27 $22.825,69 $ 5.176.905,00
165 $152.818,96 $ 129.422,62 $23.396,34 $ 5.153.508,66
166 $152.818,96 $ 128.837,72 $23.981,24 $ 5.129.527,42
167 $152.818,96 $ 128.238,19 $24.580,77 $ 5.104.946,64
168 $152.818,96 $ 127.623,67 $25.195,29 $ 5.079.751,35
169 $152.818,96 $ 126.993,78 $25.825,18 $ 5.053.926,17
170 $152.818,96 $ 126.348,15 $26.470,81 $ 5.027.455,37
171 $152.818,96 $ 125.686,38 $27.132,58 $ 5.000.322,79
172 $152.818,96 $ 125.008,07 $27.810,89 $ 4.972.511,90
173 $152.818,96 $ 124.312,80 $28.506,16 $ 4.944.005,74
174 $152.818,96 $ 123.600,14 $29.218,82 $ 4.914.786,92
175 $152.818,96 $ 122.869,67 $29.949,29 $ 4.884.837,63
176 $152.818,96 $ 122.120,94 $30.698,02 $ 4.854.139,61
177 $152.818,96 $ 121.353,49 $31.465,47 $ 4.822.674,15
178 $152.818,96 $ 120.566,85 $32.252,11 $ 4.790.422,04
179 $152.818,96 $ 119.760,55 $33.058,41 $ 4.757.363,63
180 $152.818,96 $ 118.934,09 $33.884,87 $ 4.723.478,76
181 $152.818,96 $ 118.086,97 $34.731,99 $ 4.688.746,77
182 $152.818,96 $ 117.218,67 $35.600,29 $ 4.653.146,48

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183 $152.818,96 $ 116.328,66 $36.490,30 $ 4.616.656,18
184 $152.818,96 $ 115.416,40 $37.402,56 $ 4.579.253,63
185 $152.818,96 $ 114.481,34 $38.337,62 $ 4.540.916,01
186 $152.818,96 $ 113.522,90 $39.296,06 $ 4.501.619,95
187 $152.818,96 $ 112.540,50 $40.278,46 $ 4.461.341,48
188 $152.818,96 $ 111.533,54 $41.285,42 $ 4.420.056,06
189 $152.818,96 $ 110.501,40 $42.317,56 $ 4.377.738,50
190 $152.818,96 $ 109.443,46 $43.375,50 $ 4.334.363,01
191 $152.818,96 $ 108.359,08 $44.459,88 $ 4.289.903,12
192 $152.818,96 $ 107.247,58 $45.571,38 $ 4.244.331,74
193 $152.818,96 $ 106.108,29 $46.710,67 $ 4.197.621,07
194 $152.818,96 $ 104.940,53 $47.878,43 $ 4.149.742,64
195 $152.818,96 $ 103.743,57 $49.075,39 $ 4.100.667,25
196 $152.818,96 $ 102.516,68 $50.302,28 $ 4.050.364,97
197 $152.818,96 $ 101.259,12 $51.559,84 $ 3.998.805,13
198 $152.818,96 $ 99.970,13 $52.848,83 $ 3.945.956,30
199 $152.818,96 $ 98.648,91 $54.170,05 $ 3.891.786,25
200 $152.818,96 $ 97.294,66 $55.524,30 $ 3.836.261,94
201 $152.818,96 $ 95.906,55 $56.912,41 $ 3.779.349,53
202 $152.818,96 $ 94.483,74 $58.335,22 $ 3.721.014,31
203 $152.818,96 $ 93.025,36 $59.793,60 $ 3.661.220,71
204 $152.818,96 $ 91.530,52 $61.288,44 $ 3.599.932,26
205 $152.818,96 $ 89.998,31 $62.820,65 $ 3.537.111,61
206 $152.818,96 $ 88.427,79 $64.391,17 $ 3.472.720,44
207 $152.818,96 $ 86.818,01 $66.000,95 $ 3.406.719,49
208 $152.818,96 $ 85.167,99 $67.650,97 $ 3.339.068,52
209 $152.818,96 $ 83.476,71 $69.342,25 $ 3.269.726,27
210 $152.818,96 $ 81.743,16 $71.075,80 $ 3.198.650,47
211 $152.818,96 $ 79.966,26 $72.852,70 $ 3.125.797,77
212 $152.818,96 $ 78.144,94 $74.674,02 $ 3.051.123,76
213 $152.818,96 $ 76.278,09 $76.540,87 $ 2.974.582,89
214 $152.818,96 $ 74.364,57 $78.454,39 $ 2.896.128,50
215 $152.818,96 $ 72.403,21 $80.415,75 $ 2.815.712,75
216 $152.818,96 $ 70.392,82 $82.426,14 $ 2.733.286,61
217 $152.818,96 $ 68.332,17 $84.486,79 $ 2.648.799,82
218 $152.818,96 $ 66.220,00 $86.598,96 $ 2.562.200,85
219 $152.818,96 $ 64.055,02 $88.763,94 $ 2.473.436,92
220 $152.818,96 $ 61.835,92 $90.983,04 $ 2.382.453,88
221 $152.818,96 $ 59.561,35 $93.257,61 $ 2.289.196,27
222 $152.818,96 $ 57.229,91 $95.589,05 $ 2.193.607,21
223 $152.818,96 $ 54.840,18 $97.978,78 $ 2.095.628,43
224 $152.818,96 $ 52.390,71 $100.428,25 $ 1.995.200,18
225 $152.818,96 $ 49.880,00 $102.938,96 $ 1.892.261,23

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226 $152.818,96 $ 47.306,53 $105.512,43 $ 1.786.748,80
227 $152.818,96 $ 44.668,72 $108.150,24 $ 1.678.598,56
228 $152.818,96 $ 41.964,96 $110.854,00 $ 1.567.744,56
229 $152.818,96 $ 39.193,61 $113.625,35 $ 1.454.119,22
230 $152.818,96 $ 36.352,98 $116.465,98 $ 1.337.653,24
231 $152.818,96 $ 33.441,33 $119.377,63 $ 1.218.275,61
232 $152.818,96 $ 30.456,89 $122.362,07 $ 1.095.913,54
233 $152.818,96 $ 27.397,84 $125.421,12 $ 970.492,42
234 $152.818,96 $ 24.262,31 $128.556,65 $ 841.935,77
235 $152.818,96 $ 21.048,39 $131.770,57 $ 710.165,20
236 $152.818,96 $ 17.754,13 $135.064,83 $ 575.100,37
237 $152.818,96 $ 14.377,51 $138.441,45 $ 436.658,92
238 $152.818,96 $ 10.916,47 $141.902,49 $ 294.756,43
239 $152.818,96 $ 7.368,91 $145.450,05 $ 149.306,38
240 $152.818,96 $ 3.732,66 $149.086,30 $ 220,08

El pago fijo mensual otorgado por la fiducia a Ana será de 153.130,63 pesos

Conclusión
Concluimos que el estudio que seda en este ejercicio nos ayuda a identificar que
rentabilidad podemos obtener en una corporación fiduciaria y como realizar los estudios
pertinentes para la comprensión de lo que nos están proponiendo.

El ejercicio propuesto lo debemos analizar con detalle para poder obtener el resultado y
verificar los valores para ello utilizamos una tabla de Excel y nos arroja de manera efectiva
todo los resultados.

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 Bibliografía.

https://www.centro-
virtual.com/campus/pluginfile.php/66741/mod_scorm/content/18/content/pdfs/cas
o_enunciado.pdf

https://www.centro-virtual.com/recursos/glosarios/Matematicas_financieras.pdf
https://www.centro-
virtual.com/campus/mod/scorm/player.php?a=4830&currentorg=ORG-
81B0313A-492F-10D3-0AD3-906C6E5A2B8C&scoid=10321

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