1

5
Una Pyme solicita un crédito de S/ 40,000 para pagar en 5 meses mediante cuotas constantes mensuales. Cons

José Torres solicita un financiamiento de S/ 66,800 comprometiéndose a pagar en 10 meses mediante cuotas
primer trimestre. Construir el cuadro de la deuda. (TEA=38.09%)
Un crédito de S/ 78,900 se acordó pagar en 5 años mediante el pago de cuotas quincenales constantes pero su
deuda. (TEM=2.99%)
Una deuda de S/ 35,900 se estableció pagar en 4 cuotas bimestrales mediante el pago de cuotas constante
cuadro de la deuda. (TES=17.5%)
Un inversionista busca financiamiento de S/ 18,500 con la posibilidad de cancelar en 5 meses mediante el pago
del 2do meses. Construir el cuadro de la deuda. (TET=4.55%).

*Considerar el cobro del seguro de desgravamen al 1.5% sobre el préstamo neto y el cobro por estructur
Una Pyme solicita un crédito de S/ 40,000 para pagar en 5 meses mediante cuotas constantes mensuales. Construir el cuadro
*Considerar el cobro del seguro de desgravamen al 1.5% sobre el préstamo neto y el cobro por estructuración de la deuda a 0

P = 40,000
Rest. Deuda = 0.50% = 200
40,200

TEA = 38.09% TEM =

n = 5
Desgravamen = 1.50% = 603

Cuota = 8,709.29

Préstamo Interés Amortización Cuotas sin Desgravamen Cuota Final

N° (1) (2)=TEM*(1) (3)=(4)-(2) desgravamen (5)=Préstamo (6)=(4)+(5)
(4) * 1.5%

1 40,200.00 1,095.83 7,613.45 8,709.29 603.00 9,312.29

2 32,586.55 888.29 7,820.99 8,709.29 603.00 9,312.29
3 24,765.56 675.10 8,034.19 8,709.29 603.00 9,312.29
4 16,731.37 456.09 8,253.20 8,709.29 603.00 9,312.29
5 8,478.17 231.11 8,478.17 8,709.29 603.00 9,312.29
mensuales. Construir el cuadro de la deuda. (TEA=38.09%)
estructuración de la deuda a 0.5%

2.73%

Saldo
(7)=(1)-(3)

32,586.55
24,765.56
16,731.37
8,478.17
-
José Torres solicita un financiamiento de S/ 66,800 comprometiéndose a pagar en 10 meses mediante cuotas co
primer trimestre. Construir el cuadro de la deuda. (TEA=38.09%)
*Considerar el cobro del seguro de desgravamen al 1.5% sobre el préstamo neto y el cobro por estructuración de la

P = 66,800
Rest. Deuda = 0.50% = 334
67,134 (A 10 CUOTAS)

TEA = 38.09% TEM = 2.73%

n = 10
Desgravamen = 1.50% = 1,007

A 10 cuotas = 7,760.48
A 08 cuotas = 9,975.84

Préstamo Interés Amortización Cuotas sin Desgravamen Cuota Final Saldo

N° (1) (2)=TEM*(1) (3)=(4)-(2) desgravamen (5)=Préstamo (6)=(4)+(5) (7)=(1)-(3)
(4) * 1.5%

1 67,134.00 1,830.04 68,964.04

2 68,964.04 1,879.93 70,843.97
3 70,843.97 1,931.17 8,044.67 9,975.84 1,007.01 10,982.85 62,799.31
4 62,799.31 1,711.88 8,263.96 9,975.84 1,007.01 10,982.85 54,535.35
5 54,535.35 1,486.61 8,489.23 9,975.84 1,007.01 10,982.85 46,046.12
6 46,046.12 1,255.20 8,720.64 9,975.84 1,007.01 10,982.85 37,325.47
7 37,325.47 1,017.48 8,958.36 9,975.84 1,007.01 10,982.85 28,367.11
8 28,367.11 773.27 9,202.57 9,975.84 1,007.01 10,982.85 19,164.54
9 19,164.54 522.42 9,453.42 9,975.84 1,007.01 10,982.85 9,711.12
10 9,711.12 264.72 9,711.12 9,975.84 1,007.01 10,982.85 - 0.00
meses mediante cuotas constantes mensuales pero cuyo primer pago se realiza al finalizar el

bro por estructuración de la deuda a 0.5%

Un crédito de S/ 78,900 se acordó pagar en 5 años mediante el pago de cuotas quincenales constantes pero su
(TEM=2.99%)
*Considerar el cobro del seguro de desgravamen al 1.5% sobre el préstamo neto y el cobro por estructuración de la

P = 78,900
Rest. Deuda = 0.50% = 395
79,295 (A 120 CUOTAS QUINCENALES)

TEM = 17.50% TEQ =

n = 120
Desgravamen = 1.50% = 1,189

A 120 cuotas = 6,659.11

A 197 cuotas = 8,481.65

Préstamo Interés Amortización Cuotas sin Desgravamen

N° desgravamen (5)=Préstamo Cuota Final
(1) (2)=TEM*(1) (3)=(4)-(2) (4) * 1.5% (6)=(4)+(5)

1 79,294.50 6,658.69
2 85,953.19 7,217.85
3 93,171.04 7,823.96
4 100,995.00 8,480.97 0.68 8,481.65 1,189.42 9,671.07
5 100,994.32 8,480.91 0.73 8,481.65 1,189.42 9,671.07
6 100,993.58 8,480.85 0.80 8,481.65 1,189.42 9,671.07
7 100,992.79 8,480.79 0.86 8,481.65 1,189.42 9,671.07
8 100,991.92 8,480.71 0.94 8,481.65 1,189.42 9,671.07
9 100,990.99 8,480.63 1.01 8,481.65 1,189.42 9,671.07
10 100,989.97 8,480.55 1.10 8,481.65 1,189.42 9,671.07
11 100,988.87 8,480.46 1.19 8,481.65 1,189.42 9,671.07
12 100,987.68 8,480.36 1.29 8,481.65 1,189.42 9,671.07
13 100,986.39 8,480.25 1.40 8,481.65 1,189.42 9,671.07
14 100,984.99 8,480.13 1.52 8,481.65 1,189.42 9,671.07
15 100,983.47 8,480.00 1.65 8,481.65 1,189.42 9,671.07
16 100,981.82 8,479.86 1.78 8,481.65 1,189.42 9,671.07
17 100,980.04 8,479.71 1.93 8,481.65 1,189.42 9,671.07
18 100,978.10 8,479.55 2.10 8,481.65 1,189.42 9,671.07
19 100,976.01 8,479.38 2.27 8,481.65 1,189.42 9,671.07
20 100,973.74 8,479.19 2.46 8,481.65 1,189.42 9,671.07
21 100,971.27 8,478.98 2.67 8,481.65 1,189.42 9,671.07
22 100,968.60 8,478.75 2.89 8,481.65 1,189.42 9,671.07
23 100,965.71 8,478.51 3.14 8,481.65 1,189.42 9,671.07
24 100,962.57 8,478.25 3.40 8,481.65 1,189.42 9,671.07
25 100,959.17 8,477.96 3.69 8,481.65 1,189.42 9,671.07
26 100,955.48 8,477.65 4.00 8,481.65 1,189.42 9,671.07
27 100,951.48 8,477.32 4.33 8,481.65 1,189.42 9,671.07
28 100,947.15 8,476.95 4.70 8,481.65 1,189.42 9,671.07
29 100,942.46 8,476.56 5.09 8,481.65 1,189.42 9,671.07
30 100,937.37 8,476.13 5.52 8,481.65 1,189.42 9,671.07
31 100,931.85 8,475.67 5.98 8,481.65 1,189.42 9,671.07
32 100,925.87 8,475.17 6.48 8,481.65 1,189.42 9,671.07
33 100,919.38 8,474.62 7.03 8,481.65 1,189.42 9,671.07
34 100,912.36 8,474.03 7.62 8,481.65 1,189.42 9,671.07
35 100,904.74 8,473.39 8.26 8,481.65 1,189.42 9,671.07
36 100,896.48 8,472.70 8.95 8,481.65 1,189.42 9,671.07
37 100,887.53 8,471.95 9.70 8,481.65 1,189.42 9,671.07
38 100,877.83 8,471.13 10.52 8,481.65 1,189.42 9,671.07
39 100,867.31 8,470.25 11.40 8,481.65 1,189.42 9,671.07
40 100,855.91 8,469.29 12.36 8,481.65 1,189.42 9,671.07
41 100,843.55 8,468.25 13.40 8,481.65 1,189.42 9,671.07
42 100,830.16 8,467.13 14.52 8,481.65 1,189.42 9,671.07
43 100,815.63 8,465.91 15.74 8,481.65 1,189.42 9,671.07
44 100,799.89 8,464.59 17.06 8,481.65 1,189.42 9,671.07
45 100,782.83 8,463.15 18.49 8,481.65 1,189.42 9,671.07
46 100,764.34 8,461.60 20.05 8,481.65 1,189.42 9,671.07
47 100,744.29 8,459.92 21.73 8,481.65 1,189.42 9,671.07
48 100,722.56 8,458.09 23.56 8,481.65 1,189.42 9,671.07
49 100,699.00 8,456.12 25.53 8,481.65 1,189.42 9,671.07
50 100,673.47 8,453.97 27.68 8,481.65 1,189.42 9,671.07
51 100,645.79 8,451.65 30.00 8,481.65 1,189.42 9,671.07
52 100,615.79 8,449.13 32.52 8,481.65 1,189.42 9,671.07
53 100,583.27 8,446.40 35.25 8,481.65 1,189.42 9,671.07
54 100,548.02 8,443.44 38.21 8,481.65 1,189.42 9,671.07
55 100,509.80 8,440.23 41.42 8,481.65 1,189.42 9,671.07
56 100,468.38 8,436.75 44.90 8,481.65 1,189.42 9,671.07
57 100,423.48 8,432.98 48.67 8,481.65 1,189.42 9,671.07
58 100,374.81 8,428.89 52.76 8,481.65 1,189.42 9,671.07
59 100,322.05 8,424.46 57.19 8,481.65 1,189.42 9,671.07
60 100,264.86 8,419.66 61.99 8,481.65 1,189.42 9,671.07
61 100,202.87 8,414.45 67.20 8,481.65 1,189.42 9,671.07
62 100,135.68 8,408.81 72.84 8,481.65 1,189.42 9,671.07
63 100,062.84 8,402.69 78.96 8,481.65 1,189.42 9,671.07
64 99,983.88 8,396.06 85.59 8,481.65 1,189.42 9,671.07
65 99,898.30 8,388.88 92.77 8,481.65 1,189.42 9,671.07
66 99,805.52 8,381.09 100.56 8,481.65 1,189.42 9,671.07
67 99,704.96 8,372.64 109.01 8,481.65 1,189.42 9,671.07
68 99,595.95 8,363.49 118.16 8,481.65 1,189.42 9,671.07
69 99,477.79 8,353.56 128.08 8,481.65 1,189.42 9,671.07
70 99,349.71 8,342.81 138.84 8,481.65 1,189.42 9,671.07
71 99,210.87 8,331.15 150.50 8,481.65 1,189.42 9,671.07
72 99,060.37 8,318.51 163.14 8,481.65 1,189.42 9,671.07
73 98,897.23 8,304.81 176.84 8,481.65 1,189.42 9,671.07
74 98,720.39 8,289.96 191.69 8,481.65 1,189.42 9,671.07
75 98,528.71 8,273.87 207.78 8,481.65 1,189.42 9,671.07
76 98,320.93 8,256.42 225.23 8,481.65 1,189.42 9,671.07
77 98,095.69 8,237.50 244.14 8,481.65 1,189.42 9,671.07
78 97,851.55 8,217.00 264.65 8,481.65 1,189.42 9,671.07
79 97,586.90 8,194.78 286.87 8,481.65 1,189.42 9,671.07
80 97,300.03 8,170.69 310.96 8,481.65 1,189.42 9,671.07
81 96,989.07 8,144.58 337.07 8,481.65 1,189.42 9,671.07
82 96,652.00 8,116.27 365.38 8,481.65 1,189.42 9,671.07
83 96,286.62 8,085.59 396.06 8,481.65 1,189.42 9,671.07
84 95,890.56 8,052.33 429.32 8,481.65 1,189.42 9,671.07
85 95,461.25 8,016.28 465.37 8,481.65 1,189.42 9,671.07
86 94,995.87 7,977.20 504.45 8,481.65 1,189.42 9,671.07
87 94,491.43 7,934.84 546.81 8,481.65 1,189.42 9,671.07
88 93,944.62 7,888.92 592.73 8,481.65 1,189.42 9,671.07
89 93,351.89 7,839.15 642.50 8,481.65 1,189.42 9,671.07
90 92,709.39 7,785.19 696.46 8,481.65 1,189.42 9,671.07
91 92,012.93 7,726.71 754.94 8,481.65 1,189.42 9,671.07
92 91,257.99 7,663.31 818.34 8,481.65 1,189.42 9,671.07
93 90,439.65 7,594.59 887.05 8,481.65 1,189.42 9,671.07
94 89,552.60 7,520.11 961.54 8,481.65 1,189.42 9,671.07
95 88,591.06 7,439.36 1,042.29 8,481.65 1,189.42 9,671.07
96 87,548.77 7,351.84 1,129.81 8,481.65 1,189.42 9,671.07
97 86,418.95 7,256.96 1,224.69 8,481.65 1,189.42 9,671.07
98 85,194.26 7,154.12 1,327.53 8,481.65 1,189.42 9,671.07
99 83,866.73 7,042.64 1,439.01 8,481.65 1,189.42 9,671.07
100 82,427.72 6,921.80 1,559.85 8,481.65 1,189.42 9,671.07
101 80,867.87 6,790.81 1,690.84 8,481.65 1,189.42 9,671.07
102 79,177.04 6,648.83 1,832.82 8,481.65 1,189.42 9,671.07
103 77,344.21 6,494.92 1,986.73 8,481.65 1,189.42 9,671.07
104 75,357.48 6,328.08 2,153.57 8,481.65 1,189.42 9,671.07
105 73,203.91 6,147.24 2,334.41 8,481.65 1,189.42 9,671.07
106 70,869.50 5,951.21 2,530.44 8,481.65 1,189.42 9,671.07
107 68,339.06 5,738.72 2,742.93 8,481.65 1,189.42 9,671.07
108 65,596.13 5,508.38 2,973.27 8,481.65 1,189.42 9,671.07
109 62,622.86 5,258.70 3,222.95 8,481.65 1,189.42 9,671.07
110 59,399.91 4,988.06 3,493.59 8,481.65 1,189.42 9,671.07
111 55,906.32 4,694.69 3,786.96 8,481.65 1,189.42 9,671.07
112 52,119.36 4,376.68 4,104.97 8,481.65 1,189.42 9,671.07
113 48,014.39 4,031.97 4,449.68 8,481.65 1,189.42 9,671.07
114 43,564.71 3,658.31 4,823.34 8,481.65 1,189.42 9,671.07
115 38,741.37 3,253.27 5,228.37 8,481.65 1,189.42 9,671.07
116 33,513.00 2,814.23 5,667.42 8,481.65 1,189.42 9,671.07
117 27,845.57 2,338.31 6,143.34 8,481.65 1,189.42 9,671.07
118 21,702.23 1,822.43 6,659.22 8,481.65 1,189.42 9,671.07
119 15,043.01 1,263.22 7,218.42 8,481.65 1,189.42 9,671.07
120 7,824.59 657.06 7,824.59 8,481.65 1,189.42 9,671.07
incenales constantes pero su primer pago diferido a fines del segundo mes. Construir el cuadro de la deuda.

cobro por estructuración de la deuda a 0.5%

A 120 CUOTAS QUINCENALES)

8.40%

Saldo
(7)=(1)-(3)

85,953.19
93,171.04
100,995.00
100,994.32
100,993.58
100,992.79
100,991.92
100,990.99
100,989.97
100,988.87
100,987.68
100,986.39
100,984.99
100,983.47
100,981.82
100,980.04
100,978.10
100,976.01
100,973.74
100,971.27
100,968.60
100,965.71
100,962.57
100,959.17
100,955.48
100,951.48
100,947.15
100,942.46
100,937.37
100,931.85
100,925.87
100,919.38
100,912.36
100,904.74
100,896.48
100,887.53
100,877.83
100,867.31
100,855.91
100,843.55
100,830.16
100,815.63
100,799.89
100,782.83
100,764.34
100,744.29
100,722.56
100,699.00
100,673.47
100,645.79
100,615.79
100,583.27
100,548.02
100,509.80
100,468.38
100,423.48
100,374.81
100,322.05
100,264.86
100,202.87
100,135.68
100,062.84
99,983.88
99,898.30
99,805.52
99,704.96
99,595.95
99,477.79
99,349.71
99,210.87
99,060.37
98,897.23
98,720.39
98,528.71
98,320.93
98,095.69
97,851.55
97,586.90
97,300.03
96,989.07
96,652.00
96,286.62
95,890.56
95,461.25
94,995.87
94,491.43
93,944.62
93,351.89
92,709.39
92,012.93
91,257.99
90,439.65
89,552.60
88,591.06
87,548.77
86,418.95
85,194.26
83,866.73
82,427.72
80,867.87
79,177.04
77,344.21
75,357.48
73,203.91
70,869.50
68,339.06
65,596.13
62,622.86
59,399.91
55,906.32
52,119.36
48,014.39
43,564.71
38,741.37
33,513.00
27,845.57
 21,702.23
15,043.01
7,824.59
- 0.00
Una deuda de S/ 35,900 se estableció pagar en 4 cuotas bimestrales mediante el pago de cuotas constantes pe
cuadro de la deuda. (TES=17.5%)
*Considerar el cobro del seguro de desgravamen al 1.5% sobre el préstamo neto y el cobro por estructuración de la

P = 35,900
Rest. Deuda = 0.50% = 180
36,080 (A 04 CUOTAS)

TES = 17.50% TEB = 5.52%

n = 4
Desgravamen = 1.50% = 541

A 04 cuotas = 10,298.68
A 03 cuotas = 14,117.54

Préstamo Interés Amortización Cuotas sin Desgravamen Cuota Final Saldo

N° (1) (2)=TEM*(1) (3)=(4)-(2) desgravamen (5)=Préstamo (6)=(4)+(5) (7)=(1)-(3)
(4) * 1.5%

1 36,079.50 1,992.57 38,072.07

2 38,072.07 2,102.61 12,014.92 14,117.54 541.19 14,658.73 26,057.14
3 26,057.14 1,439.06 12,678.47 14,117.54 541.19 14,658.73 13,378.67
4 13,378.67 738.87 13,378.67 14,117.54 541.19 14,658.73 - 0.00
ago de cuotas constantes pero cuyo primer pago se realiza al finalizar el 4to mes. Construir el

cobro por estructuración de la deuda a 0.5%

Un inversionista busca financiamiento de S/ 18,500 con la posibilidad de cancelar en 5 meses mediante el pago de
2do mes. Construir el cuadro de la deuda. (TET=4.55%).
*Considerar el cobro del seguro de desgravamen al 1.5% sobre el préstamo neto y el cobro por estructuración de la

NOTA: consideremos que cada mes tiene 30 dias; es decir; 3 cuotas de 10 días cada uno.

P = 18,500
Rest. Deuda = 0.50% = 93
18,593 (A 50 CUOTAS)

TET = 17.50% TED (10 DIAS) = 1.81%

n = 50
Desgravamen = 1.50% = 279

A 50 cuotas = 568.05
A 197 cuotas = 664.24

Préstamo Interés Amortización Cuotas sin Desgravamen Cuota Final Saldo

N° (1) (2)=TEM*(1) (3)=(4)-(2) desgravamen (5)=Préstamo * (6)=(4)+(5) (7)=(1)-(3)
(4) 1.5%

1 18,592.50 336.16 18,928.66

2 18,928.66 342.23 19,270.89
3 19,270.89 348.42 19,619.31
4 19,619.31 354.72 19,974.03
5 19,974.03 361.13 20,335.17
6 20,335.17 367.66 296.58 664.24 278.89 943.13 20,038.59
7 20,038.59 362.30 301.94 664.24 278.89 943.13 19,736.65
8 19,736.65 356.84 307.40 664.24 278.89 943.13 19,429.26
9 19,429.26 351.28 312.95 664.24 278.89 943.13 19,116.30
10 19,116.30 345.63 318.61 664.24 278.89 943.13 18,797.69
11 18,797.69 339.87 324.37 664.24 278.89 943.13 18,473.32
12 18,473.32 334.00 330.24 664.24 278.89 943.13 18,143.08
13 18,143.08 328.03 336.21 664.24 278.89 943.13 17,806.87
14 17,806.87 321.95 342.29 664.24 278.89 943.13 17,464.58
15 17,464.58 315.76 348.48 664.24 278.89 943.13 17,116.11
16 17,116.11 309.46 354.78 664.24 278.89 943.13 16,761.33
17 16,761.33 303.05 361.19 664.24 278.89 943.13 16,400.14
18 16,400.14 296.52 367.72 664.24 278.89 943.13 16,032.42
19 16,032.42 289.87 374.37 664.24 278.89 943.13 15,658.05
20 15,658.05 283.10 381.14 664.24 278.89 943.13 15,276.91
21 15,276.91 276.21 388.03 664.24 278.89 943.13 14,888.88
22 14,888.88 269.19 395.05 664.24 278.89 943.13 14,493.84
23 14,493.84 262.05 402.19 664.24 278.89 943.13 14,091.65
24 14,091.65 254.78 409.46 664.24 278.89 943.13 13,682.19
25 13,682.19 247.38 416.86 664.24 278.89 943.13 13,265.33
26 13,265.33 239.84 424.40 664.24 278.89 943.13 12,840.93
27 12,840.93 232.17 432.07 664.24 278.89 943.13 12,408.85
28 12,408.85 224.35 439.88 664.24 278.89 943.13 11,968.97
29 11,968.97 216.40 447.84 664.24 278.89 943.13 11,521.13
30 11,521.13 208.30 455.93 664.24 278.89 943.13 11,065.20
31 11,065.20 200.06 464.18 664.24 278.89 943.13 10,601.02
32 10,601.02 191.67 472.57 664.24 278.89 943.13 10,128.45
33 10,128.45 183.12 481.11 664.24 278.89 943.13 9,647.33
34 9,647.33 174.43 489.81 664.24 278.89 943.13 9,157.52
35 9,157.52 165.57 498.67 664.24 278.89 943.13 8,658.85
36 8,658.85 156.55 507.69 664.24 278.89 943.13 8,151.17
37 8,151.17 147.37 516.86 664.24 278.89 943.13 7,634.30
38 7,634.30 138.03 526.21 664.24 278.89 943.13 7,108.09
39 7,108.09 128.52 535.72 664.24 278.89 943.13 6,572.37
40 6,572.37 118.83 545.41 664.24 278.89 943.13 6,026.96
41 6,026.96 108.97 555.27 664.24 278.89 943.13 5,471.69
42 5,471.69 98.93 565.31 664.24 278.89 943.13 4,906.38
43 4,906.38 88.71 575.53 664.24 278.89 943.13 4,330.85
44 4,330.85 78.30 585.94 664.24 278.89 943.13 3,744.91
45 3,744.91 67.71 596.53 664.24 278.89 943.13 3,148.38
46 3,148.38 56.92 607.32 664.24 278.89 943.13 2,541.07
47 2,541.07 45.94 618.30 664.24 278.89 943.13 1,922.77
48 1,922.77 34.76 629.47 664.24 278.89 943.13 1,293.30
49 1,293.30 23.38 640.86 664.24 278.89 943.13 652.44
50 652.44 11.80 652.44 664.24 278.89 943.13 0.00
es mediante el pago de cuotas cada 10 días constantes pero su primer pago diferido a fines del

por estructuración de la deuda a 0.5%