2´000.000 2´000.000 2´000.

000

6´000.000 50,000 50,000 50,000

Periodo 0 1 2 3

a) 𝑰=𝟐𝟓%

𝑁 𝐴=−6´000.000+(1´950.000∗(1−( 〖 1,25) 〗 ^(−5)))/0,25+ (1´000.000)/(( 〖 1,25) 𝑉𝑃𝑁

〗 ^5𝐵=−6´000.000+(1´950.000∗(1−
)

𝑉𝑃𝑁 𝐵=−6´000.00
𝑉𝑃𝑁 𝐴=−6´000.000+(1´311.024)/0,25+327.680

𝑽𝑷𝑵 𝑩= 1´033.879,1
𝑉𝑃𝑁 𝐴=−6´000.000+5´244.096+327.680

𝑽𝑷𝑵 𝑨=−𝟒𝟐𝟖.𝟐𝟐𝟒

La mejor alternativa es la B ya la utilidad es de $1´033.879,176 mientras que la alternativa A da perdidas por $

 1´000.000

2´000.000 2´000.000 2´000.000

50,000 50,000 50,000

3 4 5

b) 𝑰=𝟏𝟓%

00.000+(1´950.000∗(1−( 〖 1,15) 〗 ^(−5)))/0,15+ (1´000.000)/(( 〖 1,15) 〗 ^5 )

𝑉𝑃𝑁 𝐵=−6´000.000+6´536.702,441+497.176,7353

𝑽𝑷𝑵 𝑩= 1´033.879,176

ativa A da perdidas por $428.224

 2. Se considera ampliar la capacidad de producción de una planta para ello se tienen 2 alternativas, evalúelas por

VPN ALTERNATIVA A

20,000,000 20,000,000 20,000,000 20,000,000 20,000,000

30,000,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000

MANTENIMIENTO MAYOR 3,000,000

PERIODO 1 2 3 4 5

0+(13´500.000∗(1−( 〖 1,28) 〗 ^(−15)))/0,28+ (5´000.000)/(( 〖 1,28) 〗 ^15 )−(3´000.000)/ 〖 1,28 〗 ^3 −(3´000.000)/ 〖 1

𝑉𝑃𝑁 𝐴=−30´000.000+47´025.711,81+123.259,5164−1´430.511,475−682.121,0263−325.260,651

𝑽𝑷𝑵 𝑨=𝟏𝟒´𝟓𝟓𝟓.𝟗𝟖𝟏,𝟖𝟏

VPN ALTERNATIVA B

20,000,000 20,000,000 20,000,000 20,000,000 20,000,000

47,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000

4,000,000
 0 1 2 3 4

𝐵=−47´000.000+(17′00.000∗(1−( 〖 1,28) 〗 ^(−10)))/0,28+ (15´000.000)/(( 〖 1,28) 〗 ^10 )−(4´000.000)/ 〖 1,28 〗 ^4 −(

𝑉𝑃𝑁 𝐵=−47´000.000+55´571.585,68+1´270.549,421−1´490.116,119−555.111,5123

𝑽𝑷𝑵 𝑩=𝟕´𝟕𝟗𝟔.𝟗𝟎𝟕,𝟒𝟕

M.C.M = 30

CAUE ALTENATIVA A

20,000,000 20,000,000 20,000,000 20,000,000

30,000,000 6,500,000 6,500,000 6,500,000 6,500,000

MANTENIMIENTO MAYOR 3,000,000

PERIODO 0 1 2 3 4

00)/ 〖 1,28 〗 ^6 −(3´000.000)/ 〖 1,28 〗 ^9 −(3´000.000)/ 〖 1,28 〗 ^12 −(25´000.000)/ 〖 1,28 〗 ^15 −(3´000.000)/ 〖 1,28 〗 ^

𝐶𝐴𝑈𝐸 𝐴=((−30.000.000−1,430.511,475−682.121,0263−325.260,6517−155.096,3649−616.297,5822−3

𝐶𝐴𝑈𝐸 𝐴=(−33´270.170,65∗0,28)/0,9993922837+(13´500.000)

𝐶𝐴𝑈𝐸 𝐴=−9´321.312,494+13´500.000

𝑪𝑨𝑼𝑬 𝑨=𝟒´𝟏𝟕𝟖.𝟔𝟖𝟕,𝟓𝟎𝟔

CAUE ALTENATIVA B
 20,000,000 20,000,000 20,000,000 20,000,000

47,000,000 3,000,000 3,000,000 3,000,000 3,000,000

MANTENIMIENTO MAYOR 4,000,000

PERIODO 0 1 2 3 4

4´000.000)/ 〖 1,28 〗 ^8 −(32´000.000)/ 〖 1,28 〗 ^10 −(4´000.000)/ 〖 1,28 〗 ^14 −(4´000.000)/ 〖 1,28 〗 ^18 −(32´000.000)/ 〖

𝐶𝐴𝑈𝐸 𝐵=((−47.000.000−1´490.116,119−555.111,5123−2´710.505,431−126.217,7448−47.019,77403−229.5

𝐶𝐴𝑈𝐸 𝐵=((−52´164.117,37)∗0,28)/0,9993922837+(17´000.000)

𝐶𝐴𝑈𝐸 𝐵=(−14.605.952,86)/0,9993922837+(17´000.000)

𝐶𝐴𝑈𝐸 𝐵=−14´614.834,54+17´000.000

𝑪𝑨𝑼𝑬 𝑩=𝟐´𝟑𝟖𝟓.𝟏𝟔𝟓,𝟒𝟔𝟑

La mejor alternativa de maquinaria es la Alternativa A tanto en VPN con 15 años de vida danda utilidades a
CAUE con dos maquinas por 15 años de vida util cada una con utilidades anuales de 4´178.687,506.
 n 2 alternativas, evalúelas por CAUE y VPN

20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000

6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000

3,000,000 3,000,000 3,000,000

6 7 8 9 10 11 12 13 14

〖 1,28 〗 ^3 −(3´000.000)/ 〖 1,28 〗 ^6 −(3´000.000)/ 〖 1,28 〗 ^9 −(3´000.000)/ 〖 1,28 〗 ^12

5−682.121,0263−325.260,6517−155.096,3649

15,000,000

20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000

3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000

4,000,000 4,000,000
 5 6 7 8 9 10

(4´000.000)/ 〖 1,28 〗 ^4 −(4´000.000)/ 〖 1,28 〗 ^8

−555.111,5123

𝐼=28%

20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000

6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000

3,000,000 3,000,000 3,000,000

5 6 7 8 9 10 11 12 13

^15 −(3´000.000)/ 〖 1,28 〗 ^18 −(3´000.000)/ 〖 1,28 〗 ^21 −(3´000.000)/ 〖 1,28 〗 ^24 −(3´000.000)/ 〖 1,28 〗 ^27 +(5´000.000

55.096,3649−616.297,5822−35.264,83052−16.815,58157−8.018,29413−3.823,420587+3.038,581679)∗0,28)/0,9993922837+(1

𝐼=28% 15,000,000
 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000

3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000

4,000,000 4,000,000 47,000,000

5 6 7 8 9 10 11 12 13

1,28 〗 ^18 −(32´000.000)/ 〖 1,28 〗 ^20 −(4´000.000)/ 〖 1,28 〗 ^24 −(4´000.000)/ 〖 1,28 〗 ^28 +(15´000.000)/ 〖 1,28 〗 ^30

7,7448−47.019,77403−229.588,7404−10.691,05884−3.982,729778+9.115,745036)∗0,28)/(1− 〖 (1,28) 〗 ^(−30) )+(17´000.0

años de vida danda utilidades anuales de $14.555.981,81 y en

ales de 4´178.687,506.
20,000,000 20,000,000
𝐼=28%

6,500,000 6,500,000

15
 5,000,000

20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000

6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000

30,000,000 3,000,000 3,000,000

14 15 16 17 18 19 20 21 22 23

)/ 〖 1,28 〗 ^27 +(5´000.000)/ 〖 1,28 〗 ^30 )∗0,28)/(1− 〖 (1,28) 〗 ^(−30) )+(20´000.000−6´500.000)

9)∗0,28)/0,9993922837+(13´500.000)

15,000,000
 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000

3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000

4,000,000 4,000,000 47,000,000

14 15 16 17 18 19 20 21 22 23

15´000.000)/ 〖 1,28 〗 ^30 )∗0,28)/(1− 〖 (1,28) 〗 ^(−30) )+(20´000.000−3´000.000)

1,28) 〗 ^(−30) )+(17´000.000)

 5,000,000

20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000

6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000 6,500,000

3,000,000 3,000,000
24 25 26 27 28 29 30

15,000,000
20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000

3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000

4,000,000 4,000,000
24 25 26 27 28 29 30