valor presente A MC

t A
n= 3.00 0 -600,000.00
1 295,000.00
2 269,000.00 152,347.58
3 243,000.00
4 232,000.00 0.57 152,347.58
5 0.15 355,747.20
6 1.74900625
7
8 0.33
9
10
11
12 0.19
13
14
15
16 0.11
17
18
19
20 0.06
21
22
23
24
mcm 343,319.43
53,362.08
355,747.20

i(%)= 0.15 W -600,000

256,522
203,403
159,776
132,647
 w vp 152,348

i(%)= 0.15 W -600,000

256,522
203,403
159,776
19,701
 PERIODO
P3 DESCONTADO REC CAPITAL A MC
B
-600,000.00 -800,000.00
-343,478.26 250,000.00
-140,075.61 250,000.00
19,700.83 250,000.00
2.0113571875 152,347.58 250,000.00
-75,359.36 250,000.00 150,443.95 150,443.95
260,000.00 0.43 0.15 265,018.96
2.31306076563

0.19

0.08

255,760.71
39,752.84
265,018.96

-800,000
217,391
189,036
164,379
142,938
124,294
112,405
150,444

-800,000 0
217,391 0
189,036 0
164,379 0
-229,194 0
P3 A MC P3
C
-800,000.00 -900,000.00 -900,000.00 1.52
-582,608.70 340,000.00
3.35 -393,572.78 340,000.00
1.15 -229,193.72 340,000.00 776,296.54 2.283225
2.01 -86,255.41 260,000.00 148,655.84 1.75
38,038.77 38,038.77 180,000.00 147,870 89,491.81 2.01
150,443.95 100,000.00 0.15 219,685.47
20,000.00 147,870 3.059023 114,444.20
-53,000.00 0.33

0.11

212,010.92
32,952.82
219,685.47

-900,000
295,652
257,089
223,556
148,656
89,492
43,233
7,519
-17,326
147,870
-900,000.00
-604,347.83
-347,258.98
-123,703.46
24,952.38
114,444.20
157,676.96
165,195.70
147,869.90
 SERIES IGUALES PAGO UNICO
F= ? A= ? 639709.170223755 F=P(1+i)N 259927.29256
A= 4,000.00 i= 0.1200 1100868.23326056 F= ? 444021.32289
i= 0.01500 N= 4.00 2453974.86313475 P= 100,000.00 1020240.5737
N= 156.00 156 F= 14,000.00 4 i= 0.0100
N= 96.00
F= 2,453,974.86 A= 2,929.28 5,630.86 F= 259,927.29
829,319.65
F/A A/F F/P 986,648.04

4378596.53
2,578.71 506624.64 6217214.88 1838618.35
986,648.04 5,230,566.84

P= ? A= ? P=F/(1+i) N
A= 4,000.00 P= 25,000.00 P= ?
i= 0.01 i= 0.12000 8,301.58 F= 10,000,000.00
N= 120.00 N= 4.00 i= 0.02
7,230.86 N= 24.00
P= 278,802.09 A= 8,230.86 -0.118529801679232
P= 6,217,214.88
P/A A/P P/F

9,783.37

ARITMETICO GEOMETRICO
CON GRADIENTE CON GRADIENTE
CALCULO P/G CALCULO A/G A1= 2.00
P= ? A= ? g= 0.03
G= 500.00 G= 1,000.00 i= 0.07
i= 0.15 i= 0.12 N= 300.00
N= 5.00 N= 4.00 P = 50.00
P= 2,887.571 A= 1,358.85
SI i≠g

A1= 2.00
CALCULO F/G
F= ? i= 0.07
G= 1,000.00 N= 300.00
i= 0.15 P = 560.75
N= 10.00
F= 68,691.45

SI i=g

A= ? CALCULO A/G CALCULO A/G A= ?

 t A B C D
n= 3.00 0.00 -12,000.00 -7,000.00 -8,000.00
1.00 5,000.00 0.00 4,000.00
2.00 5,000.00 10,000.00 0.00
3.00 5,000.00 0.00 7,700.00
4.00
5.00
6.00
7.00
8.00

i(%)= 0.12 W -12,000 -7,000 -8,000

4,464 0 3,571
3,986 7,972 0
3,559 0 5,481
9 972 1,052

i(%)= 0.15 W -12,000 -7,000 -8,000

4,348 0 3,478
3,781 7,561 0
3,288 0 5,063
-584 561 541
 0 3,000,000
1 3,208,998 148,998
2 3,427,156 150,998
3 3,651,717 152,998
4 3,882,809 154,998
5 4,120,563 156,998
6 4,365,113 158,998
7 4,616,593 160,998
8 4,875,143 162,998
9 5,140,904 164,998
10 5,414,020 166,998
11 5,694,638 168,998 4,532,502.005
12 5,982,909 170,998 148988.314212177
13 6,278,985 172,998
14 6,583,022 174,998
15 6,895,181 176,998
16 7,215,622 178,998
17 7,544,513 180,998
18 7,882,021 182,998
19 8,228,319 184,998
20 8,583,584 186,998
21 8,947,993 188,998
22 9,321,731 190,998
23 9,704,984 192,998
24 10,097,941 194,998

1,577,372.03
 TASA EFECTIVA= (1+r/m)m-1

i=r= 0.12
m= 12.00
0.13 0.13 0.01056875251

AMORTIZ
ACION A
CUOTA INTERES 1 CAPITAL
5,595.00
1 147.34 55.95 91.39 5,503.61
2 147.34 55.04 92.30 5,411.31
3 147.34 54.11 93.22 5,318.09
4 147.34 53.18 94.16 5,223.93
5 147.34 52.24 95.10 5,128.83
6 147.34 51.29 96.05 5,032.78
7 147.34 50.33 97.01 4,935.77
8 147.34 49.36 97.98 4,837.79
9 147.34 48.38 98.96 4,738.83
10 147.34 47.39 99.95 4,638.88
11 147.34 46.39 100.95 4,537.93
12 147.34 45.38 101.96 4,435.97
13 147.34 44.36 102.98 4,333.00
14 147.34 43.33 104.01 4,228.99
15 147.34 42.29 105.05 4,123.94
16 147.34 41.24 106.10 4,017.84
17 147.34 40.18 107.16 3,910.68
18 147.34 39.11 108.23 3,802.45
19 147.34 38.02 109.31 3,693.14
20 147.34 36.93 110.41 3,582.73
21 147.34 35.83 111.51 3,471.22
22 147.34 34.71 112.63 3,358.60
23 147.34 33.59 113.75 3,244.84
24 147.34 32.45 114.89 3,129.95
25 147.34 31.30 116.04 3,013.92
26 147.34 30.14 117.20 2,896.72
27 147.34 28.97 118.37 2,778.35
28 147.34 27.78 119.55 2,658.79
29 147.34 26.59 120.75 2,538.04
30 147.34 25.38 121.96 2,416.09
31 147.34 24.16 123.18 2,292.91
32 147.34 22.93 124.41 2,168.50
33 147.34 21.68 125.65 2,042.85
34 147.34 20.43 126.91 1,915.94
35 147.34 19.16 128.18 1,787.76
36 147.34 17.88 129.46 1,658.30
37 147.34 16.58 130.75 1,527.54
38 147.34 15.28 132.06 1,395.48
39 147.34 13.95 133.38 1,262.10
40 147.34 12.62 134.72 1,127.38
41 147.34 11.27 136.06 991.32
42 147.34 9.91 137.42 853.89
43 147.34 8.54 138.80 715.09
44 147.34 7.15 140.19 574.91
45 147.34 5.75 141.59 433.32
46 147.34 4.33 143.00 290.31
47 147.34 2.90 144.43 145.88
48 147.34 1.46 145.88 0.00
 A= ?
P= 5,595.00
i= 0.01000
N= 48.00

A= 147.3378 0.02633

A/P M3*((M4*POTENCIA((1+M4);M
M3*((M4*POTENCIA((1+M4);M
3*((M4*POTENCIA((1+M4);M5))/((POTENCIA((1+M5);M5))-1))
3*((M4*POTENCIA((1+M4);M5))/((POTENCIA((1+M4);M5))-1))
 TASA EFECTIVA= (1+r/m)m-1

i=r= 0.12
m= 12.00

0.13 0.13

AMORTIZ
ACION A
CUOTA INTERES 1% CAPITAL

50,000.00
1 3,817.20 750.00 3,067.20 46,932.80
2 3,817.20 703.99 3,113.21 43,819.59

3 3,817.20 657.29 3,159.91 40,659.69

4 3,817.20 609.90 3,207.30 37,452.38
5 3,817.20 561.79 3,255.41 34,196.97
6 3,817.20 512.95 3,304.25 30,892.72
7 3,817.20 463.39 3,353.81 27,538.91
8 3,817.20 413.08 3,404.12 24,134.80
9 3,817.20 362.02 3,455.18 20,679.62

10 3,817.20 310.19 3,507.01 17,172.62

11 3,817.20 257.59 3,559.61 13,613.00

 12 3,817.20 204.20 3,613.00 10,000.00

y si es del 3% por período.

PERIODO PLAN A PLAN B
t = 0 – 4.500 – 7.000
t = 1 1.000 600
t = 2 1.000 1.200

t = 3 1.000 1.800
t = 4 1.000 2.400
t = 5 1.000 3.000
 AÑO ALTERNATIVA A ALTERNAT
0 –100.000 –100.000
1 30.000 50.000
2 40.000 50.000
3 50.000 50.000
4 60.000 20.000
Cuadro 1.17.4.1. Flujos de fondo p

0.03
AÑO PLAN A PLAN B
0 -100,000.00 -100,000.00
1 30,000.00 50,000.00
2 40,000.00 50,000.00
3 50,000.00 50,000.00
4 60,000.00 20,000.00

VP 65,896.36 59,200.31
 A=
P=
i=
N=

0.01056875251 A=

A/P

i= 0.015

41,636.13 P=F/(1+i) N

P=

F=

i=

N=

P=
P/F
 14%
PERIODO PLAN A PLAN B P=
t=0 -4500 -7000 A=
t=1 1000 600 i=
t=2 1000 1200 N=

t=3 1000 1800

t=4 1000 2400 P=

t=5 1000 3000

P/A
VP Bs.-1,066.92 Bs.-1,356.28

3%
PERIODO PLAN A PLAN B

t=0 -4500 -7000 P=

t=1 1000 600 A=
t=2 1000 1200 i=
t=3 1000 1800 N=

t=4 1000 2400

t=5 1000 3000 P=

VP Bs.79.71 Bs.1,081.09 P/A

O ALTERNATIVA A ALTERNATIVA B
100.000 –100.000
0.000 50.000
0.000 50.000
0.000 50.000
0.000 20.000
adro 1.17.4.1. Flujos de fondo para las alternativas A y B

P= ?
A= 30,000.00
i= 0.03
N= 5.00

P= 137,391.22
? P= ?
41,636.13 A= 5,856.50
0.01500 i= 0.0150
12.00 N= 12.00

3,817.1997 0.09168 P= 10.91

P/A

50,000.00 A 10.91 8,363.87

? 41,636.13 .=A* 10.91

10,000.00

0.015 A= 41,636.13 3817.199716

12.00 10.91

8,363.87
?
1,000.00 P= ?
0.14 A= 600.00
5.00 i= 0.14

N= 5.00
3,433.08 P= -1,066.92
P= 2,059.85

P/A

?
1,000.00 P= ?
0.03 A= 600.00
5.00 i= 0.03

N= 5.00

4,579.71 P= 79.71
P= 2,747.82

P/A
 CALCULO P/G
P= ?
G= 600.00
i= 0.14

N= 5.00
P= 3,583.876 -1,356.276

CALCULO P/G
P= ?
G= 600.00
i= 0.03

N= 5.00

P= 5,333.265 1,081.090