FORMULARIO DE MATEMÁTICA FINANCIERA TERCERA UNIDAD

Semana 12: TASA DEL COSTO EFECTIVO ANUAL (TCEA), TASA DE RENDIMIENTO EFECTIVO
ANUAL (TREA) Y PERIODO

DETERMINACIÓN DE LA TASA DE INTERÉS EFECTIVA

𝑉𝐹 = 𝑉𝑃 ∗ (1 + 𝑖)𝑛
𝑓𝑎𝑐𝑡𝑜𝑟 𝑠𝑖𝑚𝑝𝑙𝑒 𝑑𝑒 𝑐𝑎𝑝𝑖𝑡𝑎𝑙𝑖𝑧𝑎𝑐𝑖𝑜𝑛 (𝐹𝑆𝐶) (1 + 𝑖)𝑛
1
𝑉𝑃 = 𝑉𝐹 ∗ [ ]
(1 + 𝑖)𝑛
1
𝑓𝑎𝑐𝑡𝑜𝑟 𝑠𝑖𝑚𝑝𝑙𝑒 𝑑𝑒 𝑎𝑐𝑡𝑢𝑎𝑙𝑖𝑧𝑎𝑐𝑖𝑜𝑛 (𝐹𝑆𝐴) [ ]
(1 + 𝑖)𝑛

𝒏 𝑽𝑭
𝒊= √ −𝟏
𝑽𝑷

(1 + 𝑖)𝑛 − 1
𝑉𝑃 = 𝑅 ∗ [ ]
𝑖(1 + 𝑖)𝑛

(1 + 𝑖)𝑛 − 1
𝑓𝑎𝑐𝑡𝑜𝑟 𝑑𝑒 𝑎𝑐𝑡𝑢𝑎𝑙𝑖𝑧𝑎𝑐𝑖𝑜𝑛 𝑑𝑒 𝑙𝑎 𝑠𝑒𝑟𝑖𝑒 (𝐹𝐴𝑆) [ ]
𝑖(1 + 𝑖)𝑛

(1 + 𝑖)𝑛
𝑅 = 𝑉𝑃 ∗ [ ]
(1 + 𝑖)𝑛 − 1

(1 + 𝑖)𝑛
𝑓𝑎𝑐𝑡𝑜𝑟 𝑑𝑒 𝑟𝑒𝑐𝑢𝑝𝑒𝑟𝑎𝑐𝑖𝑜𝑛 𝑑𝑒 𝑐𝑎𝑝𝑖𝑡𝑎𝑙 (𝐹𝑅𝐶) [ ]
(1 + 𝑖)𝑛 − 1

(𝒏 − 𝟏)𝒉 − 𝟏𝟐
𝒊=[ ]∗𝒉
𝟐(𝒏 − 𝟏)𝒉 − 𝟏𝟐
𝟐
𝑹 ∗ 𝒏 𝒏+𝟏
𝒉=[ ] −𝟏
𝑽𝑷
 (1 + 𝑖)𝑛 − 1
𝑉𝐹 = 𝑅 ∗ [ ]
𝑖

(1 + 𝑖)𝑛 − 1
𝑓𝑎𝑐𝑡𝑜𝑟 𝑑𝑒 𝑐𝑎𝑝𝑖𝑡𝑎𝑙𝑖𝑧𝑎𝑐𝑖𝑜𝑛 𝑑𝑒 𝑙𝑎 𝑠𝑒𝑟𝑖𝑒 (𝐹𝐶𝑆) [ ]
𝑖
𝑖
𝑅 = 𝑉𝐹 ∗ [ ]
(1 + 𝑖)𝑛 − 1
𝑖
𝑓𝑎𝑐𝑡𝑜𝑟 𝑑𝑒 𝑑𝑒𝑝𝑜𝑠𝑖𝑡𝑜 𝑎 𝑓𝑜𝑛𝑑𝑜 𝑑𝑒 𝑎𝑚𝑜𝑟𝑡𝑖𝑧𝑎𝑐𝑖𝑜𝑛 (𝐹𝐷𝐹𝐴) [ ]
(1 + 𝑖)𝑛 − 1
(𝒏 + 𝟏)𝒉 + 𝟏𝟐
𝒊=[ ]∗𝒉
𝟐(𝒏 + 𝟏)𝒉 + 𝟏𝟐
𝟐
𝑹 ∗ 𝒏 𝒏−𝟏
𝒉=[ ] −𝟏
𝑽𝑷
DETERMINACIÓN DEL PERIODO

𝑉𝐹 = 𝑉𝑃 ∗ (1 + 𝑖)𝑛
𝑓𝑎𝑐𝑡𝑜𝑟 𝑠𝑖𝑚𝑝𝑙𝑒 𝑑𝑒 𝑐𝑎𝑝𝑖𝑡𝑎𝑙𝑖𝑧𝑎𝑐𝑖𝑜𝑛 (𝐹𝑆𝐶) (1 + 𝑖)𝑛
1
𝑉𝑃 = 𝑉𝐹 ∗ [ ]
(1 + 𝑖)𝑛
1
𝑓𝑎𝑐𝑡𝑜𝑟 𝑠𝑖𝑚𝑝𝑙𝑒 𝑑𝑒 𝑎𝑐𝑡𝑢𝑎𝑙𝑖𝑧𝑎𝑐𝑖𝑜𝑛 (𝐹𝑆𝐴) [ ]
(1 + 𝑖)𝑛
𝑽𝑭
𝑳𝒐𝒈 (𝑽𝑷)
𝒏=
𝑳𝒐𝒈(𝟏 + 𝒊)
(1 + 𝑖)𝑛 − 1
𝑉𝑃 = 𝑅 ∗ [ ]
𝑖(1 + 𝑖)𝑛

(1 + 𝑖)𝑛 − 1
𝑓𝑎𝑐𝑡𝑜𝑟 𝑑𝑒 𝑎𝑐𝑡𝑢𝑎𝑙𝑖𝑧𝑎𝑐𝑖𝑜𝑛 𝑑𝑒 𝑙𝑎 𝑠𝑒𝑟𝑖𝑒 (𝐹𝐴𝑆) [ ]
𝑖(1 + 𝑖)𝑛
 (1 + 𝑖)𝑛
𝑅 = 𝑉𝑃 ∗ [ ]
(1 + 𝑖)𝑛 − 1

(1 + 𝑖)𝑛
𝑓𝑎𝑐𝑡𝑜𝑟 𝑑𝑒 𝑟𝑒𝑐𝑢𝑝𝑒𝑟𝑎𝑐𝑖𝑜𝑛 𝑑𝑒 𝑐𝑎𝑝𝑖𝑡𝑎𝑙 (𝐹𝑅𝐶) [ ]
(1 + 𝑖)𝑛 − 1
𝑽𝑷 ∗ 𝒊
𝑳𝒐𝒈 [𝟏 −
𝒏=− 𝑹 ]
𝑳𝒐𝒈(𝟏 + 𝒊)
(1 + 𝑖)𝑛 − 1
𝑉𝐹 = 𝑅 ∗ [ ]
𝑖

(1 + 𝑖)𝑛 − 1
𝑓𝑎𝑐𝑡𝑜𝑟 𝑑𝑒 𝑐𝑎𝑝𝑖𝑡𝑎𝑙𝑖𝑧𝑎𝑐𝑖𝑜𝑛 𝑑𝑒 𝑙𝑎 𝑠𝑒𝑟𝑖𝑒 (𝐹𝐶𝑆) [ ]
𝑖
𝑖
𝑅 = 𝑉𝐹 ∗ [ ]
(1 + 𝑖)𝑛 − 1
𝑖
𝑓𝑎𝑐𝑡𝑜𝑟 𝑑𝑒 𝑑𝑒𝑝𝑜𝑠𝑖𝑡𝑜 𝑎 𝑓𝑜𝑛𝑑𝑜 𝑑𝑒 𝑎𝑚𝑜𝑟𝑡𝑖𝑧𝑎𝑐𝑖𝑜𝑛 (𝐹𝐷𝐹𝐴) [ ]
(1 + 𝑖)𝑛 − 1
𝑽𝑭 ∗ 𝒊
𝑳𝒐𝒈 ( 𝑹 + 𝟏)
𝒏=
𝑳𝒐𝒈(𝟏 + 𝒊)
Semana 13: VALOR ACTUAL NETO (VAN) Y RELACIÓN BENEFICIO COSTO (B/C)

VALOR ACTUAL NETO (VAN)

RELACIÓN BENEFICIO COSTO (B/C)

Semana 14: PERIODO DE RECUPERACIÓN DE LA INVERSIÓN (PRI) Y TASA INTERNA DE RETORNO
(TIR)

PERIODO DE RECUPERACIÓN DE LA INVERSIÓN(PRI)

TASA INTERNA DE RETORNO(TIR)