EJERCICIO 1

tasa
26%
29.333%
29.333%
2.16667%

nper

ingresos
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49

12,000,000.00
12,000,000.00
12,000,000.00
12,000,000.00
12,000,000.00
12,000,000.00
12,600,000.00
12,600,000.00
12,600,000.00
12,600,000.00
12,600,000.00
12,600,000.00
13,230,000.00
13,230,000.00
13,230,000.00
13,230,000.00
13,230,000.00
13,230,000.00
13,891,500.00
13,891,500.00
13,891,500.00
13,891,500.00
13,891,500.00
13,891,500.00
14,169,330.00
14,169,330.00
14,169,330.00
14,452,716.60
14,452,716.60
14,452,716.60
14,741,770.93
14,741,770.93
14,741,770.93
15,036,606.35
15,036,606.35
15,036,606.35
15,337,338.48
15,337,338.48
15,337,338.48
15,644,085.25
15,644,085.25
15,644,085.25
15,956,966.95
15,956,966.95
15,956,966.95
16,276,106.29
16,276,106.29
16,276,106.29
16,601,628.42

egresos
saldo
20,000,000.00 -20,000,000.00
4,000,000.00
8,000,000.00
4,000,000.00
8,000,000.00
4,000,000.00
8,000,000.00
4,080,000.00
7,920,000.00
4,080,000.00
7,920,000.00
4,080,000.00
7,920,000.00
4,161,600.00
8,438,400.00
4,161,600.00
8,438,400.00
4,161,600.00
8,438,400.00
4,244,832.00
8,355,168.00
4,244,832.00
8,355,168.00
4,244,832.00
8,355,168.00
4,308,504.48
8,921,495.52
4,308,504.48
8,921,495.52
4,373,132.05
8,856,867.95
4,373,132.05
8,856,867.95
4,438,729.03
8,791,270.97
4,438,729.03
8,791,270.97
4,505,309.96
9,386,190.04
4,505,309.96
9,386,190.04
4,572,889.61
9,318,610.39
4,572,889.61
9,318,610.39
4,641,482.96
9,250,017.04
4,641,482.96
9,250,017.04
4,687,897.79
9,481,432.21
4,734,776.76
9,434,553.24
4,782,124.53
9,387,205.47
4,829,945.78
9,622,770.82
4,878,245.24
9,574,471.36
4,927,027.69
9,525,688.91
4,976,297.96
9,765,472.97
5,026,060.94
9,715,709.99
5,076,321.55
9,665,449.38
5,127,084.77
9,909,521.58
5,178,355.62
9,858,250.73
5,230,139.17
9,806,467.18
5,282,440.56 10,054,897.91
5,335,264.97 10,002,073.51
5,388,617.62
9,948,720.86
5,442,503.80 10,201,581.45
5,496,928.83 10,147,156.41
5,551,898.12 10,092,187.12
5,607,417.10 10,349,549.85
5,663,491.27 10,293,475.68
5,720,126.19 10,236,840.76
5,777,327.45 10,498,778.84
5,835,100.72 10,441,005.57
5,893,451.73 10,382,654.56
5,952,386.25 10,649,242.17

50
51
52
53
54
55
56
57
58
59
60

16,601,628.42
16,601,628.42
16,933,660.99
16,933,660.99
16,933,660.99
17,272,334.21
17,272,334.21
17,272,334.21
17,617,780.89
17,617,780.89
17,617,780.89

6,011,910.11
6,072,029.21
6,132,749.50
6,194,077.00
6,256,017.77
6,318,577.95
6,381,763.73
6,445,581.36
6,510,037.18
6,575,137.55
6,640,888.92

10,589,718.31
10,529,599.21
10,800,911.48
10,739,583.99
10,677,643.22
10,953,756.26
10,890,570.48
10,826,752.84
11,107,743.71
11,042,643.34
10,976,891.96

EJERCICIO 19
309,042,997.27
289,042,997.27 VNA
40.227% TIR

nper

ingresos

egresos

gastos de mantenimiento
gastos operacionales y de exp
gastos de funcionamiento
gastos administrativos
gastos financieros
costos de insumos
gastos de nomina
servicios

35000000
27000000
18000000
45000000
2000000
56000000
40000000
9000000

nper
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36

ejercicio 21
TIO
TMAR
DTF
INFLACION

DTF
TIO +

nper
25 spreads
7.30%
2005
2006
2007
2008
2009
2010

5.50%
5%
4.70%
4.60%
4.50%
4.50%
INICIAL
1,500,000.00
6,000,000.00
4,000,000.00
4,800,000.00
12,000,000.00
2,000,000.00
6,000,000.00
2,500,000.00
3,000,000.00
valor total de la inversion inicial41,800,000.00

ingresos
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47

41800000
20900000
8360000
4180000
4180000
2090000
2090000

48
49
50
51
52
53
54
55
56
57
58
59
60

costo

4000000
4000000
4000000
4000000
4000000
4000000
4000000
4120000
4120000
4120000
4120000
4120000
4120000
4120000
4120000
4120000
4120000
4120000
4120000
4243600
4243600
4243600
4243600
4243600
4243600
4243600
4243600
4243600
4243600
4243600
4243600
4370908
4370908
4370908
4370908
4370908
4370908
4370908
4370908
4370908
4370908
4370908

precio de venta

15000000
15000000
15000000
15000000
15000000
15000000
15000000
15750000
15750000
15750000
15750000
15750000
15750000
15750000
15750000
15750000
15750000
15750000
15750000
16537500
16537500
16537500
16537500
16537500
16537500
16537500
16537500
16537500
16537500
16537500
16537500
17364375
17364375
17364375
17364375
17364375
17364375
17364375
17364375
17364375
17364375
17364375

insumos

500000
500000
500000
500000
500000
500000
500000
522500
522500
522500
522500
522500
522500
522500
522500
522500
522500
522500
522500
546012.5
546012.5
546012.5
546012.5
546012.5
546012.5
546012.5
546012.5
546012.5
546012.5
546012.5
546012.5
570583.063
570583.063
570583.063
570583.063
570583.063
570583.063
570583.063
570583.063
570583.063
570583.063
570583.063

4370908
4502035.24
4502035.24
4502035.24
4502035.24
4502035.24
4502035.24
4502035.24
4502035.24
4502035.24
4502035.24
4502035.24
4502035.24

17364375
18232593.75
18232593.75
18232593.75
18232593.75
18232593.75
18232593.75
18232593.75
18232593.75
18232593.75
18232593.75
18232593.75
18232593.75

570583.063
596259.3
596259.3
596259.3
596259.3
596259.3
596259.3
596259.3
596259.3
596259.3
596259.3
596259.3
596259.3