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IN
SERIES UNIFORMES
Anualidades vencida
Anualidades anticipada
Anualidad diferida
Anualidad perpetua
SERIES VARIABLES
Gradiente
Gradiente
Gradiente
Gradiente
aritmtico
aritmtico diferido
geomtrico
geomtrico diferido
CONVERSION DE TASAS
Tasa nominal
Tasa efectiva anual
DE MATEMATICAS FINANCIERAS
TEMATICO
SISTEMAS DE AMORTIZACION
Cuota fija
Cuotas extraordinarias
Anualidad diferida
Gradiente aritmtico
Gradiente geomtrico
INDICADORES DE CONVENIENC
VPN
TIR
TIRM
CAUE
B/C
AS
S DE CONVENIENCIA
Nper
ANUALIDAD
12
500,000
VP
3,580,363
Sintaxis
(F/A, i%, n)
Tasa Per.
2.50%
Nper
ANUALIDAD
24
100,000
VF
3,234,904
VP
60
30,000,000
ANUALIDAD
667,333
Sintaxis
(A/F, i%, n)
Tasa Per.
6.50%
Sintaxis
Nper
Nper
VF
10,000,000
ANUALIDAD
992,373
(P/A, i%, n)
Tasa Per.
4.00%
Sintaxis
(F/A, i%, n)
Tasa Per.
Nper
ANUALIDAD
750,000
VP
4,088,867
ANUALIDAD
VF
1.00%
Sintaxis
(A/P, i%, n)
Tasa Per.
2.50%
Sintaxis
(A/F, i%, n)
Tasa Per.
7.00%
3,595,641
380,000
VP
12
24,000,000
ANUALIDAD
2,282,625
Nper
VF
12
5,000,000
ANUALIDAD
261,224
ANUALIDAD DIFERIDA
Valor Presente
Con perodo de gracia (r) y perodo de pagos (s)
Sintaxis
P=(P/A , i%, r, s)
Tasa Per.
0.50%
ANUALIDAD
23
36
1,000,000
VP
29,308,508
VP
20
28
50,000,000
ANUALIDAD
2,306,618
ANUALIDAD PERPETUA
Valor Presente de una anualidad perpetua
Sintaxis
(P/A, i%)
Tasa Per.
1.39%
ANUALIDAD
750,000
VP
53,956,835
GRADIENTE ARITMETICO
Valor Presente
Gradiente Aritmtico Vencido Creciente
Sintaxis
P=A(P/A ,i%, n) + G(P/G, i%, n)
Tasa Per.
Nper
Pago
0.75%
180
350,000
Gradiente
3,000
VP
55,185,497
Valor Presente
Gradiente Aritmtico Vencido Decreciente
Sintaxis
P=A(P/A ,i%, n) + G(P/G, i%, n)
Tasa Per.
Nper
Pago
0.75%
180
350,000
Gradiente
-3,000
VP
13,829,889
Valor Presente
Gradiente Aritmtico Anticipado Creciente
Sintaxis
P=A(P/A ,i%, n) + G(P/G, i%, n)
Tasa Per.
Nper
Pago
1.31%
36
120,000
Gradiente
VP
8,129,035
10,000
Valor Presente
Gradiente Aritmtico Anticipado Decreciente
Sintaxis
P=A(P/A ,i%, n) + G(P/G, i%, n)
Tasa Per.
Nper
Pago
1.37%
36
120,000
Gradiente
-1,000
VP
2,979,164
Valor Futuro
Gradiente Aritmtico Vencido Creciente
Sintaxis
F=A(F/G ,i%, n) + G(F/G, i%, n)
Tasa Per.
Nper
Pago
1.00%
12
250,000
Gradiente
20,000
VF
4,535,632
Valor Futuro
Gradiente Aritmtico Vencido Decreciente
Sintaxis
F=A(F/G ,i%, n) + G(F/G, i%, n)
Tasa Per.
Nper
Pago
1.00%
Sintaxis
12
250,000
Gradiente
-20,000
Valor Futuro
Gradiente Aritmtico Anticipado Creciente
VF
1,805,620
12
250,000
Gradiente
VF
4,580,988
20,000
Valor Futuro
Gradiente Aritmtico Anticipado Decreciente
Sintaxis
F=A(F/G ,i%, n) + G(F/G, i%, n)
Tasa Per.
Nper
Pago
1.00%
12
250,000
Gradiente
-20,000
VF
1,823,676
Nper
VP
Gradiente
1.02%
180
224,000,000
5,000
CUOTA
2,411,677
Nper
VP
Gradiente
1.02%
180
224,000,000
-5,000
CUOTA
3,046,042
12
100,000,000
Gradiente
500,000
CUOTA
4,138,043
12
100,000,000
Gradiente
-500,000
CUOTA
9,172,391
Tasa Per.
Nper
VP
Gradiente
1.02%
180
224,000,000
5,000
CUOTA
2,384,034
Nper
VP
Gradiente
1.02%
180
224,000,000
-5,000
CUOTA
3,018,399
12
Gradiente
100,000,000
500,000
CUOTA
3,882,073
12
Gradiente
100,000,000
-500,000
CUOTA
8,916,421
Valor Presente
Gradiente Aritmtico Diferido
Sintaxis
P=(P/G ,i%, r,s)
Tasa Per.
Nper
CUOTA
2.50%
42
36
250,000
75,000
Sintaxis
A=(A/P ,i%, r,s)
ir
is
3.00%
4.00%
19
15
800,000
VP
27,731,203
do
VP
105,000,000
CUOTA
5,611,428
GRADIENTE GEOMETRICO
Sintaxis
(P/G, A, i%, n)
Tasa Per.
1.50%
Sintaxis
(P/G, A, i%, n)
Tasa Per.
0.50%
Pago
Gradiente
300,000
10%
VP
1,746,962
Pago
Gradiente
120,000
-5%
VP
710,450
Sintaxis
(P/G, A, i%, n)
Tasa Per.
Nper
Pago
Gradiente
1.00%
12
1,250,000
5%
VP
18,739,644
Sintaxis
(P/G, A, i%, n)
Tasa Per.
Nper
Pago
Gradiente
3.02%
28
1,500,000
-1%
Sintaxis
(F/G, A, i%, n)
Tasa Per.
2.36%
VP
25,828,735
Pago
Gradiente
12
80,000
1%
VF
1,153,823
Nper
12
Pago
80,000
Gradiente
-1%
VF
1,039,388
Sintaxis
(F/G, A, i%, n)
Tasa Per.
Nper
Pago
Gradiente
1.00%
12
1,250,000
5%
VF
21,116,300
Sintaxis
(F/G, A, i%, n)
Tasa Per.
Nper
Pago
Gradiente
1.00%
12
1,250,000
-5%
VF
12,340,200
Sintaxis
(A/G, P ,i%, n)
Tasa Per.
Nper
VP
Gradiente
1.00%
15
3,000,000
5%
CUOTA
151,767
Nper
VP
Gradiente
1.00%
15
3,000,000
-5%
CUOTA
299,529
Nper
VP
Gradiente
1.00%
15
3,000,000
5%
CUOTA
150,265
Nper
VP
Gradiente
CUOTA
1.00%
15
3,000,000
296,563
-5%
Sintaxis
(A/G, F ,i%, n)
Tasa Per.
Nper
VF
Gradiente
3.33%
20,000,000
10%
CUOTA
1,580,599
Nper
VF
Gradiente
3.33%
20,000,000
-10%
CUOTA
3,067,407
Nper
VF
Gradiente
3.33%
20,000,000
10%
CUOTA
1,529,662
Nper
VF
Gradiente
3.33%
20,000,000
-10%
Sintaxis
P=(P/k ,A, i%, r,s)
Tasa Per.
2.50%
CUOTA
2,968,554
Valor Presente
Gradiente Geomtrico Diferido
Nper
CUOTA
21
18
800,000
Nper
10%
12
10
8%
ferido
k
2.0%
VP
12,518,589
ota
ferido
VP
CUOTA
30,000,000
4,330,684
18.5%
Mes
RESULTADOS
Tasa
Tasa
Tasa
Tasa
17.09%
1.42%
1.40%
16.85%
17.09%
TEA
PERIODO (n)
EA
RESULTADO
0.00%
17.09%
18.50%
0.00%
0.00%
0.00%
0.00%
0.00%
18.50%
17.09%
1
PERIODO
TASA
Nominal
Efectiva
FUENTE
0.00%
18.50%
0.00%
0.00%
12
Anual
TIPO
Vencido
Anticipado
PERIODO
No.
CAPITALIZA PERIODOS
CION
EN UN AO
Da
Mes
Bimestre
Trimestre
Semestre
Anual
365
12
6
4
2
1
RESULTADO
Tasa Efectiva Anual
PERIODO
CAPITALIZACION
Da
Mes
Bimestre
Trimestre
Semestre
Anual
SION DE TASAS
FECTIVA ANUAL
e datos
18.00%
Mes
Vencido
TADO
19.56%
TASA
Nominal
Efectiva
No.
PERIODOS
EN UN AO
365
12
6
4
2
1
TIPO
Vencido
Anticipado
Tasa Per.
Nper
15,000,000
2.00% MV
12 Meses
Cuota N
0
1
2
3
4
5
6
7
8
9
10
11
12
ANUALIDAD
FORMULA
EXCEL
1,418,394
Tabla de amortizacin
Cuota
Inters
Capital
1,418,394
1,418,394
1,418,394
1,418,394
1,418,394
1,418,394
1,418,394
1,418,394
1,418,394
1,418,394
1,418,394
1,418,394
300,000
277,632
254,817
231,545
207,808
183,597
158,901
133,711
108,017
81,810
55,078
27,812
1,118,394
1,140,762
1,163,577
1,186,849
1,210,586
1,234,797
1,259,493
1,284,683
1,310,377
1,336,584
1,363,316
1,390,582
1,418,394
Saldo Capital
15,000,000
13,881,606
12,740,844
11,577,267
10,390,419
9,179,833
7,945,036
6,685,542
5,400,859
4,090,483
2,753,898
1,390,582
0
Capital
Tasa Per.
Nper
70,000,000
2.00% MV
36 Meses
C. Extras
Tasa Per.
Nper
4,000,000
26.82% EA
3 Aos
PRIMERO
Nper
ANUALIDAD
26.82%
3 Aos
4,000,000
VP
FORMULA
7,601,751
EXCEL
7,601,751
SEGUNDO
$70.000.000 -7.601.751
62,398,249
TERCERO
Tasa Per.
Nper
62,398,249
2.00% MV
36 Meses
ANUALIDAD
FORMULA
EXCEL
2,448,061
2,448,061
Cuota
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
Inters
1,247,965
1,223,963
1,199,481
1,174,509
1,149,038
1,123,058
1,096,558
1,069,528
1,041,957
1,013,835
985,151
Capital
1,200,096
1,224,098
1,248,580
1,273,552
1,299,023
1,325,003
1,351,503
1,378,533
1,406,104
1,434,226
1,462,911
Saldo Capital
62,398,249
61,198,152
59,974,054
58,725,474
57,451,922
56,152,899
54,827,896
53,476,393
52,097,859
50,691,755
49,257,529
47,794,618
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
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
955,892
926,049
895,609
864,560
832,890
800,586
767,637
734,028
699,748
664,781
629,116
592,737
555,630
517,782
479,176
439,798
399,633
358,665
316,877
274,253
230,777
186,431
141,198
95,061
48,001
1,492,169
1,522,012
1,552,453
1,583,502
1,615,172
1,647,475
1,680,425
1,714,033
1,748,314
1,783,280
1,818,946
1,855,325
1,892,431
1,930,280
1,968,885
2,008,263
2,048,428
2,089,397
2,131,185
2,173,808
2,217,285
2,261,630
2,306,863
2,353,000
2,400,060
46,302,449
44,780,437
43,227,984
41,644,483
40,029,311
38,381,836
36,701,411
34,987,378
33,239,065
31,455,785
29,636,839
27,781,515
25,889,084
23,958,804
21,989,919
19,981,656
17,933,228
15,843,831
13,712,646
11,538,838
9,321,553
7,059,923
4,753,060
2,400,060
0
CUARTO
Cuota
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
6,448,061
2,448,061
Inters
1,400,000
1,375,998
1,351,516
1,326,545
1,301,073
1,275,093
1,248,593
1,221,563
1,193,992
1,165,870
1,137,186
1,107,927
1,038,866
Capital
1,200,096
1,224,098
1,248,580
1,273,552
1,299,023
1,325,003
1,351,503
1,378,533
1,406,104
1,434,226
1,462,911
3,453,062
1,522,012
Saldo Capital
70,000,000
68,799,904
67,575,805
66,327,225
65,053,673
63,754,651
62,429,647
61,078,144
59,699,610
58,293,506
56,859,280
55,396,369
51,943,308
50,421,296
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
6,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
2,448,061
6,448,061
1,008,426
977,377
945,707
913,403
880,454
846,845
812,565
777,598
741,933
705,554
668,447
580,861
542,256
502,878
462,713
421,744
379,956
337,332
293,856
249,511
204,278
158,141
111,081
1,552,453
1,583,502
1,615,172
1,647,475
1,680,425
1,714,033
1,748,314
1,783,280
1,818,946
1,855,325
4,379,317
1,930,280
1,968,885
2,008,263
2,048,428
2,089,397
2,131,185
2,173,808
2,217,285
2,261,630
2,306,863
2,353,000
5,554,033
48,868,843
47,285,341
45,670,170
44,022,695
42,342,270
40,628,237
38,879,923
37,096,643
35,277,698
33,422,373
29,043,056
27,112,777
25,143,891
23,135,628
21,087,200
18,997,804
16,866,619
14,692,810
12,475,526
10,213,896
7,907,033
5,554,033
0
AS
Tasa Per.
Nper
ANUALIDAD
26.82%
3 Aos
4,000,000
Cuota
Inters
Capital
Saldo Capital
7,601,751
7,601,751
7,601,751
7,601,751
7,601,751
7,601,751
7,601,751
7,601,751
7,601,751
7,601,751
7,601,751
7,601,751
anuales)
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
4,000,000
2,039,107
1,960,893
4,000,000
1,513,114
2,486,886
4,000,000
846,027
3,153,973
5,640,859
5,640,859
5,640,859
5,640,859
5,640,859
5,640,859
5,640,859
5,640,859
5,640,859
5,640,859
5,640,859
5,640,859
3,153,973
3,153,973
3,153,973
3,153,973
3,153,973
3,153,973
3,153,973
3,153,973
3,153,973
3,153,973
3,153,973
3,153,973
0
50,000,000
36 MESES
12 MESES
24 MESES
21% NMV
1.8% MV
METODO 1
Tasa Per.
1.8% MV
VP
12
24
50,000,000
ANUALIDAD
3,163,916
METODO 2
1.8% MV
VP
12
50,000,000
VF
61,571,966
Tasa Per.
Nper
VP
1.75%
24
61,571,966
3,163,916
EXCEL
3,163,916
PERIODO DE GRACIA
Cuota N
0
1
2
3
4
5
6
7
FORMULA
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
3,163,916
987,982
1,005,272
1,022,864
1,040,764
1,058,977
1,077,509
1,040,997
1,003,846
966,045
927,582
888,446
848,626
808,108
766,882
724,933
682,251
638,822
594,633
549,671
503,921
457,371
410,007
361,813
312,777
262,882
212,114
160,457
107,897
54,416
PERIODO DE G
PERIODO DE G
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
2,086,406
2,122,918
2,160,069
2,197,871
2,236,333
2,275,469
2,315,290
2,355,807
2,397,034
2,438,982
2,481,664
2,525,093
2,569,283
2,614,245
2,659,994
2,706,544
2,753,909
2,802,102
2,851,139
2,901,034
2,951,802
3,003,458
3,056,019
3,109,499
57,444,089
58,449,361
59,472,225
60,512,988
61,571,966
59,485,560
57,362,641
55,202,572
53,004,702
50,768,368
48,492,899
46,177,609
43,821,802
41,424,768
38,985,786
36,504,122
33,979,028
31,409,746
28,795,501
26,135,506
23,428,962
20,675,053
17,872,951
15,021,812
12,120,779
9,168,977
6,165,518
3,109,499
0
224,000,000
180 MESES
5,000
1.02% MV
Tasa Per.
Nper
VP
Gradiente
1.02%
180
224,000,000
5,000
Cuota N
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
1a CUOTA
2,412,328
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
2,557,328
2,562,328
2,567,328
2,572,328
2,577,328
2,582,328
2,587,328
2,592,328
2,597,328
2,602,328
2,607,328
2,612,328
2,617,328
2,622,328
2,627,328
2,632,328
2,637,328
2,642,328
2,647,328
2,652,328
2,657,328
2,662,328
2,667,328
2,672,328
2,677,328
2,682,328
2,687,328
2,692,328
2,697,328
2,702,328
2,707,328
2,712,328
2,717,328
2,722,328
2,727,328
2,732,328
2,737,328
2,742,328
2,747,328
2,752,328
2,757,328
2,762,328
2,767,328
2,772,328
2,777,328
2,229,240
2,225,881
2,222,437
2,218,906
2,215,289
2,211,582
2,207,787
2,203,902
2,199,926
2,195,857
2,191,696
2,187,442
2,183,092
2,178,647
2,174,105
2,169,466
2,164,727
2,159,889
2,154,951
2,149,910
2,144,767
2,139,520
2,134,168
2,128,710
2,123,145
2,117,472
2,111,690
2,105,797
2,099,793
2,093,676
2,087,446
2,081,100
2,074,638
2,068,059
2,061,361
2,054,544
2,047,606
2,040,545
2,033,361
2,026,052
2,018,618
2,011,055
2,003,365
1,995,544
1,987,592
328,088
336,446
344,891
353,421
362,039
370,745
379,541
388,426
397,402
406,470
415,631
424,886
434,235
443,681
453,223
462,862
472,600
482,438
492,377
502,417
512,560
522,807
533,159
543,617
554,182
564,855
575,638
586,530
597,534
608,651
619,882
631,228
642,689
654,269
665,966
677,784
689,722
701,783
713,967
726,275
738,710
751,272
763,963
776,783
789,735
217,438,219
217,101,772
216,756,882
216,403,460
216,041,421
215,670,676
215,291,135
214,902,710
214,505,308
214,098,837
213,683,206
213,258,320
212,824,085
212,380,404
211,927,182
211,464,320
210,991,719
210,509,281
210,016,904
209,514,487
209,001,926
208,479,119
207,945,960
207,402,342
206,848,160
206,283,305
205,707,667
205,121,137
204,523,603
203,914,951
203,295,069
202,663,842
202,021,152
201,366,884
200,700,917
200,023,134
199,333,412
198,631,629
197,917,663
197,191,387
196,452,677
195,701,405
194,937,442
194,160,659
193,370,924
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
2,782,328
2,787,328
2,792,328
2,797,328
2,802,328
2,807,328
2,812,328
2,817,328
2,822,328
2,827,328
2,832,328
2,837,328
2,842,328
2,847,328
2,852,328
2,857,328
2,862,328
2,867,328
2,872,328
2,877,328
2,882,328
2,887,328
2,892,328
2,897,328
2,902,328
2,907,328
2,912,328
2,917,328
2,922,328
2,927,328
2,932,328
2,937,328
2,942,328
2,947,328
2,952,328
2,957,328
2,962,328
2,967,328
2,972,328
2,977,328
2,982,328
2,987,328
2,992,328
2,997,328
3,002,328
1,979,508
1,971,290
1,962,936
1,954,446
1,945,817
1,937,049
1,928,140
1,919,089
1,909,894
1,900,554
1,891,066
1,881,431
1,871,645
1,861,709
1,851,619
1,841,375
1,830,975
1,820,417
1,809,700
1,798,822
1,787,781
1,776,577
1,765,206
1,753,668
1,741,961
1,730,082
1,718,031
1,705,805
1,693,403
1,680,822
1,668,062
1,655,120
1,641,994
1,628,683
1,615,184
1,601,496
1,587,617
1,573,544
1,559,276
1,544,811
1,530,146
1,515,281
1,500,212
1,484,937
1,469,455
802,820
816,038
829,392
842,882
856,510
870,278
884,187
898,239
912,434
926,774
941,261
955,897
970,682
985,619
1,000,709
1,015,953
1,031,353
1,046,911
1,062,628
1,078,506
1,094,546
1,110,751
1,127,121
1,143,660
1,160,367
1,177,246
1,194,297
1,211,523
1,228,925
1,246,505
1,264,265
1,282,208
1,300,333
1,318,645
1,337,143
1,355,832
1,374,711
1,393,784
1,413,052
1,432,517
1,452,181
1,472,047
1,492,116
1,512,391
1,532,873
192,568,104
191,752,066
190,922,674
190,079,792
189,223,282
188,353,004
187,468,816
186,570,578
185,658,144
184,731,370
183,790,109
182,834,212
181,863,529
180,877,910
179,877,202
178,861,249
177,829,896
176,782,986
175,720,358
174,641,852
173,547,306
172,436,555
171,309,434
170,165,774
169,005,407
167,828,161
166,633,864
165,422,342
164,193,417
162,946,911
161,682,646
160,400,438
159,100,105
157,781,460
156,444,317
155,088,486
153,713,775
152,319,991
150,906,939
149,474,422
148,022,241
146,550,194
145,058,078
143,545,687
142,012,815
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
3,007,328
3,012,328
3,017,328
3,022,328
3,027,328
3,032,328
3,037,328
3,042,328
3,047,328
3,052,328
3,057,328
3,062,328
3,067,328
3,072,328
3,077,328
3,082,328
3,087,328
3,092,328
3,097,328
3,102,328
3,107,328
3,112,328
3,117,328
3,122,328
3,127,328
3,132,328
3,137,328
3,142,328
3,147,328
3,152,328
3,157,328
3,162,328
3,167,328
3,172,328
3,177,328
3,182,328
3,187,328
3,192,328
3,197,328
3,202,328
3,207,328
3,212,328
3,217,328
3,222,328
3,227,328
1,453,763
1,437,859
1,421,742
1,405,408
1,388,856
1,372,083
1,355,088
1,337,867
1,320,418
1,302,740
1,284,830
1,266,685
1,248,304
1,229,682
1,210,820
1,191,712
1,172,359
1,152,755
1,132,900
1,112,791
1,092,424
1,071,798
1,050,909
1,029,756
1,008,334
986,642
964,677
942,436
919,916
897,115
874,028
850,655
826,990
803,033
778,779
754,225
729,369
704,207
678,737
652,954
626,857
600,441
573,703
546,641
519,251
1,553,565
1,574,468
1,595,586
1,616,920
1,638,472
1,660,244
1,682,240
1,704,461
1,726,909
1,749,587
1,772,498
1,795,642
1,819,024
1,842,645
1,866,508
1,890,615
1,914,969
1,939,572
1,964,427
1,989,537
2,014,904
2,040,530
2,066,418
2,092,572
2,118,993
2,145,685
2,172,650
2,199,891
2,227,411
2,255,213
2,283,299
2,311,673
2,340,337
2,369,295
2,398,549
2,428,103
2,457,959
2,488,120
2,518,591
2,549,373
2,580,471
2,611,887
2,643,624
2,675,687
2,708,077
140,459,250
138,884,782
137,289,196
135,672,277
134,033,805
132,373,560
130,691,320
128,986,859
127,259,950
125,510,363
123,737,865
121,942,223
120,123,199
118,280,554
116,414,046
114,523,430
112,608,461
110,668,889
108,704,461
106,714,924
104,700,021
102,659,491
100,593,073
98,500,501
96,381,507
94,235,822
92,063,172
89,863,280
87,635,869
85,380,656
83,097,357
80,785,684
78,445,347
76,076,052
73,677,503
71,249,401
68,791,442
66,303,322
63,784,731
61,235,358
58,654,887
56,043,000
53,399,376
50,723,689
48,015,612
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
3,232,328
3,237,328
3,242,328
3,247,328
3,252,328
3,257,328
3,262,328
3,267,328
3,272,328
3,277,328
3,282,328
3,287,328
3,292,328
3,297,328
3,302,328
3,307,328
491,528
463,471
435,076
406,338
377,256
347,824
318,040
287,899
257,400
226,536
195,306
163,704
131,728
99,374
66,637
33,514
2,740,799
2,773,856
2,807,252
2,840,989
2,875,072
2,909,504
2,944,288
2,979,428
3,014,928
3,050,791
3,087,022
3,123,623
3,160,599
3,197,954
3,235,691
3,273,814
45,274,813
42,500,956
39,693,704
36,852,715
33,977,643
31,068,139
28,123,851
25,144,423
22,129,495
19,078,703
15,991,682
12,868,058
9,707,459
6,509,505
3,273,814
0
METICO
Gradiente
Tasa
Tasa Per.
3.02%
Cuota N
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
350,000,000
7 AOS
28 TRIMESTES
2.8%
3.02% TV
VP
Gradiente
28
350,000,000
2.8%
1a CUOTA
13,254,606
TRICO
ior x (1+G)
INDICADORES DE CONVENIENCIA
Ao
0
1
2
3
4
5
6
7
8
9
10
11
12
Ingresos
2,350,000
2,350,000
2,350,000
2,350,000
3,300,000
3,300,000
3,300,000
4,350,000
4,350,000
3,850,000
1,000,000
10,000,000
Egresos
20,000,000
500,000
500,000
1,250,000
650,000
650,000
4,500,000
750,000
750,000
2,500,000
850,000
850,000
Tasa descuento
Tasa de financiacin
Tasa de Reinversin
Flujo Neto
VP Egresos
(20,000,000) (20,000,000)
1,850,000
1,850,000
1,100,000
1,700,000
2,650,000
(1,200,000)
(1,117,116)
2,550,000
3,600,000
1,850,000
3,000,000
150,000
10,000,000
TOTALES
21,117,116
VF Ingresos
2,440,417
2,379,734
1,379,792
2,079,382
3,160,789
2,892,135
3,981,486
1,995,165
3,154,951
153,825
10,000,000
33,617,675
3%
1.20%
2.55%
INDICADORES
SIGLA
VPN
TIR
TIRM
TIRM
CAUE
B/C
RESULTADO
3,025,506
4.94%
3.95%
3.95%
303,949
1.10
FORMULA
+VNA(D18;D3:$D$14)+$D$2
+TIR(D2:D14)
+TIRM(D2:D14;$D$19;$D$20)
+(F15/E15)^(1/A14)-1
+PAGO($D$18;A14;-D24)
+(VNA($D$25;B8:B19)+B7)/(VNA($D$25;C8:
NVENIENCIA
ANALISIS SENSIBILIDAD
TIO
3,025,506
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
5.5%
6.0%
6.5%
7.0%
ORES
FORMULA
4)+$D$2
19;$D$20)
-1
D24)
9)+B7)/(VNA($D$25;C8:C18)+C7)
Valor VPN
6
4
2
0
2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 6.5% 7
TIO
TIO