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EJERCICIO 1
EJERCICIO 2
EJERCICIO 3
EJERCICIO 4
EJERCICIO 5
EJERCICIO 6
EJERCICIO 7
EJERCICIO 8
EJERCICIO 9
EJERCICIO 10
EJERCICIO 11
EJERCICIO 12
EJERCICIO 13

1. Una persona solicita un prstamo el da 15 de abril de 2015 y debe efectuar pagos mens
2019. Si le cobran un inters del 2,5% efectivo mensual, cul es el valor del prstamo?

interes EM
valor cuota
n
valor prestamo

n
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
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25
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27
28
29
30
31
32
33

2.5%
\$
220,000.00
48
\$ 6,110,093.82

fecha
4/15/2015
5/15/2015
6/15/2015
7/15/2015
8/15/2015
9/15/2015
10/15/2015
11/15/2015
12/15/2015
1/15/2016
2/15/2016
3/15/2016
4/15/2016
5/15/2016
6/15/2016
7/15/2016
8/15/2016
9/15/2016
10/15/2016
11/15/2016
12/15/2016
1/15/2017
2/15/2017
3/15/2017
4/15/2017
5/15/2017
6/15/2017
7/15/2017
8/15/2017
9/15/2017
10/15/2017
11/15/2017
12/15/2017
1/15/2018

Saldo anterior
\$ 0.00
\$ 6,110,093.82
\$ 6,042,846.16
\$ 5,973,917.32
\$ 5,903,265.25
\$ 5,830,846.88
\$ 5,756,618.05
\$ 5,680,533.50
\$ 5,602,546.84
\$ 5,522,610.51
\$ 5,440,675.77
\$ 5,356,692.67
\$ 5,270,609.99
\$ 5,182,375.23
\$ 5,091,934.62
\$ 4,999,232.98
\$ 4,904,213.81
\$ 4,806,819.15
\$ 4,706,989.63
\$ 4,604,664.37
\$ 4,499,780.98
\$ 4,392,275.50
\$ 4,282,082.39
\$ 4,169,134.45
\$ 4,053,362.81
\$ 3,934,696.88
\$ 3,813,064.31
\$ 3,688,390.91
\$ 3,560,600.69
\$ 3,429,615.70
\$ 3,295,356.10
\$ 3,157,740.00
\$ 3,016,683.50
\$ 2,872,100.59

Intereses
\$ 0.00
\$ 152,752.35
\$ 151,071.15
\$ 149,347.93
\$ 147,581.63
\$ 145,771.17
\$ 143,915.45
\$ 142,013.34
\$ 140,063.67
\$ 138,065.26
\$ 136,016.89
\$ 133,917.32
\$ 131,765.25
\$ 129,559.38
\$ 127,298.37
\$ 124,980.82
\$ 122,605.35
\$ 120,170.48
\$ 117,674.74
\$ 115,116.61
\$ 112,494.52
\$ 109,806.89
\$ 107,052.06
\$ 104,228.36
\$ 101,334.07
\$ 98,367.42
\$ 95,326.61
\$ 92,209.77
\$ 89,015.02
\$ 85,740.39
\$ 82,383.90
\$ 78,943.50
\$ 75,417.09
\$ 71,802.51

34
35
36
37
38
39
40
41
42
43
44
45
46
47
48

2/15/2018
3/15/2018
4/15/2018
5/15/2018
6/15/2018
7/15/2018
8/15/2018
9/15/2018
10/15/2018
11/15/2018
12/15/2018
1/15/2019
2/15/2019
3/15/2019
4/15/2019

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

2,723,903.10
2,572,000.68
2,416,300.69
2,256,708.21
2,093,125.92
1,925,454.06
1,753,590.42
1,577,430.18
1,396,865.93
1,211,787.58
1,022,082.27
\$ 827,634.33
\$ 628,325.18
\$ 424,033.31
\$ 214,634.15

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

68,097.58
64,300.02
60,407.52
56,417.71
52,328.15
48,136.35
43,839.76
39,435.75
34,921.65
30,294.69
25,552.06
20,690.86
15,708.13
10,600.83
\$ 5,365.85

## be efectuar pagos mensuales de \$ 220.000,00, desde el 15 de mayo de 2015, hasta el 15 de abril d

l valor del prstamo?

Cuota
\$ 0.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00
\$ 220,000.00

Saldo actual
\$ 6,110,093.82
\$ 6,042,846.16
\$ 5,973,917.32
\$ 5,903,265.25
\$ 5,830,846.88
\$ 5,756,618.05
\$ 5,680,533.50
\$ 5,602,546.84
\$ 5,522,610.51
\$ 5,440,675.77
\$ 5,356,692.67
\$ 5,270,609.99
\$ 5,182,375.23
\$ 5,091,934.62
\$ 4,999,232.98
\$ 4,904,213.81
\$ 4,806,819.15
\$ 4,706,989.63
\$ 4,604,664.37
\$ 4,499,780.98
\$ 4,392,275.50
\$ 4,282,082.39
\$ 4,169,134.45
\$ 4,053,362.81
\$ 3,934,696.88
\$ 3,813,064.31
\$ 3,688,390.91
\$ 3,560,600.69
\$ 3,429,615.70
\$ 3,295,356.10
\$ 3,157,740.00
\$ 3,016,683.50
\$ 2,872,100.59
\$ 2,723,903.10

REGRESAR

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

220,000.00
220,000.00
220,000.00
220,000.00
220,000.00
220,000.00
220,000.00
220,000.00
220,000.00
220,000.00
220,000.00
220,000.00
220,000.00
220,000.00
220,000.00

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

2,572,000.68
2,416,300.69
2,256,708.21
2,093,125.92
1,925,454.06
1,753,590.42
1,577,430.18
1,396,865.93
1,211,787.58
1,022,082.27
\$ 827,634.33
\$ 628,325.18
\$ 424,033.31
\$ 214,634.15
\$ 0.00

REGRESAR

## 2. Otra persona solicita un prstamo de \$ 25.000.000,00 el da 27 de abril de 2015 y debe

27 de abril de 2018. cul es el inters efectivo mensual, para este prstamo?
valor prestamo
valor cuota
n
interes EM

n
0
1
2
3
4
5
6
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8
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10
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26
27
28
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34

\$ 25,000,000.00
\$
1,200,000.00
36
3.32%

fecha
4/27/2015
5/27/2015
6/27/2015
7/27/2015
8/27/2015
9/27/2015
10/27/2015
11/27/2015
12/27/2015
1/27/2016
2/27/2016
3/27/2016
4/27/2016
5/27/2016
6/27/2016
7/27/2016
8/27/2016
9/27/2016
10/27/2016
11/27/2016
12/27/2016
1/27/2017
2/27/2017
3/27/2017
4/27/2017
5/27/2017
6/27/2017
7/27/2017
8/27/2017
9/27/2017
10/27/2017
11/27/2017
12/27/2017
1/27/2018
2/27/2018

Saldo anterior
\$ 0.00
\$ 25,000,000.00
\$ 24,629,398.77
\$ 24,246,502.49
\$ 23,850,903.26
\$ 23,442,179.65
\$ 23,019,896.24
\$ 22,583,603.19
\$ 22,132,835.69
\$ 21,667,113.56
\$ 21,185,940.65
\$ 20,688,804.37
\$ 20,175,175.13
\$ 19,644,505.74
\$ 19,096,230.90
\$ 18,529,766.51
\$ 17,944,509.13
\$ 17,339,835.28
\$ 16,715,100.80
\$ 16,069,640.16
\$ 15,402,765.75
\$ 14,713,767.15
\$ 14,001,910.36
\$ 13,266,437.05
\$ 12,506,563.71
\$ 11,721,480.85
\$ 10,910,352.12
\$ 10,072,313.43
\$ 9,206,472.00
\$ 8,311,905.46
\$ 7,387,660.83
\$ 6,432,753.50
\$ 5,446,166.21
\$ 4,426,847.95
\$ 3,373,712.84

Intereses
\$ 0.00
\$ 829,398.77
\$ 817,103.72
\$ 804,400.77
\$ 791,276.39
\$ 777,716.60
\$ 763,706.94
\$ 749,232.51
\$ 734,277.87
\$ 718,827.09
\$ 702,863.72
\$ 686,370.75
\$ 669,330.62
\$ 651,725.15
\$ 633,535.61
\$ 614,742.62
\$ 595,326.15
\$ 575,265.52
\$ 554,539.36
\$ 533,125.59
\$ 511,001.40
\$ 488,143.21
\$ 464,526.69
\$ 440,126.66
\$ 414,917.14
\$ 388,871.27
\$ 361,961.30
\$ 334,158.57
\$ 305,433.46
\$ 275,755.37
\$ 245,092.67
\$ 213,412.71
\$ 180,681.74
\$ 146,864.89
\$ 111,926.13

35
36

3/27/2018
4/27/2018

\$ 2,285,638.97
\$ 1,161,467.22

\$ 75,828.25
\$ 38,532.78

## l da 27 de abril de 2015 y debe efectuar pagos mensuales de \$ 1.200.000,00, desde el 27 de mayo

para este prstamo?

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

Cuota
\$ 0.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00
1,200,000.00

Saldo actual
\$ 25,000,000.00
\$ 24,629,398.77
\$ 24,246,502.49
\$ 23,850,903.26
\$ 23,442,179.65
\$ 23,019,896.24
\$ 22,583,603.19
\$ 22,132,835.69
\$ 21,667,113.56
\$ 21,185,940.65
\$ 20,688,804.37
\$ 20,175,175.13
\$ 19,644,505.74
\$ 19,096,230.90
\$ 18,529,766.51
\$ 17,944,509.13
\$ 17,339,835.28
\$ 16,715,100.80
\$ 16,069,640.16
\$ 15,402,765.75
\$ 14,713,767.15
\$ 14,001,910.36
\$ 13,266,437.05
\$ 12,506,563.71
\$ 11,721,480.85
\$ 10,910,352.12
\$ 10,072,313.43
\$ 9,206,472.00
\$ 8,311,905.46
\$ 7,387,660.83
\$ 6,432,753.50
\$ 5,446,166.21
\$ 4,426,847.95
\$ 3,373,712.84
\$ 2,285,638.97

REGRESAR

\$ 1,200,000.00
\$ 1,200,000.00

\$ 1,161,467.22
\$ 0.00

## 00,00, desde el 27 de mayo de 2015, hasta el

REGRESAR

3. Cuntos depsitos mensuales de \$ 750.000,00 cada uno sern necesarios para acumula
valor cuota
valor futuro
interes EA
interes EM
n
n
0
1
2
3
4
5
6
7
8
9
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24

\$
750,000.00
\$ 15,000,000.00
5.0%
0.4074%
19.5
fecha
4/27/2015
5/27/2015
6/27/2015
7/27/2015
8/27/2015
9/27/2015
10/27/2015
11/27/2015
12/27/2015
1/27/2016
2/27/2016
3/27/2016
4/27/2016
5/27/2016
6/27/2016
7/27/2016
8/27/2016
9/27/2016
10/27/2016
11/27/2016
12/27/2016
1/27/2017
2/27/2017
3/27/2017
4/27/2017

Saldo anterior
\$ 0.00
\$ 0.00
\$ 750,000.00
\$ 1,503,055.59
\$ 2,259,179.23
\$ 3,018,383.40
\$ 3,780,680.67
\$ 4,546,083.63
\$ 5,314,604.94
\$ 6,086,257.30
\$ 6,861,053.46
\$ 7,639,006.24
\$ 8,420,128.50
\$ 9,204,433.15
\$ 9,991,933.15
\$ 10,782,641.52
\$ 11,576,571.34
\$ 12,373,735.72
\$ 13,174,147.85
\$ 13,977,820.96
\$ 14,784,768.33
\$ 15,595,003.31
\$ 16,408,539.28
\$ 17,225,389.70
\$ 18,045,568.07

Intereses
\$ 0.00
\$ 0.00
\$ 3,055.59
\$ 6,123.63
\$ 9,204.18
\$ 12,297.27
\$ 15,402.96
\$ 18,521.31
\$ 21,652.36
\$ 24,796.17
\$ 27,952.78
\$ 31,122.26
\$ 34,304.65
\$ 37,500.00
\$ 40,708.37
\$ 43,929.82
\$ 47,164.38
\$ 50,412.13
\$ 53,673.11
\$ 56,947.37
\$ 60,234.98
\$ 63,535.97
\$ 66,850.42
\$ 70,178.37
\$ 73,519.88

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

Cuota
\$ 0.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00
750,000.00

n necesarios para acumular \$ 15.000.000,00 si la tasa de inters es del 5,0% efectivo anual?

Saldo actual
\$ 0.00
\$ 750,000.00
\$ 1,503,055.59
\$ 2,259,179.23
\$ 3,018,383.40
\$ 3,780,680.67
\$ 4,546,083.63
\$ 5,314,604.94
\$ 6,086,257.30
\$ 6,861,053.46
\$ 7,639,006.24
\$ 8,420,128.50
\$ 9,204,433.15
\$ 9,991,933.15
\$ 10,782,641.52
\$ 11,576,571.34
\$ 12,373,735.72
\$ 13,174,147.85
\$ 13,977,820.96
\$ 14,784,768.33
\$ 15,595,003.31
\$ 16,408,539.28
\$ 17,225,389.70
\$ 18,045,568.07
\$ 18,869,087.95

REGRESAR

tivo anual?

## 4. Una mquina tiene un precio de contado de \$ 150000.000,00. Una empresa la adquiere

mensuales de \$ 4500.000,00 Qu tasa nominal capitalizable mensualmente se est cobra
valor maquina
cuota inicial 40%
valor presente
n
valor cuota
interes EM
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
30
31
32
33

\$ 150,000,000.00
\$
60,000,000.00
\$
90,000,000.00
36
\$
4,500,000.00
3.60%
fecha
4/27/2015
5/27/2015
6/27/2015
7/27/2015
8/27/2015
9/27/2015
10/27/2015
11/27/2015
12/27/2015
1/27/2016
2/27/2016
3/27/2016
4/27/2016
5/27/2016
6/27/2016
7/27/2016
8/27/2016
9/27/2016
10/27/2016
11/27/2016
12/27/2016
1/27/2017
2/27/2017
3/27/2017
4/27/2017
5/27/2017
6/27/2017
7/27/2017
8/27/2017
9/27/2017
10/27/2017
11/27/2017
12/27/2017
1/27/2018

Saldo anterior
\$ 0.00
\$ 90,000,000.00
\$ 88,740,616.81
\$ 87,435,887.20
\$ 86,084,178.37
\$ 84,683,798.77
\$ 83,232,995.90
\$ 81,729,954.19
\$ 80,172,792.67
\$ 78,559,562.67
\$ 76,888,245.33
\$ 75,156,749.11
\$ 73,362,907.16
\$ 71,504,474.61
\$ 69,579,125.75
\$ 67,584,451.14
\$ 65,517,954.56
\$ 63,377,049.95
\$ 61,159,058.10
\$ 58,861,203.35
\$ 56,480,610.07
\$ 54,014,299.12
\$ 51,459,184.07
\$ 48,812,067.37
\$ 46,069,636.33
\$ 43,228,458.97
\$ 40,284,979.76
\$ 37,235,515.12
\$ 34,076,248.86
\$ 30,803,227.36
\$ 27,412,354.65
\$ 23,899,387.29
\$ 20,259,929.02
\$ 16,489,425.32

Intereses
\$ 0.00
\$ 3,240,616.81
\$ 3,195,270.39
\$ 3,148,291.18
\$ 3,099,620.40
\$ 3,049,197.13
\$ 2,996,958.29
\$ 2,942,838.48
\$ 2,886,770.00
\$ 2,828,682.66
\$ 2,768,503.78
\$ 2,706,158.05
\$ 2,641,567.45
\$ 2,574,651.14
\$ 2,505,325.38
\$ 2,433,503.43
\$ 2,359,095.39
\$ 2,282,008.15
\$ 2,202,145.24
\$ 2,119,406.72
\$ 2,033,689.05
\$ 1,944,884.95
\$ 1,852,883.30
\$ 1,757,568.96
\$ 1,658,822.64
\$ 1,556,520.79
\$ 1,450,535.36
\$ 1,340,733.74
\$ 1,226,978.50
\$ 1,109,127.29
\$ 987,032.64
\$ 860,541.74
\$ 729,496.30
\$ 593,732.32

34
35
36

2/27/2018
3/27/2018
4/27/2018

\$ 12,583,157.64
\$ 8,536,237.55
\$ 4,343,600.61

\$ 453,079.91
\$ 307,363.05
\$ 156,399.39

00. Una empresa la adquiere mediante un pago inicial del 40% sobre este valor de la mquina, y el
mensualmente se est cobrando?

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

Cuota
\$ 0.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00
4,500,000.00

Saldo actual
\$ 90,000,000.00
\$ 88,740,616.81
\$ 87,435,887.20
\$ 86,084,178.37
\$ 84,683,798.77
\$ 83,232,995.90
\$ 81,729,954.19
\$ 80,172,792.67
\$ 78,559,562.67
\$ 76,888,245.33
\$ 75,156,749.11
\$ 73,362,907.16
\$ 71,504,474.61
\$ 69,579,125.75
\$ 67,584,451.14
\$ 65,517,954.56
\$ 63,377,049.95
\$ 61,159,058.10
\$ 58,861,203.35
\$ 56,480,610.07
\$ 54,014,299.12
\$ 51,459,184.07
\$ 48,812,067.37
\$ 46,069,636.33
\$ 43,228,458.97
\$ 40,284,979.76
\$ 37,235,515.12
\$ 34,076,248.86
\$ 30,803,227.36
\$ 27,412,354.65
\$ 23,899,387.29
\$ 20,259,929.02
\$ 16,489,425.32
\$ 12,583,157.64

REGRESAR

\$ 4,500,000.00
\$ 4,500,000.00
\$ 4,500,000.00

\$ 8,536,237.55
\$ 4,343,600.61
\$ 0.00

valor prestamo
interes EM
valor X
n
0
1
2
3
4
5
6
7
8
9
10
11
12

\$ 22,000,000.00
2.70%
\$
1,289,216.84
Saldo anterior
\$ 0.00
\$ 22,000,000.00
\$ 21,304,783.16
\$ 20,590,795.47
\$ 19,857,530.11
\$ 19,104,466.59
\$ 18,331,070.35
\$ 16,247,575.57
\$ 14,107,826.44
\$ 11,910,304.08
\$ 9,653,448.62
\$ 7,335,658.05
\$ 4,955,287.15

Intereses
\$ 0.00
\$ 594,000.00
\$ 575,229.15
\$ 555,951.48
\$ 536,153.31
\$ 515,820.60
\$ 494,938.90
\$ 438,684.54
\$ 380,911.31
\$ 321,578.21
\$ 260,643.11
\$ 198,062.77
\$ 133,792.75

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

Cuota
\$ 0.00
1,289,216.84
1,289,216.84
1,289,216.84
1,289,216.84
1,289,216.84
2,578,433.67
2,578,433.67
2,578,433.67
2,578,433.67
2,578,433.67
2,578,433.67
2,578,433.67

Saldo actual
\$ 22,000,000.00
\$ 21,304,783.16
\$ 20,590,795.47
\$ 19,857,530.11
\$ 19,104,466.59
\$ 18,331,070.35
\$ 16,247,575.57
\$ 14,107,826.44
\$ 11,910,304.08
\$ 9,653,448.62
\$ 7,335,658.05
\$ 4,955,287.15
\$ 2,510,646.23

13

\$ 2,510,646.23

\$ 67,787.45

\$ 2,578,433.67

\$ 0.00

REGRESAR

## 6. Una mquina tiene un precio de fbrica al contado de \$60.000.000,00, sin embargo, se p

* Opcin A, cuota inicial del 20% y 24 cuotas mensuales de \$2.500.000,00.
*Opcin B, cuota inicial del 30% y 12 cuotas mensuales de \$4.000.000,00.
Determinar la mejor opcin.
DATOS
valor maquina

\$ 60,000,000.00

OPCION A
cuota inicial 20%
valor presente
valor cuota
n
interes EM

\$ 12,000,000.00
\$ 48,000,000.00
\$
2,500,000.00
24
1.87%

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

Saldo anterior
\$ 0.00
\$ 48,000,000.00
\$ 46,396,600.95
\$ 44,763,251.72
\$ 43,099,392.85
\$ 41,404,454.45
\$ 39,677,855.98
\$ 37,919,006.05
\$ 36,127,302.24
\$ 34,302,130.86
\$ 32,442,866.76
\$ 30,548,873.12
\$ 28,619,501.22
\$ 26,654,090.22
\$ 24,651,966.95
\$ 22,612,445.64
\$ 20,534,827.73
\$ 18,418,401.61
\$ 16,262,442.36
\$ 14,066,211.56
\$ 11,828,956.95
\$ 9,549,912.24
\$ 7,228,296.84
\$ 4,863,315.54
\$ 2,454,158.32

Intereses
\$ 0.00
\$ 896,600.95
\$ 866,650.76
\$ 836,141.13
\$ 805,061.60
\$ 773,401.53
\$ 741,150.07
\$ 708,296.19
\$ 674,828.62
\$ 640,735.90
\$ 606,006.36
\$ 570,628.10
\$ 534,589.00
\$ 497,876.72
\$ 460,478.69
\$ 422,382.09
\$ 383,573.88
\$ 344,040.76
\$ 303,769.19
\$ 262,745.39
\$ 220,955.29
\$ 178,384.59
\$ 135,018.71
\$ 90,842.78
\$ 45,841.68

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

Cuota
\$ 0.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00
2,500,000.00

\$60.000.000,00, sin embargo, se puede comprar a crdito segn los siguientes opciones:
de \$2.500.000,00.
de \$4.000.000,00.

OPCION B
cuota inicial 3 \$
valor presente \$
valor cuota
\$
n
interes EM

Saldo actual
\$ 48,000,000.00
\$ 46,396,600.95
\$ 44,763,251.72
\$ 43,099,392.85
\$ 41,404,454.45
\$ 39,677,855.98
\$ 37,919,006.05
\$ 36,127,302.24
\$ 34,302,130.86
\$ 32,442,866.76
\$ 30,548,873.12
\$ 28,619,501.22
\$ 26,654,090.22
\$ 24,651,966.95
\$ 22,612,445.64
\$ 20,534,827.73
\$ 18,418,401.61
\$ 16,262,442.36
\$ 14,066,211.56
\$ 11,828,956.95
\$ 9,549,912.24
\$ 7,228,296.84
\$ 4,863,315.54
\$ 2,454,158.32
\$ 0.00

n
0
1
2
3
4
5
6
7
8
9
10
11
12

18,000,000.00
42,000,000.00
4,000,000.00
12
2.12%

Saldo anterior
\$ 0.00
\$ 42,000,000.00
\$ 38,888,976.73
\$ 35,712,105.20
\$ 32,467,991.64
\$ 29,155,212.81
\$ 25,772,315.33
\$ 22,317,815.06
\$ 18,790,196.45
\$ 15,187,911.86
\$ 11,509,380.91
\$ 7,752,989.77
\$ 3,917,090.42

opciones:

REGRESAR

Intereses
\$ 0.00
\$ 888,976.73
\$ 823,128.46
\$ 755,886.44
\$ 687,221.17
\$ 617,102.52
\$ 545,499.73
\$ 472,381.39
\$ 397,715.42
\$ 321,469.05
\$ 243,608.85
\$ 164,100.66
\$ 82,909.58

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

Cuota
\$ 0.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00

Saldo actual
\$ 42,000,000.00
\$ 38,888,976.73
\$ 35,712,105.20
\$ 32,467,991.64
\$ 29,155,212.81
\$ 25,772,315.33
\$ 22,317,815.06
\$ 18,790,196.45
\$ 15,187,911.86
\$ 11,509,380.91
\$ 7,752,989.77
\$ 3,917,090.42
\$ 0.00

## 7. Determinar x en el siguiente diagrama de flujo de caja.

DATOS
valor prestamo
interes EA
interes ET
n
a=incremento
abono cuota 2
nvo prestamo cuota 4
X
nvo valor presente

n
0
1
2
3
4
5

\$ 20,000,000.00
35.5%
7.89%
12
\$
500,000.00 *
\$
6,000,000.00 *
\$
5,000,000.00 *
\$
3,836,470.65

Saldo anterior
\$ 0.00
\$ 20,000,000.00
\$ 21,578,180.39
\$ 17,280,893.45
\$ 18,644,511.81
\$ 25,115,731.96

\$
\$
\$
\$
\$

Intereses
\$ 0.00
1,578,180.39
1,702,713.06
1,363,618.36
1,471,220.15
1,981,857.79

Cuota
\$ 0.00
\$ 0.00
\$ 6,000,000.00
\$ 0.00
\$ 5,000,000.00
\$ 0.00

6
7
8
9
10
11
12

\$
\$
\$
\$
\$
\$

27,097,589.75
25,399,363.34
23,067,131.56
20,050,865.64
16,296,589.15
11,746,066.37
\$ 6,336,466.30

\$
\$
\$
\$
\$

2,138,244.24
2,004,238.86
1,820,204.74
1,582,194.15
1,285,947.87
\$ 926,870.58
\$ 500,004.34

\$
\$
\$
\$
\$
\$
\$

3,836,470.65
4,336,470.65
4,836,470.65
5,336,470.65
5,836,470.65
6,336,470.65
6,836,470.65

REGRESAR

Saldo actual
\$ 20,000,000.00
\$ 21,578,180.39
\$ 17,280,893.45
\$ 18,644,511.81
\$ 25,115,731.96
\$ 27,097,589.75

\$
\$
\$
\$
\$

25,399,363.34
23,067,131.56
20,050,865.64
16,296,589.15
11,746,066.37
\$ 6,336,466.30
\$ 0.00

REGRESAR

8. Una oficina se arrienda mediante un contrato que fija pagos de \$2.200.000,00 mensuale
inters es del 4,5% efectivo anual; Cul ser el pago nico al inicio del contrato que cubre
Datos:
cuota
\$
2,200,000.00
n
12
Interes EA
4.50%
Interes EM
0.37%
Valor presente
\$ 27,877,624.64
n
0
1
2
3
4
5
6
7
8
9
10
11
12

Saldo anterior
Intereses
Cuota
\$ 27,877,624.64 \$ 102,444.96 \$ 2,200,000.00
\$ 25,780,069.60 \$ 94,736.84 \$ 2,200,000.00
\$ 23,674,806.44 \$ 87,000.40 \$ 2,200,000.00
\$ 21,561,806.84 \$ 79,235.53 \$ 2,200,000.00
\$ 19,441,042.37 \$ 71,442.13 \$ 2,200,000.00
\$ 17,312,484.50 \$ 63,620.08 \$ 2,200,000.00
\$ 15,176,104.58 \$ 55,769.29 \$ 2,200,000.00
\$ 13,031,873.87 \$ 47,889.65 \$ 2,200,000.00
\$ 10,879,763.52 \$ 39,981.06 \$ 2,200,000.00
\$ 8,719,744.58 \$ 32,043.40 \$ 2,200,000.00
\$ 6,551,787.98 \$ 24,076.57 \$ 2,200,000.00
\$ 4,375,864.55 \$ 16,080.47 \$ 2,200,000.00
\$ 2,191,945.02
\$ 8,054.98 \$ 2,200,000.00

Saldo actual
\$ 25,780,069.60
\$ 23,674,806.44
\$ 21,561,806.84
\$ 19,441,042.37
\$ 17,312,484.50
\$ 15,176,104.58
\$ 13,031,873.87
\$ 10,879,763.52
\$ 8,719,744.58
\$ 6,551,787.98
\$ 4,375,864.55
\$ 2,191,945.02
\$ 0.00

## 00.000,00 mensuales al principio de cada mes, durante un ao. Si el

l contrato que cubre todo el arriendo de todo el ao?

REGRESAR

9. El primero de enero, Mara arrienda una casa en \$1.400.000,00 que se deben pagar por
que le paga el 7,6% EA. Cul ser el monto de los ahorros de Mara al finalizar el ao?
Datos:
cuota:
Interes EA
Interes EM

n
0
1
2
3
4
5
6
7
8
9
10
11
12

\$ 1,400,000.00
7.6%
0.61%

Fecha
1/1/2015
2/1/2015
3/1/2015
4/1/2015
5/1/2015
6/1/2015
7/1/2015
8/1/2015
9/1/2015
10/1/2015
11/1/2015
12/1/2015
1/1/2016

Saldo anterior
\$ 0.00
\$ 1,400,000.00
\$ 2,800,000.00
\$ 4,200,000.00
\$ 5,600,000.00
\$ 7,000,000.00
\$ 8,400,000.00
\$ 9,800,000.00
\$ 11,200,000.00
\$ 12,600,000.00
\$ 14,000,000.00
\$ 15,400,000.00
\$ 16,800,000.00

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

Arriendo
1,400,000.00
1,400,000.00
1,400,000.00
1,400,000.00
1,400,000.00
1,400,000.00
1,400,000.00
1,400,000.00
1,400,000.00
1,400,000.00
1,400,000.00
1,400,000.00
1,400,000.00

que se deben pagar por mes anticipado. Tan pronto recibe el arriendo lo invierte en un fondo
a al finalizar el ao?

Saldo arriendo
Interes fondo
Ahorros
\$ 1,400,000.00
\$ 8,572.02
\$ 1,408,572.02
\$ 2,800,000.00
\$ 17,144.05
\$ 2,817,144.05
\$ 4,200,000.00
\$ 25,716.07
\$ 4,225,716.07
\$ 5,600,000.00
\$ 34,288.09
\$ 5,634,288.09
\$ 7,000,000.00
\$ 42,860.12
\$ 7,042,860.12
\$ 8,400,000.00
\$ 51,432.14
\$ 8,451,432.14
\$ 9,800,000.00
\$ 60,004.16
\$ 9,860,004.16
\$ 11,200,000.00
\$ 68,576.19 \$ 11,268,576.19
\$ 12,600,000.00
\$ 77,148.21 \$ 12,677,148.21
\$ 14,000,000.00
\$ 85,720.23 \$ 14,085,720.23
\$ 15,400,000.00
\$ 94,292.26 \$ 15,494,292.26
\$ 16,800,000.00
\$ 102,864.28 \$ 16,902,864.28
\$ 18,200,000.00
\$ 111,436.30 \$ 18,311,436.30
\$ 127,400,000.00 \$ 780,054.12 \$ 128,180,054.12

vierte en un fondo

REGRESAR

10. Pedro Prez se afilia a un fondo de pensiones voluntarias, y para ello decide realizar inicialmente u
mes durante los prximos 8 aos, si el fondo reconoce un inters del 8,0 % EA, determinar la pensin
vida.
Datos:
Cuota 1
\$
400,000.00
Incremento mensual
\$
20,000.00
n
96
Interes EA
8%
Interes EM
0.64%

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

Saldo anterior
\$ 0.00
\$ 400,000.00
\$ 822,573.61
\$ 1,267,866.08
\$ 1,736,023.56
\$ 2,227,193.19
\$ 2,741,523.02
\$ 3,279,162.06
\$ 3,840,260.29
\$ 4,424,968.64
\$ 5,033,439.02
\$ 5,665,824.32
\$ 6,322,278.40
\$ 7,002,956.13
\$ 7,708,013.36
\$ 8,437,606.95
\$ 9,191,894.77
\$ 9,971,035.70
\$ 10,775,189.64
\$ 11,604,517.54
\$ 12,459,181.35
\$ 13,339,344.10
\$ 14,245,169.84
\$ 15,176,823.69
\$ 16,134,471.83
\$ 17,118,281.51
\$ 18,128,421.05
\$ 19,165,059.86
\$ 20,228,368.43

Intereses
\$ 0.00
\$ 2,573.61
\$ 5,292.46
\$ 8,157.49
\$ 11,169.63
\$ 14,329.83
\$ 17,639.04
\$ 21,098.23
\$ 24,708.35
\$ 28,470.38
\$ 32,385.30
\$ 36,454.08
\$ 40,677.73
\$ 45,057.23
\$ 49,593.59
\$ 54,287.82
\$ 59,140.93
\$ 64,153.94
\$ 69,327.89
\$ 74,663.82
\$ 80,162.75
\$ 85,825.74
\$ 91,653.85
\$ 97,648.14
\$ 103,809.68
\$ 110,139.54
\$ 116,638.81
\$ 123,308.57
\$ 130,149.93

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

Cuota
400,000.00
420,000.00
440,000.00
460,000.00
480,000.00
500,000.00
520,000.00
540,000.00
560,000.00
580,000.00
600,000.00
620,000.00
640,000.00
660,000.00
680,000.00
700,000.00
720,000.00
740,000.00
760,000.00
780,000.00
800,000.00
820,000.00
840,000.00
860,000.00
880,000.00
900,000.00
920,000.00
940,000.00
960,000.00

29
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

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

21,318,518.36
22,435,682.35
23,580,034.21
24,751,748.86
25,951,002.35
27,177,971.88
28,432,835.77
29,715,773.49
31,026,965.68
32,366,594.11
33,734,841.75
35,131,892.74
36,557,932.39
38,013,147.23
39,497,724.96
41,011,854.52
42,555,726.02
44,129,530.84
45,733,461.57
47,367,712.04
49,032,477.33
50,727,953.76
52,454,338.95
54,211,831.74
56,000,632.30
57,820,942.05
59,672,963.74
61,556,901.38
63,472,960.34
65,421,347.28
67,402,270.20
69,415,938.43
71,462,562.67
73,542,354.95
75,655,528.68
77,802,298.63
79,982,880.96
82,197,493.22
84,446,354.37
86,729,684.75
89,047,706.16
91,400,641.78
93,788,716.26
96,212,155.69
98,671,187.59

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

137,163.99
144,351.86
151,714.65
159,253.50
166,969.53
174,863.89
182,937.72
191,192.18
199,628.43
208,247.64
217,050.99
226,039.66
235,214.84
244,577.73
254,129.55
263,871.51
273,804.82
283,930.73
294,250.47
304,765.29
315,476.44
326,385.18
337,492.80
348,800.56
360,309.75
372,021.68
383,937.65
396,058.96
408,386.94
420,922.92
433,668.24
446,624.24
459,792.28
473,173.73
486,769.95
500,582.33
514,612.26
528,861.15
543,330.39
558,021.40
572,935.62
588,074.48
603,439.42
619,031.91
634,853.39

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

\$ 980,000.00
1,000,000.00
1,020,000.00
1,040,000.00
1,060,000.00
1,080,000.00
1,100,000.00
1,120,000.00
1,140,000.00
1,160,000.00
1,180,000.00
1,200,000.00
1,220,000.00
1,240,000.00
1,260,000.00
1,280,000.00
1,300,000.00
1,320,000.00
1,340,000.00
1,360,000.00
1,380,000.00
1,400,000.00
1,420,000.00
1,440,000.00
1,460,000.00
1,480,000.00
1,500,000.00
1,520,000.00
1,540,000.00
1,560,000.00
1,580,000.00
1,600,000.00
1,620,000.00
1,640,000.00
1,660,000.00
1,680,000.00
1,700,000.00
1,720,000.00
1,740,000.00
1,760,000.00
1,780,000.00
1,800,000.00
1,820,000.00
1,840,000.00
1,860,000.00

74
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

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

101,166,040.98
103,696,946.34
106,264,135.61
108,867,842.26
111,508,301.24
114,185,749.00
116,900,423.55
119,652,564.40
122,442,412.60
125,270,210.77
128,136,203.08
131,040,635.26
133,983,754.66
136,965,810.17
139,987,052.32
143,047,733.23
146,148,106.65
149,288,427.97
152,468,954.21
155,689,944.05
158,951,657.84
162,254,357.59
165,598,307.01
168,983,771.51
168,983,771.51
168,983,771.51
168,983,771.51
168,983,771.51
168,983,771.51
168,983,771.51
168,983,771.51
168,983,771.51
168,983,771.51
168,983,771.51
168,983,771.51

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

\$ 650,905.35
\$ 667,189.28
\$ 683,706.65
\$ 700,458.98
\$ 717,447.77
\$ 734,674.55
\$ 752,140.85
\$ 769,848.20
\$ 787,798.17
\$ 805,992.31
\$ 824,432.19
\$ 843,119.39
\$ 862,055.51
\$ 881,242.15
\$ 900,680.91
\$ 920,373.42
\$ 940,321.32
\$ 960,526.24
\$ 980,989.84
1,001,713.79
1,022,699.75
1,043,949.42
1,065,464.49
1,087,246.67
1,087,246.67
1,087,246.67
1,087,246.67
1,087,246.67
1,087,246.67
1,087,246.67
1,087,246.67
1,087,246.67
1,087,246.67
1,087,246.67
1,087,246.67

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

1,880,000.00
1,900,000.00
1,920,000.00
1,940,000.00
1,960,000.00
1,980,000.00
2,000,000.00
2,020,000.00
2,040,000.00
2,060,000.00
2,080,000.00
2,100,000.00
2,120,000.00
2,140,000.00
2,160,000.00
2,180,000.00
2,200,000.00
2,220,000.00
2,240,000.00
2,260,000.00
2,280,000.00
2,300,000.00
2,320,000.00

a ello decide realizar inicialmente un pago de \$ 400.000,00, el cual se incrementa en \$20.000,00 cada
el 8,0 % EA, determinar la pensin que recibir Pedro Prez a partir del noveno ao, para el resto de su

Saldo actual
\$ 400,000.00
\$ 822,573.61
\$ 1,267,866.08
\$ 1,736,023.56
\$ 2,227,193.19
\$ 2,741,523.02
\$ 3,279,162.06
\$ 3,840,260.29
\$ 4,424,968.64
\$ 5,033,439.02
\$ 5,665,824.32
\$ 6,322,278.40
\$ 7,002,956.13
\$ 7,708,013.36
\$ 8,437,606.95
\$ 9,191,894.77
\$ 9,971,035.70
\$ 10,775,189.64
\$ 11,604,517.54
\$ 12,459,181.35
\$ 13,339,344.10
\$ 14,245,169.84
\$ 15,176,823.69
\$ 16,134,471.83
\$ 17,118,281.51
\$ 18,128,421.05
\$ 19,165,059.86
\$ 20,228,368.43
\$ 21,318,518.36

REGRESAR

\$ 22,435,682.35
\$ 23,580,034.21
\$ 24,751,748.86
\$ 25,951,002.35
\$ 27,177,971.88
\$ 28,432,835.77
\$ 29,715,773.49
\$ 31,026,965.68
\$ 32,366,594.11
\$ 33,734,841.75
\$ 35,131,892.74
\$ 36,557,932.39
\$ 38,013,147.23
\$ 39,497,724.96
\$ 41,011,854.52
\$ 42,555,726.02
\$ 44,129,530.84
\$ 45,733,461.57
\$ 47,367,712.04
\$ 49,032,477.33
\$ 50,727,953.76
\$ 52,454,338.95
\$ 54,211,831.74
\$ 56,000,632.30
\$ 57,820,942.05
\$ 59,672,963.74
\$ 61,556,901.38
\$ 63,472,960.34
\$ 65,421,347.28
\$ 67,402,270.20
\$ 69,415,938.43
\$ 71,462,562.67
\$ 73,542,354.95
\$ 75,655,528.68
\$ 77,802,298.63
\$ 79,982,880.96
\$ 82,197,493.22
\$ 84,446,354.37
\$ 86,729,684.75
\$ 89,047,706.16
\$ 91,400,641.78
\$ 93,788,716.26
\$ 96,212,155.69
\$ 98,671,187.59
\$ 101,166,040.98

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

103,696,946.34
106,264,135.61
108,867,842.26
111,508,301.24
114,185,749.00
116,900,423.55
119,652,564.40
122,442,412.60
125,270,210.77
128,136,203.08
131,040,635.26
133,983,754.66
136,965,810.17
139,987,052.32
143,047,733.23
146,148,106.65
149,288,427.97
152,468,954.21
155,689,944.05
158,951,657.84
162,254,357.59
165,598,307.01
168,983,771.51 Pension
168,983,771.51 \$ 1,087,246.67
168,983,771.51 \$ 1,087,246.67
168,983,771.51 \$ 1,087,246.67
168,983,771.51 \$ 1,087,246.67
168,983,771.51 \$ 1,087,246.67
168,983,771.51 \$ 1,087,246.67
168,983,771.51 \$ 1,087,246.67
168,983,771.51 \$ 1,087,246.67
168,983,771.51 \$ 1,087,246.67
168,983,771.51 \$ 1,087,246.67
168,983,771.51 \$ 1,087,246.67
168,983,771.51 \$ 1,087,246.67

ao, para el resto de su

REGRESAR

11. En la siguiente tabla de pagos mensuales con un inters del 22,5% EA, calcular el va
DATOS
incremento mensual
\$
20,000.00
interes EA
22.50%
interes EM
1.71%
valor presente
\$
valor futuro
\$ 5,355,660.44

n
0
1
2
3
4
5
6
7
8
9
10
11
12

Saldo anterior
\$ 0.00
\$ 0.00
\$ 300,000.00
\$ 625,116.66
\$ 975,778.37
\$ 1,352,420.81
\$ 1,755,487.09
\$ 2,185,427.89
\$ 2,642,701.56
\$ 3,127,774.29
\$ 3,641,120.20
\$ 4,183,221.51
\$ 4,754,568.65

Intereses
\$ 0.00
\$ 0.00
\$ 5,116.66
\$ 10,661.71
\$ 16,642.44
\$ 23,066.28
\$ 29,940.80
\$ 37,273.67
\$ 45,072.73
\$ 53,345.91
\$ 62,101.31
\$ 71,347.14
\$ 81,091.78

\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$
\$

Cuota
\$ 0.00
300,000.00
320,000.00
340,000.00
360,000.00
380,000.00
400,000.00
420,000.00
440,000.00
460,000.00
480,000.00
500,000.00
520,000.00

rs del 22,5% EA, calcular el valor presente y el valor futuro, asumiendo pagos vencidos.

Saldo actual
\$ 0.00
\$ 300,000.00
\$ 625,116.66
\$ 975,778.37
\$ 1,352,420.81
\$ 1,755,487.09
\$ 2,185,427.89
\$ 2,642,701.56
\$ 3,127,774.29
\$ 3,641,120.20
\$ 4,183,221.51
\$ 4,754,568.65
\$ 5,355,660.44

REGRESAR

## endo pagos vencidos.

12. En la siguiente tabla de cuotas peridicas con un inters del 15,0% EA, calcular el valo

Datos
interes EA
interesEM
n
valor presente

n
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21

15.00%
1.1715%
24
5,519,606.55

Saldo anterior
\$ 0.00
\$ 5,519,606.55
\$ 5,384,268.28
\$ 5,237,344.54
\$ 5,078,199.59
\$ 4,906,165.28
\$ 4,720,539.35
\$ 4,520,583.76
\$ 4,305,522.90
\$ 4,074,541.66
\$ 3,826,783.49
\$ 3,561,348.30
\$ 3,277,290.27
\$ 2,973,615.58
\$ 2,666,383.37
\$ 2,371,840.90
\$ 2,089,361.18
\$ 1,818,346.78
\$ 1,558,228.48
\$ 1,308,463.87
\$ 1,068,536.11
\$ 837,952.67

Intereses
\$ 0.00
\$ 64,661.73
\$ 63,076.26
\$ 61,355.06
\$ 59,490.69
\$ 57,475.32
\$ 55,300.73
\$ 52,958.26
\$ 50,438.84
\$ 47,732.92
\$ 44,830.45
\$ 41,720.90
\$ 38,393.18
\$ 34,835.66
\$ 31,236.46
\$ 27,785.92
\$ 24,476.69
\$ 21,301.78
\$ 18,254.52
\$ 15,328.55
\$ 12,517.81
\$ 9,816.55

Cuota
0.00
200,000.00
210,000.00
220,500.00
231,525.00
243,101.25
255,256.31
268,019.13
281,420.08
295,491.09
310,265.64
325,778.93
342,067.87
342,067.87
325,778.93
310,265.64
295,491.09
281,420.08
268,019.13
255,256.31
243,101.25
231,525.00

22
23
24

\$ 616,244.21
\$ 402,963.46
\$ 197,684.15

\$ 7,219.25
\$ 4,720.68
\$ 2,315.85

220,500.00
210,000.00
200,000.00

s del 15,0% EA, calcular el valor presente y el valor futuro. Asumir cuota periodo vencido.

0.00

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
50,000.00
100,000.00
150,000.00
200,000.00
250,000.00
300,000.00
350,000.00
400,000.00

Saldo actual
\$ 5,519,606.55
\$ 5,384,268.28
\$ 5,237,344.54
\$ 5,078,199.59
\$ 4,906,165.28
\$ 4,720,539.35
\$ 4,520,583.76
\$ 4,305,522.90
\$ 4,074,541.66
\$ 3,826,783.49
\$ 3,561,348.30
\$ 3,277,290.27
\$ 2,973,615.58
\$ 2,666,383.37
\$ 2,371,840.90
\$ 2,089,361.18
\$ 1,818,346.78
\$ 1,558,228.48
\$ 1,308,463.87
\$ 1,068,536.11
\$ 837,952.67
\$ 616,244.21

REGRESAR

\$ 402,963.46
\$ 197,684.15
\$ 0.00

eriodo vencido.

6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

Column D

## 13. El sbado 18 de abril de 2015, Pepito Prez solicita un prstamo de \$10.000.000,00. La

Determinar el inters mensual que le cobra la entidad financiera a Pepito Prez.
DATOS
vrl prestamo
\$
10,000,000.00
n
8
g
\$
200,000.00
k
\$
1,000,000.00
interes EM
6.39%
#CUOTA
0
1
2
3
4
5
6
7
8

FECHA
lunes, 18 de mayo
jueves, 18 de junio
martes, 18 de agosto
viernes, 18 de septiembre
domingo, 18 de octubre
mircoles, 18 de noviembre
viernes, 18 de diciembre

de
de
de
de
de
de
de
de
de

2015
2015
2015
2015
2015
2015
2015
2015
2015

saldo anterior
\$ 0.00
\$ 10,000,000.00
\$ 9,638,899.08
\$ 9,054,727.46
\$ 8,233,233.17
\$ 7,159,253.68
\$ 5,816,657.74
\$ 4,188,283.47
\$ 2,255,872.51

Pepito Prez.

interes
\$
\$
\$
\$
\$
\$
\$
\$

\$ 0.00
638,899.08
615,828.38
578,505.71
526,020.51
457,404.06
371,625.73
267,589.05
144,127.49

VLR CUOTA
\$ 0.00
\$ 1,000,000.00
\$ 1,200,000.00
\$ 1,400,000.00
\$ 1,600,000.00
\$ 1,800,000.00
\$ 2,000,000.00
\$ 2,200,000.00
\$ 2,400,000.00

saldo actual
\$ 10,000,000.00
\$ 9,638,899.08
\$ 9,054,727.46
\$ 8,233,233.17
\$ 7,159,253.68
\$ 5,816,657.74
\$ 4,188,283.47
\$ 2,255,872.51
\$ 0.00

012345678
\$ 0.00
1

-\$ 500,000.00
-\$ 1,000,000.00
-\$ 1,500,000.00
-\$ 2,000,000.00
-\$ 2,500,000.00
-\$ 3,000,000.00

REGRESAR

012345678

12345678