P= $ 20,000,000.

00
n= 10 años C1= $ 170,000.00 Valor arbitrario cuota No. 1
n= 120 meses
G= 2%
j= 24% NMV
i= 2% MV

No. Cuota Interés Amortización Saldo

0 0 0 0 $ 20,000,000.00
1 $ 170,000.00 $ 400,000.00 -$ 230,000.00 $ 20,230,000.00
2 $ 173,400.00 $ 404,600.00 -$ 231,200.00 $ 20,461,200.00
3 $ 176,868.00 $ 409,224.00 -$ 232,356.00 $ 20,693,556.00
4 $ 180,405.36 $ 413,871.12 -$ 233,465.76 $ 20,927,021.76
5 $ 184,013.47 $ 418,540.44 -$ 234,526.97 $ 21,161,548.73
6 $ 187,693.74 $ 423,230.97 -$ 235,537.24 $ 21,397,085.97
7 $ 191,447.61 $ 427,941.72 -$ 236,494.11 $ 21,633,580.07
8 $ 195,276.56 $ 432,671.60 -$ 237,395.04 $ 21,870,975.11
9 $ 199,182.09 $ 437,419.50 -$ 238,237.41 $ 22,109,212.52
10 $ 203,165.74 $ 442,184.25 -$ 239,018.51 $ 22,348,231.03
11 $ 207,229.05 $ 446,964.62 -$ 239,735.57 $ 22,587,966.60
12 $ 211,373.63 $ 451,759.33 -$ 240,385.70 $ 22,828,352.30
13 $ 215,601.11 $ 456,567.05 -$ 240,965.94 $ 23,069,318.24
14 $ 219,913.13 $ 461,386.36 -$ 241,473.24 $ 23,310,791.48
15 $ 224,311.39 $ 466,215.83 -$ 241,904.44 $ 23,552,695.92
16 $ 228,797.62 $ 471,053.92 -$ 242,256.30 $ 23,794,952.22
17 $ 233,373.57 $ 475,899.04 -$ 242,525.47 $ 24,037,477.70
18 $ 238,041.04 $ 480,749.55 -$ 242,708.51 $ 24,280,186.21
19 $ 242,801.86 $ 485,603.72 -$ 242,801.86 $ 24,522,988.07
20 $ 247,657.90 $ 490,459.76 -$ 242,801.86 $ 24,765,789.93
21 $ 252,611.06 $ 495,315.80 -$ 242,704.74 $ 25,008,494.67
22 $ 257,663.28 $ 500,169.89 -$ 242,506.62 $ 25,251,001.29
23 $ 262,816.54 $ 505,020.03 -$ 242,203.48 $ 25,493,204.77
24 $ 268,072.87 $ 509,864.10 -$ 241,791.22 $ 25,734,995.99
25 $ 273,434.33 $ 514,699.92 -$ 241,265.59 $ 25,976,261.58
26 $ 278,903.02 $ 519,525.23 -$ 240,622.21 $ 26,216,883.79
27 $ 284,481.08 $ 524,337.68 -$ 239,856.60 $ 26,456,740.39
28 $ 290,170.70 $ 529,134.81 -$ 238,964.11 $ 26,695,704.49
29 $ 295,974.12 $ 533,914.09 -$ 237,939.97 $ 26,933,644.47
30 $ 301,893.60 $ 538,672.89 -$ 236,779.29 $ 27,170,423.76
31 $ 307,931.47 $ 543,408.48 -$ 235,477.01 $ 27,405,900.77
32 $ 314,090.10 $ 548,118.02 -$ 234,027.92 $ 27,639,928.68
33 $ 320,371.90 $ 552,798.57 -$ 232,426.67 $ 27,872,355.36
34 $ 326,779.34 $ 557,447.11 -$ 230,667.77 $ 28,103,023.13
35 $ 333,314.93 $ 562,060.46 -$ 228,745.54 $ 28,331,768.66
36 $ 339,981.22 $ 566,635.37 -$ 226,654.15 $ 28,558,422.81
37 $ 346,780.85 $ 571,168.46 -$ 224,387.61 $ 28,782,810.42
38 $ 353,716.47 $ 575,656.21 -$ 221,939.74 $ 29,004,750.16
39 $ 360,790.79 $ 580,095.00 -$ 219,304.21 $ 29,224,054.37
40 $ 368,006.61 $ 584,481.09 -$ 216,474.48 $ 29,440,528.85
41 $ 375,366.74 $ 588,810.58 -$ 213,443.83 $ 29,653,972.68
42 $ 382,874.08 $ 593,079.45 -$ 210,205.38 $ 29,864,178.06
43 $ 390,531.56 $ 597,283.56 -$ 206,752.00 $ 30,070,930.06
44 $ 398,342.19 $ 601,418.60 -$ 203,076.41 $ 30,274,006.47
45 $ 406,309.03 $ 605,480.13 -$ 199,171.10 $ 30,473,177.57
46 $ 414,435.21 $ 609,463.55 -$ 195,028.34 $ 30,668,205.90
47 $ 422,723.92 $ 613,364.12 -$ 190,640.20 $ 30,858,846.10
48 $ 431,178.40 $ 617,176.92 -$ 185,998.52 $ 31,044,844.63
49 $ 439,801.97 $ 620,896.89 -$ 181,094.93 $ 31,225,939.55
50 $ 448,598.00 $ 624,518.79 -$ 175,920.79 $ 31,401,860.34
51 $ 457,569.96 $ 628,037.21 -$ 170,467.24 $ 31,572,327.58
52 $ 466,721.36 $ 631,446.55 -$ 164,725.19 $ 31,737,052.77
53 $ 476,055.79 $ 634,741.06 -$ 158,685.26 $ 31,895,738.03
54 $ 485,576.91 $ 637,914.76 -$ 152,337.85 $ 32,048,075.89
55 $ 495,288.45 $ 640,961.52 -$ 145,673.07 $ 32,193,748.96
56 $ 505,194.21 $ 643,874.98 -$ 138,680.76 $ 32,332,429.72
57 $ 515,298.10 $ 646,648.59 -$ 131,350.50 $ 32,463,780.22
58 $ 525,604.06 $ 649,275.60 -$ 123,671.54 $ 32,587,451.76
59 $ 536,116.14 $ 651,749.04 -$ 115,632.89 $ 32,703,084.66
60 $ 546,838.46 $ 654,061.69 -$ 107,223.23 $ 32,810,307.88
61 $ 557,775.23 $ 656,206.16 -$ 98,430.92 $ 32,908,738.81
62 $ 568,930.74 $ 658,174.78 -$ 89,244.04 $ 32,997,982.84
63 $ 580,309.35 $ 659,959.66 -$ 79,650.30 $ 33,077,633.15
64 $ 591,915.54 $ 661,552.66 -$ 69,637.12 $ 33,147,270.27
65 $ 603,753.85 $ 662,945.41 -$ 59,191.55 $ 33,206,461.82
66 $ 615,828.93 $ 664,129.24 -$ 48,300.31 $ 33,254,762.13
67 $ 628,145.51 $ 665,095.24 -$ 36,949.74 $ 33,291,711.87
68 $ 640,708.42 $ 665,834.24 -$ 25,125.82 $ 33,316,837.69
69 $ 653,522.59 $ 666,336.75 -$ 12,814.17 $ 33,329,651.86
70 $ 666,593.04 $ 666,593.04 $ 0.00 $ 33,329,651.86
71 $ 679,924.90 $ 666,593.04 $ 13,331.86 $ 33,316,320.00
72 $ 693,523.40 $ 666,326.40 $ 27,197.00 $ 33,289,123.00
73 $ 707,393.86 $ 665,782.46 $ 41,611.40 $ 33,247,511.60
74 $ 721,541.74 $ 664,950.23 $ 56,591.51 $ 33,190,920.09
75 $ 735,972.58 $ 663,818.40 $ 72,154.17 $ 33,118,765.91
 76 $ 750,692.03 $ 662,375.32 $ 88,316.71 $ 33,030,449.20
77 $ 765,705.87 $ 660,608.98 $ 105,096.88 $ 32,925,352.32
78 $ 781,019.99 $ 658,507.05 $ 122,512.94 $ 32,802,839.38
79 $ 796,640.38 $ 656,056.79 $ 140,583.60 $ 32,662,255.78
80 $ 812,573.19 $ 653,245.12 $ 159,328.08 $ 32,502,927.71
81 $ 828,824.66 $ 650,058.55 $ 178,766.10 $ 32,324,161.60
82 $ 845,401.15 $ 646,483.23 $ 198,917.92 $ 32,125,243.69
83 $ 862,309.17 $ 642,504.87 $ 219,804.30 $ 31,905,439.39
84 $ 879,555.36 $ 638,108.79 $ 241,446.57 $ 31,663,992.82
85 $ 897,146.46 $ 633,279.86 $ 263,866.61 $ 31,400,126.21
86 $ 915,089.39 $ 628,002.52 $ 287,086.87 $ 31,113,039.35
87 $ 933,391.18 $ 622,260.79 $ 311,130.39 $ 30,801,908.95
88 $ 952,059.00 $ 616,038.18 $ 336,020.82 $ 30,465,888.13
89 $ 971,100.18 $ 609,317.76 $ 361,782.42 $ 30,104,105.71
90 $ 990,522.19 $ 602,082.11 $ 388,440.07 $ 29,715,665.63
91 $ 1,010,332.63 $ 594,313.31 $ 416,019.32 $ 29,299,646.31
92 $ 1,030,539.28 $ 585,992.93 $ 444,546.36 $ 28,855,099.95
93 $ 1,051,150.07 $ 577,102.00 $ 474,048.07 $ 28,381,051.88
94 $ 1,072,173.07 $ 567,621.04 $ 504,552.03 $ 27,876,499.85
95 $ 1,093,616.53 $ 557,530.00 $ 536,086.54 $ 27,340,413.32
96 $ 1,115,488.86 $ 546,808.27 $ 568,680.60 $ 26,771,732.72
97 $ 1,137,798.64 $ 535,434.65 $ 602,363.99 $ 26,169,368.73
98 $ 1,160,554.61 $ 523,387.37 $ 637,167.24 $ 25,532,201.49
99 $ 1,183,765.71 $ 510,644.03 $ 673,121.68 $ 24,859,079.82
100 $ 1,207,441.02 $ 497,181.60 $ 710,259.42 $ 24,148,820.39
101 $ 1,231,589.84 $ 482,976.41 $ 748,613.43 $ 23,400,206.96
102 $ 1,256,221.64 $ 468,004.14 $ 788,217.50 $ 22,611,989.46
103 $ 1,281,346.07 $ 452,239.79 $ 829,106.28 $ 21,782,883.18
104 $ 1,306,972.99 $ 435,657.66 $ 871,315.33 $ 20,911,567.86
105 $ 1,333,112.45 $ 418,231.36 $ 914,881.09 $ 19,996,686.76
106 $ 1,359,774.70 $ 399,933.74 $ 959,840.96 $ 19,036,845.80
107 $ 1,386,970.19 $ 380,736.92 $ 1,006,233.28 $ 18,030,612.52
108 $ 1,414,709.60 $ 360,612.25 $ 1,054,097.35 $ 16,976,515.17
109 $ 1,443,003.79 $ 339,530.30 $ 1,103,473.49 $ 15,873,041.69
110 $ 1,471,863.87 $ 317,460.83 $ 1,154,403.03 $ 14,718,638.65
111 $ 1,501,301.14 $ 294,372.77 $ 1,206,928.37 $ 13,511,710.29
112 $ 1,531,327.17 $ 270,234.21 $ 1,261,092.96 $ 12,250,617.33
113 $ 1,561,953.71 $ 245,012.35 $ 1,316,941.36 $ 10,933,675.96
114 $ 1,593,192.78 $ 218,673.52 $ 1,374,519.26 $ 9,559,156.70
115 $ 1,625,056.64 $ 191,183.13 $ 1,433,873.50 $ 8,125,283.19
116 $ 1,657,557.77 $ 162,505.66 $ 1,495,052.11 $ 6,630,231.09
117 $ 1,690,708.93 $ 132,604.62 $ 1,558,104.31 $ 5,072,126.78
118 $ 1,724,523.11 $ 101,442.54 $ 1,623,080.57 $ 3,449,046.21
119 $ 1,759,013.57 $ 68,980.92 $ 1,690,032.64 $ 1,759,013.57
120 $ 1,794,193.84 $ 35,180.27 $ 1,759,013.57 $ 0.00
alor arbitrario cuota No. 1
P= $ 20,000,000.00
n= 6 años C1= $ 128,891.91 Valor arbitrario cuota No. 1
n= 72 meses
G= 3%
i= 1% MV

No. Cuota Interés Amortización Saldo

0 0 0 0 $ 20,000,000.00
1 $ 128,891.91 $ 200,000.00 -$ 71,108.09 $ 20,071,108.09
2 $ 132,758.67 $ 200,711.08 -$ 67,952.41 $ 20,139,060.51
3 $ 136,741.43 $ 201,390.61 -$ 64,649.18 $ 20,203,709.68
4 $ 140,843.67 $ 202,037.10 -$ 61,193.43 $ 20,264,903.11
5 $ 145,068.98 $ 202,649.03 -$ 57,580.05 $ 20,322,483.16
6 $ 149,421.05 $ 203,224.83 -$ 53,803.78 $ 20,376,286.95
7 $ 153,903.68 $ 203,762.87 -$ 49,859.19 $ 20,426,146.13
8 $ 158,520.79 $ 204,261.46 -$ 45,740.67 $ 20,471,886.81
9 $ 163,276.41 $ 204,718.87 -$ 41,442.45 $ 20,513,329.26
10 $ 168,174.71 $ 205,133.29 -$ 36,958.59 $ 20,550,287.84
11 $ 173,219.95 $ 205,502.88 -$ 32,282.93 $ 20,582,570.77
12 $ 178,416.55 $ 205,825.71 -$ 27,409.16 $ 20,609,979.94
13 $ 183,769.04 $ 206,099.80 -$ 22,330.76 $ 20,632,310.69
14 $ 189,282.11 $ 206,323.11 -$ 17,040.99 $ 20,649,351.69
15 $ 194,960.58 $ 206,493.52 -$ 11,532.94 $ 20,660,884.62
16 $ 200,809.39 $ 206,608.85 -$ 5,799.45 $ 20,666,684.08
17 $ 206,833.68 $ 206,666.84 $ 166.84 $ 20,666,517.24
18 $ 213,038.69 $ 206,665.17 $ 6,373.51 $ 20,660,143.72
19 $ 219,429.85 $ 206,601.44 $ 12,828.41 $ 20,647,315.31
20 $ 226,012.74 $ 206,473.15 $ 19,539.59 $ 20,627,775.72
21 $ 232,793.13 $ 206,277.76 $ 26,515.37 $ 20,601,260.36
22 $ 239,776.92 $ 206,012.60 $ 33,764.32 $ 20,567,496.04
23 $ 246,970.23 $ 205,674.96 $ 41,295.27 $ 20,526,200.77
24 $ 254,379.33 $ 205,262.01 $ 49,117.33 $ 20,477,083.45
25 $ 262,010.71 $ 204,770.83 $ 57,239.88 $ 20,419,843.57
26 $ 269,871.04 $ 204,198.44 $ 65,672.60 $ 20,354,170.97
27 $ 277,967.17 $ 203,541.71 $ 74,425.46 $ 20,279,745.51
28 $ 286,306.18 $ 202,797.46 $ 83,508.73 $ 20,196,236.79
29 $ 294,895.37 $ 201,962.37 $ 92,933.00 $ 20,103,303.79
30 $ 303,742.23 $ 201,033.04 $ 102,709.19 $ 20,000,594.60
31 $ 312,854.49 $ 200,005.95 $ 112,848.55 $ 19,887,746.05
32 $ 322,240.13 $ 198,877.46 $ 123,362.67 $ 19,764,383.38
33 $ 331,907.33 $ 197,643.83 $ 134,263.50 $ 19,630,119.88
34 $ 341,864.55 $ 196,301.20 $ 145,563.35 $ 19,484,556.53
35 $ 352,120.49 $ 194,845.57 $ 157,274.92 $ 19,327,281.60
36 $ 362,684.10 $ 193,272.82 $ 169,411.29 $ 19,157,870.32
37 $ 373,564.63 $ 191,578.70 $ 181,985.92 $ 18,975,884.39
38 $ 384,771.57 $ 189,758.84 $ 195,012.72 $ 18,780,871.67
39 $ 396,314.71 $ 187,808.72 $ 208,506.00 $ 18,572,365.67
40 $ 408,204.15 $ 185,723.66 $ 222,480.50 $ 18,349,885.18
41 $ 420,450.28 $ 183,498.85 $ 236,951.43 $ 18,112,933.75
42 $ 433,063.79 $ 181,129.34 $ 251,934.45 $ 17,860,999.30
43 $ 446,055.70 $ 178,609.99 $ 267,445.71 $ 17,593,553.59
44 $ 459,437.37 $ 175,935.54 $ 283,501.84 $ 17,310,051.75
45 $ 473,220.49 $ 173,100.52 $ 300,119.98 $ 17,009,931.78
46 $ 487,417.11 $ 170,099.32 $ 317,317.79 $ 16,692,613.99
47 $ 502,039.62 $ 166,926.14 $ 335,113.48 $ 16,357,500.50
48 $ 517,100.81 $ 163,575.01 $ 353,525.81 $ 16,003,974.70
49 $ 532,613.83 $ 160,039.75 $ 372,574.09 $ 15,631,400.61
50 $ 548,592.25 $ 156,314.01 $ 392,278.24 $ 15,239,122.37
51 $ 565,050.02 $ 152,391.22 $ 412,658.79 $ 14,826,463.58
52 $ 582,001.52 $ 148,264.64 $ 433,736.88 $ 14,392,726.69
53 $ 599,461.56 $ 143,927.27 $ 455,534.30 $ 13,937,192.40
54 $ 617,445.41 $ 139,371.92 $ 478,073.49 $ 13,459,118.91
55 $ 635,968.77 $ 134,591.19 $ 501,377.58 $ 12,957,741.33
56 $ 655,047.84 $ 129,577.41 $ 525,470.42 $ 12,432,270.91
57 $ 674,699.27 $ 124,322.71 $ 550,376.56 $ 11,881,894.35
58 $ 694,940.25 $ 118,818.94 $ 576,121.31 $ 11,305,773.04
59 $ 715,788.46 $ 113,057.73 $ 602,730.73 $ 10,703,042.31
60 $ 737,262.11 $ 107,030.42 $ 630,231.69 $ 10,072,810.63
61 $ 759,379.97 $ 100,728.11 $ 658,651.87 $ 9,414,158.76
62 $ 782,161.37 $ 94,141.59 $ 688,019.78 $ 8,726,138.98
63 $ 805,626.21 $ 87,261.39 $ 718,364.82 $ 8,007,774.15
64 $ 829,795.00 $ 80,077.74 $ 749,717.26 $ 7,258,056.90
65 $ 854,688.85 $ 72,580.57 $ 782,108.28 $ 6,475,948.61
66 $ 880,329.52 $ 64,759.49 $ 815,570.03 $ 5,660,378.59
67 $ 906,739.40 $ 56,603.79 $ 850,135.61 $ 4,810,242.97
68 $ 933,941.58 $ 48,102.43 $ 885,839.15 $ 3,924,403.82
69 $ 961,959.83 $ 39,244.04 $ 922,715.79 $ 3,001,688.03
70 $ 990,818.63 $ 30,016.88 $ 960,801.74 $ 2,040,886.28
71 $ 1,020,543.18 $ 20,408.86 $ 1,000,134.32 $ 1,040,751.96
72 $ 1,051,159.48 $ 10,407.52 $ 1,040,751.96 $ 0.00
alor arbitrario cuota No. 1