TABLA 9-1 9,-1 Valor futuro un solo monto

VALOR FUTURO DE $ 1.00

FV IF = (1+i)^n

Periodos 1.00% 1.50% 2.00% 2.50% 3.00% 3.50%

1 1.010 1.015 1.020 1.025 1.030 1.035
2 1.020 1.030 1.040 1.051 1.061 1.071
3 1.030 1.046 1.061 1.077 1.093 1.109
4 1.041 1.061 1.082 1.104 1.126 1.148
5 1.051 1.077 1.104 1.131 1.159 1.188
6 1.062 1.093 1.126 1.160 1.194 1.229
7 1.072 1.110 1.149 1.189 1.230 1.272
8 1.083 1.126 1.172 1.218 1.267 1.317
9 1.094 1.143 1.195 1.249 1.305 1.363
10 1.105 1.161 1.219 1.280 1.344 1.411
11 1.116 1.178 1.243 1.312 1.384 1.460
12 1.127 1.196 1.268 1.345 1.426 1.511
13 1.138 1.214 1.294 1.379 1.469 1.564
14 1.149 1.232 1.319 1.413 1.513 1.619
15 1.161 1.250 1.346 1.448 1.558 1.675
16 1.173 1.269 1.373 1.485 1.605 1.734
17 1.184 1.288 1.400 1.522 1.653 1.795
18 1.196 1.307 1.428 1.560 1.702 1.857
19 1.208 1.327 1.457 1.599 1.754 1.923
20 1.220 1.347 1.486 1.639 1.806 1.990
21 1.232 1.367 1.516 1.680 1.860 2.059
22 1.245 1.388 1.546 1.722 1.916 2.132
23 1.257 1.408 1.577 1.765 1.974 2.206
24 1.270 1.430 1.608 1.809 2.033 2.283
25 1.282 1.451 1.641 1.854 2.094 2.363
26 1.295 1.473 1.673 1.900 2.157 2.446
27 1.308 1.495 1.707 1.948 2.221 2.532
28 1.321 1.517 1.741 1.996 2.288 2.620
29 1.335 1.540 1.776 2.046 2.357 2.712
30 1.348 1.563 1.811 2.098 2.427 2.807
31 1.361 1.587 1.848 2.150 2.500 2.905
32 1.375 1.610 1.885 2.204 2.575 3.007
33 1.389 1.634 1.922 2.259 2.652 3.112
34 1.403 1.659 1.961 2.315 2.732 3.221
35 1.417 1.684 2.000 2.373 2.814 3.334
36 1.431 1.709 2.040 2.433 2.898 3.450
37 1.445 1.735 2.081 2.493 2.985 3.571
38 1.460 1.761 2.122 2.556 3.075 3.696
39 1.474 1.787 2.165 2.620 3.167 3.825
40 1.489 1.814 2.208 2.685 3.262 3.959
41 1.504 1.841 2.252 2.752 3.360 4.098
42 1.519 1.869 2.297 2.821 3.461 4.241
43 1.534 1.897 2.343 2.892 3.565 4.390
44 1.549 1.925 2.390 2.964 3.671 4.543
45 1.565 1.954 2.438 3.038 3.782 4.702
46 1.580 1.984 2.487 3.114 3.895 4.867
47 1.596 2.013 2.536 3.192 4.012 5.037
48 1.612 2.043 2.587 3.271 4.132 5.214
49 1.628 2.074 2.639 3.353 4.256 5.396
50 1.645 2.105 2.692 3.437 4.384 5.585
51 1.661 2.137 2.745 3.523 4.515 5.780
52 1.678 2.169 2.800 3.611 4.651 5.983
53 1.694 2.201 2.856 3.701 4.790 6.192
54 1.711 2.234 2.913 3.794 4.934 6.409
55 1.729 2.268 2.972 3.889 5.082 6.633
56 1.746 2.302 3.031 3.986 5.235 6.865
57 1.763 2.336 3.092 4.086 5.392 7.106
58 1.781 2.372 3.154 4.188 5.553 7.354
59 1.799 2.407 3.217 4.292 5.720 7.612
60 1.817 2.443 3.281 4.400 5.892 7.878
61 1.835 2.480 3.347 4.510 6.068 8.154
62 1.853 2.517 3.414 4.623 6.250 8.439
63 1.872 2.555 3.482 4.738 6.438 8.735
64 1.890 2.593 3.551 4.857 6.631 9.040
65 1.909 2.632 3.623 4.978 6.830 9.357
 66 1.928 2.672 3.695 5.102 7.035 9.684
67 1.948 2.712 3.769 5.230 7.246 10.023
68 1.967 2.752 3.844 5.361 7.463 10.374
69 1.987 2.794 3.921 5.495 7.687 10.737
70 2.007 2.835 4.000 5.632 7.918 11.113
71 2.027 2.878 4.080 5.773 8.155 11.502
72 2.047 2.921 4.161 5.917 8.400 11.904
73 2.068 2.965 4.244 6.065 8.652 12.321
74 2.088 3.009 4.329 6.217 8.912 12.752
75 2.109 3.055 4.416 6.372 9.179 13.199
76 2.130 3.100 4.504 6.532 9.454 13.660
77 2.152 3.147 4.594 6.695 9.738 14.139
78 2.173 3.194 4.686 6.862 10.030 14.633
79 2.195 3.242 4.780 7.034 10.331 15.146
80 2.217 3.291 4.875 7.210 10.641 15.676
81 2.239 3.340 4.973 7.390 10.960 16.224
82 2.261 3.390 5.072 7.575 11.289 16.792
83 2.284 3.441 5.174 7.764 11.628 17.380
84 2.307 3.493 5.277 7.958 11.976 17.988
85 2.330 3.545 5.383 8.157 12.336 18.618
86 2.353 3.598 5.491 8.361 12.706 19.269
87 2.377 3.652 5.600 8.570 13.087 19.944
88 2.400 3.707 5.712 8.784 13.480 20.642
89 2.424 3.763 5.827 9.004 13.884 21.364
90 2.449 3.819 5.943 9.229 14.300 22.112
91 2.473 3.876 6.062 9.460 14.729 22.886
92 2.498 3.934 6.183 9.696 15.171 23.687
93 2.523 3.993 6.307 9.938 15.627 24.516
94 2.548 4.053 6.433 10.187 16.095 25.374
95 2.574 4.114 6.562 10.442 16.578 26.262
96 2.599 4.176 6.693 10.703 17.076 27.182
97 2.625 4.238 6.827 10.970 17.588 28.133
98 2.652 4.302 6.963 11.244 18.115 29.118
99 2.678 4.367 7.103 11.526 18.659 30.137
100 2.705 4.432 7.245 11.814 19.219 31.191
4.00% 4.50% 5.00% 5.50% 6.00% 6.50%
1.040 1.045 1.050 1.055 1.060 1.065

1.082 1.092 1.103 1.113 1.124 1.134

1.125 1.141 1.158 1.174 1.191 1.208

1.170 1.193 1.216 1.239 1.262 1.286

1.217 1.246 1.276 1.307 1.338 1.370

1.265 1.302 1.340 1.379 1.419 1.459

1.316 1.361 1.407 1.455 1.504 1.554

1.369 1.422 1.477 1.535 1.594 1.655

1.423 1.486 1.551 1.619 1.689 1.763

1.480 1.553 1.629 1.708 1.791 1.877

1.539 1.623 1.710 1.802 1.898 1.999

1.601 1.696 1.796 1.901 2.012 2.129

1.665 1.772 1.886 2.006 2.133 2.267

1.732 1.852 1.980 2.116 2.261 2.415

1.801 1.935 2.079 2.232 2.397 2.572

1.873 2.022 2.183 2.355 2.540 2.739

1.948 2.113 2.292 2.485 2.693 2.917

2.026 2.208 2.407 2.621 2.854 3.107

2.107 2.308 2.527 2.766 3.026 3.309

2.191 2.412 2.653 2.918 3.207 3.524

2.279 2.520 2.786 3.078 3.400 3.753

2.370 2.634 2.925 3.248 3.604 3.997

2.465 2.752 3.072 3.426 3.820 4.256

2.563 2.876 3.225 3.615 4.049 4.533

2.666 3.005 3.386 3.813 4.292 4.828

2.772 3.141 3.556 4.023 4.549 5.141

2.883 3.282 3.733 4.244 4.822 5.476

2.999 3.430 3.920 4.478 5.112 5.832

3.119 3.584 4.116 4.724 5.418 6.211

3.243 3.745 4.322 4.984 5.743 6.614

3.373 3.914 4.538 5.258 6.088 7.044

3.508 4.090 4.765 5.547 6.453 7.502

3.648 4.274 5.003 5.852 6.841 7.990

3.794 4.466 5.253 6.174 7.251 8.509

3.946 4.667 5.516 6.514 7.686 9.062

4.104 4.877 5.792 6.872 8.147 9.651

4.268 5.097 6.081 7.250 8.636 10.279

4.439 5.326 6.385 7.649 9.154 10.947

4.616 5.566 6.705 8.069 9.704 11.658

4.801 5.816 7.040 8.513 10.286 12.416

4.993 6.078 7.392 8.982 10.903 13.223

5.193 6.352 7.762 9.476 11.557 14.083

5.400 6.637 8.150 9.997 12.250 14.998

5.617 6.936 8.557 10.546 12.985 15.973

5.841 7.248 8.985 11.127 13.765 17.011

6.075 7.574 9.434 11.739 14.590 18.117

6.318 7.915 9.906 12.384 15.466 19.294

6.571 8.271 10.401 13.065 16.394 20.549

6.833 8.644 10.921 13.784 17.378 21.884

7.107 9.033 11.467 14.542 18.420 23.307

7.391 9.439 12.041 15.342 19.525 24.822

7.687 9.864 12.643 16.186 20.697 26.435

7.994 10.308 13.275 17.076 21.939 28.153

8.314 10.772 13.939 18.015 23.255 29.983

8.646 11.256 14.636 19.006 24.650 31.932

8.992 11.763 15.367 20.051 26.129 34.008

9.352 12.292 16.136 21.154 27.697 36.218

9.726 12.845 16.943 22.317 29.359 38.572

10.115 13.423 17.790 23.545 31.120 41.080

10.520 14.027 18.679 24.840 32.988 43.750

10.940 14.659 19.613 26.206 34.967 46.594

11.378 15.318 20.594 27.647 37.065 49.622

11.833 16.008 21.623 29.168 39.289 52.848

12.306 16.728 22.705 30.772 41.646 56.283

12.799 17.481 23.840 32.465 44.145 59.941

13.311 18.267 25.032 34.250 46.794 63.837

13.843 19.089 26.283 36.134 49.601 67.987

14.397 19.948 27.598 38.121 52.577 72.406

14.973 20.846 28.978 40.218 55.732 77.112

15.572 21.784 30.426 42.430 59.076 82.124

16.194 22.764 31.948 44.764 62.620 87.463

16.842 23.789 33.545 47.226 66.378 93.148

17.516 24.859 35.222 49.823 70.360 99.202

18.217 25.978 36.984 52.563 74.582 105.650

18.945 27.147 38.833 55.454 79.057 112.518

19.703 28.369 40.774 58.504 83.800 119.831

20.491 29.645 42.813 61.722 88.828 127.620

21.311 30.979 44.954 65.117 94.158 135.916

22.163 32.373 47.201 68.698 99.808 144.750

23.050 33.830 49.561 72.476 105.796 154.159

23.972 35.352 52.040 76.463 112.144 164.179

24.931 36.943 54.641 80.668 118.872 174.851

25.928 38.606 57.374 85.105 126.005 186.216

26.965 40.343 60.242 89.786 133.565 198.320

28.044 42.158 63.254 94.724 141.579 211.211

29.165 44.056 66.417 99.934 150.074 224.940

30.332 46.038 69.738 105.430 159.078 239.561

31.545 48.110 73.225 111.229 168.623 255.132

32.807 50.275 76.886 117.346 178.740 271.716

34.119 52.537 80.730 123.800 189.465 289.377

35.484 54.901 84.767 130.609 200.832 308.187

36.903 57.372 89.005 137.793 212.882 328.219

38.380 59.954 93.455 145.371 225.655 349.553

39.915 62.651 98.128 153.367 239.195 372.274

41.511 65.471 103.035 161.802 253.546 396.472

43.172 68.417 108.186 170.701 268.759 422.243

44.899 71.496 113.596 180.090 284.885 449.689

46.695 74.713 119.276 189.995 301.978 478.918

48.562 78.075 125.239 200.444 320.096 510.048

50.505 81.589 131.501 211.469 339.302 543.201

7.00% 7.50% 8.00% 8.50% 9.00% 9.50% 10.00%
1.070 1.075 1.080 1.085 1.090 1.095 1.100

1.145 1.156 1.166 1.177 1.188 1.199 1.210

1.225 1.242 1.260 1.277 1.295 1.313 1.331

1.311 1.335 1.360 1.386 1.412 1.438 1.464

1.403 1.436 1.469 1.504 1.539 1.574 1.611

1.501 1.543 1.587 1.631 1.677 1.724 1.772

1.606 1.659 1.714 1.770 1.828 1.888 1.949

1.718 1.783 1.851 1.921 1.993 2.067 2.144

1.838 1.917 1.999 2.084 2.172 2.263 2.358

1.967 2.061 2.159 2.261 2.367 2.478 2.594

2.105 2.216 2.332 2.453 2.580 2.714 2.853

2.252 2.382 2.518 2.662 2.813 2.971 3.138

2.410 2.560 2.720 2.888 3.066 3.254 3.452

2.579 2.752 2.937 3.133 3.342 3.563 3.797

2.759 2.959 3.172 3.400 3.642 3.901 4.177

2.952 3.181 3.426 3.689 3.970 4.272 4.595

3.159 3.419 3.700 4.002 4.328 4.678 5.054

3.380 3.676 3.996 4.342 4.717 5.122 5.560

3.617 3.951 4.316 4.712 5.142 5.609 6.116

3.870 4.248 4.661 5.112 5.604 6.142 6.727

4.141 4.566 5.034 5.547 6.109 6.725 7.400

4.430 4.909 5.437 6.018 6.659 7.364 8.140

4.741 5.277 5.871 6.530 7.258 8.064 8.954

5.072 5.673 6.341 7.085 7.911 8.830 9.850

5.427 6.098 6.848 7.687 8.623 9.668 10.835

5.807 6.556 7.396 8.340 9.399 10.587 11.918

6.214 7.047 7.988 9.049 10.245 11.593 13.110

6.649 7.576 8.627 9.818 11.167 12.694 14.421

7.114 8.144 9.317 10.653 12.172 13.900 15.863

7.612 8.755 10.063 11.558 13.268 15.220 17.449

8.145 9.412 10.868 12.541 14.462 16.666 19.194

8.715 10.117 11.737 13.607 15.763 18.250 21.114

9.325 10.876 12.676 14.763 17.182 19.983 23.225

9.978 11.692 13.690 16.018 18.728 21.882 25.548

10.677 12.569 14.785 17.380 20.414 23.960 28.102

11.424 13.512 15.968 18.857 22.251 26.237 30.913

12.224 14.525 17.246 20.460 24.254 28.729 34.004

13.079 15.614 18.625 22.199 26.437 31.458 37.404

13.995 16.785 20.115 24.086 28.816 34.447 41.145

14.974 18.044 21.725 26.133 31.409 37.719 45.259

16.023 19.398 23.462 28.354 34.236 41.303 49.785

17.144 20.852 25.339 30.764 37.318 45.227 54.764

18.344 22.416 27.367 33.379 40.676 49.523 60.240

19.628 24.098 29.556 36.217 44.337 54.228 66.264

21.002 25.905 31.920 39.295 48.327 59.379 72.890

22.473 27.848 34.474 42.635 52.677 65.020 80.180

24.046 29.936 37.232 46.259 57.418 71.197 88.197

25.729 32.182 40.211 50.191 62.585 77.961 97.017

27.530 34.595 43.427 54.457 68.218 85.367 106.719

29.457 37.190 46.902 59.086 74.358 93.477 117.391

31.519 39.979 50.654 64.109 81.050 102.358 129.130

33.725 42.977 54.706 69.558 88.344 112.082 142.043

36.086 46.201 59.083 75.470 96.295 122.729 156.247

38.612 49.666 63.809 81.885 104.962 134.389 171.872

41.315 53.391 68.914 88.846 114.408 147.156 189.059

44.207 57.395 74.427 96.397 124.705 161.135 207.965

47.302 61.700 80.381 104.591 135.928 176.443 228.762

50.613 66.327 86.812 113.481 148.162 193.205 251.638

54.156 71.302 93.757 123.127 161.497 211.560 276.801

57.946 76.649 101.257 133.593 176.031 231.658 304.482

62.003 82.398 109.358 144.949 191.874 253.665 334.930

66.343 88.578 118.106 157.269 209.143 277.764 368.423

70.987 95.221 127.555 170.637 227.966 304.151 405.265

75.956 102.363 137.759 185.141 248.483 333.046 445.792

81.273 110.040 148.780 200.878 270.846 364.685 490.371

86.962 118.293 160.682 217.953 295.222 399.330 539.408

93.049 127.165 173.537 236.479 321.792 437.266 593.349

99.563 136.702 187.420 256.580 350.753 478.807 652.683

106.532 146.955 202.413 278.389 382.321 524.293 717.952

113.989 157.977 218.606 302.052 416.730 574.101 789.747

121.969 169.825 236.095 327.726 454.236 628.641 868.722

130.506 182.562 254.983 355.583 495.117 688.362 955.594

139.642 196.254 275.381 385.808 539.678 753.756 1051.153

149.417 210.973 297.412 418.601 588.249 825.363 1156.269

159.876 226.796 321.205 454.182 641.191 903.772 1271.895

171.067 243.805 346.901 492.788 698.898 989.630 1399.085

183.042 262.091 374.653 534.675 761.799 1083.645 1538.993

195.855 281.748 404.625 580.122 830.361 1186.592 1692.893

209.565 302.879 436.995 629.433 905.093 1299.318 1862.182

224.234 325.595 471.955 682.935 986.552 1422.753 2048.400

239.931 350.014 509.711 740.984 1075.341 1557.915 2253.240

256.726 376.265 550.488 803.968 1172.122 1705.917 2478.564

274.697 404.485 594.527 872.305 1277.613 1867.979 2726.421

293.926 434.821 642.089 946.451 1392.598 2045.437 2999.063

314.500 467.433 693.456 1026.899 1517.932 2239.753 3298.969

336.515 502.491 748.933 1114.185 1654.546 2452.530 3628.866

360.071 540.177 808.848 1208.891 1803.455 2685.520 3991.753

385.276 580.691 873.555 1311.647 1965.766 2940.644 4390.928

412.246 624.242 943.440 1423.137 2142.685 3220.005 4830.021

441.103 671.061 1018.915 1544.104 2335.527 3525.906 5313.023

471.980 721.390 1100.428 1675.352 2545.724 3860.867 5844.325

505.019 775.494 1188.463 1817.757 2774.839 4227.649 6428.757

540.370 833.657 1283.540 1972.267 3024.575 4629.276 7071.633

578.196 896.181 1386.223 2139.909 3296.786 5069.057 7778.796

618.670 963.394 1497.121 2321.802 3593.497 5550.618 8556.676

661.977 1035.649 1616.890 2519.155 3916.912 6077.926 9412.344

708.315 1113.323 1746.241 2733.283 4269.434 6655.329 10353.578

757.897 1196.822 1885.941 2965.612 4653.683 7287.586 11388.936

810.950 1286.583 2036.816 3217.689 5072.514 7979.906 12527.829

867.716 1383.077 2199.761 3491.193 5529.041 8737.998 13780.612

10.50% 11.00% 11.50% 12.00% 12.50% 13.00% 13.50%
1.105 1.110 1.115 1.120 1.125 1.130 1.135

1.221 1.232 1.243 1.254 1.266 1.277 1.288

1.349 1.368 1.386 1.405 1.424 1.443 1.462

1.491 1.518 1.546 1.574 1.602 1.630 1.660

1.647 1.685 1.723 1.762 1.802 1.842 1.884

1.820 1.870 1.922 1.974 2.027 2.082 2.138

2.012 2.076 2.143 2.211 2.281 2.353 2.426

2.223 2.305 2.389 2.476 2.566 2.658 2.754

2.456 2.558 2.664 2.773 2.887 3.004 3.126

2.714 2.839 2.970 3.106 3.247 3.395 3.548

2.999 3.152 3.311 3.479 3.653 3.836 4.027

3.314 3.498 3.692 3.896 4.110 4.335 4.570

3.662 3.883 4.117 4.363 4.624 4.898 5.187

4.046 4.310 4.590 4.887 5.202 5.535 5.888

4.471 4.785 5.118 5.474 5.852 6.254 6.682

4.941 5.311 5.707 6.130 6.583 7.067 7.585

5.460 5.895 6.363 6.866 7.406 7.986 8.609

6.033 6.544 7.095 7.690 8.332 9.024 9.771

6.666 7.263 7.911 8.613 9.373 10.197 11.090

7.366 8.062 8.821 9.646 10.545 11.523 12.587

8.140 8.949 9.835 10.804 11.863 13.021 14.286

8.994 9.934 10.966 12.100 13.346 14.714 16.215

9.939 11.026 12.227 13.552 15.014 16.627 18.404

10.982 12.239 13.633 15.179 16.891 18.788 20.888

12.135 13.585 15.201 17.000 19.003 21.231 23.708

13.410 15.080 16.949 19.040 21.378 23.991 26.909

14.818 16.739 18.898 21.325 24.050 27.109 30.541

16.374 18.580 21.072 23.884 27.056 30.633 34.664

18.093 20.624 23.495 26.750 30.438 34.616 39.344

19.993 22.892 26.197 29.960 34.243 39.116 44.656

22.092 25.410 29.209 33.555 38.524 44.201 50.684

24.411 28.206 32.568 37.582 43.339 49.947 57.526

26.975 31.308 36.314 42.092 48.757 56.440 65.293

29.807 34.752 40.490 47.143 54.851 63.777 74.107

32.937 38.575 45.146 52.800 61.708 72.069 84.111

36.395 42.818 50.338 59.136 69.421 81.437 95.467

40.217 47.528 56.127 66.232 78.099 92.024 108.354

44.439 52.756 62.581 74.180 87.861 103.987 122.982

49.105 58.559 69.778 83.081 98.844 117.506 139.585

54.261 65.001 77.803 93.051 111.199 132.782 158.429

59.959 72.151 86.750 104.217 125.099 150.043 179.817

66.255 80.088 96.726 116.723 140.736 169.549 204.092

73.211 88.897 107.850 130.730 158.328 191.590 231.645

80.898 98.676 120.253 146.418 178.119 216.497 262.917

89.393 109.530 134.082 163.988 200.384 244.641 298.410

98.779 121.579 149.501 183.666 225.432 276.445 338.696

109.151 134.952 166.694 205.706 253.611 312.383 384.420

120.612 149.797 185.863 230.391 285.313 352.992 436.316

133.276 166.275 207.238 258.038 320.977 398.881 495.219

147.270 184.565 231.070 289.002 361.099 450.736 562.073

162.733 204.867 257.643 323.682 406.236 509.332 637.953

179.820 227.402 287.272 362.524 457.016 575.545 724.077

198.701 252.417 320.308 406.027 514.143 650.366 821.827

219.565 280.182 357.144 454.751 578.411 734.913 932.774

242.619 311.002 398.215 509.321 650.712 830.452 1058.699

268.094 345.213 444.010 570.439 732.051 938.410 1201.623

296.244 383.186 495.071 638.892 823.557 1060.404 1363.842

327.350 425.337 552.004 715.559 926.502 1198.256 1547.961

361.722 472.124 615.485 801.426 1042.315 1354.030 1756.936

399.702 524.057 686.265 897.597 1172.604 1530.053 1994.122

441.671 581.704 765.186 1005.309 1319.179 1728.960 2263.328

488.047 645.691 853.182 1125.946 1484.077 1953.725 2568.878

539.291 716.717 951.298 1261.059 1669.586 2207.710 2915.676

595.917 795.556 1060.697 1412.386 1878.285 2494.712 3309.292

658.488 883.067 1182.678 1581.872 2113.070 2819.024 3756.047

 727.630 980.204 1318.686 1771.697 2377.204 3185.498 4263.113

804.031 1088.027 1470.334 1984.301 2674.355 3599.612 4838.633

888.454 1207.710 1639.423 2222.417 3008.649 4067.562 5491.849

981.742 1340.558 1827.956 2489.107 3384.730 4596.345 6233.249

1084.824 1488.019 2038.171 2787.800 3807.821 5193.870 7074.737

1198.731 1651.701 2272.561 3122.336 4283.799 5869.073 8029.827

1324.598 1833.388 2533.906 3497.016 4819.274 6632.052 9113.853

1463.681 2035.061 2825.305 3916.658 5421.683 7494.219 10344.223

1617.367 2258.918 3150.215 4386.657 6099.394 8468.467 11740.694

1787.191 2507.399 3512.490 4913.056 6861.818 9569.368 13325.687

1974.846 2783.213 3916.426 5502.623 7719.545 10813.386 15124.655

2182.204 3089.366 4366.815 6162.937 8684.488 12219.126 17166.483

2411.336 3429.196 4868.999 6902.490 9770.049 13807.613 19483.959

2664.526 3806.408 5428.934 7730.788 10991.305 15602.602 22114.293

2944.301 4225.113 6053.261 8658.483 12365.219 17630.940 25099.723

3253.453 4689.875 6749.386 9697.501 13910.871 19922.963 28488.185

3595.065 5205.761 7525.565 10861.201 15649.730 22512.948 32334.090

3972.547 5778.395 8391.005 12164.545 17605.946 25439.631 36699.192

4389.665 6414.019 9355.971 13624.291 19806.689 28746.783 41653.583

4850.580 7119.561 10431.908 15259.206 22282.525 32483.865 47276.817

5359.890 7902.712 11631.577 17090.310 25067.841 36706.767 53659.187

5922.679 8772.011 12969.208 19141.148 28201.321 41478.647 60903.178

6544.560 9736.932 14460.667 21438.085 31726.486 46870.871 69125.107

7231.739 10807.994 16123.644 24010.656 35692.297 52964.085 78456.996

7991.072 11996.874 17977.863 26891.934 40153.834 59849.416 89048.691

8830.134 13316.530 20045.317 30118.966 45173.063 67629.840 101070.264

9757.298 14781.348 22350.529 33733.242 50819.696 76421.719 114714.749

10781.815 16407.297 24920.839 37781.231 57172.158 86356.542 130201.241

11913.905 18212.099 27786.736 42314.979 64318.678 97582.893 147778.408

13164.865 20215.430 30982.211 47392.777 72358.513 110268.669 167728.493

14547.176 22439.127 34545.165 53079.910 81403.327 124603.596 190371.840

16074.629 24907.431 38517.859 59449.499 91578.743 140802.063 216072.038

17762.465 27647.249 42947.413 66583.439 103026.086 159106.331 245241.763

19627.524 30688.446 47886.365 74573.452 115904.346 179790.154 278349.401

21688.414 34064.175 53393.297 83522.266 130392.390 203162.874 315926.570

14.00% 14.50% 15.00% 15.50% 16.00% 16.50% 17.00%
1.140 1.145 1.150 1.155 1.160 1.165 1.170

1.300 1.311 1.323 1.334 1.346 1.357 1.369

1.482 1.501 1.521 1.541 1.561 1.581 1.602

1.689 1.719 1.749 1.780 1.811 1.842 1.874

1.925 1.968 2.011 2.055 2.100 2.146 2.192

2.195 2.253 2.313 2.374 2.436 2.500 2.565

2.502 2.580 2.660 2.742 2.826 2.913 3.001

2.853 2.954 3.059 3.167 3.278 3.393 3.511

3.252 3.383 3.518 3.658 3.803 3.953 4.108

3.707 3.873 4.046 4.225 4.411 4.605 4.807

4.226 4.435 4.652 4.880 5.117 5.365 5.624

4.818 5.078 5.350 5.636 5.936 6.250 6.580

5.492 5.814 6.153 6.510 6.886 7.282 7.699

6.261 6.657 7.076 7.519 7.988 8.483 9.007

7.138 7.622 8.137 8.684 9.266 9.883 10.539

8.137 8.727 9.358 10.030 10.748 11.514 12.330

9.276 9.993 10.761 11.585 12.468 13.413 14.426

10.575 11.442 12.375 13.381 14.463 15.627 16.879

12.056 13.101 14.232 15.455 16.777 18.205 19.748

13.743 15.001 16.367 17.850 19.461 21.209 23.106

15.668 17.176 18.822 20.617 22.574 24.708 27.034

17.861 19.666 21.645 23.812 26.186 28.785 31.629

20.362 22.518 24.891 27.503 30.376 33.535 37.006

23.212 25.783 28.625 31.766 35.236 39.068 43.297

26.462 29.521 32.919 36.690 40.874 45.514 50.658

30.167 33.802 37.857 42.377 47.414 53.024 59.270

34.390 38.703 43.535 48.946 55.000 61.773 69.345

39.204 44.315 50.066 56.532 63.800 71.966 81.134

44.693 50.741 57.575 65.295 74.009 83.840 94.927

 50.950 58.098 66.212 75.415 85.850 97.674 111.065

58.083 66.523 76.144 87.105 99.586 113.790 129.946

66.215 76.169 87.565 100.606 115.520 132.565 152.036

75.485 87.213 100.700 116.200 134.003 154.438 177.883

86.053 99.859 115.805 134.211 155.443 179.921 208.123

98.100 114.338 133.176 155.013 180.314 209.608 243.503

111.834 130.917 153.152 179.041 209.164 244.193 284.899

127.491 149.900 176.125 206.792 242.631 284.485 333.332

145.340 171.636 202.543 238.845 281.452 331.425 389.998

165.687 196.523 232.925 275.865 326.484 386.110 456.298

188.884 225.019 267.864 318.625 378.721 449.818 533.869

215.327 257.647 308.043 368.011 439.317 524.038 624.626

245.473 295.006 354.250 425.053 509.607 610.504 730.813

279.839 337.782 407.387 490.936 591.144 711.238 855.051

319.017 386.760 468.495 567.032 685.727 828.592 1000.410

363.679 442.840 538.769 654.922 795.444 965.310 1170.479

414.594 507.052 619.585 756.434 922.715 1124.586 1369.461

472.637 580.574 712.522 873.682 1070.349 1310.142 1602.269

538.807 664.758 819.401 1009.102 1241.605 1526.316 1874.655

614.239 761.148 942.311 1165.513 1440.262 1778.158 2193.346

700.233 871.514 1083.657 1346.168 1670.704 2071.554 2566.215

798.266 997.883 1246.206 1554.824 1938.016 2413.360 3002.472

910.023 1142.577 1433.137 1795.822 2248.099 2811.565 3512.892

1037.426 1308.250 1648.108 2074.174 2607.795 3275.473 4110.084

1182.666 1497.946 1895.324 2395.671 3025.042 3815.926 4808.798

1348.239 1715.149 2179.622 2767.000 3509.049 4445.554 5626.294

1536.992 1963.845 2506.566 3195.885 4070.497 5179.070 6582.764

1752.171 2248.603 2882.550 3691.247 4721.776 6033.617 7701.833

1997.475 2574.650 3314.933 4263.390 5477.260 7029.164 9011.145

2277.122 2947.974 3812.173 4924.216 6353.622 8188.976 10543.040

2595.919 3375.431 4383.999 5687.469 7370.201 9540.157 12335.356

2959.347 3864.868 5041.599 6569.027 8549.434 11114.283 14432.367

3373.656 4425.274 5797.838 7587.226 9917.343 12948.140 16885.869

3845.968 5066.939 6667.514 8763.246 11504.118 15084.583 19756.467

4384.403 5801.645 7667.641 10121.549 13344.777 17573.539 23115.067

4998.220 6642.883 8817.787 11690.389 15479.941 20473.173 27044.628

 5697.970 7606.102 10140.455 13502.400 17956.732 23851.246 31642.215

6495.686 8708.986 11661.524 15595.272 20829.809 27786.702 37021.391

7405.082 9971.789 13410.752 18012.539 24162.578 32371.508 43315.028

8441.794 11417.699 15422.365 20804.482 28028.590 37712.806 50678.583

9623.645 13073.265 17735.720 24029.177 32513.165 43935.419 59293.942

10970.955 14968.889 20396.078 27753.699 37715.271 51184.763 69373.912

12506.889 17139.377 23455.490 32055.523 43749.715 59630.249 81167.477

14257.853 19624.587 26973.813 37024.129 50749.669 69469.241 94965.948

16253.953 22470.152 31019.885 42762.869 58869.616 80931.665 111110.159

18529.506 25728.324 35672.868 49391.113 68288.755 94285.390 129998.886

21123.637 29458.931 41023.798 57046.736 79214.955 109842.479 152098.697

24080.947 33730.476 47177.368 65888.980 91889.348 127966.489 177955.475

27452.279 38621.395 54253.973 76101.772 106591.644 149080.959 208207.906

31295.598 44221.498 62392.069 87897.547 123646.307 173679.317 243603.250

35676.982 50633.615 71750.879 101521.667 143429.716 202336.405 285015.802

40671.759 57975.489 82513.511 117257.525 166378.470 235721.912 333468.489

46365.806 66381.935 94890.538 135432.441 192999.026 274616.027 390158.132

52857.018 76007.316 109124.119 156424.470 223878.870 319927.671 456485.014

60257.001 87028.376 125492.737 180670.262 259699.489 372715.737 534087.467

68692.981 99647.491 144316.647 208674.153 301251.407 434213.834 624882.336

78309.998 114096.377 165964.144 241018.647 349451.632 505859.116 731112.333

89273.398 130640.352 190858.766 278376.537 405363.894 589325.871 855401.430

101771.674 149583.203 219487.580 321524.900 470222.117 686564.639 1000819.673

116019.708 171272.767 252410.718 371361.260 545457.655 799847.805 1170959.017

132262.467 196107.318 290272.325 428922.255 632730.880 931822.693 1370022.050

150779.213 224542.879 333813.174 495405.204 733967.821 1085573.437 1602925.799

171888.303 257101.597 383885.150 572193.011 851402.672 1264693.054 1875423.185

195952.665 294381.328 441467.923 660882.928 987627.100 1473367.408 2194245.126

223386.038 337066.621 507688.111 763319.782 1145647.436 1716473.030 2567266.798

254660.083 385941.281 583841.328 881634.348 1328951.025 1999691.080 3003702.153

290312.495 441902.767 671417.527 1018287.672 1541583.189 2329640.108 3514331.519

330956.244 505978.668 772130.156 1176122.261 1788236.500 2714030.726 4111767.878

377290.119 579345.575 887949.679 1358421.211 2074354.340 3161845.796 4810768.417

430110.735 663350.683 1021142.131 1568976.499 2406251.034 3683550.352 5628599.048

490326.238 759536.533 1174313.451 1812167.857 2791251.199 4291336.161 6585460.886

17.50% 18.00% 18.50% 19.00% 19.50% 20.00%
1.175 1.180 1.185 1.190 1.195 1.200

1.381 1.392 1.404 1.416 1.428 1.440

1.622 1.643 1.664 1.685 1.706 1.728

1.906 1.939 1.972 2.005 2.039 2.074

2.240 2.288 2.337 2.386 2.437 2.488

2.632 2.700 2.769 2.840 2.912 2.986

3.092 3.185 3.281 3.379 3.480 3.583

3.633 3.759 3.888 4.021 4.159 4.300

4.269 4.435 4.607 4.785 4.969 5.160

5.016 5.234 5.460 5.695 5.939 6.192

5.894 6.176 6.470 6.777 7.097 7.430

6.926 7.288 7.667 8.064 8.480 8.916

8.138 8.599 9.085 9.596 10.134 10.699

9.562 10.147 10.766 11.420 12.110 12.839

11.235 11.974 12.758 13.590 14.472 15.407

13.201 14.129 15.118 16.172 17.294 18.488

15.511 16.672 17.915 19.244 20.666 22.186

18.226 19.673 21.229 22.901 24.696 26.623

21.415 23.214 25.156 27.252 29.511 31.948

25.163 27.393 29.810 32.429 35.266 38.338

29.566 32.324 35.325 38.591 42.143 46.005

34.740 38.142 41.860 45.923 50.361 55.206

40.820 45.008 49.605 54.649 60.181 66.247

47.963 53.109 58.781 65.032 71.917 79.497

56.357 62.669 69.656 77.388 85.940 95.396

66.219 73.949 82.542 92.092 102.699 114.475

77.808 87.260 97.813 109.589 122.725 137.371

91.424 102.967 115.908 130.411 146.657 164.845

107.423 121.501 137.351 155.189 175.255 197.814

 126.222 143.371 162.761 184.675 209.429 237.376

148.311 169.177 192.872 219.764 250.268 284.852

174.266 199.629 228.553 261.519 299.070 341.822

204.762 235.563 270.835 311.207 357.389 410.186

240.595 277.964 320.940 370.337 427.080 492.224

282.700 327.997 380.314 440.701 510.360 590.668

332.172 387.037 450.672 524.434 609.880 708.802

390.302 456.703 534.046 624.076 728.807 850.562

458.605 538.910 632.845 742.651 870.924 1020.675

538.861 635.914 749.921 883.754 1040.755 1224.810

633.162 750.378 888.657 1051.668 1243.702 1469.772

743.965 885.446 1053.058 1251.484 1486.223 1763.726

874.159 1044.827 1247.874 1489.266 1776.037 2116.471

1027.137 1232.896 1478.731 1772.227 2122.364 2539.765

1206.886 1454.817 1752.296 2108.950 2536.225 3047.718

1418.091 1716.684 2076.471 2509.651 3030.789 3657.262

1666.257 2025.687 2460.618 2986.484 3621.793 4388.714

1957.851 2390.311 2915.832 3553.916 4328.043 5266.457

2300.475 2820.567 3455.261 4229.160 5172.011 6319.749

2703.059 3328.269 4094.484 5032.701 6180.553 7583.698

3176.094 3927.357 4851.963 5988.914 7385.761 9100.438

3731.910 4634.281 5749.577 7126.808 8825.985 10920.526

4384.995 5468.452 6813.248 8480.901 10547.052 13104.631

5152.369 6452.773 8073.699 10092.272 12603.727 15725.557

6054.033 7614.272 9567.334 12009.804 15061.454 18870.669

7113.489 8984.841 11337.290 14291.667 17998.437 22644.802

8358.350 10602.113 13434.689 17007.083 21508.132 27173.763

9821.061 12510.493 15920.107 20238.429 25702.218 32608.515

11539.746 14762.381 18865.326 24083.731 30714.150 39130.218

13559.202 17419.610 22355.412 28659.639 36703.410 46956.262

15932.062 20555.140 26491.163 34104.971 43860.575 56347.514

18720.173 24255.065 31392.028 40584.915 52413.387 67617.017

21996.204 28620.977 37199.553 48296.049 62633.997 81140.421

25845.539 33772.753 44081.470 57472.299 74847.626 97368.505

30368.509 39851.848 52236.542 68392.035 89442.914 116842.206

35682.997 47025.181 61900.303 81386.522 106884.282 140210.647

 41927.522 55489.713 73351.859 96849.961 127726.717 168252.776

49264.838 65477.862 86921.953 115251.454 152633.427 201903.332

57886.185 77263.877 103002.514 137149.230 182396.945 242283.998

68016.268 91171.375 122057.979 163207.584 217964.349 290740.797

79919.114 107582.222 144638.705 194217.025 260467.397 348888.957

93904.959 126947.022 171396.865 231118.260 311258.539 418666.748

110338.327 149797.486 203105.285 275030.729 371953.955 502400.098

129647.535 176761.034 240679.763 327286.568 444484.976 602880.118

152335.853 208578.020 285205.519 389471.016 531159.546 723456.141

178994.627 246122.064 337968.540 463470.509 634735.657 868147.369

210318.687 290424.035 400492.720 551529.905 758509.111 1041776.843

247124.457 342700.362 474583.873 656320.587 906418.387 1250132.212

290371.237 404386.427 562381.890 781021.499 1083169.973 1500158.654

341186.204 477175.983 666422.540 929415.583 1294388.117 1800190.385

400893.790 563067.660 789710.710 1106004.544 1546793.800 2160228.462

471050.203 664419.839 935807.191 1316145.408 1848418.591 2592274.154

553483.988 784015.410 1108931.521 1566213.035 2208860.217 3110728.985

650343.686 925138.184 1314083.853 1863793.512 2639587.959 3732874.782

764153.832 1091663.057 1557189.365 2217914.279 3154307.611 4479449.739

897880.752 1288162.408 1845269.398 2639317.992 3769397.595 5375339.687

1055009.884 1520031.641 2186644.236 3140788.411 4504430.126 6450407.624

1239636.613 1793637.336 2591173.420 3737538.209 5382794.001 7740489.149

1456573.021 2116492.057 3070540.503 4447670.469 6432438.831 9288586.978

1711473.299 2497460.627 3638590.496 5292727.858 7686764.403 11146304.374

2010981.127 2947003.540 4311729.738 6298346.151 9185683.462 13375565.249

2362902.824 3477464.177 5109399.739 7495031.919 10976891.737 16050678.299

2776410.818 4103407.729 6054638.691 8919087.984 13117385.626 19260813.958

3262282.711 4842021.121 7174746.849 10613714.701 15675275.823 23112976.750

3833182.186 5713584.922 8502075.016 12630320.494 18731954.608 27735572.100

4503989.068 6742030.208 10074958.894 15030081.388 22384685.756 33282686.520

5292187.155 7955595.646 11938826.289 17885796.851 26749699.479 39939223.824

6218319.907 9387602.862 14147509.153 21284098.253 31965890.877 47927068.589

7306525.891 11077371.377 16764798.346 25328076.921 38199239.599 57512482.307

8585167.922 13071298.225 19866286.040 30140411.536 45648091.320 69014978.768

10087572.308 15424131.905 23541548.957 35867089.728 54549469.128 82817974.522

TABLA 9-3 Valor futuro de una anualidad
VALOR FUTURO DE $ 1.00
FV IFA = ((1+i)^n - 1)
i
Periodos 1.00% 1.50% 2.00% 2.50% 3.00% 3.50%
1 1.000 1.000 1.000 1.000 1.000 1.000
2 2.010 2.015 2.020 2.025 2.030 2.035
3 3.030 3.045 3.060 3.076 3.091 3.106
4 4.060 4.091 4.122 4.153 4.184 4.215
5 5.101 5.152 5.204 5.256 5.309 5.362
6 6.152 6.230 6.308 6.388 6.468 6.550
7 7.214 7.323 7.434 7.547 7.662 7.779
8 8.286 8.433 8.583 8.736 8.892 9.052
9 9.369 9.559 9.755 9.955 10.159 10.368
10 10.462 10.703 10.950 11.203 11.464 11.731
11 11.567 11.863 12.169 12.483 12.808 13.142
12 12.683 13.041 13.412 13.796 14.192 14.602
13 13.809 14.237 14.680 15.140 15.618 16.113
14 14.947 15.450 15.974 16.519 17.086 17.677
15 16.097 16.682 17.293 17.932 18.599 19.296
16 17.258 17.932 18.639 19.380 20.157 20.971
17 18.430 19.201 20.012 20.865 21.762 22.705
18 19.615 20.489 21.412 22.386 23.414 24.500
19 20.811 21.797 22.841 23.946 25.117 26.357
20 22.019 23.124 24.297 25.545 26.870 28.280
21 23.239 24.471 25.783 27.183 28.676 30.269
22 24.472 25.838 27.299 28.863 30.537 32.329
23 25.716 27.225 28.845 30.584 32.453 34.460
24 26.973 28.634 30.422 32.349 34.426 36.667
25 28.243 30.063 32.030 34.158 36.459 38.950
26 29.526 31.514 33.671 36.012 38.553 41.313
27 30.821 32.987 35.344 37.912 40.710 43.759
28 32.129 34.481 37.051 39.860 42.931 46.291
29 33.450 35.999 38.792 41.856 45.219 48.911
30 34.785 37.539 40.568 43.903 47.575 51.623
31 36.133 39.102 42.379 46.000 50.003 54.429
32 37.494 40.688 44.227 48.150 52.503 57.335
33 38.869 42.299 46.112 50.354 55.078 60.341
34 40.258 43.933 48.034 52.613 57.730 63.453
35 41.660 45.592 49.994 54.928 60.462 66.674
36 43.077 47.276 51.994 57.301 63.276 70.008
37 44.508 48.985 54.034 59.734 66.174 73.458
38 45.953 50.720 56.115 62.227 69.159 77.029
39 47.412 52.481 58.237 64.783 72.234 80.725
40 48.886 54.268 60.402 67.403 75.401 84.550
41 50.375 56.082 62.610 70.088 78.663 88.510
42 51.879 57.923 64.862 72.840 82.023 92.607
43 53.398 59.792 67.159 75.661 85.484 96.849
44 54.932 61.689 69.503 78.552 89.048 101.238
45 56.481 63.614 71.893 81.516 92.720 105.782
46 58.046 65.568 74.331 84.554 96.501 110.484
47 59.626 67.552 76.817 87.668 100.397 115.351
48 61.223 69.565 79.354 90.860 104.408 120.388
49 62.835 71.609 81.941 94.131 108.541 125.602
50 64.463 73.683 84.579 97.484 112.797 130.998
51 66.108 75.788 87.271 100.921 117.181 136.583
52 67.769 77.925 90.016 104.444 121.696 142.363
53 69.447 80.094 92.817 108.056 126.347 148.346
54 71.141 82.295 95.673 111.757 131.137 154.538
55 72.852 84.530 98.587 115.551 136.072 160.947
56 74.581 86.798 101.558 119.440 141.154 167.580
57 76.327 89.100 104.589 123.426 146.388 174.445
58 78.090 91.436 107.681 127.511 151.780 181.551
59 79.871 93.808 110.835 131.699 157.333 188.905
60 81.670 96.215 114.052 135.992 163.053 196.517
61 83.486 98.658 117.333 140.391 168.945 204.395
62 85.321 101.138 120.679 144.901 175.013 212.549
63 87.174 103.655 124.093 149.524 181.264 220.988
64 89.046 106.210 127.575 154.262 187.702 229.723
65 90.937 108.803 131.126 159.118 194.333 238.763
 66 92.846 111.435 134.749 164.096 201.163 248.120
67 94.774 114.106 138.444 169.199 208.198 257.804
68 96.722 116.818 142.213 174.429 215.444 267.827
69 98.689 119.570 146.057 179.789 222.907 278.201
70 100.676 122.364 149.978 185.284 230.594 288.938
71 102.683 125.199 153.977 190.916 238.512 300.051
72 104.710 128.077 158.057 196.689 246.667 311.552
73 106.757 130.998 162.218 202.606 255.067 323.457
74 108.825 133.963 166.463 208.672 263.719 335.778
75 110.913 136.973 170.792 214.888 272.631 348.530
76 113.022 140.027 175.208 221.261 281.810 361.729
77 115.152 143.128 179.712 227.792 291.264 375.389
78 117.304 146.275 184.306 234.487 301.002 389.528
79 119.477 149.469 188.992 241.349 311.032 404.161
80 121.672 152.711 193.772 248.383 321.363 419.307
81 123.888 156.002 198.647 255.592 332.004 434.983
82 126.127 159.342 203.620 262.982 342.964 451.207
83 128.388 162.732 208.693 270.557 354.253 467.999
84 130.672 166.173 213.867 278.321 365.881 485.379
85 132.979 169.665 219.144 286.279 377.857 503.367
86 135.309 173.210 224.527 294.436 390.193 521.985
87 137.662 176.808 230.017 302.796 402.898 541.255
88 140.038 180.460 235.618 311.366 415.985 561.199
89 142.439 184.167 241.330 320.150 429.465 581.841
90 144.863 187.930 247.157 329.154 443.349 603.205
91 147.312 191.749 253.100 338.383 457.649 625.317
92 149.785 195.625 259.162 347.843 472.379 648.203
93 152.283 199.559 265.345 357.539 487.550 671.890
94 154.806 203.553 271.652 367.477 503.177 696.407
95 157.354 207.606 278.085 377.664 519.272 721.781
96 159.927 211.720 284.647 388.106 535.850 748.043
97 162.527 215.896 291.340 398.808 552.926 775.225
98 165.152 220.134 298.166 409.779 570.513 803.358
99 167.803 224.436 305.130 421.023 588.629 832.475
100 170.481 228.803 312.232 432.549 607.288 862.612
4.00% 4.50% 5.00% 5.50% 6.00% 6.50%
1.000 1.000 1.000 1.000 1.000 1.000

2.040 2.045 2.050 2.055 2.060 2.065

3.122 3.137 3.153 3.168 3.184 3.199

4.246 4.278 4.310 4.342 4.375 4.407

5.416 5.471 5.526 5.581 5.637 5.694

6.633 6.717 6.802 6.888 6.975 7.064

7.898 8.019 8.142 8.267 8.394 8.523

9.214 9.380 9.549 9.722 9.897 10.077

10.583 10.802 11.027 11.256 11.491 11.732

12.006 12.288 12.578 12.875 13.181 13.494

13.486 13.841 14.207 14.583 14.972 15.372

15.026 15.464 15.917 16.386 16.870 17.371

16.627 17.160 17.713 18.287 18.882 19.500

18.292 18.932 19.599 20.293 21.015 21.767

20.024 20.784 21.579 22.409 23.276 24.182

21.825 22.719 23.657 24.641 25.673 26.754

23.698 24.742 25.840 26.996 28.213 29.493

25.645 26.855 28.132 29.481 30.906 32.410

27.671 29.064 30.539 32.103 33.760 35.517

29.778 31.371 33.066 34.868 36.786 38.825

31.969 33.783 35.719 37.786 39.993 42.349

34.248 36.303 38.505 40.864 43.392 46.102

36.618 38.937 41.430 44.112 46.996 50.098

39.083 41.689 44.502 47.538 50.816 54.355

41.646 44.565 47.727 51.153 54.865 58.888

44.312 47.571 51.113 54.966 59.156 63.715

47.084 50.711 54.669 58.989 63.706 68.857

49.968 53.993 58.403 63.234 68.528 74.333

52.966 57.423 62.323 67.711 73.640 80.164

56.085 61.007 66.439 72.435 79.058 86.375

59.328 64.752 70.761 77.419 84.802 92.989

62.701 68.666 75.299 82.677 90.890 100.034

66.210 72.756 80.064 88.225 97.343 107.536

69.858 77.030 85.067 94.077 104.184 115.526

73.652 81.497 90.320 100.251 111.435 124.035

77.598 86.164 95.836 106.765 119.121 133.097

81.702 91.041 101.628 113.637 127.268 142.748

85.970 96.138 107.710 120.887 135.904 153.027

90.409 101.464 114.095 128.536 145.058 163.974

95.026 107.030 120.800 136.606 154.762 175.632

99.827 112.847 127.840 145.119 165.048 188.048

104.820 118.925 135.232 154.100 175.951 201.271

110.012 125.276 142.993 163.576 187.508 215.354

115.413 131.914 151.143 173.573 199.758 230.352

121.029 138.850 159.700 184.119 212.744 246.325

126.871 146.098 168.685 195.246 226.508 263.336

132.945 153.673 178.119 206.984 241.099 281.453

139.263 161.588 188.025 219.368 256.565 300.747

145.834 169.859 198.427 232.434 272.958 321.295

152.667 178.503 209.348 246.217 290.336 343.180

159.774 187.536 220.815 260.759 308.756 366.486

167.165 196.975 232.856 276.101 328.281 391.308

174.851 206.839 245.499 292.287 348.978 417.743

182.845 217.146 258.774 309.363 370.917 445.896

191.159 227.918 272.713 327.377 394.172 475.880

199.806 239.174 287.348 346.383 418.822 507.812

208.798 250.937 302.716 366.434 444.952 541.819

218.150 263.229 318.851 387.588 472.649 578.038

227.876 276.075 335.794 409.906 502.008 616.610

237.991 289.498 353.584 433.450 533.128 657.690

248.510 303.525 372.263 458.290 566.116 701.440

259.451 318.184 391.876 484.496 601.083 748.033

270.829 333.502 412.470 512.143 638.148 797.655

282.662 349.510 434.093 541.311 677.437 850.503

294.968 366.238 456.798 572.083 719.083 906.786

307.767 383.719 480.638 604.548 763.228 966.727

321.078 401.986 505.670 638.798 810.022 1030.564

334.921 421.075 531.953 674.932 859.623 1098.551

349.318 441.024 559.551 713.053 912.200 1170.956

364.290 461.870 588.529 753.271 967.932 1248.069

379.862 483.654 618.955 795.701 1027.008 1330.193

396.057 506.418 650.903 840.465 1089.629 1417.656

412.899 530.207 684.448 887.690 1156.006 1510.803

430.415 555.066 719.670 937.513 1226.367 1610.006

448.631 581.044 756.654 990.076 1300.949 1715.656

467.577 608.191 795.486 1045.531 1380.006 1828.174

487.280 636.560 836.261 1104.035 1463.806 1948.005

507.771 666.205 879.074 1165.757 1552.634 2075.625

529.082 697.184 924.027 1230.873 1646.792 2211.541

551.245 729.558 971.229 1299.571 1746.600 2356.291

574.295 763.388 1020.790 1372.048 1852.396 2510.450

598.267 798.740 1072.830 1448.510 1964.540 2674.629

623.197 835.684 1127.471 1529.179 2083.412 2849.480

649.125 874.289 1184.845 1614.283 2209.417 3035.696

676.090 914.632 1245.087 1704.069 2342.982 3234.016

704.134 956.791 1308.341 1798.793 2484.561 3445.227

733.299 1000.846 1374.758 1898.726 2634.634 3670.167

763.631 1046.884 1444.496 2004.156 2793.712 3909.728

795.176 1094.994 1517.721 2115.385 2962.335 4164.860

827.983 1145.269 1594.607 2232.731 3141.075 4436.576

862.103 1197.806 1675.338 2356.531 3330.540 4725.954

897.587 1252.707 1760.105 2487.140 3531.372 5034.141

934.490 1310.079 1849.110 2624.933 3744.254 5362.360

972.870 1370.033 1942.565 2770.304 3969.910 5711.913

1012.785 1432.684 2040.694 2923.671 4209.104 6084.188

1054.296 1498.155 2143.728 3085.473 4462.651 6480.660

1097.468 1566.572 2251.915 3256.174 4731.410 6902.903

1142.367 1638.068 2365.510 3436.264 5016.294 7352.591

1189.061 1712.781 2484.786 3626.258 5318.272 7831.510

1237.624 1790.856 2610.025 3826.702 5638.368 8341.558

7.00% 7.50% 8.00% 8.50% 9.00% 9.50%
1.000 1.000 1.000 1.000 1.000 1.000

2.070 2.075 2.080 2.085 2.090 2.095

3.215 3.231 3.246 3.262 3.278 3.294

4.440 4.473 4.506 4.540 4.573 4.607

5.751 5.808 5.867 5.925 5.985 6.045

7.153 7.244 7.336 7.429 7.523 7.619

8.654 8.787 8.923 9.060 9.200 9.343

10.260 10.446 10.637 10.831 11.028 11.230

11.978 12.230 12.488 12.751 13.021 13.297

13.816 14.147 14.487 14.835 15.193 15.560

15.784 16.208 16.645 17.096 17.560 18.039

17.888 18.424 18.977 19.549 20.141 20.752

20.141 20.806 21.495 22.211 22.953 23.724

22.550 23.366 24.215 25.099 26.019 26.977

25.129 26.118 27.152 28.232 29.361 30.540

27.888 29.077 30.324 31.632 33.003 34.442

30.840 32.258 33.750 35.321 36.974 38.714

33.999 35.677 37.450 39.323 41.301 43.391

37.379 39.353 41.446 43.665 46.018 48.513

40.995 43.305 45.762 48.377 51.160 54.122

44.865 47.553 50.423 53.489 56.765 60.264

49.006 52.119 55.457 59.036 62.873 66.989

53.436 57.028 60.893 65.054 69.532 74.353

58.177 62.305 66.765 71.583 76.790 82.416

63.249 67.978 73.106 78.668 84.701 91.246

68.676 74.076 79.954 86.355 93.324 100.914

74.484 80.632 87.351 94.695 102.723 111.501

80.698 87.679 95.339 103.744 112.968 123.094

87.347 95.255 103.966 113.562 124.135 135.788

 94.461 103.399 113.283 124.215 136.308 149.688

102.073 112.154 123.346 135.773 149.575 164.908

110.218 121.566 134.214 148.314 164.037 181.574

118.933 131.683 145.951 161.920 179.800 199.824

128.259 142.560 158.627 176.684 196.982 219.807

138.237 154.252 172.317 192.702 215.711 241.688

148.913 166.820 187.102 210.081 236.125 265.649

160.337 180.332 203.070 228.938 258.376 291.886

172.561 194.857 220.316 249.398 282.630 320.615

185.640 210.471 238.941 271.597 309.066 352.073

199.635 227.257 259.057 295.683 337.882 386.520

214.610 245.301 280.781 321.816 369.292 424.239

230.632 264.698 304.244 350.170 403.528 465.542

247.776 285.551 329.583 380.934 440.846 510.769

266.121 307.967 356.950 414.314 481.522 560.292

285.749 332.065 386.506 450.530 525.859 614.519

306.752 357.969 418.426 489.825 574.186 673.899

329.224 385.817 452.900 532.461 626.863 738.919

353.270 415.753 490.132 578.720 684.280 810.116

378.999 447.935 530.343 628.911 746.866 888.077

406.529 482.530 573.770 683.368 815.084 973.445

435.986 519.720 620.672 742.455 889.441 1066.922

467.505 559.699 671.326 806.563 970.491 1169.280

501.230 602.676 726.032 876.121 1058.835 1281.361

537.316 648.877 785.114 951.592 1155.130 1404.091

575.929 698.543 848.923 1033.477 1260.092 1538.479

617.244 751.933 917.837 1122.322 1374.500 1685.635

661.451 809.328 992.264 1218.720 1499.205 1846.770

708.752 871.028 1072.645 1323.311 1635.134 2023.213

759.365 937.355 1159.457 1436.792 1783.296 2216.418

813.520 1008.657 1253.213 1559.920 1944.792 2427.978

871.467 1085.306 1354.470 1693.513 2120.823 2659.636

933.469 1167.704 1463.828 1838.462 2312.698 2913.301

999.812 1256.281 1581.934 1995.731 2521.840 3191.065

1070.799 1351.503 1709.489 2166.368 2749.806 3495.216

1146.755 1453.865 1847.248 2351.509 2998.288 3828.262

1228.028 1563.905 1996.028 2552.387 3269.134 4192.947

1314.990 1682.198 2156.710 2770.340 3564.357 4592.277

1408.039 1809.363 2330.247 3006.819 3886.149 5029.543

1507.602 1946.065 2517.667 3263.399 4236.902 5508.349

1614.134 2093.020 2720.080 3541.788 4619.223 6032.643

1728.124 2250.997 2938.686 3843.840 5035.953 6606.744

1850.092 2420.821 3174.781 4171.566 5490.189 7235.384

1980.599 2603.383 3429.764 4527.149 5985.306 7923.746

2120.241 2799.637 3705.145 4912.957 6524.984 8677.502

2269.657 3010.609 4002.557 5331.558 7113.232 9502.864

2429.533 3237.405 4323.761 5785.741 7754.423 10406.637

2600.601 3481.210 4670.662 6278.529 8453.321 11396.267

2783.643 3743.301 5045.315 6813.204 9215.120 12479.912

2979.498 4025.049 5449.940 7393.326 10045.481 13666.504

3189.063 4327.927 5886.935 8022.759 10950.574 14965.822

3413.297 4653.522 6358.890 8705.693 11937.126 16388.575

3653.228 5003.536 6868.601 9446.677 13012.467 17946.490

3909.954 5379.801 7419.090 10250.645 14184.589 19652.406

4184.651 5784.286 8013.617 11122.950 15462.202 21520.385

4478.576 6219.108 8655.706 12069.400 16854.800 23565.821

4793.076 6686.541 9349.163 13096.299 18372.732 25805.574

5129.592 7189.032 10098.096 14210.485 20027.278 28258.104

5489.663 7729.209 10906.943 15419.376 21830.733 30943.624

5874.940 8309.900 11780.499 16731.023 23796.499 33884.268

6287.185 8934.142 12723.939 18154.160 25939.184 37104.273

6728.288 9605.203 13742.854 19698.264 28274.711 40630.179

7200.269 10326.593 14843.282 21373.616 30820.435 44491.046

7705.287 11102.088 16031.745 23191.373 33595.274 48718.696

8245.658 11935.744 17315.284 25163.640 36619.849 53347.972

8823.854 12831.925 18701.507 27303.550 39916.635 58417.029

9442.523 13795.319 20198.627 29625.351 43510.132 63967.647

10104.500 14830.968 21815.518 32144.506 47427.044 70045.573

10812.815 15944.291 23561.759 34877.789 51696.478 76700.903

11570.712 17141.113 25447.700 37843.401 56350.161 83988.489

12381.662 18427.696 27484.516 41061.090 61422.675 91968.395

10.00% 10.50% 11.00% 11.50% 12.00% 12.50% 13.00%
1.000 1.000 1.000 1.000 1.000 1.000 1.000

2.100 2.105 2.110 2.115 2.120 2.125 2.130

3.310 3.326 3.342 3.358 3.374 3.391 3.407

4.641 4.675 4.710 4.744 4.779 4.814 4.850

6.105 6.166 6.228 6.290 6.353 6.416 6.480

7.716 7.814 7.913 8.013 8.115 8.218 8.323

9.487 9.634 9.783 9.935 10.089 10.246 10.405

11.436 11.646 11.859 12.077 12.300 12.526 12.757

13.579 13.868 14.164 14.466 14.776 15.092 15.416

15.937 16.325 16.722 17.130 17.549 17.979 18.420

18.531 19.039 19.561 20.100 20.655 21.226 21.814

21.384 22.038 22.713 23.411 24.133 24.879 25.650

24.523 25.352 26.212 27.104 28.029 28.989 29.985

27.975 29.014 30.095 31.221 32.393 33.613 34.883

31.772 33.060 34.405 35.811 37.280 38.814 40.417

35.950 37.531 39.190 40.929 42.753 44.666 46.672

40.545 42.472 44.501 46.636 48.884 51.249 53.739

45.599 47.932 50.396 52.999 55.750 58.655 61.725

51.159 53.965 56.939 60.094 63.440 66.987 70.749

57.275 60.631 64.203 68.005 72.052 76.361 80.947

64.002 67.997 72.265 76.826 81.699 86.906 92.470

71.403 76.137 81.214 86.661 92.503 98.769 105.491

79.543 85.131 91.148 97.627 104.603 112.115 120.205

88.497 95.070 102.174 109.854 118.155 127.130 136.831

98.347 106.052 114.413 123.487 133.334 144.021 155.620

109.182 118.188 127.999 138.688 150.334 163.023 176.850

121.100 131.597 143.079 155.637 169.374 184.401 200.841

134.210 146.415 159.817 174.535 190.699 208.452 227.950

148.631 162.789 178.397 195.607 214.583 235.508 258.583

164.494 180.881 199.021 219.101 241.333 265.946 293.199

181.943 200.874 221.913 245.298 271.293 300.190 332.315

201.138 222.966 247.324 274.507 304.848 338.713 376.516

222.252 247.377 275.529 307.076 342.429 382.053 426.463

245.477 274.352 306.837 343.389 384.521 430.809 482.903

271.024 304.159 341.590 383.879 431.663 485.660 546.681

299.127 337.095 380.164 429.025 484.463 547.368 618.749

330.039 373.490 422.982 479.363 543.599 616.789 700.187

364.043 413.707 470.511 535.490 609.831 694.888 792.211

401.448 458.146 523.267 598.071 684.010 782.748 896.198

442.593 507.252 581.826 667.850 767.091 881.592 1013.704

487.852 561.513 646.827 745.652 860.142 992.791 1146.486

537.637 621.472 718.978 832.402 964.359 1117.890 1296.529

592.401 687.726 799.065 929.129 1081.083 1258.626 1466.078

652.641 760.938 887.963 1036.978 1211.813 1416.954 1657.668

718.905 841.836 986.639 1157.231 1358.230 1595.074 1874.165

791.795 931.229 1096.169 1291.312 1522.218 1795.458 2118.806

871.975 1030.008 1217.747 1440.813 1705.884 2020.890 2395.251

960.172 1139.159 1352.700 1607.507 1911.590 2274.501 2707.633

1057.190 1259.770 1502.497 1793.370 2141.981 2559.814 3060.626

1163.909 1393.046 1668.771 2000.608 2400.018 2880.791 3459.507

1281.299 1540.316 1853.336 2231.678 2689.020 3241.890 3910.243

1410.429 1703.049 2058.203 2489.321 3012.703 3648.126 4419.575

1552.472 1882.870 2285.605 2776.592 3375.227 4105.142 4995.119

1708.719 2081.571 2538.022 3096.901 3781.255 4619.284 5645.485

1880.591 2301.136 2818.204 3454.044 4236.005 5197.695 6380.398

2069.651 2543.755 3129.207 3852.259 4745.326 5848.407 7210.850

2277.616 2811.849 3474.419 4296.269 5315.765 6580.458 8149.260

2506.377 3108.094 3857.606 4791.340 5954.656 7404.015 9209.664

2758.015 3435.443 4282.942 5343.344 6670.215 8330.517 10407.920

3034.816 3797.165 4755.066 5958.829 7471.641 9372.831 11761.950

3339.298 4196.867 5279.123 6645.094 8369.238 10545.435 13292.003

3674.228 4638.538 5860.827 7410.280 9374.547 11864.615 15020.964

4042.651 5126.585 6506.518 8263.462 10500.492 13348.692 16974.689

4447.916 5665.876 7223.234 9214.760 11761.551 15018.278 19182.399

4893.707 6261.793 8018.790 10275.458 13173.937 16896.563 21677.110

 5384.078 6920.282 8901.857 11458.135 14755.810 19009.633 24496.135

5923.486 7647.911 9882.061 12776.821 16527.507 21386.837 27681.632

6516.834 8451.942 10970.088 14247.155 18511.808 24061.192 31281.244

7169.518 9340.396 12177.798 15886.578 20734.225 27069.841 35348.806

7887.470 10322.138 13518.356 17714.534 23223.332 30454.571 39945.151

8677.217 11406.962 15006.375 19752.706 26011.132 34262.393 45139.021

9545.938 12605.693 16658.076 22025.267 29133.468 38546.192 51008.093

10501.532 13930.291 18491.464 24559.173 32630.484 43365.466 57640.145

11552.685 15393.971 20526.526 27384.478 36547.142 48787.149 65134.364

12708.954 17011.338 22785.443 30534.693 40933.799 54886.543 73602.832

13980.849 18798.529 25292.842 34047.182 45846.855 61748.360 83172.200

15379.934 20773.374 28076.055 37963.608 51349.477 69467.905 93985.586

16918.927 22955.579 31165.421 42330.423 57512.414 78152.394 106204.712

18611.820 25366.914 34594.617 47199.422 64414.904 87922.443 120012.324

20474.002 28031.440 38401.025 52628.355 72145.693 98913.748 135614.927

22522.402 30975.742 42626.138 58681.616 80804.176 111278.967 153245.867

24775.643 34229.194 47316.013 65431.002 90501.677 125189.838 173168.830

27254.207 37824.260 52521.774 72956.567 101362.878 140839.567 195681.778

29980.628 41796.807 58300.170 81347.573 113527.423 158445.513 221121.409

32979.690 46186.472 64714.188 90703.544 127151.714 178252.202 249868.192

36278.659 51037.051 71833.749 101135.451 142410.920 200534.728 282352.057

39907.525 56396.942 79736.461 112767.028 159501.230 225602.569 319058.824

43899.278 62319.621 88508.472 125736.236 178642.378 253803.890 360537.471

48290.206 68864.181 98245.404 140196.903 200080.463 285530.376 407408.343

53120.226 76095.920 109053.398 156320.547 224091.119 321222.673 460372.427

58433.249 84086.992 121050.272 174298.410 250983.053 361376.507 520221.843

64277.574 92917.126 134366.802 194343.727 281102.019 406549.570 587851.682

70706.331 102674.424 149148.150 216694.256 314835.261 457369.266 664273.401

77777.964 113456.238 165555.447 241615.095 352616.493 514541.425 750629.943

85556.760 125370.143 183767.546 269401.831 394931.472 578860.103 848212.835

94113.437 138535.009 203982.976 300384.042 442324.248 651218.616 958481.504

103525.780 153082.184 226422.103 334929.207 495404.158 732621.943 1083085.100

113879.358 169156.814 251329.535 373447.065 554853.657 824200.686 1223887.163

125268.294 186919.279 278976.784 416394.478 621437.096 927226.771 1382993.494

137796.123 206546.804 309665.230 464280.843 696010.548 1043131.118 1562783.648

13.50% 14.00% 14.50% 15.00% 15.50% 16.00% 16.50%
1.000 1.000 1.000 1.000 1.000 1.000 1.000

2.135 2.140 2.145 2.150 2.155 2.160 2.165

3.423 3.440 3.456 3.473 3.489 3.506 3.522

4.885 4.921 4.957 4.993 5.030 5.066 5.103

6.545 6.610 6.676 6.742 6.809 6.877 6.945

8.428 8.536 8.644 8.754 8.865 8.977 9.091

10.566 10.730 10.897 11.067 11.239 11.414 11.592

12.993 13.233 13.477 13.727 13.981 14.240 14.504

15.747 16.085 16.432 16.786 17.148 17.519 17.897

18.873 19.337 19.814 20.304 20.806 21.321 21.850

22.420 23.045 23.687 24.349 25.031 25.733 26.456

26.447 27.271 28.122 29.002 29.911 30.850 31.821

31.017 32.089 33.200 34.352 35.547 36.786 38.071

36.205 37.581 39.014 40.505 42.057 43.672 45.353

42.092 43.842 45.671 47.580 49.575 51.660 53.836

48.775 50.980 53.293 55.717 58.260 60.925 63.719

56.360 59.118 62.020 65.075 68.290 71.673 75.233

64.968 68.394 72.013 75.836 79.875 84.141 88.647

74.739 78.969 83.455 88.212 93.255 98.603 104.273

85.829 91.025 96.556 102.444 108.710 115.380 122.478

98.415 104.768 111.557 118.810 126.560 134.841 143.687

112.701 120.436 128.732 137.632 147.177 157.415 168.396

128.916 138.297 148.399 159.276 170.989 183.601 197.181

147.320 158.659 170.917 184.168 198.493 213.978 230.716

168.208 181.871 196.699 212.793 230.259 249.214 269.784

191.916 208.333 226.221 245.712 266.949 290.088 315.298

218.825 238.499 260.023 283.569 309.326 337.502 368.322

249.366 272.889 298.726 327.104 358.272 392.503 430.096

284.031 312.094 343.041 377.170 414.804 456.303 502.061

 323.375 356.787 393.782 434.745 480.099 530.312 585.901

368.030 407.737 451.881 500.957 555.514 616.162 683.575

418.714 465.820 518.404 577.100 642.619 715.747 797.365

476.241 532.035 594.572 664.666 743.225 831.267 929.930

541.533 607.520 681.785 765.365 859.425 965.270 1084.369

615.640 693.573 781.644 881.170 993.635 1120.713 1264.290

699.752 791.673 895.982 1014.346 1148.649 1301.027 1473.897

795.218 903.507 1026.900 1167.498 1327.689 1510.191 1718.090

903.573 1030.998 1176.800 1343.622 1534.481 1752.822 2002.575

1026.555 1176.338 1348.436 1546.165 1773.326 2034.273 2334.000

1166.140 1342.025 1544.960 1779.090 2049.191 2360.757 2720.110

1324.569 1530.909 1769.979 2046.954 2367.816 2739.478 3169.928

1504.386 1746.236 2027.626 2354.997 2735.827 3178.795 3693.967

1708.478 1991.709 2322.631 2709.246 3160.881 3688.402 4304.471

1940.123 2271.548 2660.413 3116.633 3651.817 4279.546 5015.709

2203.039 2590.565 3047.173 3585.128 4218.849 4965.274 5844.301

2501.449 2954.244 3490.013 4123.898 4873.770 5760.718 6809.610

2840.145 3368.838 3997.065 4743.482 5630.205 6683.433 7934.196

3224.565 3841.475 4577.639 5456.005 6503.887 7753.782 9244.339

3660.881 4380.282 5242.397 6275.405 7512.989 8995.387 10770.654

4156.100 4994.521 6003.544 7217.716 8678.502 10435.649 12548.812

4718.173 5694.754 6875.058 8301.374 10024.670 12106.353 14620.366

5356.127 6493.020 7872.942 9547.580 11579.494 14044.369 17033.727

6080.204 7403.043 9015.518 10980.717 13375.315 16292.468 19845.292

6902.031 8440.469 10323.768 12628.824 15449.489 18900.263 23120.765

7834.805 9623.134 11821.715 14524.148 17845.160 21925.305 26936.691

8893.504 10971.373 13536.864 16703.770 20612.160 25434.354 31382.245

10095.127 12508.365 15500.709 19210.336 23808.045 29504.850 36561.316

11458.969 14260.537 17749.311 22092.886 27499.292 34226.626 42594.933

13006.930 16258.012 20323.962 25407.819 31762.682 39703.887 49624.097

14763.866 18535.133 23271.936 29219.992 36686.898 46057.509 57813.073

16757.987 21131.052 26647.367 33603.990 42374.367 53427.710 67353.230

19021.316 24090.399 30512.235 38645.589 48943.394 61977.143 78467.513

21590.193 27464.055 34937.509 44443.427 56530.620 71894.486 91415.652

24505.869 31310.023 40004.448 51110.941 65293.866 83398.604 106500.235

27815.162 35694.426 45806.093 58778.583 75415.415 96743.381 124073.774

 31571.209 40692.646 52448.976 67596.370 87105.804 112223.322 144546.946

35834.322 46390.616 60055.078 77736.825 100608.204 130180.053 168398.192

40672.955 52886.302 68764.064 89398.349 116203.476 151009.862 196184.894

46164.804 60291.385 78735.854 102809.102 134216.014 175172.440 228556.402

52398.053 68733.178 90153.552 118231.467 155020.497 203201.030 266269.208

59472.790 78356.823 103226.817 135967.187 179049.674 235714.195 310204.627

67502.616 89327.779 118195.706 156363.265 206803.373 273429.466 361389.391

76616.470 101834.668 135335.083 179818.755 238858.896 317179.181 421019.640

86960.693 116092.521 154959.670 206792.568 275883.025 367928.850 490488.881

98701.387 132346.474 177429.823 237812.453 318645.893 426798.466 571420.546

112027.074 150875.981 203158.147 273485.321 368037.007 495087.220 665705.936

127151.729 171999.618 232617.078 314509.119 425083.743 574302.176 775548.415

144318.212 196080.564 266347.554 361686.487 490972.723 666191.524 903514.904

163802.171 223532.843 304968.950 415940.460 567074.495 772783.168 1052595.863

185916.464 254828.441 349190.447 478332.529 654972.042 896429.474 1226275.181

211016.187 290505.423 399824.062 550083.409 756493.709 1039859.190 1428611.585

239504.372 331177.183 457799.551 632596.920 873751.233 1206237.661 1664333.497

271838.462 377542.988 524181.486 727487.458 1009183.675 1399236.686 1938949.524

308537.654 430400.006 600188.802 836611.577 1165608.144 1623115.556 2258877.195

350191.238 490657.007 687217.178 962104.313 1346278.406 1882815.045 2631592.933

397468.055 559349.988 786864.669 1106420.960 1554952.559 2184066.452 3065806.766

451127.242 637659.987 900961.046 1272385.104 1795971.206 2533518.085 3571665.883

512030.420 726933.385 1031601.398 1463243.870 2074347.743 2938881.978 4160991.754

581155.527 828705.059 1181184.600 1682731.450 2395872.643 3409104.095 4847556.393

659612.523 944724.767 1352457.367 1935142.168 2767233.903 3954561.750 5647404.198

748661.213 1076987.234 1548564.686 2225414.493 3196156.158 4587292.630 6579226.890

849731.477 1227766.447 1773107.565 2559227.667 3691561.362 5321260.451 7664800.327

964446.226 1399654.750 2030209.162 2943112.817 4263754.374 6172663.123 8929493.381

1094647.467 1595607.415 2324590.490 3384580.740 4924637.302 7160290.223 10402860.789

1242425.875 1818993.453 2661657.112 3892268.851 5687957.083 8305937.658 12119333.819

1410154.368 2073653.536 3047598.393 4476110.179 6569591.431 9634888.684 14119024.899

1600526.208 2363966.031 3489501.160 5147527.705 7587879.103 11176471.873 16448665.008

1816598.246 2694922.276 3995479.828 5919657.861 8764001.364 12964708.373 19162695.734

2061840.009 3072212.394 4574825.403 6807607.540 10122422.576 15039062.712 22324541.530

2340189.410 3502323.129 5238176.086 7828749.671 11691399.075 17445313.746 26008091.883

17.00% 17.50% 18.00% 18.50% 19.00% 19.50% 20.00%
1.000 1.000 1.000 1.000 1.000 1.000 1.000

2.170 2.175 2.180 2.185 2.190 2.195 2.200

3.539 3.556 3.572 3.589 3.606 3.623 3.640

5.141 5.178 5.215 5.253 5.291 5.330 5.368

7.014 7.084 7.154 7.225 7.297 7.369 7.442

9.207 9.324 9.442 9.562 9.683 9.806 9.930

11.772 11.955 12.142 12.331 12.523 12.718 12.916

14.773 15.048 15.327 15.612 15.902 16.198 16.499

18.285 18.681 19.086 19.500 19.923 20.356 20.799

22.393 22.950 23.521 24.107 24.709 25.326 25.959

27.200 27.966 28.755 29.567 30.404 31.264 32.150

32.824 33.860 34.931 36.037 37.180 38.361 39.581

39.404 40.786 42.219 43.704 45.244 46.841 48.497

47.103 48.923 50.818 52.790 54.841 56.975 59.196

56.110 58.485 60.965 63.556 66.261 69.085 72.035

66.649 69.720 72.939 76.313 79.850 83.557 87.442

78.979 82.921 87.068 91.431 96.022 100.851 105.931

93.406 98.432 103.740 109.346 115.266 121.517 128.117

110.285 116.658 123.414 130.575 138.166 146.212 154.740

130.033 138.073 146.628 155.732 165.418 175.724 186.688

153.139 163.235 174.021 185.542 197.847 210.990 225.026

180.172 192.801 206.345 220.867 236.438 253.133 271.031

211.801 227.542 244.487 262.728 282.362 303.494 326.237

248.808 268.362 289.494 312.332 337.010 363.675 392.484

292.105 316.325 342.603 371.114 402.042 435.592 471.981

342.763 372.682 405.272 440.770 479.431 521.533 567.377

402.032 438.901 479.221 523.312 571.522 624.231 681.853

471.378 516.709 566.481 621.125 681.112 746.956 819.223

552.512 608.133 669.447 737.033 811.523 893.613 984.068

 647.439 715.556 790.948 874.384 966.712 1068.868 1181.882

758.504 841.778 934.319 1037.145 1151.387 1278.297 1419.258

888.449 990.089 1103.496 1230.017 1371.151 1528.565 1704.109

1040.486 1164.355 1303.125 1458.570 1632.670 1827.635 2045.931

1218.368 1369.117 1538.688 1729.406 1943.877 2185.023 2456.118

1426.491 1609.713 1816.652 2050.346 2314.214 2612.103 2948.341

1669.994 1892.412 2144.649 2430.660 2754.914 3122.463 3539.009

1954.894 2224.584 2531.686 2881.332 3279.348 3732.343 4247.811

2288.225 2614.887 2988.389 3415.378 3903.424 4461.150 5098.373

2678.224 3073.492 3527.299 4048.223 4646.075 5332.074 6119.048

3134.522 3612.353 4163.213 4798.144 5529.829 6372.829 7343.858

3668.391 4245.515 4913.591 5686.801 6581.496 7616.531 8813.629

4293.017 4989.480 5799.038 6739.859 7832.981 9102.754 10577.355

5023.830 5863.639 6843.865 7987.733 9322.247 10878.791 12693.826

5878.881 6890.775 8076.760 9466.464 11094.474 13001.155 15233.592

6879.291 8097.661 9531.577 11218.759 13203.424 15537.381 18281.310

8049.770 9515.752 11248.261 13295.230 15713.075 18568.170 21938.572

9419.231 11182.008 13273.948 15755.848 18699.559 22189.963 26327.286

11021.500 13139.860 15664.259 18671.679 22253.475 26518.006 31593.744

12896.155 15440.335 18484.825 22126.940 26482.636 31690.017 37913.492

15089.502 18143.394 21813.094 26221.424 31515.336 37870.570 45497.191

17655.717 21319.487 25740.451 31073.387 37504.250 45256.332 54597.629

20658.189 25051.398 30374.732 36822.964 44631.058 54082.316 65518.155

24171.081 29436.392 35843.183 43636.212 53111.959 64629.368 78622.786

28281.165 34588.761 42295.956 51709.911 63204.231 77233.095 94348.343

33089.963 40642.794 49910.228 61277.245 75214.035 92294.548 113219.011

38716.256 47756.283 58895.070 72614.535 89505.701 110292.985 135863.814

45299.020 56114.633 69497.182 86049.225 106512.785 131801.117 163037.576

53000.853 65935.693 82007.675 101969.331 126751.214 157503.335 195646.092

62011.998 77475.440 96770.056 120834.657 150834.944 188217.486 234776.310

72555.038 91034.642 114189.666 143190.069 179494.584 224920.895 281732.572

84890.395 106966.704 134744.806 169681.232 213599.555 268781.470 338080.086

99322.762 125686.877 158999.872 201073.260 254184.470 321194.857 405697.103

116208.631 147683.081 187620.848 238272.813 302480.519 383828.854 486837.524

135965.098 173528.620 221393.601 282354.283 359952.818 458676.480 584206.029

159080.165 203897.129 261245.449 334590.825 428344.854 548119.394 701048.235

 186124.793 239580.126 308270.630 396491.128 509731.376 655003.676 841258.881

217767.008 281507.648 363760.344 469842.987 606581.337 782730.393 1009511.658

254788.400 330772.487 429238.206 556764.939 721832.791 935363.819 1211414.989

298103.427 388658.672 506502.083 659767.453 858982.021 1117760.764 1453698.987

348782.010 456674.939 597673.458 781825.431 1022189.606 1335725.113 1744439.785

408075.952 536594.054 705255.680 926464.136 1216406.631 1596192.510 2093328.742

477449.864 630499.013 832202.702 1097861.002 1447524.890 1907451.049 2511995.490

558617.341 740837.340 982000.189 1300966.287 1722555.620 2279405.004 3014395.588

653583.288 870484.875 1158761.223 1541646.050 2049842.187 2723889.980 3617275.705

764693.447 1022820.728 1367339.243 1826851.569 2439313.203 3255049.526 4340731.847

894692.334 1201815.355 1613461.307 2164820.109 2902783.711 3889785.183 5208879.216

1046791.030 1412134.042 1903885.342 2565312.830 3454313.617 4648294.294 6250656.059

1224746.505 1659258.500 2246585.703 3039896.703 4110634.204 5554712.681 7500788.271

1432954.411 1949629.737 2650972.130 3602278.593 4891655.703 6637882.654 9000946.925

1676557.661 2290815.941 3128148.113 4268701.133 5821071.286 7932270.771 10801137.310

1961573.464 2691709.731 3691215.774 5058411.842 6927075.830 9479064.572 12961365.772

2295041.952 3162759.934 4355635.613 5994219.033 8243221.238 11327483.163 15553639.926

2685200.084 3716243.922 5139651.023 7103150.554 9809434.273 13536343.380 18664368.912

3141685.099 4366587.609 6064789.207 8417234.407 11673227.785 16175931.339 22397243.694

3675772.566 5130741.440 7156452.265 9974423.772 13891142.065 19330238.950 26876693.433

4300654.902 6028622.192 8444614.672 11819693.170 16530460.057 23099636.545 32252033.120

5031767.235 7083632.076 9964646.313 14006337.407 19671248.468 27604066.671 38702440.743

5887168.665 8323268.689 11758283.650 16597510.827 23408786.677 32986860.672 46442929.892

6887988.338 9779841.710 13874775.707 19668051.330 27856457.145 39419299.504 55731516.871

8058947.355 11491315.009 16372236.334 23306641.826 33149185.003 47106063.907 66877821.245

9428969.406 13502296.136 19319239.874 27618371.564 39447531.153 56291747.369 80253386.494

11031895.205 15865198.960 22796704.051 32727771.303 46942563.072 67268639.105 96304064.792

12907318.390 18641609.778 26900111.781 38782409.994 55861651.056 80386024.731 115564878.751

15101563.516 21903892.489 31742132.901 45957156.843 66475365.757 96061300.554 138677855.501

17668830.314 25737074.675 37455717.823 54459231.859 79105686.251 114793255.161 166413427.601

20672532.467 30241063.743 44197748.032 64534190.753 94135767.638 137177940.918 199696114.121

24186863.986 35533250.897 52153343.677 76473017.042 112021564.490 163927640.397 239635337.946

28298631.864 41751570.805 61540946.539 90620526.194 133305662.743 195893531.274 287562406.535

33109400.281 49058096.695 72618317.916 107385324.540 158633739.664 234092770.873 345074888.842

38737999.328 57643264.617 85689616.141 127251610.580 188774151.200 279740862.193 414089867.610

TABLA 9-2 9,-2 Valor presente un solo monto
VALOR PRESENTE DE $ 1.00
PV IF = 1
(1+i)^n
Periodos 1.00% 1.50% 2.00% 2.50% 3.00% 3.50%
1 0.990 0.985 0.980 0.976 0.971 0.966
2 0.980 0.971 0.961 0.952 0.943 0.934
3 0.971 0.956 0.942 0.929 0.915 0.902
4 0.961 0.942 0.924 0.906 0.888 0.871
5 0.951 0.928 0.906 0.884 0.863 0.842
6 0.942 0.915 0.888 0.862 0.837 0.814
7 0.933 0.901 0.871 0.841 0.813 0.786
8 0.923 0.888 0.853 0.821 0.789 0.759
9 0.914 0.875 0.837 0.801 0.766 0.734
10 0.905 0.862 0.820 0.781 0.744 0.709
11 0.896 0.849 0.804 0.762 0.722 0.685
12 0.887 0.836 0.788 0.744 0.701 0.662
13 0.879 0.824 0.773 0.725 0.681 0.639
14 0.870 0.812 0.758 0.708 0.661 0.618
15 0.861 0.800 0.743 0.690 0.642 0.597
16 0.853 0.788 0.728 0.674 0.623 0.577
17 0.844 0.776 0.714 0.657 0.605 0.557
18 0.836 0.765 0.700 0.641 0.587 0.538
19 0.828 0.754 0.686 0.626 0.570 0.520
20 0.820 0.742 0.673 0.610 0.554 0.503
21 0.811 0.731 0.660 0.595 0.538 0.486
22 0.803 0.721 0.647 0.581 0.522 0.469
23 0.795 0.710 0.634 0.567 0.507 0.453
24 0.788 0.700 0.622 0.553 0.492 0.438
25 0.780 0.689 0.610 0.539 0.478 0.423
26 0.772 0.679 0.598 0.526 0.464 0.409
27 0.764 0.669 0.586 0.513 0.450 0.395
28 0.757 0.659 0.574 0.501 0.437 0.382
29 0.749 0.649 0.563 0.489 0.424 0.369
30 0.742 0.640 0.552 0.477 0.412 0.356
31 0.735 0.630 0.541 0.465 0.400 0.344
32 0.727 0.621 0.531 0.454 0.388 0.333
33 0.720 0.612 0.520 0.443 0.377 0.321
34 0.713 0.603 0.510 0.432 0.366 0.310
35 0.706 0.594 0.500 0.421 0.355 0.300
36 0.699 0.585 0.490 0.411 0.345 0.290
37 0.692 0.576 0.481 0.401 0.335 0.280
38 0.685 0.568 0.471 0.391 0.325 0.271
39 0.678 0.560 0.462 0.382 0.316 0.261
40 0.672 0.551 0.453 0.372 0.307 0.253
41 0.665 0.543 0.444 0.363 0.298 0.244
42 0.658 0.535 0.435 0.354 0.289 0.236
43 0.652 0.527 0.427 0.346 0.281 0.228
44 0.645 0.519 0.418 0.337 0.272 0.220
45 0.639 0.512 0.410 0.329 0.264 0.213
46 0.633 0.504 0.402 0.321 0.257 0.205
47 0.626 0.497 0.394 0.313 0.249 0.199
48 0.620 0.489 0.387 0.306 0.242 0.192
49 0.614 0.482 0.379 0.298 0.235 0.185
50 0.608 0.475 0.372 0.291 0.228 0.179
51 0.602 0.468 0.364 0.284 0.221 0.173
52 0.596 0.461 0.357 0.277 0.215 0.167
53 0.590 0.454 0.350 0.270 0.209 0.161
54 0.584 0.448 0.343 0.264 0.203 0.156
55 0.579 0.441 0.337 0.257 0.197 0.151
56 0.573 0.434 0.330 0.251 0.191 0.146
57 0.567 0.428 0.323 0.245 0.185 0.141
58 0.562 0.422 0.317 0.239 0.180 0.136
59 0.556 0.415 0.311 0.233 0.175 0.131
60 0.550 0.409 0.305 0.227 0.170 0.127
61 0.545 0.403 0.299 0.222 0.165 0.123
62 0.540 0.397 0.293 0.216 0.160 0.118
63 0.534 0.391 0.287 0.211 0.155 0.114
64 0.529 0.386 0.282 0.206 0.151 0.111
65 0.524 0.380 0.276 0.201 0.146 0.107
 66 0.519 0.374 0.271 0.196 0.142 0.103
67 0.513 0.369 0.265 0.191 0.138 0.100
68 0.508 0.363 0.260 0.187 0.134 0.096
69 0.503 0.358 0.255 0.182 0.130 0.093
70 0.498 0.353 0.250 0.178 0.126 0.090
71 0.493 0.347 0.245 0.173 0.123 0.087
72 0.488 0.342 0.240 0.169 0.119 0.084
73 0.484 0.337 0.236 0.165 0.116 0.081
74 0.479 0.332 0.231 0.161 0.112 0.078
75 0.474 0.327 0.226 0.157 0.109 0.076
76 0.469 0.323 0.222 0.153 0.106 0.073
77 0.465 0.318 0.218 0.149 0.103 0.071
78 0.460 0.313 0.213 0.146 0.100 0.068
79 0.456 0.308 0.209 0.142 0.097 0.066
80 0.451 0.304 0.205 0.139 0.094 0.064
81 0.447 0.299 0.201 0.135 0.091 0.062
82 0.442 0.295 0.197 0.132 0.089 0.060
83 0.438 0.291 0.193 0.129 0.086 0.058
84 0.434 0.286 0.189 0.126 0.083 0.056
85 0.429 0.282 0.186 0.123 0.081 0.054
86 0.425 0.278 0.182 0.120 0.079 0.052
87 0.421 0.274 0.179 0.117 0.076 0.050
88 0.417 0.270 0.175 0.114 0.074 0.048
89 0.412 0.266 0.172 0.111 0.072 0.047
90 0.408 0.262 0.168 0.108 0.070 0.045
91 0.404 0.258 0.165 0.106 0.068 0.044
92 0.400 0.254 0.162 0.103 0.066 0.042
93 0.396 0.250 0.159 0.101 0.064 0.041
94 0.392 0.247 0.155 0.098 0.062 0.039
95 0.389 0.243 0.152 0.096 0.060 0.038
96 0.385 0.239 0.149 0.093 0.059 0.037
97 0.381 0.236 0.146 0.091 0.057 0.036
98 0.377 0.232 0.144 0.089 0.055 0.034
99 0.373 0.229 0.141 0.087 0.054 0.033
100 0.370 0.226 0.138 0.085 0.052 0.032
4.00% 4.50% 5.00% 5.50% 6.00% 6.50%
0.962 0.957 0.952 0.948 0.943 0.939

0.925 0.916 0.907 0.898 0.890 0.882

0.889 0.876 0.864 0.852 0.840 0.828

0.855 0.839 0.823 0.807 0.792 0.777

0.822 0.802 0.784 0.765 0.747 0.730

0.790 0.768 0.746 0.725 0.705 0.685

0.760 0.735 0.711 0.687 0.665 0.644

0.731 0.703 0.677 0.652 0.627 0.604

0.703 0.673 0.645 0.618 0.592 0.567

0.676 0.644 0.614 0.585 0.558 0.533

0.650 0.616 0.585 0.555 0.527 0.500

0.625 0.590 0.557 0.526 0.497 0.470

0.601 0.564 0.530 0.499 0.469 0.441

0.577 0.540 0.505 0.473 0.442 0.414

0.555 0.517 0.481 0.448 0.417 0.389

0.534 0.494 0.458 0.425 0.394 0.365

0.513 0.473 0.436 0.402 0.371 0.343

0.494 0.453 0.416 0.381 0.350 0.322

0.475 0.433 0.396 0.362 0.331 0.302

0.456 0.415 0.377 0.343 0.312 0.284

0.439 0.397 0.359 0.325 0.294 0.266

0.422 0.380 0.342 0.308 0.278 0.250

0.406 0.363 0.326 0.292 0.262 0.235

0.390 0.348 0.310 0.277 0.247 0.221

0.375 0.333 0.295 0.262 0.233 0.207

0.361 0.318 0.281 0.249 0.220 0.194

0.347 0.305 0.268 0.236 0.207 0.183

0.333 0.292 0.255 0.223 0.196 0.171

0.321 0.279 0.243 0.212 0.185 0.161

0.308 0.267 0.231 0.201 0.174 0.151

0.296 0.256 0.220 0.190 0.164 0.142

0.285 0.244 0.210 0.180 0.155 0.133

0.274 0.234 0.200 0.171 0.146 0.125

0.264 0.224 0.190 0.162 0.138 0.118

0.253 0.214 0.181 0.154 0.130 0.110

0.244 0.205 0.173 0.146 0.123 0.104

0.234 0.196 0.164 0.138 0.116 0.097

0.225 0.188 0.157 0.131 0.109 0.091

0.217 0.180 0.149 0.124 0.103 0.086

0.208 0.172 0.142 0.117 0.097 0.081

0.200 0.165 0.135 0.111 0.092 0.076

0.193 0.157 0.129 0.106 0.087 0.071

0.185 0.151 0.123 0.100 0.082 0.067

0.178 0.144 0.117 0.095 0.077 0.063

0.171 0.138 0.111 0.090 0.073 0.059

0.165 0.132 0.106 0.085 0.069 0.055

0.158 0.126 0.101 0.081 0.065 0.052

0.152 0.121 0.096 0.077 0.061 0.049

0.146 0.116 0.092 0.073 0.058 0.046

0.141 0.111 0.087 0.069 0.054 0.043

0.135 0.106 0.083 0.065 0.051 0.040

0.130 0.101 0.079 0.062 0.048 0.038

0.125 0.097 0.075 0.059 0.046 0.036

0.120 0.093 0.072 0.056 0.043 0.033

0.116 0.089 0.068 0.053 0.041 0.031

0.111 0.085 0.065 0.050 0.038 0.029

0.107 0.081 0.062 0.047 0.036 0.028

0.103 0.078 0.059 0.045 0.034 0.026

0.099 0.074 0.056 0.042 0.032 0.024

0.095 0.071 0.054 0.040 0.030 0.023

0.091 0.068 0.051 0.038 0.029 0.021

0.088 0.065 0.049 0.036 0.027 0.020

0.085 0.062 0.046 0.034 0.025 0.019

0.081 0.060 0.044 0.032 0.024 0.018

0.078 0.057 0.042 0.031 0.023 0.017

0.075 0.055 0.040 0.029 0.021 0.016

0.072 0.052 0.038 0.028 0.020 0.015

0.069 0.050 0.036 0.026 0.019 0.014

0.067 0.048 0.035 0.025 0.018 0.013

0.064 0.046 0.033 0.024 0.017 0.012

0.062 0.044 0.031 0.022 0.016 0.011

0.059 0.042 0.030 0.021 0.015 0.011

0.057 0.040 0.028 0.020 0.014 0.010

0.055 0.038 0.027 0.019 0.013 0.009

0.053 0.037 0.026 0.018 0.013 0.009

0.051 0.035 0.025 0.017 0.012 0.008

0.049 0.034 0.023 0.016 0.011 0.008

0.047 0.032 0.022 0.015 0.011 0.007

0.045 0.031 0.021 0.015 0.010 0.007

0.043 0.030 0.020 0.014 0.009 0.006

0.042 0.028 0.019 0.013 0.009 0.006

0.040 0.027 0.018 0.012 0.008 0.006

0.039 0.026 0.017 0.012 0.008 0.005

0.037 0.025 0.017 0.011 0.007 0.005

0.036 0.024 0.016 0.011 0.007 0.005

0.034 0.023 0.015 0.010 0.007 0.004

0.033 0.022 0.014 0.009 0.006 0.004

0.032 0.021 0.014 0.009 0.006 0.004

0.030 0.020 0.013 0.009 0.006 0.004

0.029 0.019 0.012 0.008 0.005 0.003

0.028 0.018 0.012 0.008 0.005 0.003

0.027 0.017 0.011 0.007 0.005 0.003

0.026 0.017 0.011 0.007 0.004 0.003

0.025 0.016 0.010 0.007 0.004 0.003

0.024 0.015 0.010 0.006 0.004 0.003

0.023 0.015 0.009 0.006 0.004 0.002

0.022 0.014 0.009 0.006 0.004 0.002

0.021 0.013 0.008 0.005 0.003 0.002

0.021 0.013 0.008 0.005 0.003 0.002

0.020 0.012 0.008 0.005 0.003 0.002

7.00% 7.50% 8.00% 8.50% 9.00% 9.50% 10.00%
0.935 0.930 0.926 0.922 0.917 0.913 0.909

0.873 0.865 0.857 0.849 0.842 0.834 0.826

0.816 0.805 0.794 0.783 0.772 0.762 0.751

0.763 0.749 0.735 0.722 0.708 0.696 0.683

0.713 0.697 0.681 0.665 0.650 0.635 0.621

0.666 0.648 0.630 0.613 0.596 0.580 0.564

0.623 0.603 0.583 0.565 0.547 0.530 0.513

0.582 0.561 0.540 0.521 0.502 0.484 0.467

0.544 0.522 0.500 0.480 0.460 0.442 0.424

0.508 0.485 0.463 0.442 0.422 0.404 0.386

0.475 0.451 0.429 0.408 0.388 0.369 0.350

0.444 0.420 0.397 0.376 0.356 0.337 0.319

0.415 0.391 0.368 0.346 0.326 0.307 0.290

0.388 0.363 0.340 0.319 0.299 0.281 0.263

0.362 0.338 0.315 0.294 0.275 0.256 0.239

0.339 0.314 0.292 0.271 0.252 0.234 0.218

0.317 0.292 0.270 0.250 0.231 0.214 0.198

0.296 0.272 0.250 0.230 0.212 0.195 0.180

0.277 0.253 0.232 0.212 0.194 0.178 0.164

0.258 0.235 0.215 0.196 0.178 0.163 0.149

0.242 0.219 0.199 0.180 0.164 0.149 0.135

0.226 0.204 0.184 0.166 0.150 0.136 0.123

0.211 0.189 0.170 0.153 0.138 0.124 0.112

0.197 0.176 0.158 0.141 0.126 0.113 0.102

0.184 0.164 0.146 0.130 0.116 0.103 0.092

0.172 0.153 0.135 0.120 0.106 0.094 0.084

0.161 0.142 0.125 0.111 0.098 0.086 0.076

0.150 0.132 0.116 0.102 0.090 0.079 0.069

0.141 0.123 0.107 0.094 0.082 0.072 0.063

0.131 0.114 0.099 0.087 0.075 0.066 0.057

0.123 0.106 0.092 0.080 0.069 0.060 0.052

0.115 0.099 0.085 0.073 0.063 0.055 0.047

0.107 0.092 0.079 0.068 0.058 0.050 0.043

0.100 0.086 0.073 0.062 0.053 0.046 0.039

0.094 0.080 0.068 0.058 0.049 0.042 0.036

0.088 0.074 0.063 0.053 0.045 0.038 0.032

0.082 0.069 0.058 0.049 0.041 0.035 0.029

0.076 0.064 0.054 0.045 0.038 0.032 0.027

0.071 0.060 0.050 0.042 0.035 0.029 0.024

0.067 0.055 0.046 0.038 0.032 0.027 0.022

0.062 0.052 0.043 0.035 0.029 0.024 0.020

0.058 0.048 0.039 0.033 0.027 0.022 0.018

0.055 0.045 0.037 0.030 0.025 0.020 0.017

0.051 0.041 0.034 0.028 0.023 0.018 0.015

0.048 0.039 0.031 0.025 0.021 0.017 0.014

0.044 0.036 0.029 0.023 0.019 0.015 0.012

0.042 0.033 0.027 0.022 0.017 0.014 0.011

0.039 0.031 0.025 0.020 0.016 0.013 0.010

0.036 0.029 0.023 0.018 0.015 0.012 0.009

0.034 0.027 0.021 0.017 0.013 0.011 0.009

0.032 0.025 0.020 0.016 0.012 0.010 0.008

0.030 0.023 0.018 0.014 0.011 0.009 0.007

0.028 0.022 0.017 0.013 0.010 0.008 0.006

0.026 0.020 0.016 0.012 0.010 0.007 0.006

0.024 0.019 0.015 0.011 0.009 0.007 0.005

0.023 0.017 0.013 0.010 0.008 0.006 0.005

0.021 0.016 0.012 0.010 0.007 0.006 0.004

0.020 0.015 0.012 0.009 0.007 0.005 0.004

0.018 0.014 0.011 0.008 0.006 0.005 0.004

0.017 0.013 0.010 0.007 0.006 0.004 0.003

0.016 0.012 0.009 0.007 0.005 0.004 0.003

0.015 0.011 0.008 0.006 0.005 0.004 0.003

0.014 0.011 0.008 0.006 0.004 0.003 0.002

0.013 0.010 0.007 0.005 0.004 0.003 0.002

0.012 0.009 0.007 0.005 0.004 0.003 0.002

0.011 0.008 0.006 0.005 0.003 0.003 0.002

0.011 0.008 0.006 0.004 0.003 0.002 0.002

0.010 0.007 0.005 0.004 0.003 0.002 0.002

0.009 0.007 0.005 0.004 0.003 0.002 0.001

0.009 0.006 0.005 0.003 0.002 0.002 0.001

0.008 0.006 0.004 0.003 0.002 0.002 0.001

0.008 0.005 0.004 0.003 0.002 0.001 0.001

0.007 0.005 0.004 0.003 0.002 0.001 0.001

0.007 0.005 0.003 0.002 0.002 0.001 0.001

0.006 0.004 0.003 0.002 0.002 0.001 0.001

0.006 0.004 0.003 0.002 0.001 0.001 0.001

0.005 0.004 0.003 0.002 0.001 0.001 0.001

0.005 0.004 0.002 0.002 0.001 0.001 0.001

0.005 0.003 0.002 0.002 0.001 0.001 0.001

0.004 0.003 0.002 0.001 0.001 0.001 0.000

0.004 0.003 0.002 0.001 0.001 0.001 0.000

0.004 0.003 0.002 0.001 0.001 0.001 0.000

0.004 0.002 0.002 0.001 0.001 0.001 0.000

0.003 0.002 0.002 0.001 0.001 0.000 0.000

0.003 0.002 0.001 0.001 0.001 0.000 0.000

0.003 0.002 0.001 0.001 0.001 0.000 0.000

0.003 0.002 0.001 0.001 0.001 0.000 0.000

0.003 0.002 0.001 0.001 0.001 0.000 0.000

0.002 0.002 0.001 0.001 0.000 0.000 0.000

0.002 0.001 0.001 0.001 0.000 0.000 0.000

0.002 0.001 0.001 0.001 0.000 0.000 0.000

0.002 0.001 0.001 0.001 0.000 0.000 0.000

0.002 0.001 0.001 0.001 0.000 0.000 0.000

0.002 0.001 0.001 0.000 0.000 0.000 0.000

0.002 0.001 0.001 0.000 0.000 0.000 0.000

0.002 0.001 0.001 0.000 0.000 0.000 0.000

0.001 0.001 0.001 0.000 0.000 0.000 0.000

0.001 0.001 0.001 0.000 0.000 0.000 0.000

0.001 0.001 0.000 0.000 0.000 0.000 0.000

0.001 0.001 0.000 0.000 0.000 0.000 0.000

10.50% 11.00% 11.50% 12.00% 12.50% 13.00% 13.50%
0.905 0.901 0.897 0.893 0.889 0.885 0.881

0.819 0.812 0.804 0.797 0.790 0.783 0.776

0.741 0.731 0.721 0.712 0.702 0.693 0.684

0.671 0.659 0.647 0.636 0.624 0.613 0.603

0.607 0.593 0.580 0.567 0.555 0.543 0.531

0.549 0.535 0.520 0.507 0.493 0.480 0.468

0.497 0.482 0.467 0.452 0.438 0.425 0.412

0.450 0.434 0.419 0.404 0.390 0.376 0.363

0.407 0.391 0.375 0.361 0.346 0.333 0.320

0.368 0.352 0.337 0.322 0.308 0.295 0.282

0.333 0.317 0.302 0.287 0.274 0.261 0.248

0.302 0.286 0.271 0.257 0.243 0.231 0.219

0.273 0.258 0.243 0.229 0.216 0.204 0.193

0.247 0.232 0.218 0.205 0.192 0.181 0.170

0.224 0.209 0.195 0.183 0.171 0.160 0.150

0.202 0.188 0.175 0.163 0.152 0.141 0.132

0.183 0.170 0.157 0.146 0.135 0.125 0.116

0.166 0.153 0.141 0.130 0.120 0.111 0.102

0.150 0.138 0.126 0.116 0.107 0.098 0.090

0.136 0.124 0.113 0.104 0.095 0.087 0.079

0.123 0.112 0.102 0.093 0.084 0.077 0.070

0.111 0.101 0.091 0.083 0.075 0.068 0.062

0.101 0.091 0.082 0.074 0.067 0.060 0.054

0.091 0.082 0.073 0.066 0.059 0.053 0.048

0.082 0.074 0.066 0.059 0.053 0.047 0.042

0.075 0.066 0.059 0.053 0.047 0.042 0.037

0.067 0.060 0.053 0.047 0.042 0.037 0.033

0.061 0.054 0.047 0.042 0.037 0.033 0.029

0.055 0.048 0.043 0.037 0.033 0.029 0.025

0.050 0.044 0.038 0.033 0.029 0.026 0.022

0.045 0.039 0.034 0.030 0.026 0.023 0.020

0.041 0.035 0.031 0.027 0.023 0.020 0.017

0.037 0.032 0.028 0.024 0.021 0.018 0.015

0.034 0.029 0.025 0.021 0.018 0.016 0.013

0.030 0.026 0.022 0.019 0.016 0.014 0.012

0.027 0.023 0.020 0.017 0.014 0.012 0.010

0.025 0.021 0.018 0.015 0.013 0.011 0.009

0.023 0.019 0.016 0.013 0.011 0.010 0.008

0.020 0.017 0.014 0.012 0.010 0.009 0.007

0.018 0.015 0.013 0.011 0.009 0.008 0.006

0.017 0.014 0.012 0.010 0.008 0.007 0.006

0.015 0.012 0.010 0.009 0.007 0.006 0.005

0.014 0.011 0.009 0.008 0.006 0.005 0.004

0.012 0.010 0.008 0.007 0.006 0.005 0.004

0.011 0.009 0.007 0.006 0.005 0.004 0.003

0.010 0.008 0.007 0.005 0.004 0.004 0.003

0.009 0.007 0.006 0.005 0.004 0.003 0.003

0.008 0.007 0.005 0.004 0.004 0.003 0.002

0.008 0.006 0.005 0.004 0.003 0.003 0.002

0.007 0.005 0.004 0.003 0.003 0.002 0.002

0.006 0.005 0.004 0.003 0.002 0.002 0.002

0.006 0.004 0.003 0.003 0.002 0.002 0.001

0.005 0.004 0.003 0.002 0.002 0.002 0.001

0.005 0.004 0.003 0.002 0.002 0.001 0.001

0.004 0.003 0.003 0.002 0.002 0.001 0.001

0.004 0.003 0.002 0.002 0.001 0.001 0.001

0.003 0.003 0.002 0.002 0.001 0.001 0.001

0.003 0.002 0.002 0.001 0.001 0.001 0.001

0.003 0.002 0.002 0.001 0.001 0.001 0.001

0.003 0.002 0.001 0.001 0.001 0.001 0.001

0.002 0.002 0.001 0.001 0.001 0.001 0.000

0.002 0.002 0.001 0.001 0.001 0.001 0.000

0.002 0.001 0.001 0.001 0.001 0.000 0.000

0.002 0.001 0.001 0.001 0.001 0.000 0.000

0.002 0.001 0.001 0.001 0.000 0.000 0.000

0.001 0.001 0.001 0.001 0.000 0.000 0.000

0.001 0.001 0.001 0.001 0.000 0.000 0.000

0.001 0.001 0.001 0.000 0.000 0.000 0.000

0.001 0.001 0.001 0.000 0.000 0.000 0.000

0.001 0.001 0.000 0.000 0.000 0.000 0.000

0.001 0.001 0.000 0.000 0.000 0.000 0.000

0.001 0.001 0.000 0.000 0.000 0.000 0.000

0.001 0.000 0.000 0.000 0.000 0.000 0.000

0.001 0.000 0.000 0.000 0.000 0.000 0.000

0.001 0.000 0.000 0.000 0.000 0.000 0.000

0.001 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

14.00% 14.50% 15.00% 15.50% 16.00% 16.50% 17.00%
0.877 0.873 0.870 0.866 0.862 0.858 0.855

0.769 0.763 0.756 0.750 0.743 0.737 0.731

0.675 0.666 0.658 0.649 0.641 0.632 0.624

0.592 0.582 0.572 0.562 0.552 0.543 0.534

0.519 0.508 0.497 0.487 0.476 0.466 0.456

0.456 0.444 0.432 0.421 0.410 0.400 0.390

0.400 0.388 0.376 0.365 0.354 0.343 0.333

0.351 0.338 0.327 0.316 0.305 0.295 0.285

0.308 0.296 0.284 0.273 0.263 0.253 0.243

0.270 0.258 0.247 0.237 0.227 0.217 0.208

0.237 0.225 0.215 0.205 0.195 0.186 0.178

0.208 0.197 0.187 0.177 0.168 0.160 0.152

0.182 0.172 0.163 0.154 0.145 0.137 0.130

0.160 0.150 0.141 0.133 0.125 0.118 0.111

0.140 0.131 0.123 0.115 0.108 0.101 0.095

0.123 0.115 0.107 0.100 0.093 0.087 0.081

0.108 0.100 0.093 0.086 0.080 0.075 0.069

0.095 0.087 0.081 0.075 0.069 0.064 0.059

0.083 0.076 0.070 0.065 0.060 0.055 0.051

0.073 0.067 0.061 0.056 0.051 0.047 0.043

0.064 0.058 0.053 0.049 0.044 0.040 0.037

0.056 0.051 0.046 0.042 0.038 0.035 0.032

0.049 0.044 0.040 0.036 0.033 0.030 0.027

0.043 0.039 0.035 0.031 0.028 0.026 0.023

0.038 0.034 0.030 0.027 0.024 0.022 0.020

0.033 0.030 0.026 0.024 0.021 0.019 0.017

0.029 0.026 0.023 0.020 0.018 0.016 0.014

0.026 0.023 0.020 0.018 0.016 0.014 0.012

0.022 0.020 0.017 0.015 0.014 0.012 0.011

0.020 0.017 0.015 0.013 0.012 0.010 0.009

0.017 0.015 0.013 0.011 0.010 0.009 0.008

0.015 0.013 0.011 0.010 0.009 0.008 0.007

0.013 0.011 0.010 0.009 0.007 0.006 0.006

0.012 0.010 0.009 0.007 0.006 0.006 0.005

0.010 0.009 0.008 0.006 0.006 0.005 0.004

0.009 0.008 0.007 0.006 0.005 0.004 0.004

0.008 0.007 0.006 0.005 0.004 0.004 0.003

0.007 0.006 0.005 0.004 0.004 0.003 0.003

0.006 0.005 0.004 0.004 0.003 0.003 0.002

0.005 0.004 0.004 0.003 0.003 0.002 0.002

0.005 0.004 0.003 0.003 0.002 0.002 0.002

0.004 0.003 0.003 0.002 0.002 0.002 0.001

0.004 0.003 0.002 0.002 0.002 0.001 0.001

0.003 0.003 0.002 0.002 0.001 0.001 0.001

0.003 0.002 0.002 0.002 0.001 0.001 0.001

0.002 0.002 0.002 0.001 0.001 0.001 0.001

0.002 0.002 0.001 0.001 0.001 0.001 0.001

0.002 0.002 0.001 0.001 0.001 0.001 0.001

0.002 0.001 0.001 0.001 0.001 0.001 0.000

0.001 0.001 0.001 0.001 0.001 0.000 0.000

0.001 0.001 0.001 0.001 0.001 0.000 0.000

0.001 0.001 0.001 0.001 0.000 0.000 0.000

0.001 0.001 0.001 0.000 0.000 0.000 0.000

0.001 0.001 0.001 0.000 0.000 0.000 0.000

0.001 0.001 0.000 0.000 0.000 0.000 0.000

0.001 0.001 0.000 0.000 0.000 0.000 0.000

0.001 0.000 0.000 0.000 0.000 0.000 0.000

0.001 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

17.50% 18.00% 18.50% 19.00% 19.50% 20.00%
0.851 0.847 0.844 0.840 0.837 0.833

0.724 0.718 0.712 0.706 0.700 0.694

0.616 0.609 0.601 0.593 0.586 0.579

0.525 0.516 0.507 0.499 0.490 0.482

0.446 0.437 0.428 0.419 0.410 0.402

0.380 0.370 0.361 0.352 0.343 0.335

0.323 0.314 0.305 0.296 0.287 0.279

0.275 0.266 0.257 0.249 0.240 0.233

0.234 0.225 0.217 0.209 0.201 0.194

0.199 0.191 0.183 0.176 0.168 0.162

0.170 0.162 0.155 0.148 0.141 0.135

0.144 0.137 0.130 0.124 0.118 0.112

0.123 0.116 0.110 0.104 0.099 0.093

0.105 0.099 0.093 0.088 0.083 0.078

0.089 0.084 0.078 0.074 0.069 0.065

0.076 0.071 0.066 0.062 0.058 0.054

0.064 0.060 0.056 0.052 0.048 0.045

0.055 0.051 0.047 0.044 0.040 0.038

0.047 0.043 0.040 0.037 0.034 0.031

0.040 0.037 0.034 0.031 0.028 0.026

0.034 0.031 0.028 0.026 0.024 0.022

0.029 0.026 0.024 0.022 0.020 0.018

0.024 0.022 0.020 0.018 0.017 0.015

0.021 0.019 0.017 0.015 0.014 0.013

0.018 0.016 0.014 0.013 0.012 0.010

0.015 0.014 0.012 0.011 0.010 0.009

0.013 0.011 0.010 0.009 0.008 0.007

0.011 0.010 0.009 0.008 0.007 0.006

0.009 0.008 0.007 0.006 0.006 0.005

0.008 0.007 0.006 0.005 0.005 0.004

0.007 0.006 0.005 0.005 0.004 0.004

0.006 0.005 0.004 0.004 0.003 0.003

0.005 0.004 0.004 0.003 0.003 0.002

0.004 0.004 0.003 0.003 0.002 0.002

0.004 0.003 0.003 0.002 0.002 0.002

0.003 0.003 0.002 0.002 0.002 0.001

0.003 0.002 0.002 0.002 0.001 0.001

0.002 0.002 0.002 0.001 0.001 0.001

0.002 0.002 0.001 0.001 0.001 0.001

0.002 0.001 0.001 0.001 0.001 0.001

0.001 0.001 0.001 0.001 0.001 0.001

0.001 0.001 0.001 0.001 0.001 0.000

0.001 0.001 0.001 0.001 0.000 0.000

0.001 0.001 0.001 0.000 0.000 0.000

0.001 0.001 0.000 0.000 0.000 0.000

0.001 0.000 0.000 0.000 0.000 0.000

0.001 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

TABLA 9-4 Valor presente de una anualidad
VALOR FUTURO DE $ 1.00
PV IFA = 1
1 -
(1+i)^n
i
Periodos 1.00% 1.50% 2.00% 2.50% 3.00% 3.50%
1 0.990 0.985 0.980 0.976 0.971 0.966
2 1.970 1.956 1.942 1.927 1.913 1.900
3 2.941 2.912 2.884 2.856 2.829 2.802
4 3.902 3.854 3.808 3.762 3.717 3.673
5 4.853 4.783 4.713 4.646 4.580 4.515
6 5.795 5.697 5.601 5.508 5.417 5.329
7 6.728 6.598 6.472 6.349 6.230 6.115
8 7.652 7.486 7.325 7.170 7.020 6.874
9 8.566 8.361 8.162 7.971 7.786 7.608
10 9.471 9.222 8.983 8.752 8.530 8.317
11 10.368 10.071 9.787 9.514 9.253 9.002
12 11.255 10.908 10.575 10.258 9.954 9.663
13 12.134 11.732 11.348 10.983 10.635 10.303
14 13.004 12.543 12.106 11.691 11.296 10.921
15 13.865 13.343 12.849 12.381 11.938 11.517
16 14.718 14.131 13.578 13.055 12.561 12.094
17 15.562 14.908 14.292 13.712 13.166 12.651
18 16.398 15.673 14.992 14.353 13.754 13.190
19 17.226 16.426 15.678 14.979 14.324 13.710
20 18.046 17.169 16.351 15.589 14.877 14.212
21 18.857 17.900 17.011 16.185 15.415 14.698
22 19.660 18.621 17.658 16.765 15.937 15.167
23 20.456 19.331 18.292 17.332 16.444 15.620
24 21.243 20.030 18.914 17.885 16.936 16.058
25 22.023 20.720 19.523 18.424 17.413 16.482
26 22.795 21.399 20.121 18.951 17.877 16.890
27 23.560 22.068 20.707 19.464 18.327 17.285
28 24.316 22.727 21.281 19.965 18.764 17.667
29 25.066 23.376 21.844 20.454 19.188 18.036
30 25.808 24.016 22.396 20.930 19.600 18.392
31 26.542 24.646 22.938 21.395 20.000 18.736
32 27.270 25.267 23.468 21.849 20.389 19.069
33 27.990 25.879 23.989 22.292 20.766 19.390
34 28.703 26.482 24.499 22.724 21.132 19.701
35 29.409 27.076 24.999 23.145 21.487 20.001
36 30.108 27.661 25.489 23.556 21.832 20.290
37 30.800 28.237 25.969 23.957 22.167 20.571
38 31.485 28.805 26.441 24.349 22.492 20.841
39 32.163 29.365 26.903 24.730 22.808 21.102
40 32.835 29.916 27.355 25.103 23.115 21.355
41 33.500 30.459 27.799 25.466 23.412 21.599
42 34.158 30.994 28.235 25.821 23.701 21.835
43 34.810 31.521 28.662 26.166 23.982 22.063
44 35.455 32.041 29.080 26.504 24.254 22.283
45 36.095 32.552 29.490 26.833 24.519 22.495
46 36.727 33.056 29.892 27.154 24.775 22.701
47 37.354 33.553 30.287 27.467 25.025 22.899
48 37.974 34.043 30.673 27.773 25.267 23.091
49 38.588 34.525 31.052 28.071 25.502 23.277
50 39.196 35.000 31.424 28.362 25.730 23.456
51 39.798 35.468 31.788 28.646 25.951 23.629
52 40.394 35.929 32.145 28.923 26.166 23.796
53 40.984 36.383 32.495 29.193 26.375 23.957
54 41.569 36.831 32.838 29.457 26.578 24.113
55 42.147 37.271 33.175 29.714 26.774 24.264
56 42.720 37.706 33.505 29.965 26.965 24.410
57 43.287 38.134 33.828 30.210 27.151 24.550
58 43.849 38.556 34.145 30.448 27.331 24.686
59 44.405 38.971 34.456 30.681 27.506 24.818
60 44.955 39.380 34.761 30.909 27.676 24.945
61 45.500 39.784 35.060 31.130 27.840 25.067
62 46.040 40.181 35.353 31.347 28.000 25.186
63 46.574 40.572 35.640 31.558 28.156 25.300
64 47.103 40.958 35.921 31.764 28.306 25.411
 65 47.627 41.338 36.197 31.965 28.453 25.518
66 48.145 41.712 36.468 32.161 28.595 25.621
67 48.659 42.081 36.733 32.352 28.733 25.721
68 49.167 42.444 36.994 32.538 28.867 25.817
69 49.670 42.802 37.249 32.720 28.997 25.910
70 50.169 43.155 37.499 32.898 29.123 26.000
71 50.662 43.502 37.744 33.071 29.246 26.087
72 51.150 43.845 37.984 33.240 29.365 26.171
73 51.634 44.182 38.220 33.405 29.481 26.253
74 52.113 44.514 38.451 33.566 29.593 26.331
75 52.587 44.842 38.677 33.723 29.702 26.407
76 53.056 45.164 38.899 33.876 29.808 26.480
77 53.521 45.482 39.117 34.025 29.910 26.551
78 53.981 45.795 39.330 34.171 30.010 26.619
79 54.437 46.103 39.539 34.313 30.107 26.685
80 54.888 46.407 39.745 34.452 30.201 26.749
81 55.335 46.707 39.946 34.587 30.292 26.810
82 55.777 47.002 40.143 34.719 30.381 26.870
83 56.215 47.292 40.336 34.848 30.467 26.928
84 56.648 47.579 40.526 34.974 30.550 26.983
85 57.078 47.861 40.711 35.096 30.631 27.037
86 57.503 48.139 40.893 35.216 30.710 27.089
87 57.923 48.412 41.072 35.333 30.786 27.139
88 58.340 48.682 41.247 35.446 30.860 27.187
89 58.752 48.948 41.419 35.557 30.932 27.234
90 59.161 49.210 41.587 35.666 31.002 27.279
91 59.565 49.468 41.752 35.771 31.070 27.323
92 59.966 49.722 41.914 35.875 31.136 27.365
93 60.362 49.972 42.072 35.975 31.200 27.406
94 60.754 50.219 42.228 36.073 31.262 27.445
95 61.143 50.462 42.380 36.169 31.323 27.484
96 61.528 50.702 42.529 36.263 31.381 27.520
97 61.909 50.938 42.676 36.354 31.438 27.556
98 62.286 51.170 42.820 36.443 31.493 27.590
99 62.659 51.399 42.960 36.529 31.547 27.623
100 63.029 51.625 43.098 36.614 31.599 27.655
4.00% 4.50% 5.00% 5.50% 6.00% 6.50%
0.962 0.957 0.952 0.948 0.943 0.939

1.886 1.873 1.859 1.846 1.833 1.821

2.775 2.749 2.723 2.698 2.673 2.648

3.630 3.588 3.546 3.505 3.465 3.426

4.452 4.390 4.329 4.270 4.212 4.156

5.242 5.158 5.076 4.996 4.917 4.841

6.002 5.893 5.786 5.683 5.582 5.485

6.733 6.596 6.463 6.335 6.210 6.089

7.435 7.269 7.108 6.952 6.802 6.656

8.111 7.913 7.722 7.538 7.360 7.189

8.760 8.529 8.306 8.093 7.887 7.689

9.385 9.119 8.863 8.619 8.384 8.159

9.986 9.683 9.394 9.117 8.853 8.600

10.563 10.223 9.899 9.590 9.295 9.014

11.118 10.740 10.380 10.038 9.712 9.403

11.652 11.234 10.838 10.462 10.106 9.768

12.166 11.707 11.274 10.865 10.477 10.111

12.659 12.160 11.690 11.246 10.828 10.432

13.134 12.593 12.085 11.608 11.158 10.735

13.590 13.008 12.462 11.950 11.470 11.019

14.029 13.405 12.821 12.275 11.764 11.285

14.451 13.784 13.163 12.583 12.042 11.535

14.857 14.148 13.489 12.875 12.303 11.770

15.247 14.495 13.799 13.152 12.550 11.991

15.622 14.828 14.094 13.414 12.783 12.198

15.983 15.147 14.375 13.662 13.003 12.392

16.330 15.451 14.643 13.898 13.211 12.575

16.663 15.743 14.898 14.121 13.406 12.746

16.984 16.022 15.141 14.333 13.591 12.907

17.292 16.289 15.372 14.534 13.765 13.059

17.588 16.544 15.593 14.724 13.929 13.201

17.874 16.789 15.803 14.904 14.084 13.334

18.148 17.023 16.003 15.075 14.230 13.459

18.411 17.247 16.193 15.237 14.368 13.577

18.665 17.461 16.374 15.391 14.498 13.687

18.908 17.666 16.547 15.536 14.621 13.791

19.143 17.862 16.711 15.674 14.737 13.888

19.368 18.050 16.868 15.805 14.846 13.979

19.584 18.230 17.017 15.929 14.949 14.065

19.793 18.402 17.159 16.046 15.046 14.146

19.993 18.566 17.294 16.157 15.138 14.221

20.186 18.724 17.423 16.263 15.225 14.292

20.371 18.874 17.546 16.363 15.306 14.359

20.549 19.018 17.663 16.458 15.383 14.421

20.720 19.156 17.774 16.548 15.456 14.480

20.885 19.288 17.880 16.633 15.524 14.535

21.043 19.415 17.981 16.714 15.589 14.587

21.195 19.536 18.077 16.790 15.650 14.636

21.341 19.651 18.169 16.863 15.708 14.682

21.482 19.762 18.256 16.932 15.762 14.725

21.617 19.868 18.339 16.997 15.813 14.765

21.748 19.969 18.418 17.058 15.861 14.803

21.873 20.066 18.493 17.117 15.907 14.838

21.993 20.159 18.565 17.173 15.950 14.872

22.109 20.248 18.633 17.225 15.991 14.903

22.220 20.333 18.699 17.275 16.029 14.932

22.327 20.414 18.761 17.322 16.065 14.960

22.430 20.492 18.820 17.367 16.099 14.986

22.528 20.567 18.876 17.410 16.131 15.010

22.623 20.638 18.929 17.450 16.161 15.033

22.715 20.706 18.980 17.488 16.190 15.054

22.803 20.772 19.029 17.524 16.217 15.075

22.887 20.834 19.075 17.558 16.242 15.094

22.969 20.894 19.119 17.591 16.266 15.111

23.047 20.951 19.161 17.622 16.289 15.128

23.122 21.006 19.201 17.651 16.310 15.144

23.194 21.058 19.239 17.679 16.331 15.158

23.264 21.108 19.275 17.705 16.350 15.172

23.330 21.156 19.310 17.730 16.368 15.185

23.395 21.202 19.343 17.753 16.385 15.197

23.456 21.246 19.374 17.776 16.401 15.209

23.516 21.288 19.404 17.797 16.416 15.219

23.573 21.328 19.432 17.817 16.430 15.230

23.628 21.367 19.459 17.836 16.443 15.239

23.680 21.404 19.485 17.854 16.456 15.248

23.731 21.439 19.509 17.871 16.468 15.256

23.780 21.473 19.533 17.887 16.479 15.264

23.827 21.505 19.555 17.903 16.490 15.271

23.872 21.536 19.576 17.917 16.500 15.278

23.915 21.565 19.596 17.931 16.509 15.285

23.957 21.594 19.616 17.944 16.518 15.291

23.997 21.621 19.634 17.956 16.526 15.297

24.036 21.647 19.651 17.968 16.534 15.302

24.073 21.671 19.668 17.979 16.542 15.307

24.109 21.695 19.684 17.990 16.549 15.312

24.143 21.718 19.699 18.000 16.556 15.316

24.176 21.740 19.713 18.009 16.562 15.320

24.207 21.760 19.727 18.018 16.568 15.324

24.238 21.780 19.740 18.027 16.573 15.328

24.267 21.799 19.752 18.035 16.579 15.331

24.295 21.817 19.764 18.043 16.584 15.335

24.323 21.835 19.775 18.050 16.588 15.338

24.349 21.852 19.786 18.057 16.593 15.341

24.374 21.868 19.796 18.063 16.597 15.343

24.398 21.883 19.806 18.069 16.601 15.346

24.421 21.897 19.815 18.075 16.605 15.348

24.443 21.911 19.824 18.081 16.608 15.350

24.465 21.925 19.832 18.086 16.611 15.352

24.485 21.938 19.840 18.091 16.615 15.354

24.505 21.950 19.848 18.096 16.618 15.356

7.00% 7.50% 8.00% 8.50% 9.00% 9.50% 10.00%
0.935 0.930 0.926 0.922 0.917 0.913 0.909

1.808 1.796 1.783 1.771 1.759 1.747 1.736

2.624 2.601 2.577 2.554 2.531 2.509 2.487

3.387 3.349 3.312 3.276 3.240 3.204 3.170

4.100 4.046 3.993 3.941 3.890 3.840 3.791

4.767 4.694 4.623 4.554 4.486 4.420 4.355

5.389 5.297 5.206 5.119 5.033 4.950 4.868

5.971 5.857 5.747 5.639 5.535 5.433 5.335

6.515 6.379 6.247 6.119 5.995 5.875 5.759

7.024 6.864 6.710 6.561 6.418 6.279 6.145

7.499 7.315 7.139 6.969 6.805 6.647 6.495

7.943 7.735 7.536 7.345 7.161 6.984 6.814

8.358 8.126 7.904 7.691 7.487 7.291 7.103

8.745 8.489 8.244 8.010 7.786 7.572 7.367

9.108 8.827 8.559 8.304 8.061 7.828 7.606

9.447 9.142 8.851 8.575 8.313 8.062 7.824

9.763 9.434 9.122 8.825 8.544 8.276 8.022

10.059 9.706 9.372 9.055 8.756 8.471 8.201

10.336 9.959 9.604 9.268 8.950 8.650 8.365

10.594 10.194 9.818 9.463 9.129 8.812 8.514

10.836 10.413 10.017 9.644 9.292 8.961 8.649

11.061 10.617 10.201 9.810 9.442 9.097 8.772

11.272 10.807 10.371 9.963 9.580 9.221 8.883

11.469 10.983 10.529 10.104 9.707 9.334 8.985

11.654 11.147 10.675 10.234 9.823 9.438 9.077

11.826 11.299 10.810 10.354 9.929 9.532 9.161

11.987 11.441 10.935 10.465 10.027 9.618 9.237

12.137 11.573 11.051 10.566 10.116 9.697 9.307

12.278 11.696 11.158 10.660 10.198 9.769 9.370

12.409 11.810 11.258 10.747 10.274 9.835 9.427

12.532 11.917 11.350 10.827 10.343 9.895 9.479

12.647 12.015 11.435 10.900 10.406 9.950 9.526

12.754 12.107 11.514 10.968 10.464 10.000 9.569

12.854 12.193 11.587 11.030 10.518 10.045 9.609

12.948 12.273 11.655 11.088 10.567 10.087 9.644

13.035 12.347 11.717 11.141 10.612 10.125 9.677

13.117 12.415 11.775 11.190 10.653 10.160 9.706

13.193 12.479 11.829 11.235 10.691 10.192 9.733

13.265 12.539 11.879 11.276 10.726 10.221 9.757

13.332 12.594 11.925 11.315 10.757 10.247 9.779

13.394 12.646 11.967 11.350 10.787 10.271 9.799

13.452 12.694 12.007 11.382 10.813 10.294 9.817

13.507 12.739 12.043 11.412 10.838 10.314 9.834

13.558 12.780 12.077 11.440 10.861 10.332 9.849

13.606 12.819 12.108 11.465 10.881 10.349 9.863

13.650 12.855 12.137 11.489 10.900 10.364 9.875

13.692 12.888 12.164 11.510 10.918 10.378 9.887

13.730 12.919 12.189 11.530 10.934 10.391 9.897

13.767 12.948 12.212 11.549 10.948 10.403 9.906

13.801 12.975 12.233 11.566 10.962 10.414 9.915

13.832 13.000 12.253 11.581 10.974 10.423 9.923

13.862 13.023 12.272 11.596 10.985 10.432 9.930

13.890 13.045 12.288 11.609 10.996 10.441 9.936

13.916 13.065 12.304 11.621 11.005 10.448 9.942

13.940 13.084 12.319 11.632 11.014 10.455 9.947

13.963 13.101 12.332 11.643 11.022 10.461 9.952

13.984 13.117 12.344 11.652 11.029 10.467 9.956

14.003 13.132 12.356 11.661 11.036 10.472 9.960

14.022 13.146 12.367 11.669 11.042 10.477 9.964

14.039 13.159 12.377 11.677 11.048 10.481 9.967

14.055 13.172 12.386 11.684 11.053 10.485 9.970

14.070 13.183 12.394 11.690 11.058 10.488 9.973

14.084 13.193 12.402 11.696 11.062 10.492 9.975

14.098 13.203 12.409 11.701 11.066 10.495 9.978

14.110 13.212 12.416 11.706 11.070 10.497 9.980

14.121 13.221 12.422 11.711 11.073 10.500 9.981

14.132 13.228 12.428 11.715 11.077 10.502 9.983

14.142 13.236 12.433 11.719 11.079 10.504 9.985

14.152 13.243 12.438 11.722 11.082 10.506 9.986

14.160 13.249 12.443 11.726 11.084 10.508 9.987

14.169 13.255 12.447 11.729 11.087 10.510 9.988

14.176 13.260 12.451 11.732 11.089 10.511 9.990

14.183 13.265 12.455 11.734 11.091 10.512 9.990

14.190 13.270 12.458 11.737 11.092 10.514 9.991

14.196 13.275 12.461 11.739 11.094 10.515 9.992

14.202 13.279 12.464 11.741 11.095 10.516 9.993

14.208 13.282 12.467 11.743 11.097 10.517 9.994

14.213 13.286 12.469 11.744 11.098 10.517 9.994

14.218 13.289 12.471 11.746 11.099 10.518 9.995

14.222 13.292 12.474 11.747 11.100 10.519 9.995

14.226 13.295 12.475 11.749 11.101 10.520 9.996

14.230 13.298 12.477 11.750 11.102 10.520 9.996

14.234 13.300 12.479 11.751 11.102 10.521 9.996

14.237 13.303 12.481 11.752 11.103 10.521 9.997

14.240 13.305 12.482 11.753 11.104 10.522 9.997

14.243 13.307 12.483 11.754 11.104 10.522 9.997

14.246 13.309 12.485 11.755 11.105 10.522 9.997

14.249 13.310 12.486 11.756 11.105 10.523 9.998

14.251 13.312 12.487 11.756 11.106 10.523 9.998

14.253 13.313 12.488 11.757 11.106 10.523 9.998

14.255 13.315 12.489 11.758 11.107 10.524 9.998

14.257 13.316 12.489 11.758 11.107 10.524 9.998

14.259 13.317 12.490 11.759 11.107 10.524 9.999

14.261 13.318 12.491 11.759 11.108 10.524 9.999

14.263 13.319 12.492 11.760 11.108 10.524 9.999

14.264 13.320 12.492 11.760 11.108 10.525 9.999

14.266 13.321 12.493 11.760 11.109 10.525 9.999

14.267 13.322 12.493 11.761 11.109 10.525 9.999

14.268 13.323 12.494 11.761 11.109 10.525 9.999

14.269 13.324 12.494 11.761 11.109 10.525 9.999

10.50% 11.00% 11.50% 12.00% 12.50% 13.00% 13.50%
0.905 0.901 0.897 0.893 0.889 0.885 0.881

1.724 1.713 1.701 1.690 1.679 1.668 1.657

2.465 2.444 2.423 2.402 2.381 2.361 2.341

3.136 3.102 3.070 3.037 3.006 2.974 2.944

3.743 3.696 3.650 3.605 3.561 3.517 3.475

4.292 4.231 4.170 4.111 4.054 3.998 3.943

4.789 4.712 4.637 4.564 4.492 4.423 4.355

5.239 5.146 5.056 4.968 4.882 4.799 4.718

5.646 5.537 5.431 5.328 5.228 5.132 5.038

6.015 5.889 5.768 5.650 5.536 5.426 5.320

6.348 6.207 6.070 5.938 5.810 5.687 5.568

6.650 6.492 6.341 6.194 6.053 5.918 5.787

6.923 6.750 6.583 6.424 6.270 6.122 5.979

7.170 6.982 6.801 6.628 6.462 6.302 6.149

7.394 7.191 6.997 6.811 6.633 6.462 6.299

7.596 7.379 7.172 6.974 6.785 6.604 6.431

7.779 7.549 7.329 7.120 6.920 6.729 6.547

7.945 7.702 7.470 7.250 7.040 6.840 6.649

8.095 7.839 7.596 7.366 7.147 6.938 6.739

8.231 7.963 7.710 7.469 7.241 7.025 6.819

8.354 8.075 7.811 7.562 7.326 7.102 6.889

8.465 8.176 7.903 7.645 7.401 7.170 6.951

8.566 8.266 7.984 7.718 7.467 7.230 7.005

8.657 8.348 8.058 7.784 7.526 7.283 7.053

8.739 8.422 8.124 7.843 7.579 7.330 7.095

8.814 8.488 8.183 7.896 7.626 7.372 7.132

8.881 8.548 8.236 7.943 7.667 7.409 7.165

8.942 8.602 8.283 7.984 7.704 7.441 7.194

8.997 8.650 8.326 8.022 7.737 7.470 7.219

9.047 8.694 8.364 8.055 7.766 7.496 7.242

9.093 8.733 8.398 8.085 7.792 7.518 7.261

9.134 8.769 8.429 8.112 7.815 7.538 7.279

9.171 8.801 8.456 8.135 7.836 7.556 7.294

9.204 8.829 8.481 8.157 7.854 7.572 7.307

9.235 8.855 8.503 8.176 7.870 7.586 7.319

9.262 8.879 8.523 8.192 7.885 7.598 7.330

9.287 8.900 8.541 8.208 7.898 7.609 7.339

9.309 8.919 8.557 8.221 7.909 7.618 7.347

9.330 8.936 8.571 8.233 7.919 7.627 7.354

9.348 8.951 8.584 8.244 7.928 7.634 7.361

9.365 8.965 8.595 8.253 7.936 7.641 7.366

9.380 8.977 8.606 8.262 7.943 7.647 7.371

9.394 8.989 8.615 8.270 7.949 7.652 7.375

9.406 8.999 8.623 8.276 7.955 7.657 7.379

9.417 9.008 8.631 8.283 7.960 7.661 7.383

9.427 9.016 8.637 8.288 7.965 7.664 7.386

9.437 9.024 8.643 8.293 7.968 7.668 7.388

9.445 9.030 8.649 8.297 7.972 7.671 7.390

9.452 9.036 8.654 8.301 7.975 7.673 7.392

9.459 9.042 8.658 8.304 7.978 7.675 7.394

9.465 9.047 8.662 8.308 7.980 7.677 7.396

9.471 9.051 8.665 8.310 7.982 7.679 7.397

9.476 9.055 8.669 8.313 7.984 7.680 7.398

9.480 9.058 8.671 8.315 7.986 7.682 7.399

9.485 9.062 8.674 8.317 7.988 7.683 7.400

9.488 9.065 8.676 8.319 7.989 7.684 7.401

9.492 9.067 8.678 8.320 7.990 7.685 7.402

9.495 9.070 8.680 8.322 7.991 7.686 7.403

9.497 9.072 8.682 8.323 7.992 7.687 7.403

9.500 9.074 8.683 8.324 7.993 7.687 7.404

9.502 9.075 8.684 8.325 7.994 7.688 7.404

9.504 9.077 8.685 8.326 7.995 7.688 7.405

9.506 9.078 8.687 8.327 7.995 7.689 7.405

9.508 9.079 8.687 8.327 7.996 7.689 7.405

9.509 9.081 8.688 8.328 7.996 7.690 7.405

9.511 9.082 8.689 8.329 7.997 7.690 7.406

9.512 9.083 8.690 8.329 7.997 7.690 7.406

9.513 9.083 8.690 8.330 7.997 7.690 7.406

9.514 9.084 8.691 8.330 7.998 7.691 7.406

9.515 9.085 8.691 8.330 7.998 7.691 7.406

9.516 9.085 8.692 8.331 7.998 7.691 7.406

9.517 9.086 8.692 8.331 7.998 7.691 7.407

9.517 9.086 8.693 8.331 7.999 7.691 7.407

9.518 9.087 8.693 8.331 7.999 7.691 7.407

9.518 9.087 8.693 8.332 7.999 7.692 7.407

9.519 9.088 8.693 8.332 7.999 7.692 7.407

9.519 9.088 8.694 8.332 7.999 7.692 7.407

9.520 9.088 8.694 8.332 7.999 7.692 7.407

9.520 9.089 8.694 8.332 7.999 7.692 7.407

9.521 9.089 8.694 8.332 7.999 7.692 7.407

9.521 9.089 8.694 8.332 7.999 7.692 7.407

9.521 9.089 8.694 8.333 7.999 7.692 7.407

9.521 9.089 8.695 8.333 8.000 7.692 7.407

9.522 9.089 8.695 8.333 8.000 7.692 7.407

9.522 9.090 8.695 8.333 8.000 7.692 7.407

9.522 9.090 8.695 8.333 8.000 7.692 7.407

9.522 9.090 8.695 8.333 8.000 7.692 7.407

9.522 9.090 8.695 8.333 8.000 7.692 7.407

9.522 9.090 8.695 8.333 8.000 7.692 7.407

9.523 9.090 8.695 8.333 8.000 7.692 7.407

9.523 9.090 8.695 8.333 8.000 7.692 7.407

9.523 9.090 8.695 8.333 8.000 7.692 7.407

9.523 9.090 8.695 8.333 8.000 7.692 7.407

9.523 9.090 8.695 8.333 8.000 7.692 7.407

9.523 9.090 8.695 8.333 8.000 7.692 7.407

9.523 9.091 8.695 8.333 8.000 7.692 7.407

9.523 9.091 8.695 8.333 8.000 7.692 7.407

9.523 9.091 8.695 8.333 8.000 7.692 7.407

9.523 9.091 8.695 8.333 8.000 7.692 7.407

9.523 9.091 8.695 8.333 8.000 7.692 7.407

14.00% 14.50% 15.00% 15.50% 16.00% 16.50% 17.00%
0.877 0.873 0.870 0.866 0.862 0.858 0.855

1.647 1.636 1.626 1.615 1.605 1.595 1.585

2.322 2.302 2.283 2.264 2.246 2.228 2.210

2.914 2.884 2.855 2.826 2.798 2.770 2.743

3.433 3.392 3.352 3.313 3.274 3.236 3.199

3.889 3.836 3.784 3.734 3.685 3.636 3.589

4.288 4.224 4.160 4.099 4.039 3.980 3.922

4.639 4.562 4.487 4.415 4.344 4.274 4.207

4.946 4.858 4.772 4.688 4.607 4.527 4.451

5.216 5.116 5.019 4.925 4.833 4.745 4.659

5.453 5.341 5.234 5.130 5.029 4.931 4.836

5.660 5.538 5.421 5.307 5.197 5.091 4.988

5.842 5.710 5.583 5.461 5.342 5.228 5.118

6.002 5.861 5.724 5.594 5.468 5.346 5.229

6.142 5.992 5.847 5.709 5.575 5.447 5.324

6.265 6.106 5.954 5.808 5.668 5.534 5.405

6.373 6.206 6.047 5.895 5.749 5.609 5.475

6.467 6.294 6.128 5.969 5.818 5.673 5.534

6.550 6.370 6.198 6.034 5.877 5.728 5.584

6.623 6.437 6.259 6.090 5.929 5.775 5.628

6.687 6.495 6.312 6.139 5.973 5.815 5.665

6.743 6.546 6.359 6.181 6.011 5.850 5.696

6.792 6.590 6.399 6.217 6.044 5.880 5.723

6.835 6.629 6.434 6.249 6.073 5.905 5.746

6.873 6.663 6.464 6.276 6.097 5.927 5.766

6.906 6.693 6.491 6.299 6.118 5.946 5.783

6.935 6.718 6.514 6.320 6.136 5.962 5.798

6.961 6.741 6.534 6.337 6.152 5.976 5.810

6.983 6.761 6.551 6.353 6.166 5.988 5.820

7.003 6.778 6.566 6.366 6.177 5.999 5.829

7.020 6.793 6.579 6.378 6.187 6.007 5.837

7.035 6.806 6.591 6.387 6.196 6.015 5.844

7.048 6.817 6.600 6.396 6.203 6.021 5.849

7.060 6.827 6.609 6.404 6.210 6.027 5.854

7.070 6.836 6.617 6.410 6.215 6.032 5.858

7.079 6.844 6.623 6.416 6.220 6.036 5.862

7.087 6.851 6.629 6.420 6.224 6.039 5.865

7.094 6.856 6.634 6.425 6.228 6.042 5.867

7.100 6.861 6.638 6.428 6.231 6.045 5.869

7.105 6.866 6.642 6.431 6.233 6.047 5.871

7.110 6.870 6.645 6.434 6.236 6.049 5.873

7.114 6.873 6.648 6.436 6.238 6.051 5.874

7.117 6.876 6.650 6.438 6.239 6.052 5.875

7.120 6.879 6.652 6.440 6.241 6.053 5.876

7.123 6.881 6.654 6.442 6.242 6.054 5.877

7.126 6.883 6.656 6.443 6.243 6.055 5.878

7.128 6.885 6.657 6.444 6.244 6.056 5.879

7.130 6.886 6.659 6.445 6.245 6.057 5.879

7.131 6.887 6.660 6.446 6.246 6.057 5.880

7.133 6.889 6.661 6.447 6.246 6.058 5.880

7.134 6.890 6.661 6.447 6.247 6.058 5.880

7.135 6.891 6.662 6.448 6.247 6.058 5.881

7.136 6.891 6.663 6.449 6.248 6.059 5.881

7.137 6.892 6.663 6.449 6.248 6.059 5.881

7.138 6.893 6.664 6.449 6.248 6.059 5.881

7.138 6.893 6.664 6.450 6.248 6.059 5.881

7.139 6.893 6.664 6.450 6.249 6.060 5.882

7.139 6.894 6.665 6.450 6.249 6.060 5.882

7.140 6.894 6.665 6.450 6.249 6.060 5.882

7.140 6.895 6.665 6.450 6.249 6.060 5.882

7.140 6.895 6.665 6.451 6.249 6.060 5.882

7.141 6.895 6.666 6.451 6.249 6.060 5.882

7.141 6.895 6.666 6.451 6.249 6.060 5.882

7.141 6.895 6.666 6.451 6.250 6.060 5.882

7.141 6.896 6.666 6.451 6.250 6.060 5.882

7.142 6.896 6.666 6.451 6.250 6.060 5.882

7.142 6.896 6.666 6.451 6.250 6.060 5.882

7.142 6.896 6.666 6.451 6.250 6.060 5.882

7.142 6.896 6.666 6.451 6.250 6.060 5.882

7.142 6.896 6.666 6.451 6.250 6.060 5.882

7.142 6.896 6.666 6.451 6.250 6.060 5.882

7.142 6.896 6.666 6.451 6.250 6.061 5.882

7.142 6.896 6.666 6.451 6.250 6.061 5.882

7.142 6.896 6.666 6.451 6.250 6.061 5.882

7.142 6.896 6.666 6.451 6.250 6.061 5.882

7.143 6.896 6.667 6.451 6.250 6.061 5.882

7.143 6.896 6.667 6.452 6.250 6.061 5.882

7.143 6.896 6.667 6.452 6.250 6.061 5.882

7.143 6.896 6.667 6.452 6.250 6.061 5.882

7.143 6.896 6.667 6.452 6.250 6.061 5.882

7.143 6.896 6.667 6.452 6.250 6.061 5.882

7.143 6.896 6.667 6.452 6.250 6.061 5.882

7.143 6.896 6.667 6.452 6.250 6.061 5.882

7.143 6.896 6.667 6.452 6.250 6.061 5.882

7.143 6.896 6.667 6.452 6.250 6.061 5.882

7.143 6.896 6.667 6.452 6.250 6.061 5.882

7.143 6.896 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

7.143 6.897 6.667 6.452 6.250 6.061 5.882

17.50% 18.00% 18.50% 19.00% 19.50% 20.00%
0.851 0.847 0.844 0.840 0.837 0.833

1.575 1.566 1.556 1.547 1.537 1.528

2.192 2.174 2.157 2.140 2.123 2.106

2.716 2.690 2.664 2.639 2.613 2.589

3.163 3.127 3.092 3.058 3.024 2.991

3.543 3.498 3.453 3.410 3.367 3.326

3.866 3.812 3.758 3.706 3.655 3.605

4.142 4.078 4.015 3.954 3.895 3.837

4.376 4.303 4.232 4.163 4.096 4.031

4.575 4.494 4.415 4.339 4.265 4.192

4.745 4.656 4.570 4.486 4.406 4.327

4.889 4.793 4.700 4.611 4.523 4.439

5.012 4.910 4.810 4.715 4.622 4.533

5.117 5.008 4.903 4.802 4.705 4.611

5.206 5.092 4.982 4.876 4.774 4.675

5.281 5.162 5.048 4.938 4.832 4.730

5.346 5.222 5.104 4.990 4.880 4.775

5.401 5.273 5.151 5.033 4.921 4.812

5.447 5.316 5.191 5.070 4.954 4.843

5.487 5.353 5.224 5.101 4.983 4.870

5.521 5.384 5.252 5.127 5.007 4.891

5.550 5.410 5.276 5.149 5.026 4.909

5.574 5.432 5.296 5.167 5.043 4.925

5.595 5.451 5.313 5.182 5.057 4.937

5.613 5.467 5.328 5.195 5.069 4.948

5.628 5.480 5.340 5.206 5.078 4.956

5.641 5.492 5.350 5.215 5.086 4.964

5.652 5.502 5.359 5.223 5.093 4.970

5.661 5.510 5.366 5.229 5.099 4.975

5.669 5.517 5.372 5.235 5.104 4.979

5.676 5.523 5.377 5.239 5.108 4.982

5.681 5.528 5.382 5.243 5.111 4.985

5.686 5.532 5.385 5.246 5.114 4.988

5.691 5.536 5.389 5.249 5.116 4.990

5.694 5.539 5.391 5.251 5.118 4.992

5.697 5.541 5.393 5.253 5.120 4.993

5.700 5.543 5.395 5.255 5.121 4.994

5.702 5.545 5.397 5.256 5.122 4.995

5.704 5.547 5.398 5.257 5.123 4.996

5.705 5.548 5.399 5.258 5.124 4.997

5.707 5.549 5.400 5.259 5.125 4.997

5.708 5.550 5.401 5.260 5.125 4.998

5.709 5.551 5.402 5.260 5.126 4.998

5.710 5.552 5.402 5.261 5.126 4.998

5.710 5.552 5.403 5.261 5.127 4.999

5.711 5.553 5.403 5.261 5.127 4.999

5.711 5.553 5.404 5.262 5.127 4.999

5.712 5.554 5.404 5.262 5.127 4.999

5.712 5.554 5.404 5.262 5.127 4.999

5.712 5.554 5.404 5.262 5.128 4.999

5.713 5.554 5.404 5.262 5.128 5.000

5.713 5.555 5.405 5.263 5.128 5.000

5.713 5.555 5.405 5.263 5.128 5.000

5.713 5.555 5.405 5.263 5.128 5.000

5.713 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.555 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

5.714 5.556 5.405 5.263 5.128 5.000

UNIVERSIDAD MARIANO GALVEZ DE GUATEMALA
CALCULOS PARA VALOR PRESENTE UN SOLO MONTO

Formula Sustituyendo Valores

PV = FV 1 PV = 1
(1+i)^n 750.3783448

SOLO CAMBIAR ESTOS DATOS

Periodos 40
Tasa 18.00%
Valor Futuro 100,000.00
 1 2 Resultado de las Formulas
VALOR FUTURO PV IF
1 1 100,000.00 0.0013
750.3783448 750.378

RESPUESTA.

El valor presente de los fondos determinados n

para comprar una entrada a un concierto de
 3
VALOR PRESENTE
$ 133

fondos determinados no bastaría

trada a un concierto de $140.
Formula Sustituyendo Valores

PV = FV 1 PV = 1
(1+i)^n 1,083.6574416

SOLO CAMBIAR ESTOS DATOS

Periodos 50
Tasa 15.00%
Valor Futuro 200,000.00

Formula Sustituyendo Valores

PV = FV 1 PV = 1
(1+i)^n 11.4673998

SOLO CAMBIAR ESTOS DATOS

Periodos 50
Tasa 5.00%
Valor Futuro 200,000.00

R// La diferencia del valor

descuentode 15% y
 1 2

1 1
1,083.6574416 1,083.657

1 2

1 1
11.4673998 11.467

del valor presente si se usa una tasa d

de 15% y una de 5% es de 17,256
 Resultado de las Formulas 3
VALOR FUTURO PV IF VALOR PRESENTE
200,000.00 0.0009 $ 185

Resultado de las Formulas 3

VALOR FUTURO PV IF VALOR PRESENTE
200,000.00 0.0872 $ 17,441

si se usa una tasa de

% es de 17,256
UNIVERSIDAD MARIANO GALVEZ DE GUATEMALA
CALCULOS PARA VALOR PRESENTE UN SOLO MONTO

Formula Sustituyendo Valores

PV = FV 1 PV =
(1+i)^n

SOLO CAMBIAR ESTOS DATOS

Periodos 6
Tasa 12.00%
Valor Futuro 12,000.00

Formula Sustituyendo Valores

PV = FV 1 PV =
(1+i)^n

SOLO CAMBIAR ESTOS DATOS

Periodos 15
Tasa 8.00%
Valor Futuro 15,000.00
UNIVERSIDAD MARIANO GALVEZ DE GUATEMALA
CALCULOS PARA VALOR PRESENTE UNA ANUALIDAD

Formula 1

PVA = A 1 - 1
(1+i)^n
i

SOLO CAMBIAR ESTOS DATOS

Periodos
Tasa
Anualidad
Formula 1

PVA = A 1 - 1
(1+i)^n
i

SOLO CAMBIAR ESTOS DATOS

Periodos
Tasa
Anualidad
ATEMALA

1 2

1 1
1.9738227 1.974

1 2

1 1
3.1721691 3.172
ATEMALA

Sustituyendo Valores 2

PVA = 5,000.00 1 - 1
2.16
8.00%

10
8.00%
5,000.00
Sustituyendo Valores 2

PVA = 40,000.00 1 - 1
21.72
8.00%

40
8.00%
40,000.00
Resultado de las Formulas 3
VALOR FUTURO PV IF VALOR PRESENTE
12,000.00 0.5066 $ 6,080

Resultado de las Formulas 3

VALOR FUTURO PV IF VALOR PRESENTE
15,000.00 0.3152 $ 4,729
1 -

8.00%
1 -

8.00%
 3 4

0.4632 0.5368

8.00%
 3 4

0.046 0.954

8.00%
Resultado de las Formulas 3
Anualidad PV IFA VALOR PRESENTE
5,000.00 6.7101 $ 33,550

1 5000 4629.62962963
2 5000 4286.694101509
3 5000 3969.161205101
4 5000 3675.149263982
5 5000 3402.915985169
6 5000 3150.848134416
7 5000 2917.451976311
8 5000 2701.34442251
9 5000 2501.244835657
10 5000 2315.967440423
33550.40699471
Resultado de las Formulas 3
Anualidad PV IFA VALOR PRESENTE
40,000.00 11.9246 $ 476,985

1 40000 37037.04
2 40000 34293.55
3 40000 31753.29
4 40000 29401.19
5 40000 27223.33
6 40000 25206.79
7 40000 23339.62
8 40000 21610.76
9 40000 20009.96
10 40000 18527.74
11 40000 17155.31
12 40000 15884.55
13 40000 14707.92
14 40000 13618.44
15 40000 12609.67
16 40000 11675.62
17 40000 10810.76
18 40000 10009.96
19 40000 9268.48
20 40000 8581.93
21 40000 7946.23
22 40000 7357.62
23 40000 6812.61
24 40000 6307.97
25 40000 5840.72
26 40000 5408.07
27 40000 5007.47
28 40000 4636.55
29 40000 4293.10
30 40000 3975.09
31 40000 3680.64
32 40000 3408.00
33 40000 3155.56
34 40000 2921.81
35 40000 2705.38
36 40000 2504.98
37 40000 2319.43
38 40000 2147.62
39 40000 1988.54
40 40000 1841.24
Q 476,985
UNIVERSIDAD MARIANO GALVEZ DE GUATEMALA
CALCULOS PARA VALOR FUTURO DE UN SOLO MONTO

FORMULA US$1.00 VF = PV (1+i)^n

Calculos de la formula 1
PV 12,000.00 1.61051

PV 19,326.12 5.3502501
MALA

Valor Presente Periodos Tasa

$ 12,000.00 5 10%

SOLO CAMBIAR ESTOS DATOS

Periodos 5
Tasa 10.00%
Valor Presente 12,000.00

SOLO CAMBIAR ESTOS DATOS

Periodos 12
Tasa 15.00%
Valor Presente 19,326.12
 VALOR FUTURO
$ 19,326.12
Q103,399.58
Q122,725.70

RESPUESTA: El dinero que tendrá al transcurrir 17 años es de (Q.122,725.70)

UNIVERSIDAD MARIANO GALVEZ DE GUATEMALA
CALCULOS PARA VALOR PRESENTE UNA ANUALIDAD

Formula 1 Sustituyendo Valores

PVA = A 1 - 1 PVA =
(1+i)^n
i

SOLO CAMBIAR ESTOS DATOS

Periodos 14
Tasa 8.00%
Anualidad 6,500.00

EJERCICIO 6

PVA =

SOLO CAMBIAR ESTOS DATOS

Periodos
Tasa
Anualidad

PVA =

SOLO CAMBIAR ESTOS DATOS

Periodos
Tasa
Anualidad
 2

6,500.00 1 - 1 1 -
2.9371936
0.08 8.00%

1,500.00 1 - 1 1 -
1.7908477
0.06 6.00%

TOS DATOS
10
6.00%
 1,500.00

Tasa 1 - 1 1 -
1.7908477
0.06 6.00%

TOS DATOS
10
6.00%
1,500.00
 3 4 Resultado de las Formulas
Anualidad
0.34046104 0.659539 6,500.00

8.00% 8.00%

Anualidad
0.55839478 0.4416052 1,500.00

6.00% 6.00%
 Anualidad
0.55839478 0.4416052 1,500.00

6.00% 6.00%
e las Formulas 3
PV IFA VALOR PRESENTE
8.2442 $ 53,588

PV IFA VALOR PRESENTE

7.3601 $ 11,040
PV IFA VALOR PRESENTE
7.3601 $ 11,040
ALTERNATIVA 1

Formula

PV = FV 1
(1+i)^n

SOLO CAMBIAR ESTOS DATOS

Periodos
Tasa
Valor Futuro

Formula

PV = FV 1
(1+i)^n

SOLO CAMBIAR ESTOS DATOS

Periodos
Tasa
Valor Futuro

ALTERNATIVA 2

Formula

(1+i)^n - 1
 i

SOLO CAMBIAR ESTOS DATOS

Periodos
Tasa
Anualidad

Formula

(1+i)^n - 1
i

SOLO CAMBIAR ESTOS DATOS

Periodos
Tasa
Anualidad

FORMULA US$1.00 VF = PV (1+i)^n

Calculos de la formula
PV 12,000.00 2.304538
FORMULA US$1.00 VF = PV (1+i)^n

Calculos de la formula
PV 12,000.00 2.475963

R//
QUE ELEGIR GANAR EL 12% ANUAL SEGUIRIA ELIGIENDO LA MISMA OPCION YA QUE EL
MONTO SE MANTIENE E INCREMENTA.
Sustituyendo Valores 1 2

PV = 1 1
1.1100000 1.110

1
11.00%
5,000.00

Sustituyendo Valores 1 2

PV = 1 1
1.1200000 1.120

1
12.00%
5,000.00

Sustituyendo Valores 1 2

230.45% - 1 1.30453776972
 11.00% 11.00%

8
11.00%
1,000.00

Sustituyendo Valores 1 2

247.60% - 1 1.47596317629
12.00% 12.00%

8
12.00%
1,000.00

Valor Presente Periodos

PV (1+i)^n ### 8

1
SOLO CAMBIAR ESTOS DATOS
Periodos
Tasa
Valor Presente

Valor Presente Periodos

PV (1+i)^n ### 8

1
SOLO CAMBIAR ESTOS DATOS
Periodos
Tasa
Valor Presente
Resultado de las Formulas
VALOR FUTURO PV IF
5,000.00 0.9009

Resultado de las Formulas

VALOR FUTURO PV IF
5,000.00 0.8929

Resultado de las Formulas

Anualidad VF IFA
1,000.00 11.86
 Resultado de las Formulas
Anualidad VF IFA
1,000.00 12.30

Tasa VALOR FUTURO

11% $ 27,654.45

STOS DATOS
8
11.00%
12,000.00

Tasa VALOR FUTURO

 12% $ 29,711.56

STOS DATOS
8
12.00%
12,000.00
 3
VALOR PRESENTE
$ 4,505

3
VALOR PRESENTE
$ 4,464

3
VALOR FUTURO
$ 11,859.43
 3
VALOR FUTURO
$ 12,299.69