Capit rest° du Capit rest° du

Années Intérêt principale Annuité

Deb-period Fin-period
A=I / (1–(1+i)n)
-- C0 I 1 = C0 * i Pk = I / (1+i)n – 1) C1 = C0 - P1
=I+P
1 1,000,000 70,000 139795.799758328 209795.7997583 860,204
2 860,204 60214.29401692 149581.505741411 209795.7997583 710,623
3 710,623 49743.58861502 160052.21114331 209795.7997583 550,570
4 550,570 38539.93383499 171255.865923341 209795.7997583 379,315
5 379,315 26552.02322035 183243.776537976 209795.7997583 196,071
6 196,071 13724.95886269 196070.840895634 209795.7997583 0
Total 258,775 1,000,000 1,258,775

209,796 0
209,796
209,796
209,796
209,796
209,796
Années Obligations Intérêt (I) Obligations Annuités (a: Amortissement Obligations
Vivantes Amorties (µ: échéances) (P) Vivantes Fin de
Début de titres période (N1)
période (N0) remboursés)

-- Nbr I=N0.VN.i µk=(N0*i)/ A= I / 1 -(1+i)-n P = µk . VR

d’obligations [(1+i) n -1]
émises =(a2-i2)/VR

1 12,000.00 144,000.00 3,556.19 499,618.78 355,618.78 8,443.81

2 8,443.81 101,325.75 3,982.93 499,618.78 398,293.03 4,460.88
3 4,460.88 53,530.58 4,460.88 499,618.78 446,088.19 -
6 12,904.69 298,856.33 12,000.00 1,498,856.33 1,200,000.00 12,904.69

Années Obligations Intérêt (I) Obligations Annuités (a: Amortissement Obligations

Vivantes Amorties (µ: échéances) (P) Vivantes Fin de
Début de titres période (N1)
période (N0) remboursés)

-- Nbr I=N0.VN.i µk=(N0*i)/ A= I / 1 -(1+ P = µk . VR

d’obligations [(1+VN/VR*i) VN/VR*i)-n
émises n
-1] =(a2-
i2)/VR

1 12,000.00 144,000.00 3,625.38 579,045.32 435,045.32 8,374.62

2 8,374.62 100,495.47 3,987.92 579,045.32 478,549.85 4,386.71
3 4,386.71 52,640.48 4,386.71 579,045.32 526,404.83 0.00
total 12,761.33 297,135.95 12,000.00 1,737,135.95 1,440,000.00 12,761.33
i n VN VR

12% 3 100 100

0.12 3.00 100.00 100.00

0.12 2.00 100.00 100.00
0.12 1.00 100.00 100.00
NA NA NA NA

i n VN VR (VN/VR)*i

12% 3 100

120.00

0.12 3.00 100.00 120.00 0.10

0.12 2.00 100.00 120.00 0.10
0.12 1.00 100.00 120 10%
NA NA NA NA