quanto tenho que poupar por ano para depois de 30 anos ter US$ 1milhão

dado US$ 1 milhão daqui 30 anos, se tiver mais 20 anos de vida, quanto posso gastar por ano?

P= R$1,000,000.00 A
I [% a.a.] 10% 0
1 6,079.25
2 6,079.25
pmt = 106079.25 3 6,079.25
4 6,079.25
VFL = (R$17,449,402.27) 5 6,079.25
6 6,079.25
A= F/(1+i)^n 7 6,079.25
8 6,079.25
algébrico A= 6,079.25 9 6,079.25
10 6,079.25
excel A/F= R$6,079.25 11 6,079.25
12 6,079.25
13 6,079.25
14 6,079.25
15 6,079.25
16 6,079.25
17 6,079.25
18 6,079.25
19 6,079.25
20 6,079.25
21 6,079.25
22 6,079.25
23 6,079.25
24 6,079.25
25 6,079.25
26 6,079.25
27 6,079.25
28 6,079.25
29 6,079.25
30 6,079.25

182,377.45
 0
1
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3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
ter US$ 1milhão
e vida, quanto posso gastar por ano?

A*(1+i)^n VF juros

6,079.25 -
6,687.17 607.92
7,355.89 1,276.64
8,091.48 2,012.23
8,900.63 2,821.38
9,790.69 3,711.44
10,769.76 4,690.51
11,846.74 5,767.49
13,031.41 6,952.16
14,334.55 8,255.30
15,768.00 9,688.76
17,344.80 11,265.56
19,079.29 13,000.04
20,987.21 14,907.97
23,085.94 17,006.69
25,394.53 19,315.28
27,933.98 21,854.73
30,727.38 24,648.13
33,800.12 27,720.87
37,180.13 31,100.88
40,898.14 34,818.89
44,987.96 38,908.71
49,486.75 43,407.50
54,435.43 48,356.18
59,878.97 53,799.72
65,866.87 59,787.62
72,453.55 66,374.31
79,698.91 73,619.66
87,668.80 81,589.55
96,435.68 90,356.43

1,000,000.00
k vivo
 pmt amort juros 1,000,000.00
R$117,459.62 17,459.62 100,000.00 982,540.38 R$9,788.30
117,459.62 19,205.59 98,254.04 963,334.79
117,459.62 21,126.15 96,333.48 942,208.64
117,459.62 23,238.76 94,220.86 918,969.88
117,459.62 25,562.64 91,896.99 893,407.24
117,459.62 28,118.90 89,340.72 865,288.34
117,459.62 30,930.79 86,528.83 834,357.55
117,459.62 34,023.87 83,435.76 800,333.68
117,459.62 37,426.26 80,033.37 762,907.43
117,459.62 41,168.88 76,290.74 721,738.55
117,459.62 45,285.77 72,173.85 676,452.78
117,459.62 49,814.35 67,645.28 626,638.43
117,459.62 54,795.78 62,663.84 571,842.65
117,459.62 60,275.36 57,184.26 511,567.29
117,459.62 66,302.90 51,156.73 445,264.39
117,459.62 72,933.19 44,526.44 372,331.21
117,459.62 80,226.50 37,233.12 292,104.70
117,459.62 88,249.15 29,210.47 203,855.55
117,459.62 97,074.07 20,385.55 106,781.48
117,459.62 106,781.48 10,678.15 0.00
F 1,000,000.00
n [anos) = 30 ano A VF
i[ 5% 0
1 15051.44 15,051
2 15051.44 30,855
3 15051.44 47,450
A série uniforme 4 15051.44 64,874
5 15051.44 83,169
excel (R$15,051.44) 6 15051.44 102,379
7 15051.44 122,549
algebricamente 15,051.44 8 15051.44 143,728
9 15051.44 165,966
VF = F.i/(((1+i)^n)-1) 10 15051.44 189,315
11 15051.44 213,833
12 15051.44 239,576
13 15051.44 266,606
14 15051.44 294,988
15 15051.44 324,788
16 15051.44 356,079
17 15051.44 388,935
18 15051.44 423,433
19 15051.44 459,656
20 15051.44 497,690
21 15051.44 537,626
22 15051.44 579,559
23 15051.44 623,588
24 15051.44 669,819
25 15051.44 718,361
26 15051.44 769,331
27 15051.44 822,849
28 15051.44 879,043
29 15051.44 938,046
30 15051.44 1,000,000
 0
1
2
3
4
5
VF

VP
TABELA PRICE I [%a.a.]

ALGEBRICAMENTE 0
EXCEL (R$250,456.45) 1
2
3
4
5

Paulo pagou $50 à vista por mot

ALGEBRICAM
EXCEL

(1+I)ˆn * i/(1+i)^n-1
 I [a.a] = 10%
P 1000

1610.51 algebricamente
VP 1000
(R$1,610.51) excel

1000000
8%
PRESTACAO JUROS AMORT KVIVO
1,000,000.00
250,456.45 80,000.00 170,456.45 829,543.55
250,456.45 66,363.48 184,092.97 645,450.57
250,456.45 51,636.05 198,820.41 446,630.17
250,456.45 35,730.41 214,726.04 231,904.12
250,456.45 18,552.33 231,904.12 -
1,252,282.27 252,282.27 1,000,000.00

ulo pagou $50 à vista por moto de $400. O resto foi financiado em n = 10 e i = 5% a.m.? Qual a prestação?

PRICE
PMT (A) JUROS AMORT K VIVO VP
0 350.00 350.00
16.5 1 45.33 17.50 27.83 322.17 43.17
R$45.33 2 45.33 16.11 29.22 292.96 41.11
3 45.33 14.65 30.68 262.28 39.15
4 45.33 13.11 32.21 230.06 37.29
+I)ˆn * i/(1+i)^n-1 5 45.33 11.50 33.82 196.24 35.51
6 45.33 9.81 35.51 160.73 33.82
7 45.33 8.04 37.29 123.44 32.21
8 45.33 6.17 39.15 84.28 30.68
9 45.33 4.21 41.11 43.17 29.22
10 45.33 2.16 43.17 - 27.83
103.27 350.00 1715.32

Chart Title
60.00
 Chart Title
60.00

50.00

40.00

30.00

20.00

10.00

0.00
1 2 3 4 5 6 7
 SAC VP
VP ACUM AMORT JURO PREST K VIVO \
350
43.17 35.00 17.50 52.50 315.00 50.00
84.28 35.00 15.75 50.75 280.00 46.03
123.44 35.00 14.00 49.00 245.00 42.33
160.73 35.00 12.25 47.25 210.00 38.87
196.24 35.00 10.50 45.50 175.00 35.65
230.06 35.00 8.75 43.75 140.00 32.65
262.28 35.00 7.00 42.00 105.00 29.85
292.96 35.00 5.25 40.25 70.00 27.24
322.17 35.00 3.50 38.50 35.00 24.82
350.00 35.00 1.75 36.75 0.00 22.56
350.00 96.25

Chart Title
Chart Title

5 6 7 8 9 10
VPACUM

50.00
96.03
138.36
177.23
212.88
245.53
275.38
302.62
327.44
350.00
 FAC A
pmt = Kvivo (i/((1+i)^n)-1 + i.Kvivo = Io .i .((1+i)^n)/((1+i)^n

dep/amort juros K vivo

Io = 100,000.00 0 100,000.00
COC= 12% 1 8,185 11,815 91,815
FRC = R$ 20,000.00 2 9,153 10,847 82,662
ITDA/INV = 20% 3 10,234 9,766 72,428
4 11,443 8,557 60,985
5 12,795 7,205 48,190
6 14,307 5,693 33,884
7 15,997 4,003 17,887
8 17,887 2,113 -
100,000

QUAL SERIA A DEPf ?

no sentido do Fleischer
MÉTO

QUAL SERIA A DEP e ?

INV 100,000.00 Métodos de substituição
LB 20,000.00 ebitda
DEP 12,500.00
DRE LT 7,500.00
IR 1,500.00
DRE

LB - IR - DEP = LL CONTÁBIL 6,000.00 6% TRC

TRC 6.00%
 qual o fundo? (A)
montar os 3 fluxos
demonstrar a 'formula

'1 '2 '3

P= 100,000
i [a.a.) = 5%
n [ano] = 8

e se tiver um valor residual de 20.000?

FRC
vo = Io .i .((1+i)^n)/((1+i)^n -1 PMT FC LIVRE
FAC
FRC (t) A DEP 28%
PRICE fator F valor FLUXO FINAL EBITDA X INV
pmt 0 0 - 100,000 - 100,000
20,000 0.0818549 8185 11815 20000 12,500 32,500
20,000 0.0996854 9153 10847 20000 12,500 32,500
20,000 0.1238042 10234 9766 20000 12,500 32,500
20,000 0.157991 11443 8557 20000 12,500 32,500
20,000 0.209804 12795 7205 20000 12,500 32,500
20,000 0.2968774 14307 5693 20000 12,500 32,500
20,000 0.4721112 15997 4003 20000 12,500 32,500
20,000 1 17887 2113 20000 12,500 32,500
100000 60000

L SERIA A DEPf ? 8,185 no primeiro período

ntido do Fleischer
MÉTODO DO FUNDO DE RENOVAÇÃO PARA A CONTABILIDADE DA DEPRECIAÇÃO (Fleischer p. 82/83)

L SERIA A DEP e ?
dos de substituição
ual o fundo? (A)
ontar os 3 fluxos caminhao
emonstrar a 'formula investimento inicial 100,000
i[a.a.] tma = 12%
n [ano] = 8
Valor residual = 0
lucro anual = 20,000

Pergunta?
O caminhão é viável econômicamente?

ITDA X INV

O (Fleischer p. 82/83)
 tir = 12%
0 (100,000)
1 20,000
2 20,000
3 20,000
4 20,000
ebitda 5 20,000
6 20,000
7 20,000
8 20,000
 camionete
investimento inicial 100,000 R-C
i[a.a.] tma = 5%
n [ano] = 8
Valor residual = 0
lucro anual = 20,000 ebitda lajirda

Pergunta?
O caminhão é viável econômicamente? INVEST k vivo juros
0 (100,000) 100,000
12% 1 20,000 89,527.82 5,000
2 20,000 78,532.03 4,476
3 20,000 66,986.45 3,927
4 20,000 54,863.59 3,349
5 20,000 42,134.59 2,743
6 20,000 28,769.14 2,107
7 20,000 14,735.41 1,438
- 8 20,000 - 737

12%
TIR K vivo juros
0 100,000
1 89,528 5,000
2 78,532 4,476
3 66,986 3,927
4 54,864 3,349
5 42,135 2,743
6 28,769 2,107
7 14,735 1,438
8 - 737

I= 11.81%
VA ponto
11.81% 0 -100000
1 20000 17887
2 20000 15997
3 20000 14307
4 20000 12795
5 20000 11443
6 20000 10234
 7 20000 9153
8 40000 16371
108185
13.94%

((P-VR)*PMT)+i.VR)
 PÁG 66 DOS SLIDES price (PMT)

'1 '2 '3

P= 100,000
i [a.a.) = 5%
n [ano] = 8

e se tiver um valor residual de 20.000?

price (A/P)
deprec caue
(100,000) i.P + i.P[(1+i)^n - 1]
10,472 15,472 i.P(1+(1+i)n - 1) i.P(1+i)^n)/(((1+i)ˆn-1
10,996 15,472
11,546 15,472
12,123 15,472
12,729 15,472
13,365 15,472
14,034 15,472
14,735 15,472
100,000
5.000%
amort irr Va acum
(100,000) Vpacum
10,472 15,472 14,735 14735
10,996 15,472 14,034 28769
11,546 15,472 13,365 42135
12,123 15,472 12,729 54864
12,729 15,472 12,123 66986
13,365 15,472 11,546 78532
14,034 15,472 10,996 89528
14,735 15,472 10,472 100000 valuation 5%

VA acum juros Kvivo juros Kvivo amort

P-VR*PMT i.VR prest 100000
17887 12378 1000 13378 91622 5,000 8378
33884 12378 1000 13378 82826 4,581 8797
48190 12378 1000 13378 73589 4,141 9236
60985 12378 1000 13378 63891 3,679 9698
72428 12378 1000 13378 53708 3,195 10183
82662 12378 1000 13378 43015 2,685 10692
 91815 12378 1000 13378 31788 2,151 11227
108185 12378 1000 13378 20000 1,589 11788
demonstrar a 'formula (3)=1+2
qual o fundo? (A)
montar os 3 fluxos A
K FAC FRC
vivo 1 2 3

0 100,000
1 89,528 10,472 5,000 15472
2 77,246 12,282 4,476 15472
3 62,544 14,702 3,862 15472
4 44,447 18,097 3,127 15472
5 21,245 23,201 2,222 15472
6 (10,475) 31,721 1,062 15472
7 (59,256) 48,780 (524) 15472
8 (159,256) 100,000 (2,963) 15472
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