Professional Documents
Culture Documents
850,000.00
2 ................................................................................
24
..................................................................................
R = S .FDFA = S.
R=
25,792.01
R = S.FDFA= S.
frmula excel
i
(1 + i) n - 1
i
1
1
=
S
.
=
S
.
FCS
(1+ i)n -1
(1+ i)n -1
i
R = S/. 25,792.01
ra dentro de dos
r depsitos iguales
n que paga el
de los depsitos.
= S.
1
(1+ i)n -1
i
EJERCICIO DE ANUALIDADES
ejercicio 4.2 texto de Jaime Garca, Matemticas Financieras, cuarta edicin
fin de mes
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
anualidad
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
20,000.00
sumatoria =
i = 2.5%
valor presente
Hallar el valor de contado de un
artculo que a crdito se adquiere
con 18 cuotas de S/ 20,000 cada
una por mes vencido sabiendo que
se cobra un inters del 2.5%
mensual.
P = R * FAS
S/. 0.00
contado de un
dito se adquiere
S/ 20,000 cada
ido sabiendo que
s del 2.5%
2.50%
1.025
ejemplo 4.9
periodo
nmero de la
periodos a
de
cuota
capitalizarse :
tiempo real
anticipada
24 - (periodo
"n"
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
"Ra"
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
de tiempo real
anualidad
24
23
22
21
20
19
18
17
16
15
14
13
12
11
10
9
8
7
6
5
4
3
2
1
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
140,000.00
suma F =
flujo anticipado
R1
R2 R3
R4
4,642,086.95
4,642,086.95
R5
valor futuro
"S"
253,221.63
247,045.50
241,020.00
235,141.46
229,406.30
223,811.03
218,352.22
213,026.56
207,830.79
202,761.74
197,816.33
192,991.55
188,284.44
183,692.13
179,211.84
174,840.82
170,576.41
166,416.01
162,357.08
158,397.15
154,533.80
150,764.69
147,087.50
143,500.00
R6 R7 R8
R24
7 .........23 24
S = Ra * FCS * (1+ i )
Ra = 0.4 * 350,000.00
Ra = 140,000.00
S = Ra.
(1+ i)n -1
.(1+ i)
i
S=
frmula de
excel
= Ra * FCS * (1+ i )
a = 0.4 * 350,000.00
a = 140,000.00
= Ra.
(1+ i)n -1
.(1+ i)
i
4,642,086.95
$4,642,086.95
850,000.00
periodos a
de
actualizarse
tiempo real
cada cuota
0
1
2
3
4
5
6
7
8
9
10
11
12
----1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
anualidades
tasa de inters
valor presente
efectiva
de cada
mensual
anualidad
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
2.210%
2.210%
2.210%
2.210%
2.210%
2.210%
2.210%
2.210%
2.210%
2.210%
2.210%
2.210%
2.210%
suma1
21,524.31
21,058.91
20,603.57
20,158.08
19,722.22
19,295.78
18,878.56
18,470.37
18,071.00
17,680.27
17,297.98
16,923.96
229,685.01
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
22,000.00
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
2.400%
21,484.38
20,980.83
20,489.10
20,008.88
19,539.93
19,081.96
18,634.72
18,197.97
17,771.46
17,354.94
16,948.18
16,550.96
16,163.05
15,784.23
15,414.28
15,053.01
14,700.21
14,355.67
suma total
inters =2.21%
suma2 =
318,513.76
suma3 =
suma2*1/(1+i)**12
suma3 =
245,023.39
suma total =
suma 1 + suma 3
suma total =
474,708.40
inters = 2.4%
($ 21,524.31)
($ 42,583.22)
($ 63,186.80)
($ 83,344.87)
($ 103,067.09)
($ 122,362.87)
($ 141,241.44)
($ 159,711.80)
($ 177,782.80)
($ 195,463.07)
($ 212,761.05)
($ 229,685.01)
0 1 2 3 4
6 7 ............12 13 14
.......... 30
periodos a
de
actualizarse :
tiempo real
anualidad
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
hasta el 22
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
26,000.00
P1
valor presente
del periodo 5
hasta el 22
25,242.72
24,507.49
23,793.68
23,100.66
22,427.83
21,774.59
21,140.38
20,524.64
19,926.84
19,346.44
18,782.95
18,235.88
17,704.73
17,189.06
16,688.41
16,202.34
15,730.43
15,272.26
P4 =
P1=
357,591.34
327,246.73
Se adquiere hoy un
electrodomstico financiado de la
siguiente manera: 18 cuotas
mensuales de S/.26,000.00 cada
una, para cancelar la primera
dentro de 5 meses y una tasa de
inters del 3% mensual.
Transcurido un mes se opta por
cubrir en un solo pago el valor de
la deuda. Hallar el valor de este
pago nico.
3%
P1 = FAS18
.FSA33%
P1 =
(1 + i ) n1 - 1
1
.
(1 + i ) n1.i (1 + i ) n2
n1 = 18
n2 = 3
P1=
frmula de
excel
0 1 2 3 4 5
P4
6 7 .................
22
327,246.73
-327,246.73
3%
S18
.FSA33%
1 -1
n1.i
1
(1 + i ) n2
nmero de la
periodos a
de
cuota
actualizarse
tiempo
anticipada
(# de cuota) -1
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
anualidad
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
valor presente
15,000.00
14,563.11
14,138.94
13,727.12
13,327.31
12,939.13
12,562.26
12,196.37
11,841.14
11,496.25
11,161.41
10,836.32
10,520.70
10,214.27
9,916.77
9,627.93
9,347.50
9,075.25
sumatoria =
P = R.
P=
frmula de
excel
212,491.78
212,491.78
flujo anticipado
R1
R2
R3
R4.........................R18
meses
4 ................... 17
18
(1 + i) n -1
.(1 + i)
(1 + i) n .i
na obligacin que en un
mento se habra
ubrir en 18 cuotas de
00 por mes anticipado,
pagarla al contado. Si
inters acordada es del
al, hallar el valor al
= R * FAS * (1+ i )
P = R.
(1 + i) n -1
.(1 + i)
(1 + i) n .i
212,491.78
-$212,491.78
fin de mes
1
2
3
4
5
6
anualidad
1,168,103.00
1,168,103.00
1,168,103.00
1,168,103.00
1,168,103.00
1,168,103.00
sumatoria1 =
valor presente
de la
anualidad
1,081,576.85
1,001,460.05
927,277.82
858,590.58
794,991.27
736,103.03
5,399,999.60
1
trimestre
0
1
2
3
4
5
6
intereses
cuota
432,000.00
373,111.75
309,512.45
240,825.19
166,642.96
86,526.15
abono de
capital
1,168,103.09
1,168,103.09
1,168,103.09
1,168,103.09
1,168,103.09
1,168,103.09
736,103.09
794,991.34
858,590.64
927,277.90
1,001,460.13
1,081,576.94
2
3
4
trimestres
saldo
5,400,000.00
4,663,896.91
3,868,905.57
3,010,314.93
2,083,037.03
1,081,576.91
-0.03
unidades monetarias
diagrama de desembolsos
6,000,000.00
5,500,000.00
5,000,000.00
4,500,000.00
4,000,000.00
3,500,000.00
3,000,000.00
2,500,000.00
2,000,000.00
1,500,000.00
1,000,000.00
500,000.00
0.00
-500,000.00
3
trimestres
5
6
intereses
cuota
abonos de capital
saldo deudor
0.00 a un ao y
strales iguales a
minal anual
8.0000%
1.0800
(1 + i ) n .i
R = P.FRC = P.
(1 + i ) n - 1
R=
frmula
excel
1,168,103.09
-$1,168,103.09
$42,000.00
3 ......................................................................."n"
.....................................................................
R
R = $2,000.00
P = R . FAS = R .
P = R
(1 + i ) n - 1)
(1 + i ) n * i
(1 - (1 + i ) - n )
i
P
* i - 1 = - (1 + i ) - n
R
P
ln( 1 * i ) = - n ln( 1 + i )
R
P
- ln( 1 * i)
R
n =
ln( 1 + i )
n=
frmula de
excel
meses
de $ 42,000 y debe
suales de $2,000.00
nters que cobra es
bo de cunto tiempo
EJERCICIOS DE ANUALIDADES
ejercicio 4.4 texto de Jaime Garca, Matemticas Financieras, cuarta edicin
fin de mes
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
anualidad
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
3,526.37
sumatoria =
i = 3%
valor presente
3,423.66
3,323.94
3,227.13
3,133.14
3,041.88
2,953.28
2,867.26
2,783.75
2,702.67
2,623.95
2,547.53
2,473.33
2,401.29
2,331.35
2,263.44
2,197.52
2,133.51
2,071.37
R = P FRC
( 1 + i ) n .i
R = P.
(1 + i ) n - 1
R=
48,500.00
48,500.00
0
frmula excel
funcin pago
R=
-$3,526.37
3,526.37
7 .............18
3.00%
1.03
7 .............18
periodos a
capitalizarse
fin de mes
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
18 - (# de mes)
17
16
15
14
13
12
11
10
9
8
7
6
5
4
3
2
1
0
anualidad
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
12,000.00
sumatoria =
frmula excel=
valor presente
19,834.17
19,256.48
18,695.61
18,151.08
17,622.40
17,109.13
16,610.81
16,127.00
15,657.28
15,201.24
14,758.49
14,328.63
13,911.29
13,506.11
13,112.72
12,730.80
12,360.00
12,000.00
280,973.22
$280,973.22
..............................................................................................................................................
0
1 2
....................................................................................................
18
0.03
1.03