EJERCICIO 1.

Blanca Elena hace los siguientes depósitos en una cuenta de ahorros que le reconoce una
tasa del 1,00% mensual: $500.000 dentro de 5 meses, $800.000 dentro de 7 meses y
$1.000.000 dentro de 10 meses. Calcular
a) Saldo en la cuenta al final del año $ 2,396,975.72
b) El valor del depósito en el día de hoy para tener el mismo saldo al final del año

a) 1.00%
# DEPOSITO INTERES DEPOSITO + INTERES

0 0.00
1 0.00 0.00 0.00
2 0.00 0.00 0.00
3 0.00 0.00 0.00
4 0.00 0.00 0.00
5 500,000.00 0.00 500,000.00
6 0.00 5,000.00 5,000.00
7 800,000.00 5,050.00 805,050.00
8 0.00 13,100.50 13,100.50
9 0.00 13,231.51 13,231.51
10 1,000,000.00 13,363.82 1,013,363.82
11 0.00 23,497.46 23,497.46
12 0.00 23,732.43 23,732.43

EJERCICIO 2.
Una obligación de $ 5.000.000 al 2,0% mensual, se desea pagar con dos
cuotas iguales en los meses 6 y 8 del foma que al final del año que de un saldo pendien-
te de $500.000. Calcular el valor de los dos pagos iguales.

5,000,000 2.00% 2644762.88570774

# CUOTA INTERES ABONO

0
1
2
3
4
5
6
7
8
 9
10
11
12

EJERCICIO 3.
¿Cuánto tiempo debe esperar un inversionista para que una inversión de
$500.000 se convierta en $1.631.018,89, si el rendimiento es del 3% mensual?

SE CALCULA NPER
TASA 3%
CAPITAL 500,000.00
VALOR FUTURO 1,631,018.89
NPER (TIEMPO) 40

EJERCICIO 4.
Una persona debe pagar $10.000.000 dentro de 2 años y $20.000.000
dentro de 5 años. Pacta con su acreedor efectuar un único pago al
final de 3 años a la tasa del 15% semestral. Calcular el valor único de
pago a lo 3 años

VALOR ACTUAL TASA INCOGNITA TIEMPO

10,661,226.58 15% 24,660,064.91 3
SEMESTRAL 6

# CUOTA INTERES ABONO

0 0.00
1 0.00 1,599,183.99 -1,599,183.99
2 0.00 1,839,061.58 -1,839,061.58
3 0.00 2,114,920.82 -2,114,920.82
4 10,000,000.00 2,432,158.95 7,567,841.05
5 0.00 1,296,982.79 -1,296,982.79
6 0.00 1,491,530.21 -1,491,530.21
7 0.00 1,715,259.74 -1,715,259.74
8 0.00 1,972,548.70 -1,972,548.70
9 0.00 2,268,431.00 -2,268,431.00
10 20,000,000.00 2,608,695.65 17,391,304.35

EJERCICIO 5.
¿Cuánto tiempo se debe esperar para que una inversión al 1,89% mensual
se incremente en un 40?

VALOR ACTUAL 100

VALOR FUTURO 140
TASA MENSUAL 1.89%
TIEMPO 18 MESES

EJERCICIO 6.
José Luis está vendiendo su casa y recibe las siguientes ofertas:
a) Un empleado del gobierno le ofrece $100.000.000 de contado.
b) Un familiar le ofrece pagarle dentro de 1 año la suma de $137.000.000.
c) Juan David le ofrece pagarle hoy $70.000.000 y dentro de 10 meses la suma de $39.000.000.
Si José Luis puede invertir su dinero a una tasa del 2,50% mensual
¿Cuál oferta le conviene?

a) $100.000.000

b) CON FORMULA
TASA 2.50% MENSUAL
PLAZO 1 AйO
VALOR FUTURO 137,000,000.00
VALOR ACTUAL $ 101,867,156.25

CON TABLA DE AMORTIZACION

VALOR ACTUAL TASA INCOGNITA TIEMPO

101,867,156.25 2.50% 12

# CUOTA INTERES ABONO

0 0.00
1 0.00 2,546,678.91 -2,546,678.91
2 0.00 2,610,345.88 -2,610,345.88
3 0.00 2,675,604.53 -2,675,604.53
4 0.00 2,742,494.64 -2,742,494.64
5 0.00 2,811,057.01 -2,811,057.01
6 0.00 2,881,333.43 -2,881,333.43
7 0.00 2,953,366.77 -2,953,366.77
8 0.00 3,027,200.94 -3,027,200.94
9 0.00 3,102,880.96 -3,102,880.96
10 0.00 3,180,452.98 -3,180,452.98
11 0.00 3,259,964.31 -3,259,964.31
12 137,000,000.00 3,341,463.41 133,658,536.59
c)
CON TABLA DE AMORTIZACION
VALOR ACTUAL TASA INCOGNITA TIEMPO
100,466,737.67 2.50% 12
# CUOTA INTERES ABONO
0 70,000,000.00
1 0.00 761,668.44 -761,668.44
2 0.00 780,710.15 -780,710.15
3 0.00 800,227.91 -800,227.91
4 0.00 820,233.60 -820,233.60
5 0.00 840,739.44 -840,739.44
6 0.00 861,757.93 -861,757.93
7 0.00 883,301.88 -883,301.88
8 0.00 905,384.43 -905,384.43
9 0.00 928,019.04 -928,019.04
10 39,000,000.00 951,219.51 38,048,780.49
11 0.00 0.00 0.00
12 0.00 0.00 0.00

EJERCICIO 8.
Una persona debe pagar $5.000.000 dentro de 2 años. El acreedor acepta un pago hoy de $2.000.000 y un nuevo pago al final
Hallar el valor del nuevo pago con la tasa de interés del 2,00% mensual.

VALOR ACTUAL TASA INCOGNITA TIEMPO

3,108,607.44 2.00% 24
# CUOTA INTERES ABONO
0 0.00
1 0.00 62,172.15 -62,172.15
2 0.00 63,415.59 -63,415.59
3 0.00 64,683.90 -64,683.90
4 0.00 65,977.58 -65,977.58
5 0.00 67,297.13 -67,297.13
6 0.00 68,643.08 -68,643.08
7 0.00 70,015.94 -70,015.94
8 0.00 71,416.26 -71,416.26
9 0.00 72,844.58 -72,844.58
10 0.00 74,301.47 -74,301.47
11 0.00 75,787.50 -75,787.50
12 0.00 77,303.25 -77,303.25
13 0.00 78,849.32 -78,849.32
14 0.00 80,426.30 -80,426.30
15 0.00 82,034.83 -82,034.83
16 0.00 83,675.53 -83,675.53
17 0.00 85,349.04 -85,349.04
18 0.00 87,056.02 -87,056.02
19 0.00 88,797.14 -88,797.14
20 0.00 90,573.08 -90,573.08
21 0.00 92,384.54 -92,384.54
22 0.00 94,232.23 -94,232.23
23 0.00 96,116.88 -96,116.88
24 5,000,000.00 98,039.22 4,901,960.78
 2,127,194.24

b) $ 2,127,194.24
SALDO # CUOTA INTERES

0.00 0 0.00
0.00 1 0.00 21,271.94
0.00 2 0.00 21,484.66
0.00 3 0.00 21,699.51
0.00 4 0.00 21,916.50
500,000.00 5 500,000.00 22,135.67
505,000.00 6 0.00 17,357.03
1,310,050.00 7 800,000.00 17,530.60
1,323,150.50 8 0.00 9,705.90
1,336,382.01 9 0.00 9,802.96
2,349,745.83 10 1,000,000.00 9,900.99
2,373,243.28 11 0.00 0.00
$ 2,396,975.72 12 0.00 0.00

SALDO # CUOTA INTERES

0 0.00
1 0.00 100,000.00
2 0.00 102,000.00
3 0.00 104,040.00
4 0.00 106,120.80
5 0.00 108,243.22
6 2,644,762.89 110,408.08
7 0.00 59,720.98
8 2,644,762.89 60,915.40
 9 0.00 9,238.45
10 0.00 9,423.22
11 0.00 9,611.69
12 500,000.00 9,803.92

MENSUAL

MESES

AÑOS
SEMESTRES

SALDO # CUOTA INTERES

10,661,226.58 0 0.00
12,260,410.57 1 0.00 1,599,183.99
14,099,472.15 2 0.00 1,839,061.58
16,214,392.97 3 0.00 2,114,920.82
8,646,551.92 4 0.00 2,432,158.95
9,943,534.71 5 0.00 2,796,982.79
11,435,064.91 6 24,660,064.91 3,216,530.21
13,150,324.65 7 0.00 0.00
15,122,873.35 8 0.00 0.00
17,391,304.35 9 0.00 0.00
0.00 10 0.00 0.00
MESES

SALDO
101,867,156.25
104,413,835.16
107,024,181.04
109,699,785.56
112,442,280.20
115,253,337.21
118,134,670.64
121,088,037.40
124,115,238.34
127,218,119.30
130,398,572.28
133,658,536.59
0.00
 MESES
SALDO
30,466,737.67
31,228,406.11
32,009,116.26
32,809,344.17
33,629,577.77
34,470,317.22
35,332,075.15
36,215,377.03
37,120,761.45
38,048,780.49
0.00
0.00
0.00

oy de $2.000.000 y un nuevo pago al final de 1 año

VALOR ACTUAL TASA INCOGNITA

MESES 3,108,607.44 2.00% 1,405,982.29
SALDO # CUOTA INTERES
3,108,607.44 0 2,000,000.00
3,170,779.59 1 0.00 22,172.15
3,234,195.18 2 0.00 22,615.59
3,298,879.08 3 0.00 23,067.90
3,364,856.67 4 0.00 23,529.26
3,432,153.80 5 0.00 23,999.85
3,500,796.87 6 0.00 24,479.84
3,570,812.81 7 0.00 24,969.44
3,642,229.07 8 0.00 25,468.83
3,715,073.65 9 0.00 25,978.21
3,789,375.12 10 0.00 26,497.77
3,865,162.63 11 0.00 27,027.73
3,942,465.88 12 1,405,982.29 27,568.28
4,021,315.20
4,101,741.50
4,183,776.33
4,267,451.86
4,352,800.89
4,439,856.91
4,528,654.05
4,619,227.13
4,711,611.67
4,805,843.91
4,901,960.78
0.00
 ABONO SALDO

2,127,194.24
-21,271.94 2,148,466.18
-21,484.66 2,169,950.85
-21,699.51 2,191,650.35
-21,916.50 2,213,566.86
477,864.33 1,735,702.53
-17,357.03 1,753,059.55
782,469.40 970,590.15
-9,705.90 980,296.05
-9,802.96 990,099.01
990,099.01 0.00
0.00 0.00
0.00 0.00

ABONO SALDO
5,000,000.00
-100,000.00 5,100,000.00
-102,000.00 5,202,000.00
-104,040.00 5,306,040.00
-106,120.80 5,412,160.80
-108,243.22 5,520,404.02
2,534,354.81 2,986,049.21
-59,720.98 3,045,770.19
2,583,847.48 461,922.71
 -9,238.45 471,161.17
-9,423.22 480,584.39
-9,611.69 490,196.08
490,196.08 0.00

ABONO SALDO
10,661,226.58
-1,599,183.99 12,260,410.57
-1,839,061.58 14,099,472.15
-2,114,920.82 16,214,392.97
-2,432,158.95 18,646,551.92
-2,796,982.79 21,443,534.71
21,443,534.71 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
 TIEMPO
24 MESES
ABONO SALDO
1,108,607.44
-22,172.15 1,130,779.59
-22,615.59 1,153,395.18
-23,067.90 1,176,463.08
-23,529.26 1,199,992.35
-23,999.85 1,223,992.19
-24,479.84 1,248,472.04
-24,969.44 1,273,441.48
-25,468.83 1,298,910.31
-25,978.21 1,324,888.51
-26,497.77 1,351,386.28
-27,027.73 1,378,414.01
1,378,414.01 0.00