PRCTICA CALIFICADA DE MATEMTICA FINANCIERA

Integrantes:
- Carrasco Huaman Erick Luis
- Tejada Lima Alexandra Sofa
- Ypez Figueroa Mara Eugenia
Hace 10 meses usted gast $ 20 000 en un negocio que le rendira $ 1 500 mensuales por
24 meses, hoy da invirti $ 10 000 adicionales para tener un ingreso adicional de $ 1 000
mensuales por 18 meses consecutivos; al final de los cuales tendra un ingreso de $ 18 000.
Hoy da le proponen invertir en un negocio alterno en el cual por cada dlar invertido
usted obtendra $ 0.20 anual a perpetuidad. Cul es el menor precio por el cual usted
vendera su negocio?
Solucin:
(

)
(

(
(

Respuesta: El menor precio al cual debera vender es el valor actual de mi flujo de ingresos
en un total de 32466.56
Un prstamo de 3 millones se va a financiar hoy a cuatro aos con cuotas mensuales
iguales, sabiendo que la 1ra cuota se paga dentro de 6 meses y la tasa de inters que se
cobra sobre el saldo es del 3% mensual durante los primeros 18 meses y del 4% mensual
para el resto del tiempo:
a) Calcular el valor de la cuota.
(

(
(

)
)

(
( (

(
(

)
)

(
)(

)))
)

(
)) (

)
)

b) Preparar la tabla de servicio de la deuda para los meses 16 al 20 inclusive.

TEM Momento
6
3%
7
3%
8
3%
9
3%
10
3%
11
3%
12
3%
13
3%
14
3%
15
3%
16
3%
17
3%
18
3%
19
3%
20
3%
21
3%
22
3%
23
3%
24
4%
25
4%
26
4%
27
4%
28
4%
29
4%
30
4%
31
4%
32
4%
33
4%
34
4%
35
4%
36
4%
37
4%
38
4%
39
4%
40
4%
41
4%
42
4%
43
4%
44
4%
45
4%
46
4%
47
4%
48

k Cuota
I
A
Saldo
0
S/. 3,582,156.89
1 S/. 157,738.28 S/. 107,464.71
S/. 50,273.57 S/. 3,531,883.32
2 S/. 157,738.28 S/. 105,956.50
S/. 51,781.78 S/. 3,480,101.55
3 S/. 157,738.28 S/. 104,403.05
S/. 53,335.23 S/. 3,426,766.32
4 S/. 157,738.28 S/. 102,802.99
S/. 54,935.29 S/. 3,371,831.03
5 S/. 157,738.28 S/. 101,154.93
S/. 56,583.34 S/. 3,315,247.69
6 S/. 157,738.28
S/. 99,457.43
S/. 58,280.84 S/. 3,256,966.84
7 S/. 157,738.28
S/. 97,709.01
S/. 60,029.27 S/. 3,196,937.57
8 S/. 157,738.28
S/. 95,908.13
S/. 61,830.15 S/. 3,135,107.43
9 S/. 157,738.28
S/. 94,053.22
S/. 63,685.05 S/. 3,071,422.37
10 S/. 157,738.28
S/. 92,142.67
S/. 65,595.60 S/. 3,005,826.77
11 S/. 157,738.28
S/. 90,174.80
S/. 67,563.47 S/. 2,938,263.30
12 S/. 157,738.28
S/. 88,147.90
S/. 69,590.38 S/. 2,868,672.92
13 S/. 157,738.28
S/. 86,060.19
S/. 71,678.09 S/. 2,796,994.83
14 S/. 157,738.28
S/. 83,909.85
S/. 73,828.43 S/. 2,723,166.40
15 S/. 157,738.28
S/. 81,694.99
S/. 76,043.28 S/. 2,647,123.12
16 S/. 157,738.28
S/. 79,413.69
S/. 78,324.58 S/. 2,568,798.54
17 S/. 157,738.28
S/. 77,063.96
S/. 80,674.32 S/. 2,488,124.22
18 S/. 157,738.28
S/. 74,643.73
S/. 83,094.55 S/. 2,405,029.67
19 S/. 157,738.28
S/. 96,201.19
S/. 61,537.09 S/. 2,343,492.59
20 S/. 157,738.28
S/. 93,739.70
S/. 63,998.57 S/. 2,279,494.01
21 S/. 157,738.28
S/. 91,179.76
S/. 66,558.51 S/. 2,212,935.50
22 S/. 157,738.28
S/. 88,517.42
S/. 69,220.86 S/. 2,143,714.64
23 S/. 157,738.28
S/. 85,748.59
S/. 71,989.69 S/. 2,071,724.95
24 S/. 157,738.28
S/. 82,869.00
S/. 74,869.28 S/. 1,996,855.68
25 S/. 157,738.28
S/. 79,874.23
S/. 77,864.05 S/. 1,918,991.63
26 S/. 157,738.28
S/. 76,759.67
S/. 80,978.61 S/. 1,838,013.02
27 S/. 157,738.28
S/. 73,520.52
S/. 84,217.75 S/. 1,753,795.27
28 S/. 157,738.28
S/. 70,151.81
S/. 87,586.46 S/. 1,666,208.80
29 S/. 157,738.28
S/. 66,648.35
S/. 91,089.92 S/. 1,575,118.88
30 S/. 157,738.28
S/. 63,004.76
S/. 94,733.52 S/. 1,480,385.36
31 S/. 157,738.28
S/. 59,215.41
S/. 98,522.86 S/. 1,381,862.50
32 S/. 157,738.28
S/. 55,274.50 S/. 102,463.78 S/. 1,279,398.72
33 S/. 157,738.28
S/. 51,175.95 S/. 106,562.33 S/. 1,172,836.40
34 S/. 157,738.28
S/. 46,913.46 S/. 110,824.82 S/. 1,062,011.58
35 S/. 157,738.28
S/. 42,480.46 S/. 115,257.81
S/. 946,753.77
36 S/. 157,738.28
S/. 37,870.15 S/. 119,868.12
S/. 826,885.64
37 S/. 157,738.28
S/. 33,075.43 S/. 124,662.85
S/. 702,222.79
38 S/. 157,738.28
S/. 28,088.91 S/. 129,649.36
S/. 572,573.43
39 S/. 157,738.28
S/. 22,902.94 S/. 134,835.34
S/. 437,738.09
40 S/. 157,738.28
S/. 17,509.52 S/. 140,228.75
S/. 297,509.34
41 S/. 157,738.28
S/. 11,900.37 S/. 145,837.90
S/. 151,671.44
42 S/. 157,738.28
S/. 6,066.86 S/. 151,671.42
S/. 0.02

Un prstamo de $ 48 000 que se toma hoy a tres aos, con una TEM del 3% y con el
sistema de amortizacin constante se acuerda pagar la 1ra cuota al final del mes siete. Si
posteriormente la tasa cambia a inicio del ao 3 a una TEM del 3.5% para el plazo restante.
Hallar:
a) El valor de la amortizacin antes y despus del cambio de tasa.
(

b) Preparar la tabla de servicio de la deuda para los ltimos 4 meses.

TEM
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.0%
3.5%
3.5%
3.5%
3.5%
3.5%
3.5%
3.5%
3.5%
3.5%
3.5%
3.5%
3.5%

Momento
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36

k
0
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

Cuota
S/. 3,806.67
S/. 3,745.60
S/. 3,684.53
S/. 3,623.46
S/. 3,562.39
S/. 3,501.32
S/. 3,440.25
S/. 3,379.18
S/. 3,318.11
S/. 3,257.04
S/. 3,195.98
S/. 3,134.91
S/. 3,073.84
S/. 3,012.77
S/. 2,951.70
S/. 2,890.63
S/. 2,829.56
S/. 2,890.63
S/. 2,819.38
S/. 2,748.13
S/. 2,676.88
S/. 2,605.64
S/. 2,534.39
S/. 2,463.14
S/. 2,391.89
S/. 2,320.64
S/. 2,249.40
S/. 2,178.15
S/. 2,106.90

S/. 1,771.02
S/. 1,709.95
S/. 1,648.88
S/. 1,587.81
S/. 1,526.74
S/. 1,465.67
S/. 1,404.60
S/. 1,343.53
S/. 1,282.46
S/. 1,221.39
S/. 1,160.32
S/. 1,099.25
S/. 1,038.18
S/. 977.11
S/. 916.04
S/. 854.97
S/. 793.90
S/. 854.97
S/. 783.73
S/. 712.48
S/. 641.23
S/. 569.98
S/. 498.74
S/. 427.49
S/. 356.24
S/. 284.99
S/. 213.74
S/. 142.50
S/. 71.25

S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65
S/. 2,035.65

Saldo
S/. 59,033.94
S/. 56,998.29
S/. 54,962.63
S/. 52,926.98
S/. 50,891.33
S/. 48,855.67
S/. 46,820.02
S/. 44,784.37
S/. 42,748.72
S/. 40,713.06
S/. 38,677.41
S/. 36,641.76
S/. 34,606.10
S/. 32,570.45
S/. 30,534.80
S/. 28,499.14
S/. 26,463.49
S/. 24,427.84
S/. 22,392.18
S/. 20,356.53
S/. 18,320.88
S/. 16,285.22
S/. 14,249.57
S/. 12,213.92
S/. 10,178.27
S/. 8,142.61
S/. 6,106.96
S/. 4,071.31
S/. 2,035.65
S/. 0.00

Los ingresos constantes de dos alternativas de inversin son equivalentes a la tasa del 12%
capitalizable mensualmente. La primera alternativa de inversin produce un ingreso
constante de $ 250 al mes durante 4 aos. La segunda produce tambin un ingreso
uniforme por mes, a partir del mes 13 y durante tres aos. Determine el flujo de ingreso
constante de la segunda alternativa de inversin.