EJERCICIO 1.

Periodo (n) Semestral

0
1
2
3
4
5
6
7
8
9
10

Valor deCuota (A)

$
$
11,886,099.90
$
11,886,099.90
$
11,886,099.90
$
11,886,099.90
$
11,886,099.90
$
11,886,099.90
$
11,886,099.90
$
11,886,099.90
$
11,886,099.90
$
11,886,099.90

Inters (i)
$
$
$
$
$
$
$
$
$
$

0
7,700,000.00
7,239,529.01
6,728,406.21
6,161,059.91
5,531,305.51
4,832,278.13
4,056,357.73
3,195,086.09
2,239,074.58
1,177,901.79

1. Una pequea empresa acuerda con el Banco Antioquia un prstamo por $70 millones para ser cancelado en 10
cuotas semestrales, con cuotas de amortizacin de capital iguales. El banco aplica una tasa nominal del 22%
capitalizable semestralmente; se pide elaborar la tabla de amortizacin.

EJERCICIO 1.
Abono a Capital
$
$
4,186,099.90
$
4,646,570.89
$
5,157,693.68
$
5,725,039.99
$
6,354,794.39
$
7,053,821.77
$
7,829,742.16
$
8,691,013.80
$
9,647,025.32
$
10,708,198.11

Saldo
$ 70,000,000.00
$ 65,813,900.10
$ 61,167,329.22
$ 56,009,635.53
$ 50,284,595.55
$ 43,929,801.16
$ 36,875,979.39
$ 29,046,237.23
$ 20,355,223.43
$ 10,708,198.11
$
0.00

un prstamo por $70 millones para ser cancelado en 10

l iguales. El banco aplica una tasa nominal del 22%
amortizacin.

Anualidad
Interes
$ 11,886,099.90 11% efectivo semestral
Interes
0.11

Deuda
$ 70,000,000.00

Periodo (n) Meses

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
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44

Valor deCuota (A)Interes (i)

Abono a Capital
$ 0.000
0
$ 0.00
$ 1,513,555.672
$ 1,260,000.00
$ 253,555.67
$ 1,513,555.672
$ 1,256,196.66
$ 257,359.01
$ 1,513,555.672
$ 1,252,336.28
$ 261,219.39
$ 1,513,555.672
$ 1,248,417.99
$ 265,137.68
$ 1,513,555.672
$ 1,244,440.92
$ 269,114.75
$ 1,513,555.672
$ 1,240,404.20
$ 273,151.47
$ 1,513,555.672
$ 1,236,306.93
$ 277,248.74
$ 1,513,555.672
$ 1,232,148.20
$ 281,407.47
$ 1,513,555.672
$ 1,227,927.09
$ 285,628.58
$ 1,513,555.672
$ 1,223,642.66
$ 289,913.01
$ 1,513,555.672
$ 1,219,293.96
$ 294,261.71
$ 1,513,555.672
$ 1,214,880.04
$ 298,675.63
$ 1,513,555.672
$ 1,210,399.90
$ 303,155.77
$ 1,513,555.672
$ 1,205,852.57
$ 307,703.11
$ 1,513,555.672
$ 1,201,237.02
$ 312,318.65
$ 1,513,555.672
$ 1,196,552.24
$ 317,003.43
$ 1,513,555.672
$ 1,191,797.19
$ 321,758.48
$ 1,513,555.672
$ 1,186,970.81
$ 326,584.86
$ 1,513,555.672
$ 1,182,072.04
$ 331,483.63
$ 1,513,555.672
$ 1,177,099.78
$ 336,455.89
$ 1,513,555.672
$ 1,172,052.95
$ 341,502.73
$ 1,513,555.672
$ 1,166,930.40
$ 346,625.27
$ 1,513,555.672
$ 1,161,731.03
$ 351,824.65
$ 1,513,555.672
$ 1,156,453.66
$ 357,102.02
$ 1,513,555.672
$ 1,151,097.13
$ 362,458.55
$ 1,513,555.672
$ 1,145,660.25
$ 367,895.42
$ 1,513,555.672
$ 1,140,141.82
$ 373,413.86
$ 1,513,555.672
$ 1,134,540.61
$ 379,015.06
$ 1,513,555.672
$ 1,128,855.38
$ 384,700.29
$ 1,513,555.672
$ 1,123,084.88
$ 390,470.79
$ 1,513,555.672
$ 1,117,227.82
$ 396,327.86
$ 1,513,555.672
$ 1,111,282.90
$ 402,272.77
$ 1,513,555.672
$ 1,105,248.81
$ 408,306.87
$ 1,513,555.672
$ 1,099,124.20
$ 414,431.47
$ 1,513,555.672
$ 1,092,907.73
$ 420,647.94
$ 1,513,555.672
$ 1,086,598.01
$ 426,957.66
$ 1,513,555.672
$ 1,080,193.65
$ 433,362.02
$ 1,513,555.672
$ 1,073,693.22
$ 439,862.45
$ 1,513,555.672
$ 1,067,095.28
$ 446,460.39
$ 1,513,555.672
$ 1,060,398.37
$ 453,157.30
$ 1,513,555.672
$ 1,053,601.02
$ 459,954.66
$ 1,513,555.672
$ 1,046,701.70
$ 466,853.98
$ 1,513,555.672
$ 1,039,698.89
$ 473,856.79
$ 1,513,555.672
$ 1,032,591.03
$ 480,964.64

45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91

$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672

$ 1,025,376.56
$ 1,018,053.88
$ 1,010,621.35
$ 1,003,077.34
$ 995,420.16
$ 987,648.13
$ 979,759.52
$ 971,752.57
$ 963,625.53
$ 955,376.57
$ 947,003.89
$ 938,505.61
$ 929,879.86
$ 921,124.72
$ 912,238.26
$ 903,218.50
$ 894,063.44
$ 884,771.06
$ 875,339.29
$ 865,766.04
$ 856,049.20
$ 846,186.60
$ 836,176.06
$ 826,015.37
$ 815,702.27
$ 805,234.46
$ 794,609.65
$ 783,825.46
$ 772,879.50
$ 761,769.36
$ 750,492.57
$ 739,046.62
$ 727,428.98
$ 715,637.08
$ 703,668.30
$ 691,519.99
$ 679,189.46
$ 666,673.96
$ 653,970.74
$ 641,076.97
$ 627,989.78
$ 614,706.30
$ 601,223.56
$ 587,538.57
$ 573,648.32
$ 559,549.71
$ 545,239.62

$ 488,179.11
$ 495,501.79
$ 502,934.32
$ 510,478.34
$ 518,135.51
$ 525,907.54
$ 533,796.16
$ 541,803.10
$ 549,930.15
$ 558,179.10
$ 566,551.78
$ 575,050.06
$ 583,675.81
$ 592,430.95
$ 601,317.41
$ 610,337.17
$ 619,492.23
$ 628,784.62
$ 638,216.38
$ 647,789.63
$ 657,506.47
$ 667,369.07
$ 677,379.61
$ 687,540.30
$ 697,853.41
$ 708,321.21
$ 718,946.03
$ 729,730.22
$ 740,676.17
$ 751,786.31
$ 763,063.11
$ 774,509.05
$ 786,126.69
$ 797,918.59
$ 809,887.37
$ 822,035.68
$ 834,366.21
$ 846,881.71
$ 859,584.93
$ 872,478.71
$ 885,565.89
$ 898,849.38
$ 912,332.12
$ 926,017.10
$ 939,907.35
$ 954,005.97
$ 968,316.05

92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120

$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672
$ 1,513,555.672

$ 530,714.88
$ 515,972.26
$ 501,008.51
$ 485,820.31
$ 470,404.28
$ 454,757.00
$ 438,875.02
$ 422,754.82
$ 406,392.80
$ 389,785.36
$ 372,928.80
$ 355,819.40
$ 338,453.36
$ 320,826.82
$ 302,935.89
$ 284,776.59
$ 266,344.91
$ 247,636.75
$ 228,647.96
$ 209,374.35
$ 189,811.63
$ 169,955.47
$ 149,801.46
$ 129,345.15
$ 108,581.99
$ 87,507.39
$ 66,116.66
$ 44,405.08
$ 22,367.82

$ 982,840.80
$ 997,583.41
$ 1,012,547.16
$ 1,027,735.37
$ 1,043,151.40
$ 1,058,798.67
$ 1,074,680.65
$ 1,090,800.86
$ 1,107,162.87
$ 1,123,770.31
$ 1,140,626.87
$ 1,157,736.27
$ 1,175,102.31
$ 1,192,728.85
$ 1,210,619.78
$ 1,228,779.08
$ 1,247,210.76
$ 1,265,918.93
$ 1,284,907.71
$ 1,304,181.33
$ 1,323,744.05
$ 1,343,600.21
$ 1,363,754.21
$ 1,384,210.52
$ 1,404,973.68
$ 1,426,048.29
$ 1,447,439.01
$ 1,469,150.60
$ 1,491,187.85

Saldo
$ 84,000,000.00
$ 83,746,444.33
$ 83,489,085.32
$ 83,227,865.93
$ 82,962,728.25
$ 82,693,613.50
$ 82,420,462.03
$ 82,143,213.29
$ 81,861,805.81
$ 81,576,177.23
$ 81,286,264.22
$ 80,992,002.51
$ 80,693,326.87
$ 80,390,171.10
$ 80,082,468.00
$ 79,770,149.35
$ 79,453,145.91
$ 79,131,387.43
$ 78,804,802.57
$ 78,473,318.94
$ 78,136,863.05
$ 77,795,360.32
$ 77,448,735.06
$ 77,096,910.41
$ 76,739,808.39
$ 76,377,349.85
$ 76,009,454.42
$ 75,636,040.57
$ 75,257,025.51
$ 74,872,325.22
$ 74,481,854.42
$ 74,085,526.57
$ 73,683,253.79
$ 73,274,946.93
$ 72,860,515.46
$ 72,439,867.52
$ 72,012,909.86
$ 71,579,547.84
$ 71,139,685.38
$ 70,693,224.99
$ 70,240,067.69
$ 69,780,113.04
$ 69,313,259.06
$ 68,839,402.28
$ 68,358,437.64

Anualidad
Interes
1,513,555.67 1,5% efectivo mensual

Deuda
84,000,000.00

El monto que se amortizo fue el 70% de la deuda total

Inters
0.015

2. Una persona adquiere una vivienda cuyo valor es de $120000.000, pagando una cuota inic
al 30% del valor total y la diferencia a travs de una deuda que se cancela mensualmente dur
una tasa de inters del 18% anual capitalizable mensualmente. Hallar: a) el valor de las cuota
saldo de la deuda al finalizar el cuarto ao; c) Si la persona realiza pagos extras al finalizar cad
2000.000, cul ser el valor de las cuotas mensuales?

$ 67,870,258.53
$ 67,374,756.74
$ 66,871,822.42
$ 66,361,344.08
$ 65,843,208.57
$ 65,317,301.03
$ 64,783,504.87
$ 64,241,701.77
$ 63,691,771.62
$ 63,133,592.53
$ 62,567,040.74
$ 61,991,990.68
$ 61,408,314.87
$ 60,815,883.92
$ 60,214,566.51
$ 59,604,229.33
$ 58,984,737.10
$ 58,355,952.49
$ 57,717,736.10
$ 57,069,946.47
$ 56,412,440.00
$ 55,745,070.92
$ 55,067,691.32
$ 54,380,151.01
$ 53,682,297.61
$ 52,973,976.40
$ 52,255,030.37
$ 51,525,300.16
$ 50,784,623.99
$ 50,032,837.68
$ 49,269,774.57
$ 48,495,265.52
$ 47,709,138.83
$ 46,911,220.24
$ 46,101,332.87
$ 45,279,297.19
$ 44,444,930.98
$ 43,598,049.27
$ 42,738,464.34
$ 41,865,985.63
$ 40,980,419.74
$ 40,081,570.37
$ 39,169,238.25
$ 38,243,221.15
$ 37,303,313.80
$ 36,349,307.83
$ 35,380,991.78

$ 34,398,150.98
$ 33,400,567.57
$ 32,388,020.42
$ 31,360,285.05
$ 30,317,133.65
$ 29,258,334.99
$ 28,183,654.34
$ 27,092,853.48
$ 25,985,690.61
$ 24,861,920.30
$ 23,721,293.43
$ 22,563,557.16
$ 21,388,454.85
$ 20,195,726.00
$ 18,985,106.22
$ 17,756,327.14
$ 16,509,116.37
$ 15,243,197.45
$ 13,958,289.74
$ 12,654,108.41
$ 11,330,364.36
$ 9,986,764.16
$ 8,623,009.95
$ 7,238,799.43
$ 5,833,825.75
$ 4,407,777.46
$ 2,960,338.45
$ 1,491,187.85
$ 0.00

Saldo de la deuda en n=48

66,361,344.08

00, pagando una cuota inicial correspondiente

ancela mensualmente durante 10 aos, con
lar: a) el valor de las cuotas mensuales; b) el
pagos extras al finalizar cada ao por valor de $

EJERCICIO 2, PARTE C: CON CUOTAS ANUALES EXTRORDINARIAS

Periodo (n) -Meses

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
31
32
33
34
35
36
37
38
39
40
41
42

Anualidad (A)
$
$
1,513,555.67
$
1,513,555.67
$
1,513,555.67
$
1,513,555.67
$
1,513,555.67
$
1,513,555.67
$
1,513,555.67
$
1,513,555.67
$
1,513,555.67
$
1,513,555.67
$
1,513,555.67
$
1,513,555.67
$
1,476,041.90
$
1,476,041.90
$
1,476,041.90
$
1,476,041.90
$
1,476,041.90
$
1,476,041.90
$
1,476,041.90
$
1,476,041.90
$
1,476,041.90
$
1,476,041.90
$
1,476,041.90
$
1,476,041.90
$
1,436,595.47
$
1,436,595.47
$
1,436,595.47
$
1,436,595.47
$
1,436,595.47
$
1,436,595.47
$
1,436,595.47
$
1,436,595.47
$
1,436,595.47
$
1,436,595.47
$
1,436,595.47
$
1,436,595.47
$
1,394,559.79
$
1,394,559.79
$
1,394,559.79
$
1,394,559.79
$
1,394,559.79
$
1,394,559.79

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

Inters (i)
1,260,000.00
1,256,196.66
1,252,336.28
1,248,417.99
1,244,440.92
1,240,404.20
1,236,306.93
1,232,148.20
1,227,927.09
1,223,642.66
1,219,293.96
1,214,880.04
1,180,399.90
1,175,965.27
1,171,464.12
1,166,895.46
1,162,258.26
1,157,551.51
1,152,774.15
1,147,925.13
1,143,003.38
1,138,007.80
1,132,937.29
1,127,790.72
1,092,566.96
1,087,406.53
1,082,168.70
1,076,852.29
1,071,456.15
1,065,979.06
1,060,419.81
1,054,777.18
1,049,049.90
1,043,236.72
1,037,336.34
1,031,347.45
995,268.73
989,279.36
983,200.16
977,029.76
970,766.81
964,409.92

Abono a Capital
$
$
253,555.67
$
257,359.01
$
261,219.39
$
265,137.68
$
269,114.75
$
273,151.47
$
277,248.74
$
281,407.47
$
285,628.58
$
289,913.01
$
294,261.71
$
298,675.63
$
295,641.99
$
300,076.62
$
304,577.77
$
309,146.44
$
313,783.64
$
318,490.39
$
323,267.75
$
328,116.76
$
333,038.51
$
338,034.09
$
343,104.60
$
348,251.17
$
344,028.51
$
349,188.94
$
354,426.77
$
359,743.17
$
365,139.32
$
370,616.41
$
376,175.66
$
381,818.29
$
387,545.57
$
393,358.75
$
399,259.13
$
405,248.02
$
399,291.06
$
405,280.43
$
411,359.64
$
417,530.03
$
423,792.98
$
430,149.88

43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

1,394,559.79
1,394,559.79
1,394,559.79
1,394,559.79
1,394,559.79
1,394,559.79
1,348,944.21
1,348,944.21
1,348,944.21
1,348,944.21
1,348,944.21
1,348,944.21
1,348,944.21
1,348,944.21
1,348,944.21
1,348,944.21
1,348,944.21
1,348,944.21
1,298,157.36
1,298,157.36
1,298,157.36
1,298,157.36
1,298,157.36
1,298,157.36
1,298,157.36
1,298,157.36
1,298,157.36
1,298,157.36
1,298,157.36
1,298,157.36
1,239,407.36
1,239,407.36
1,239,407.36
1,239,407.36
1,239,407.36
1,239,407.36
1,239,407.36
1,239,407.36
1,239,407.36
1,239,407.36
1,239,407.36
1,239,407.36
1,167,102.57
1,167,102.57
1,167,102.57
1,167,102.57
1,167,102.57

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

957,957.67
951,408.64
944,761.37
938,014.39
931,166.21
924,215.31
887,160.14
880,233.38
873,202.72
866,066.59
858,823.43
851,471.62
844,009.53
836,435.51
828,747.88
820,944.93
813,024.95
804,986.16
766,826.79
758,856.83
750,767.32
742,556.47
734,222.46
725,763.43
717,177.52
708,462.83
699,617.41
690,639.31
681,526.54
672,277.08
632,888.87
623,791.09
614,556.85
605,184.09
595,670.74
586,014.69
576,213.80
566,265.90
556,168.78
545,920.20
535,517.89
524,959.55
484,242.83
473,999.94
463,603.40
453,050.91
442,340.14

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

436,602.12
443,151.16
449,798.42
456,545.40
463,393.58
470,344.48
461,784.07
468,710.83
475,741.49
482,877.62
490,120.78
497,472.59
504,934.68
512,508.70
520,196.33
527,999.28
535,919.26
543,958.05
531,330.57
539,300.53
547,390.04
555,600.89
563,934.90
572,393.92
580,979.83
589,694.53
598,539.95
607,518.05
616,630.82
625,880.28
606,518.48
615,616.26
624,850.51
634,223.26
643,736.61
653,392.66
663,193.55
673,141.46
683,238.58
693,487.16
703,889.46
714,447.80
682,859.73
693,102.63
703,499.17
714,051.65
724,762.43

90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

1,167,102.57
1,167,102.57
1,167,102.57
1,167,102.57
1,167,102.57
1,167,102.57
1,167,102.57
1,067,254.36
1,067,254.36
1,067,254.36
1,067,254.36
1,067,254.36
1,067,254.36
1,067,254.36
1,067,254.36
1,067,254.36
1,067,254.36
1,067,254.36
1,067,254.36
883,894.38
883,894.38
883,894.38
883,894.38
883,894.38
883,894.38
883,894.38
883,894.38
883,894.38
883,894.38
883,894.38
883,894.38

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

431,468.70
420,434.19
409,234.17
397,866.14
386,327.59
374,615.97
362,728.67
320,663.06
309,464.19
298,097.34
286,559.98
274,849.57
262,963.50
250,899.13
238,653.81
226,224.80
213,609.35
200,804.68
187,807.93
144,616.24
133,527.07
122,271.56
110,847.21
99,251.51
87,481.86
75,535.68
63,410.29
51,103.03
38,611.16
25,931.92
13,062.48

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

735,633.86
746,668.37
757,868.40
769,236.42
780,774.97
792,486.60
804,373.89
746,591.30
757,790.17
769,157.02
780,694.38
792,404.79
804,290.86
816,355.23
828,600.56
841,029.56
853,645.01
866,449.68
879,446.43
739,278.14
750,367.31
761,622.82
773,047.16
784,642.87
796,412.51
808,358.70
820,484.08
832,791.34
845,283.21
857,962.46
870,831.90

NUALES EXTRORDINARIAS

Abonos Extraordinarios

$
$
$
$
$
$
$
$
$
$
$
$
2,000,000.00 $
$
$
$
$
$
$
$
$
$
$
$
2,000,000.00 $
$
$
$
$
$
$
$
$
$
$
$
2,000,000.00 $
$
$
$
$
$
$

Saldo
84,000,000.00
83,746,444.33
83,489,085.32
83,227,865.93
82,962,728.25
82,693,613.50
82,420,462.03
82,143,213.29
81,861,805.81
81,576,177.23
81,286,264.22
80,992,002.51
78,693,326.87
78,397,684.88
78,097,608.26
77,793,030.48
77,483,884.04
77,170,100.41
76,851,610.02
76,528,342.27
76,200,225.51
75,867,187.00
75,529,152.90
75,186,048.30
72,837,797.13
72,493,768.62
72,144,579.68
71,790,152.91
71,430,409.73
71,065,270.41
70,694,654.00
70,318,478.34
69,936,660.04
69,549,114.48
69,155,755.73
68,756,496.59
66,351,248.57
65,951,957.51
65,546,677.08
65,135,317.44
64,717,787.41
64,293,994.43
63,863,844.56

Anualidad (A)
$
1,513,555.67
$
1,476,041.90
$
1,436,595.47
$
1,394,559.79
$
1,348,944.21
$
1,298,157.36
$
1,239,407.36
$
1,167,102.57
$
1,067,254.36
$
883,894.38

2,000,000.00

2,000,000.00

2,000,000.00

2,000,000.00

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

63,427,242.43
62,984,091.28
62,534,292.85
62,077,747.45
61,614,353.87
59,144,009.39
58,682,225.32
58,213,514.49
57,737,773.00
57,254,895.38
56,764,774.60
56,267,302.01
55,762,367.33
55,249,858.63
54,729,662.30
54,201,663.03
53,665,743.76
51,121,785.71
50,590,455.14
50,051,154.61
49,503,764.57
48,948,163.69
48,384,228.79
47,811,834.86
47,230,855.03
46,641,160.50
46,042,620.55
45,435,102.51
44,818,471.69
42,192,591.41
41,586,072.92
40,970,456.66
40,345,606.15
39,711,382.89
39,067,646.28
38,414,253.62
37,751,060.06
37,077,918.61
36,394,680.03
35,701,192.88
34,997,303.41
32,282,855.61
31,599,995.88
30,906,893.25
30,203,394.09
29,489,342.43
28,764,580.00

$
$
$
$
$
$
2,000,000.00 $
$
$
$
$
$
$
$
$
$
$
$
2,000,000.00 $
$
$
$
$
$
$
$
$
$
$
$
$

28,028,946.14
27,282,277.76
26,524,409.37
25,755,172.94
24,974,397.97
24,181,911.38
21,377,537.48
20,630,946.18
19,873,156.01
19,103,998.99
18,323,304.62
17,530,899.83
16,726,608.96
15,910,253.73
15,081,653.18
14,240,623.62
13,386,978.61
12,520,528.93
9,641,082.50
8,901,804.36
8,151,437.05
7,389,814.23
6,616,767.07
5,832,124.20
5,035,711.69
4,227,352.99
3,406,868.91
2,574,077.57
1,728,794.36
870,831.90
(0.00)

Inters
0.015
Interes
1,5% efectivo mensual
1,5% efectivo mensual
1,5% efectivo mensual
1,5% efectivo mensual
1,5% efectivo mensual
1,5% efectivo mensual
1,5% efectivo mensual
1,5% efectivo mensual
1,5% efectivo mensual
1,5% efectivo mensual

Deuda
$
$
$
$
$
$
$
$
$
$

n
84,000,000.00
78,693,326.87
72,837,797.13
66,351,248.57
59,144,009.39
51,121,785.71
42,192,591.41
32,282,855.61
21,377,537.48
9,641,082.50
0

0
12
24
36
48
60
72
84
96
108
120

EJERCICIO 3
periodo (n)- Trimestres
0
1
2
3
4
5
6
7
8
9
10
11
12

Anualidad (A)
$
$
6,261,540.92
$
6,261,540.92
$
6,261,540.92
$
6,261,540.92
$
6,261,540.92
$
6,261,540.92
$
4,376,011.40
$
4,376,011.40
$
4,376,011.40
$
4,376,011.40
$
4,376,011.40
$
4,376,011.40

Inters (i)
$
$
2,186,022.00
$
2,037,535.77
$
1,883,639.63
$
1,724,136.49
$
1,558,822.06
$ 1,387,484.61
$
845,567.70
$
716,940.57
$
583,627.09
$
445,456.49
$
302,251.84
$
153,829.70

3. Una pequeo empresario acuerda con el Banco Antioquia un prstamo por $60 millones para ser can
trimestrales iguales; y una cuota extraordinaria al finalizar el trimestre 6 por valor de $10000.000. El ba
del 1,2% EM. a) Cul ser el valor de la cuota trimestral? b) elaborar la tabla de amortizacin de crdito

Abono a Capital
Abonos Extraordinarios
$
$
4,075,518.92
$
4,224,005.16
$
4,377,901.29
$
4,537,404.44
$
4,702,718.87
$
4,874,056.32 $
10,000,000.00
$
3,530,443.70
$
3,659,070.82
$
3,792,384.31
$
3,930,554.91
$
4,073,759.56
$
4,222,181.70

prstamo por $60 millones para ser cancelado en 12 cuotas

mestre 6 por valor de $10000.000. El banco aplica una tasa de inters
borar la tabla de amortizacin de crdito.

Saldo
$ 60,000,000.00
$ 55,924,481.08
$ 51,700,475.92
$ 47,322,574.63
$ 42,785,170.19
$ 38,082,451.32
$ 23,208,395.00
$ 19,677,951.31
$ 16,018,880.48
$ 12,226,496.17
$ 8,295,941.26
$ 4,222,181.70
$
(0.00)

i EM
i ET

0.0120000
0.0364337

Periodo (n;meses)
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
30
31
32
33
34
35
36

Valor deCuota (A)

Interes (i)
Abono a Capital
$ 0.000
0
$ 0.00
$ 196,164.263 $ 100,000.00
$ 96,164.26
$ 196,164.263
$ 98,076.71
$ 98,087.55
$ 196,164.263
$ 96,114.96
$ 100,049.30
$ 196,164.263
$ 94,113.98
$ 102,050.29
$ 196,164.263
$ 92,072.97
$ 104,091.29
$ 196,164.263
$ 89,991.15
$ 106,173.12
$ 191,699.271
$ 85,867.68
$ 105,831.59
$ 191,699.271
$ 83,751.05
$ 107,948.22
$ 191,699.271
$ 81,592.09
$ 110,107.18
$ 191,699.271
$ 79,389.94
$ 112,309.33
$ 191,699.271
$ 77,143.76
$ 114,555.51
$ 191,699.271
$ 74,852.65
$ 116,846.62
$ 186,412.161
$ 70,515.71
$ 115,896.45
$ 186,412.161
$ 68,197.79
$ 118,214.38
$ 186,412.161
$ 65,833.50
$ 120,578.66
$ 186,412.161
$ 63,421.93
$ 122,990.24
$ 186,412.161
$ 60,962.12
$ 125,450.04
$ 186,412.161
$ 58,453.12
$ 127,959.04
$ 179,741.951
$ 53,893.94
$ 125,848.01
$ 179,741.951
$ 51,376.98
$ 128,364.97
$ 179,741.951
$ 48,809.68
$ 130,932.27
$ 179,741.951
$ 46,191.03
$ 133,550.92
$ 179,741.951
$ 43,520.02
$ 136,221.94
$ 179,741.951
$ 40,795.58
$ 138,946.37
$ 170,285.991
$ 36,016.65
$ 134,269.34
$ 170,285.991
$ 33,331.26
$ 136,954.73
$ 170,285.991
$ 30,592.17
$ 139,693.82
$ 170,285.991
$ 27,798.29
$ 142,487.70
$ 170,285.991
$ 24,948.54
$ 145,337.45
$ 170,285.991
$ 22,041.79
$ 148,244.20
$ 152,433.410
$ 17,076.90
$ 135,356.51
$ 152,433.410
$ 14,369.77
$ 138,063.64
$ 152,433.410
$ 11,608.50
$ 140,824.91
$ 152,433.410
$ 8,792.00
$ 143,641.41
$ 152,433.410
$ 5,919.18
$ 146,514.23
$ 152,433.410
$ 2,988.89
$ 149,444.52

Abonos Extraordinarios

$ 100,000.00

$ 100,000.00

$ 100,000.00

$ 100,000.00

$ 100,000.00

Saldo
$ 5,000,000.00
$ 4,903,835.74
$ 4,805,748.19
$ 4,705,698.89
$ 4,603,648.60
$ 4,499,557.31
$ 4,293,384.20
$ 4,187,552.61
$ 4,079,604.39
$ 3,969,497.21
$ 3,857,187.88
$ 3,742,632.37
$ 3,525,785.75
$ 3,409,889.30
$ 3,291,674.92
$ 3,171,096.26
$ 3,048,106.03
$ 2,922,655.99
$ 2,694,696.94
$ 2,568,848.93
$ 2,440,483.96
$ 2,309,551.69
$ 2,176,000.77
$ 2,039,778.84
$ 1,800,832.46
$ 1,666,563.12
$ 1,529,608.39
$ 1,389,914.57
$ 1,247,426.87
$ 1,102,089.41
$ 853,845.21
$ 718,488.71
$ 580,425.07
$ 439,600.16
$ 295,958.75
$ 149,444.52
$ 0.00

Interes
0.02

$
$
$
$
$
$
$

Anualidad
196,164.26
191,699.27
186,412.16
179,741.95
170,285.99
152,433.41
-

4. Un banco le prest al Seor Prez $ 5.000.000 para mej

Plazo= 3 aos
Pago de cuotas mensuales iguales
Tasa de inters= 2% mensual
Si el seor Prez se compromete a hacer abonos de $ 100
ser el valor de sus cuotas?

Interes
2% efectivo mensual
2% efectivo mensual
2% efectivo mensual
2% efectivo mensual
2% efectivo mensual
2% efectivo mensual
2% efectivo mensual

$
$
$
$
$
$
$

Deuda
5,000,000.00
4,293,384.20
3,525,785.75
2,694,696.94
1,800,832.46
853,845.21
-

n
0
6
12
18
24
30
36

nco le prest al Seor Prez $ 5.000.000 para mejorar sus cafetales. El crdito se dio as:
aos
cuotas mensuales iguales
nters= 2% mensual
r Prez se compromete a hacer abonos de $ 100.000 al final de cada semestre cul
alor de sus cuotas?

EJERCICIO 5
Periodo (n) Meses
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
31
32
33
34
35
36
37
38
39
40

Cuota (A)
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00
350,000.00

Intereses (i)
$
$
150,000.00
$
147,000.00
$
143,955.00
$
140,864.33
$
137,727.29
$
134,543.20
$
131,311.35
$
128,031.02
$
124,701.48
$
121,322.00
$
117,891.83
$
114,410.21
$
110,876.37
$
107,289.51
$
103,648.85
$
99,953.59
$
96,202.89
$
92,395.93
$
88,531.87
$
84,609.85
$
80,629.00
$
76,588.43
$
72,487.26
$
68,324.57
$
64,099.44
$
59,810.93
$
55,458.09
$
51,039.96
$
46,555.56
$
42,003.90
$
37,383.96
$
32,694.72
$
27,935.14
$
23,104.16
$
18,200.73
$
13,223.74
$
8,172.09
$
3,044.67
$
(2,159.66)
$
(7,442.05)

Amortizacin
$
$
200,000.00
$
203,000.00
$
206,045.00
$
209,135.68
$
212,272.71
$
215,456.80
$
218,688.65
$
221,968.98
$
225,298.52
$
228,678.00
$
232,108.17
$
235,589.79
$
239,123.63
$
242,710.49
$
246,351.15
$
250,046.41
$
253,797.11
$
257,604.07
$
261,468.13
$
265,390.15
$
269,371.00
$
273,411.57
$
277,512.74
$
281,675.43
$
285,900.56
$
290,189.07
$
294,541.91
$
298,960.04
$
303,444.44
$
307,996.10
$
312,616.04
$
317,305.28
$
322,064.86
$
326,895.84
$
331,799.27
$
336,776.26
$
341,827.91
$
346,955.33
$
352,159.66
$
357,442.05

Saldo
$ 10,000,000.00
$ 9,800,000.00
$ 9,597,000.00
$ 9,390,955.00
$ 9,181,819.33
$ 8,969,546.61
$ 8,754,089.81
$ 8,535,401.16
$ 8,313,432.18
$ 8,088,133.66
$ 7,859,455.67
$ 7,627,347.50
$ 7,391,757.71
$ 7,152,634.08
$ 6,909,923.59
$ 6,663,572.44
$ 6,413,526.03
$ 6,159,728.92
$ 5,902,124.86
$ 5,640,656.73
$ 5,375,266.58
$ 5,105,895.58
$ 4,832,484.01
$ 4,554,971.27
$ 4,273,295.84
$ 3,987,395.28
$ 3,697,206.21
$ 3,402,664.30
$ 3,103,704.27
$ 2,800,259.83
$ 2,492,263.73
$ 2,179,647.68
$ 1,862,342.40
$ 1,540,277.53
$ 1,213,381.70
$
881,582.42
$
544,806.16
$
202,978.25
$
(143,977.08)
$
(496,136.73)
$
(853,578.78)

INTERS (EM)
0.015

Al mes 37 se amortiza la deuda casi en su totalidad. Para terminar de

una manera justa se calcul una tasa de inters equivalente efectiva d
amortizar en 15 pagos diarios adicionales de $13.585,68 a partir del m

Periodo (dia)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

Cuota (A)
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

13,585.68
13,585.68
13,585.68
13,585.68
13,585.68
13,585.68
13,585.68
13,585.68
13,585.68
13,585.68
13,585.68
13,585.68
13,585.68
13,585.68
13,585.68

Intereses (i)
$
$
100.76
$
94.06
$
87.37
$
80.67
$
73.96
$
67.26
$
60.55
$
53.83
$
47.11
$
40.39
$
33.67
$
26.94
$
20.21
$
13.48
$
6.74

5. Una deuda de $10000.000 con una tasa de inters del 1,5% EM se

$350.000. Hacer la tabla de amortizacin hasta cubrir la totalidad de l

otalidad. Para terminar de amortizar la deuda de

ers equivalente efectiva diaria de 0,04694% para
e $13.585,68 a partir del mes 37

Amortizacin
$
$
13,484.93
$
13,491.62
$
13,498.32
$
13,505.02
$
13,511.72
$
13,518.43
$
13,525.14
$
13,531.85
$
13,538.57
$
13,545.29
$
13,552.02
$
13,558.74
$
13,565.47
$
13,572.21
$
13,578.94

Saldo
$
202,978.27
$
189,493.34
$
176,001.72
$
162,503.41
$
148,998.39
$
135,486.67
$
121,968.24
$
108,443.10
$
94,911.24
$
81,372.67
$
67,827.38
$
54,275.37
$
40,716.62
$
27,151.15
$
13,578.94
$
0.00

de inters del 1,5% EM se amortiza con pagos mensuales de

asta cubrir la totalidad de la deuda.

Periodo (n) Bimensual

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

cuota (A)
$
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50
$
7,482,597.50

Intereses (i)
$
$
3,341,800.00
$
3,203,422.83
$
3,060,421.37
$
2,912,641.09
$
2,759,922.28
$
2,602,099.92
$
2,439,003.46
$
2,270,456.63
$
2,096,277.31
$
1,916,277.26
$
1,730,261.97
$
1,538,030.42
$
1,339,374.88
$
1,134,080.66
$
921,925.93
$
702,681.41
$
476,110.17
$
241,967.38

Amortizacion
$
$
4,140,797.50
$
4,279,174.67
$
4,422,176.13
$
4,569,956.41
$
4,722,675.21
$
4,880,497.57
$
5,043,594.04
$
5,212,140.87
$
5,386,320.19
$
5,566,320.24
$
5,752,335.53
$
5,944,567.08
$
6,143,222.62
$
6,348,516.83
$
6,560,671.57
$
6,779,916.09
$
7,006,487.33
$
7,240,630.12

Saldo
$
100,000,000.00
$
95,859,202.50
$
91,580,027.83
$
87,157,851.70
$
82,587,895.29
$
77,865,220.08
$
72,984,722.51
$
67,941,128.47
$
62,728,987.60
$
57,342,667.41
$
51,776,347.17
$
46,024,011.64
$
40,079,444.56
$
33,936,221.94
$
27,587,705.11
$
21,027,033.54
$
14,247,117.45
$
7,240,630.12
$
(0.00)

Anualidad
7,482,597.50

6. Una persona que adquiere una deuda de $100000.000, l

una tasa de inters del 22% EA, quiere conocer el saldo de l

INTERES EA
INTERS BIMENSUAL

Interes
3,3418% EB

22%
0.033418

Deuda
Saldo de la deuda en n=9
100,000,000.00 $
57,342,667.407

sona que adquiere una deuda de $100000.000, la cual paga en 18 cuotas bimensuales vencidas, con
e inters del 22% EA, quiere conocer el saldo de la deuda al efectuar el 9 pago.