INTRODUTION!

A1

C.F.M BBVA '!A1

ANGIE GUZMAN
C.F.M BANCO BOGOTA '!A1
785118
MATEMATICAS FINANCIERA
C.F.M BANCO POPULAR '!A1

C.F.M BANCOLOMBIA '!A1

CORPORACION UNIVERSITARIA MINUTO D
SEDE VILLAVICENCIO (META )
CONTADURIA PÚBLICA
FEBRERO
 CUOTA FIJA ANUAL '!A1

PAGO UNICO '!A1

ANGIE GUZMAN

785118 CUOTAS FIJA CON CUOTAS EXTRAORD'!A1

ATEMATICAS FINANCIERA

C.F PERIODO DE GRACIA'!A1

ESTUDIO CASO4'!A1
UNIVERSITARIA MINUTO DE DIOS
DE VILLAVICENCIO (META ) GRADIENTE '!A1
CONTADURIA PÚBLICA
FEBRERO
INTERES GLOBAL '!A1
 INTRODUTION

el presente trabajo consiste en realizar diferentes entregas de un est

en este trabajo daremos a conocer el valor de las tasas de forma

efectiva anual, mensual, trimestral, cuatrimestral y semestral, con los
participantes que son
bancolombia,popular,bbva y bogota.
RODUTION

ntes entregas de un estudio de caso que se desarrollará a lo largo del curso

las tasas de forma

ral y semestral, con los datos que brinda cada uno de los bancos
 VARIABLES
VA -$ 254,000,000
i 0.73%
n 180

PAGO $2,540,099.78

N.CUOTA VR. INICIAL CUOTA

1 $ 254,000,000 $2,540,099.78
2 $ 253,314,100.22 $2,540,099.78
3 $ 252,623,193.36 $2,540,099.78
4 $ 251,927,242.89 $2,540,099.78
5 $ 251,226,211.98 $2,540,099.78
6 $ 250,520,063.54 $2,540,099.78
7 $ 249,808,760.22 $2,540,099.78
8 $ 249,092,264.38 $2,540,099.78
9 $ 248,370,538.13 $2,540,099.78
10 $ 247,643,543.27 $2,540,099.78
11 $ 246,911,241.35 $2,540,099.78
12 $ 246,173,593.63 $2,540,099.78
13 $ 245,430,561.08 $2,540,099.78
14 $ 244,682,104.39 $2,540,099.78
15 $ 243,928,183.97 $2,540,099.78
16 $ 243,168,759.93 $2,540,099.78
17 $ 242,403,792.09 $2,540,099.78
18 $ 241,633,239.99 $2,540,099.78
19 $ 240,857,062.86 $2,540,099.78
20 $ 240,075,219.63 $2,540,099.78
21 $ 239,287,668.95 $2,540,099.78
22 $ 238,494,369.15 $2,540,099.78
23 $ 237,695,278.26 $2,540,099.78
24 $ 236,890,354.00 $2,540,099.78
25 $ 236,079,553.80 $2,540,099.78
26 $ 235,262,834.76 $2,540,099.78
27 $ 234,440,153.67 $2,540,099.78
28 $ 233,611,467.01 $2,540,099.78
29 $ 232,776,730.93 $2,540,099.78
30 $ 231,935,901.28 $2,540,099.78
31 $ 231,088,933.58 $2,540,099.78
32 $ 230,235,783.01 $2,540,099.78
33 $ 229,376,404.44 $2,540,099.78
34 $ 228,510,752.41 $2,540,099.78
35 $ 227,638,781.11 $2,540,099.78
36 $ 226,760,444.43 $2,540,099.78
37 $ 225,875,695.89 $2,540,099.78
38 $ 224,984,488.69 $2,540,099.78
39 $ 224,086,775.67 $2,540,099.78
40 $ 223,182,509.35 $2,540,099.78
41 $ 222,271,641.88 $2,540,099.78
42 $ 221,354,125.08 $2,540,099.78
43 $ 220,429,910.41 $2,540,099.78
44 $ 219,498,948.97 $2,540,099.78
45 $ 218,561,191.51 $2,540,099.78
46 $ 217,616,588.43 $2,540,099.78
47 $ 216,665,089.74 $2,540,099.78
48 $ 215,706,645.11 $2,540,099.78
49 $ 214,741,203.83 $2,540,099.78
50 $ 213,768,714.84 $2,540,099.78
51 $ 212,789,126.67 $2,540,099.78
52 $ 211,802,387.51 $2,540,099.78
53 $ 210,808,445.16 $2,540,099.78
54 $ 209,807,247.02 $2,540,099.78
55 $ 208,798,740.14 $2,540,099.78
56 $ 207,782,871.16 $2,540,099.78
57 $ 206,759,586.33 $2,540,099.78
58 $ 205,728,831.53 $2,540,099.78
59 $ 204,690,552.21 $2,540,099.78
60 $ 203,644,693.46 $2,540,099.78
61 $ 202,591,199.94 $2,540,099.78
62 $ 201,530,015.91 $2,540,099.78
63 $ 200,461,085.24 $2,540,099.78
64 $ 199,384,351.38 $2,540,099.78
65 $ 198,299,757.36 $2,540,099.78
66 $ 197,207,245.81 $2,540,099.78
67 $ 196,106,758.92 $2,540,099.78
68 $ 194,998,238.47 $2,540,099.78
69 $ 193,881,625.83 $2,540,099.78
70 $ 192,756,861.91 $2,540,099.78
71 $ 191,623,887.22 $2,540,099.78
72 $ 190,482,641.81 $2,540,099.78
73 $ 189,333,065.31 $2,540,099.78
74 $ 188,175,096.90 $2,540,099.78
75 $ 187,008,675.33 $2,540,099.78
76 $ 185,833,738.87 $2,540,099.78
77 $ 184,650,225.38 $2,540,099.78
78 $ 183,458,072.24 $2,540,099.78
79 $ 182,257,216.38 $2,540,099.78
80 $ 181,047,594.28 $2,540,099.78
81 $ 179,829,141.93 $2,540,099.78
82 $ 178,601,794.88 $2,540,099.78
83 $ 177,365,488.20 $2,540,099.78
84 $ 176,120,156.48 $2,540,099.78
85 $ 174,865,733.84 $2,540,099.78
86 $ 173,602,153.91 $2,540,099.78
87 $ 172,329,349.85 $2,540,099.78
 88 $ 171,047,254.32 $2,540,099.78
89 $ 169,755,799.49 $2,540,099.78
90 $ 168,454,917.04 $2,540,099.78
91 $ 167,144,538.15 $2,540,099.78
92 $ 165,824,593.49 $2,540,099.78
93 $ 164,495,013.24 $2,540,099.78
94 $ 163,155,727.05 $2,540,099.78
95 $ 161,806,664.08 $2,540,099.78
96 $ 160,447,752.94 $2,540,099.78
97 $ 159,078,921.75 $2,540,099.78
98 $ 157,700,098.10 $2,540,099.78
99 $ 156,311,209.03 $2,540,099.78
100 $ 154,912,181.07 $2,540,099.78
101 $ 153,502,940.21 $2,540,099.78
102 $ 152,083,411.88 $2,540,099.78
103 $ 150,653,521.01 $2,540,099.78
104 $ 149,213,191.93 $2,540,099.78
105 $ 147,762,348.44 $2,540,099.78
106 $ 146,300,913.80 $2,540,099.78
107 $ 144,828,810.69 $2,540,099.78
108 $ 143,345,961.22 $2,540,099.78
109 $ 141,852,286.95 $2,540,099.78
110 $ 140,347,708.86 $2,540,099.78
111 $ 138,832,147.35 $2,540,099.78
112 $ 137,305,522.24 $2,540,099.78
113 $ 135,767,752.77 $2,540,099.78
114 $ 134,218,757.58 $2,540,099.78
115 $ 132,658,454.73 $2,540,099.78
116 $ 131,086,761.66 $2,540,099.78
117 $ 129,503,595.24 $2,540,099.78
118 $ 127,908,871.70 $2,540,099.78
119 $ 126,302,506.68 $2,540,099.78
120 $ 124,684,415.19 $2,540,099.78
121 $ 123,054,511.64 $2,540,099.78
122 $ 121,412,709.79 $2,540,099.78
123 $ 119,758,922.78 $2,540,099.78
124 $ 118,093,063.14 $2,540,099.78
125 $ 116,415,042.71 $2,540,099.78
126 $ 114,724,772.74 $2,540,099.78
127 $ 113,022,163.80 $2,540,099.78
128 $ 111,307,125.81 $2,540,099.78
129 $ 109,579,568.04 $2,540,099.78
130 $ 107,839,399.10 $2,540,099.78
131 $ 106,086,526.93 $2,540,099.78
132 $ 104,320,858.79 $2,540,099.78
133 $ 102,542,301.28 $2,540,099.78
134 $ 100,750,760.29 $2,540,099.78
135 $ 98,946,141.06 $2,540,099.78
136 $ 97,128,348.10 $2,540,099.78
137 $ 95,297,285.26 $2,540,099.78
138 $ 93,452,855.66 $2,540,099.78
139 $ 91,594,961.72 $2,540,099.78
140 $ 89,723,505.15 $2,540,099.78
141 $ 87,838,386.96 $2,540,099.78
142 $ 85,939,507.40 $2,540,099.78
143 $ 84,026,766.02 $2,540,099.78
144 $ 82,100,061.62 $2,540,099.78
145 $ 80,159,292.29 $2,540,099.78
146 $ 78,204,355.34 $2,540,099.78
147 $ 76,235,147.35 $2,540,099.78
148 $ 74,251,564.14 $2,540,099.78
149 $ 72,253,500.77 $2,540,099.78
150 $ 70,240,851.54 $2,540,099.78
151 $ 68,213,509.97 $2,540,099.78
152 $ 66,171,368.81 $2,540,099.78
153 $ 64,114,320.02 $2,540,099.78
154 $ 62,042,254.77 $2,540,099.78
155 $ 59,955,063.45 $2,540,099.78
156 $ 57,852,635.63 $2,540,099.78
157 $ 55,734,860.08 $2,540,099.78
158 $ 53,601,624.78 $2,540,099.78
159 $ 51,452,816.85 $2,540,099.78
160 $ 49,288,322.63 $2,540,099.78
161 $ 47,108,027.60 $2,540,099.78
162 $ 44,911,816.42 $2,540,099.78
163 $ 42,699,572.89 $2,540,099.78
164 $ 40,471,179.99 $2,540,099.78
165 $ 38,226,519.82 $2,540,099.78
166 $ 35,965,473.63 $2,540,099.78
167 $ 33,687,921.80 $2,540,099.78
168 $ 31,393,743.85 $2,540,099.78
169 $ 29,082,818.39 $2,540,099.78
170 $ 26,755,023.18 $2,540,099.78
171 $ 24,410,235.07 $2,540,099.78
172 $ 22,048,330.00 $2,540,099.78
173 $ 19,669,183.02 $2,540,099.78
174 $ 17,272,668.27 $2,540,099.78
175 $ 14,858,658.97 $2,540,099.78
176 $ 12,427,027.39 $2,540,099.78
177 $ 9,977,644.91 $2,540,099.78
178 $ 7,510,381.93 $2,540,099.78
179 $ 5,025,107.93 $2,540,099.78
180 $ 2,521,691.44 $2,540,099.78
PERIODO MESES

INTERESES AMORTIZACION A
CAPITAL SALDO FINAL
$ 1,854,200.00 -$ 685,899.78 $ 253,314,100.22
$ 1,849,192.93 -$ 690,906.85 $ 252,623,193.36
$ 1,844,149.31 -$ 695,950.47 $ 251,927,242.89
$ 1,839,068.87 -$ 701,030.91 $ 251,226,211.98
$ 1,833,951.35 -$ 706,148.44 $ 250,520,063.54
$ 1,828,796.46 -$ 711,303.32 $ 249,808,760.22
$ 1,823,603.95 -$ 716,495.84 $ 249,092,264.38
$ 1,818,373.53 -$ 721,726.25 $ 248,370,538.13
$ 1,813,104.93 -$ 726,994.86 $ 247,643,543.27
$ 1,807,797.87 -$ 732,301.92 $ 246,911,241.35
$ 1,802,452.06 -$ 737,647.72 $ 246,173,593.63
$ 1,797,067.23 -$ 743,032.55 $ 245,430,561.08
$ 1,791,643.10 -$ 748,456.69 $ 244,682,104.39
$ 1,786,179.36 -$ 753,920.42 $ 243,928,183.97
$ 1,780,675.74 -$ 759,424.04 $ 243,168,759.93
$ 1,775,131.95 -$ 764,967.84 $ 242,403,792.09
$ 1,769,547.68 -$ 770,552.10 $ 241,633,239.99
$ 1,763,922.65 -$ 776,177.13 $ 240,857,062.86
$ 1,758,256.56 -$ 781,843.23 $ 240,075,219.63
$ 1,752,549.10 -$ 787,550.68 $ 239,287,668.95
$ 1,746,799.98 -$ 793,299.80 $ 238,494,369.15
$ 1,741,008.89 -$ 799,090.89 $ 237,695,278.26
$ 1,735,175.53 -$ 804,924.25 $ 236,890,354.00
$ 1,729,299.58 -$ 810,800.20 $ 236,079,553.80
$ 1,723,380.74 -$ 816,719.04 $ 235,262,834.76
$ 1,717,418.69 -$ 822,681.09 $ 234,440,153.67
$ 1,711,413.12 -$ 828,686.66 $ 233,611,467.01
$ 1,705,363.71 -$ 834,736.08 $ 232,776,730.93
$ 1,699,270.14 -$ 840,829.65 $ 231,935,901.28
$ 1,693,132.08 -$ 846,967.71 $ 231,088,933.58
$ 1,686,949.22 -$ 853,150.57 $ 230,235,783.01
$ 1,680,721.22 -$ 859,378.57 $ 229,376,404.44
$ 1,674,447.75 -$ 865,652.03 $ 228,510,752.41
$ 1,668,128.49 -$ 871,971.29 $ 227,638,781.11
$ 1,661,763.10 -$ 878,336.68 $ 226,760,444.43
$ 1,655,351.24 -$ 884,748.54 $ 225,875,695.89
$ 1,648,892.58 -$ 891,207.20 $ 224,984,488.69
$ 1,642,386.77 -$ 897,713.02 $ 224,086,775.67
$ 1,635,833.46 -$ 904,266.32 $ 223,182,509.35
$ 1,629,232.32 -$ 910,867.47 $ 222,271,641.88
$ 1,622,582.99 -$ 917,516.80 $ 221,354,125.08
$ 1,615,885.11 -$ 924,214.67 $ 220,429,910.41
$ 1,609,138.35 -$ 930,961.44 $ 219,498,948.97
$ 1,602,342.33 -$ 937,757.46 $ 218,561,191.51
$ 1,595,496.70 -$ 944,603.09 $ 217,616,588.43
$ 1,588,601.10 -$ 951,498.69 $ 216,665,089.74
$ 1,581,655.16 -$ 958,444.63 $ 215,706,645.11
$ 1,574,658.51 -$ 965,441.28 $ 214,741,203.83
$ 1,567,610.79 -$ 972,489.00 $ 213,768,714.84
$ 1,560,511.62 -$ 979,588.17 $ 212,789,126.67
$ 1,553,360.62 -$ 986,739.16 $ 211,802,387.51
$ 1,546,157.43 -$ 993,942.36 $ 210,808,445.16
$ 1,538,901.65 -$ 1,001,198.14 $ 209,807,247.02
$ 1,531,592.90 -$ 1,008,506.88 $ 208,798,740.14
$ 1,524,230.80 -$ 1,015,868.98 $ 207,782,871.16
$ 1,516,814.96 -$ 1,023,284.83 $ 206,759,586.33
$ 1,509,344.98 -$ 1,030,754.80 $ 205,728,831.53
$ 1,501,820.47 -$ 1,038,279.31 $ 204,690,552.21
$ 1,494,241.03 -$ 1,045,858.75 $ 203,644,693.46
$ 1,486,606.26 -$ 1,053,493.52 $ 202,591,199.94
$ 1,478,915.76 -$ 1,061,184.03 $ 201,530,015.91
$ 1,471,169.12 -$ 1,068,930.67 $ 200,461,085.24
$ 1,463,365.92 -$ 1,076,733.86 $ 199,384,351.38
$ 1,455,505.77 -$ 1,084,594.02 $ 198,299,757.36
$ 1,447,588.23 -$ 1,092,511.56 $ 197,207,245.81
$ 1,439,612.89 -$ 1,100,486.89 $ 196,106,758.92
$ 1,431,579.34 -$ 1,108,520.44 $ 194,998,238.47
$ 1,423,487.14 -$ 1,116,612.64 $ 193,881,625.83
$ 1,415,335.87 -$ 1,124,763.92 $ 192,756,861.91
$ 1,407,125.09 -$ 1,132,974.69 $ 191,623,887.22
$ 1,398,854.38 -$ 1,141,245.41 $ 190,482,641.81
$ 1,390,523.29 -$ 1,149,576.50 $ 189,333,065.31
$ 1,382,131.38 -$ 1,157,968.41 $ 188,175,096.90
$ 1,373,678.21 -$ 1,166,421.58 $ 187,008,675.33
$ 1,365,163.33 -$ 1,174,936.45 $ 185,833,738.87
$ 1,356,586.29 -$ 1,183,513.49 $ 184,650,225.38
$ 1,347,946.65 -$ 1,192,153.14 $ 183,458,072.24
$ 1,339,243.93 -$ 1,200,855.86 $ 182,257,216.38
$ 1,330,477.68 -$ 1,209,622.11 $ 181,047,594.28
$ 1,321,647.44 -$ 1,218,452.35 $ 179,829,141.93
$ 1,312,752.74 -$ 1,227,347.05 $ 178,601,794.88
$ 1,303,793.10 -$ 1,236,306.68 $ 177,365,488.20
$ 1,294,768.06 -$ 1,245,331.72 $ 176,120,156.48
$ 1,285,677.14 -$ 1,254,422.64 $ 174,865,733.84
$ 1,276,519.86 -$ 1,263,579.93 $ 173,602,153.91
$ 1,267,295.72 -$ 1,272,804.06 $ 172,329,349.85
$ 1,258,004.25 -$ 1,282,095.53 $ 171,047,254.32
$ 1,248,644.96 -$ 1,291,454.83 $ 169,755,799.49
$ 1,239,217.34 -$ 1,300,882.45 $ 168,454,917.04
$ 1,229,720.89 -$ 1,310,378.89 $ 167,144,538.15
$ 1,220,155.13 -$ 1,319,944.66 $ 165,824,593.49
$ 1,210,519.53 -$ 1,329,580.25 $ 164,495,013.24
$ 1,200,813.60 -$ 1,339,286.19 $ 163,155,727.05
$ 1,191,036.81 -$ 1,349,062.98 $ 161,806,664.08
$ 1,181,188.65 -$ 1,358,911.14 $ 160,447,752.94
$ 1,171,268.60 -$ 1,368,831.19 $ 159,078,921.75
$ 1,161,276.13 -$ 1,378,823.66 $ 157,700,098.10
$ 1,151,210.72 -$ 1,388,889.07 $ 156,311,209.03
$ 1,141,071.83 -$ 1,399,027.96 $ 154,912,181.07
$ 1,130,858.92 -$ 1,409,240.86 $ 153,502,940.21
$ 1,120,571.46 -$ 1,419,528.32 $ 152,083,411.88
$ 1,110,208.91 -$ 1,429,890.88 $ 150,653,521.01
$ 1,099,770.70 -$ 1,440,329.08 $ 149,213,191.93
$ 1,089,256.30 -$ 1,450,843.48 $ 147,762,348.44
$ 1,078,665.14 -$ 1,461,434.64 $ 146,300,913.80
$ 1,067,996.67 -$ 1,472,103.11 $ 144,828,810.69
$ 1,057,250.32 -$ 1,482,849.47 $ 143,345,961.22
$ 1,046,425.52 -$ 1,493,674.27 $ 141,852,286.95
$ 1,035,521.69 -$ 1,504,578.09 $ 140,347,708.86
$ 1,024,538.27 -$ 1,515,561.51 $ 138,832,147.35
$ 1,013,474.68 -$ 1,526,625.11 $ 137,305,522.24
$ 1,002,330.31 -$ 1,537,769.47 $ 135,767,752.77
$ 991,104.60 -$ 1,548,995.19 $ 134,218,757.58
$ 979,796.93 -$ 1,560,302.85 $ 132,658,454.73
$ 968,406.72 -$ 1,571,693.07 $ 131,086,761.66
$ 956,933.36 -$ 1,583,166.42 $ 129,503,595.24
$ 945,376.25 -$ 1,594,723.54 $ 127,908,871.70
$ 933,734.76 -$ 1,606,365.02 $ 126,302,506.68
$ 922,008.30 -$ 1,618,091.49 $ 124,684,415.19
$ 910,196.23 -$ 1,629,903.55 $ 123,054,511.64
$ 898,297.93 -$ 1,641,801.85 $ 121,412,709.79
$ 886,312.78 -$ 1,653,787.00 $ 119,758,922.78
$ 874,240.14 -$ 1,665,859.65 $ 118,093,063.14
$ 862,079.36 -$ 1,678,020.42 $ 116,415,042.71
$ 849,829.81 -$ 1,690,269.97 $ 114,724,772.74
$ 837,490.84 -$ 1,702,608.94 $ 113,022,163.80
$ 825,061.80 -$ 1,715,037.99 $ 111,307,125.81
$ 812,542.02 -$ 1,727,557.77 $ 109,579,568.04
$ 799,930.85 -$ 1,740,168.94 $ 107,839,399.10
$ 787,227.61 -$ 1,752,872.17 $ 106,086,526.93
$ 774,431.65 -$ 1,765,668.14 $ 104,320,858.79
$ 761,542.27 -$ 1,778,557.52 $ 102,542,301.28
$ 748,558.80 -$ 1,791,540.99 $ 100,750,760.29
$ 735,480.55 -$ 1,804,619.23 $ 98,946,141.06
$ 722,306.83 -$ 1,817,792.95 $ 97,128,348.10
$ 709,036.94 -$ 1,831,062.84 $ 95,297,285.26
$ 695,670.18 -$ 1,844,429.60 $ 93,452,855.66
$ 682,205.85 -$ 1,857,893.94 $ 91,594,961.72
$ 668,643.22 -$ 1,871,456.56 $ 89,723,505.15
$ 654,981.59 -$ 1,885,118.20 $ 87,838,386.96
$ 641,220.22 -$ 1,898,879.56 $ 85,939,507.40
$ 627,358.40 -$ 1,912,741.38 $ 84,026,766.02
$ 613,395.39 -$ 1,926,704.39 $ 82,100,061.62
$ 599,330.45 -$ 1,940,769.33 $ 80,159,292.29
$ 585,162.83 -$ 1,954,936.95 $ 78,204,355.34
$ 570,891.79 -$ 1,969,207.99 $ 76,235,147.35
$ 556,516.58 -$ 1,983,583.21 $ 74,251,564.14
$ 542,036.42 -$ 1,998,063.37 $ 72,253,500.77
$ 527,450.56 -$ 2,012,649.23 $ 70,240,851.54
$ 512,758.22 -$ 2,027,341.57 $ 68,213,509.97
$ 497,958.62 -$ 2,042,141.16 $ 66,171,368.81
$ 483,050.99 -$ 2,057,048.79 $ 64,114,320.02
$ 468,034.54 -$ 2,072,065.25 $ 62,042,254.77
$ 452,908.46 -$ 2,087,191.32 $ 59,955,063.45
$ 437,671.96 -$ 2,102,427.82 $ 57,852,635.63
$ 422,324.24 -$ 2,117,775.54 $ 55,734,860.08
$ 406,864.48 -$ 2,133,235.31 $ 53,601,624.78
$ 391,291.86 -$ 2,148,807.92 $ 51,452,816.85
$ 375,605.56 -$ 2,164,494.22 $ 49,288,322.63
$ 359,804.76 -$ 2,180,295.03 $ 47,108,027.60
$ 343,888.60 -$ 2,196,211.18 $ 44,911,816.42
$ 327,856.26 -$ 2,212,243.52 $ 42,699,572.89
$ 311,706.88 -$ 2,228,392.90 $ 40,471,179.99
$ 295,439.61 -$ 2,244,660.17 $ 38,226,519.82
$ 279,053.59 -$ 2,261,046.19 $ 35,965,473.63
$ 262,547.96 -$ 2,277,551.83 $ 33,687,921.80
$ 245,921.83 -$ 2,294,177.96 $ 31,393,743.85
$ 229,174.33 -$ 2,310,925.45 $ 29,082,818.39
$ 212,304.57 -$ 2,327,795.21 $ 26,755,023.18
$ 195,311.67 -$ 2,344,788.12 $ 24,410,235.07
$ 178,194.72 -$ 2,361,905.07 $ 22,048,330.00
$ 160,952.81 -$ 2,379,146.98 $ 19,669,183.02
$ 143,585.04 -$ 2,396,514.75 $ 17,272,668.27
$ 126,090.48 -$ 2,414,009.31 $ 14,858,658.97
$ 108,468.21 -$ 2,431,631.57 $ 12,427,027.39
$ 90,717.30 -$ 2,449,382.48 $ 9,977,644.91
$ 72,836.81 -$ 2,467,262.98 $ 7,510,381.93
$ 54,825.79 -$ 2,485,274.00 $ 5,025,107.93
$ 36,683.29 -$ 2,503,416.50 $ 2,521,691.44
$ 18,408.35 -$ 2,521,691.44 -$ 0.00
$ 203,217,961.24
 VARIABLES
VA -$ 254,000,000
i 0.93%
n 180

PAGO $2,912,526.93

N.CUOTA VR. INICIAL CUOTA INTERESES

1 $ 254,000,000 $2,912,526.93 $ 2,362,200.00

2 $ 253,449,673.07 $2,912,526.93 $ 2,357,081.96
3 $ 252,894,228.10 $2,912,526.93 $ 2,351,916.32
4 $ 252,333,617.50 $2,912,526.93 $ 2,346,702.64
5 $ 251,767,793.21 $2,912,526.93 $ 2,341,440.48
6 $ 251,196,706.76 $2,912,526.93 $ 2,336,129.37
7 $ 250,620,309.21 $2,912,526.93 $ 2,330,768.88
8 $ 250,038,551.15 $2,912,526.93 $ 2,325,358.53
9 $ 249,451,382.75 $2,912,526.93 $ 2,319,897.86
10 $ 248,858,753.68 $2,912,526.93 $ 2,314,386.41
11 $ 248,260,613.16 $2,912,526.93 $ 2,308,823.70
12 $ 247,656,909.94 $2,912,526.93 $ 2,303,209.26
13 $ 247,047,592.27 $2,912,526.93 $ 2,297,542.61
14 $ 246,432,607.95 $2,912,526.93 $ 2,291,823.25
15 $ 245,811,904.28 $2,912,526.93 $ 2,286,050.71
16 $ 245,185,428.06 $2,912,526.93 $ 2,280,224.48
17 $ 244,553,125.61 $2,912,526.93 $ 2,274,344.07
18 $ 243,914,942.75 $2,912,526.93 $ 2,268,408.97
19 $ 243,270,824.79 $2,912,526.93 $ 2,262,418.67
20 $ 242,620,716.54 $2,912,526.93 $ 2,256,372.66
21 $ 241,964,562.27 $2,912,526.93 $ 2,250,270.43
22 $ 241,302,305.77 $2,912,526.93 $ 2,244,111.44
23 $ 240,633,890.29 $2,912,526.93 $ 2,237,895.18
24 $ 239,959,258.54 $2,912,526.93 $ 2,231,621.10
25 $ 239,278,352.72 $2,912,526.93 $ 2,225,288.68
26 $ 238,591,114.47 $2,912,526.93 $ 2,218,897.36
27 $ 237,897,484.90 $2,912,526.93 $ 2,212,446.61
28 $ 237,197,404.59 $2,912,526.93 $ 2,205,935.86
29 $ 236,490,813.52 $2,912,526.93 $ 2,199,364.57
30 $ 235,777,651.16 $2,912,526.93 $ 2,192,732.16
31 $ 235,057,856.39 $2,912,526.93 $ 2,186,038.06
32 $ 234,331,367.52 $2,912,526.93 $ 2,179,281.72
33 $ 233,598,122.31 $2,912,526.93 $ 2,172,462.54
34 $ 232,858,057.92 $2,912,526.93 $ 2,165,579.94
35 $ 232,111,110.93 $2,912,526.93 $ 2,158,633.33
36 $ 231,357,217.34 $2,912,526.93 $ 2,151,622.12
37 $ 230,596,312.53 $2,912,526.93 $ 2,144,545.71
38 $ 229,828,331.31 $2,912,526.93 $ 2,137,403.48
39 $ 229,053,207.86 $2,912,526.93 $ 2,130,194.83
40 $ 228,270,875.77 $2,912,526.93 $ 2,122,919.14
41 $ 227,481,267.98 $2,912,526.93 $ 2,115,575.79
42 $ 226,684,316.85 $2,912,526.93 $ 2,108,164.15
43 $ 225,879,954.07 $2,912,526.93 $ 2,100,683.57
44 $ 225,068,110.71 $2,912,526.93 $ 2,093,133.43
45 $ 224,248,717.21 $2,912,526.93 $ 2,085,513.07
46 $ 223,421,703.35 $2,912,526.93 $ 2,077,821.84
47 $ 222,586,998.27 $2,912,526.93 $ 2,070,059.08
48 $ 221,744,530.42 $2,912,526.93 $ 2,062,224.13
49 $ 220,894,227.63 $2,912,526.93 $ 2,054,316.32
50 $ 220,036,017.02 $2,912,526.93 $ 2,046,334.96
51 $ 219,169,825.05 $2,912,526.93 $ 2,038,279.37
52 $ 218,295,577.49 $2,912,526.93 $ 2,030,148.87
53 $ 217,413,199.43 $2,912,526.93 $ 2,021,942.75
54 $ 216,522,615.26 $2,912,526.93 $ 2,013,660.32
55 $ 215,623,748.66 $2,912,526.93 $ 2,005,300.86
56 $ 214,716,522.59 $2,912,526.93 $ 1,996,863.66
57 $ 213,800,859.32 $2,912,526.93 $ 1,988,347.99
58 $ 212,876,680.39 $2,912,526.93 $ 1,979,753.13
59 $ 211,943,906.58 $2,912,526.93 $ 1,971,078.33
60 $ 211,002,457.99 $2,912,526.93 $ 1,962,322.86
61 $ 210,052,253.92 $2,912,526.93 $ 1,953,485.96
62 $ 209,093,212.95 $2,912,526.93 $ 1,944,566.88
63 $ 208,125,252.91 $2,912,526.93 $ 1,935,564.85
64 $ 207,148,290.83 $2,912,526.93 $ 1,926,479.10
65 $ 206,162,243.01 $2,912,526.93 $ 1,917,308.86
66 $ 205,167,024.94 $2,912,526.93 $ 1,908,053.33
67 $ 204,162,551.34 $2,912,526.93 $ 1,898,711.73
68 $ 203,148,736.14 $2,912,526.93 $ 1,889,283.25
69 $ 202,125,492.46 $2,912,526.93 $ 1,879,767.08
70 $ 201,092,732.61 $2,912,526.93 $ 1,870,162.41
71 $ 200,050,368.10 $2,912,526.93 $ 1,860,468.42
72 $ 198,998,309.59 $2,912,526.93 $ 1,850,684.28
73 $ 197,936,466.94 $2,912,526.93 $ 1,840,809.14
74 $ 196,864,749.16 $2,912,526.93 $ 1,830,842.17
75 $ 195,783,064.40 $2,912,526.93 $ 1,820,782.50
76 $ 194,691,319.97 $2,912,526.93 $ 1,810,629.28
77 $ 193,589,422.32 $2,912,526.93 $ 1,800,381.63
78 $ 192,477,277.01 $2,912,526.93 $ 1,790,038.68
79 $ 191,354,788.76 $2,912,526.93 $ 1,779,599.54
80 $ 190,221,861.37 $2,912,526.93 $ 1,769,063.31
81 $ 189,078,397.75 $2,912,526.93 $ 1,758,429.10
82 $ 187,924,299.92 $2,912,526.93 $ 1,747,695.99
83 $ 186,759,468.99 $2,912,526.93 $ 1,736,863.06
84 $ 185,583,805.12 $2,912,526.93 $ 1,725,929.39
85 $ 184,397,207.58 $2,912,526.93 $ 1,714,894.03
86 $ 183,199,574.68 $2,912,526.93 $ 1,703,756.04
87 $ 181,990,803.80 $2,912,526.93 $ 1,692,514.48
88 $ 180,770,791.34 $2,912,526.93 $ 1,681,168.36
89 $ 179,539,432.78 $2,912,526.93 $ 1,669,716.72
90 $ 178,296,622.57 $2,912,526.93 $ 1,658,158.59
91 $ 177,042,254.23 $2,912,526.93 $ 1,646,492.96
92 $ 175,776,220.27 $2,912,526.93 $ 1,634,718.85
93 $ 174,498,412.19 $2,912,526.93 $ 1,622,835.23
94 $ 173,208,720.50 $2,912,526.93 $ 1,610,841.10
95 $ 171,907,034.67 $2,912,526.93 $ 1,598,735.42
96 $ 170,593,243.16 $2,912,526.93 $ 1,586,517.16
97 $ 169,267,233.40 $2,912,526.93 $ 1,574,185.27
98 $ 167,928,891.74 $2,912,526.93 $ 1,561,738.69
99 $ 166,578,103.51 $2,912,526.93 $ 1,549,176.36
100 $ 165,214,752.94 $2,912,526.93 $ 1,536,497.20
101 $ 163,838,723.21 $2,912,526.93 $ 1,523,700.13
102 $ 162,449,896.41 $2,912,526.93 $ 1,510,784.04
103 $ 161,048,153.52 $2,912,526.93 $ 1,497,747.83
104 $ 159,633,374.42 $2,912,526.93 $ 1,484,590.38
105 $ 158,205,437.87 $2,912,526.93 $ 1,471,310.57
106 $ 156,764,221.52 $2,912,526.93 $ 1,457,907.26
107 $ 155,309,601.85 $2,912,526.93 $ 1,444,379.30
108 $ 153,841,454.22 $2,912,526.93 $ 1,430,725.52
109 $ 152,359,652.82 $2,912,526.93 $ 1,416,944.77
110 $ 150,864,070.66 $2,912,526.93 $ 1,403,035.86
111 $ 149,354,579.59 $2,912,526.93 $ 1,388,997.59
112 $ 147,831,050.25 $2,912,526.93 $ 1,374,828.77
113 $ 146,293,352.09 $2,912,526.93 $ 1,360,528.17
114 $ 144,741,353.34 $2,912,526.93 $ 1,346,094.59
115 $ 143,174,920.99 $2,912,526.93 $ 1,331,526.77
116 $ 141,593,920.83 $2,912,526.93 $ 1,316,823.46
117 $ 139,998,217.37 $2,912,526.93 $ 1,301,983.42
118 $ 138,387,673.86 $2,912,526.93 $ 1,287,005.37
119 $ 136,762,152.30 $2,912,526.93 $ 1,271,888.02
120 $ 135,121,513.39 $2,912,526.93 $ 1,256,630.07
121 $ 133,465,616.53 $2,912,526.93 $ 1,241,230.23
122 $ 131,794,319.84 $2,912,526.93 $ 1,225,687.17
123 $ 130,107,480.09 $2,912,526.93 $ 1,209,999.56
124 $ 128,404,952.72 $2,912,526.93 $ 1,194,166.06
125 $ 126,686,591.86 $2,912,526.93 $ 1,178,185.30
126 $ 124,952,250.23 $2,912,526.93 $ 1,162,055.93
127 $ 123,201,779.23 $2,912,526.93 $ 1,145,776.55
128 $ 121,435,028.85 $2,912,526.93 $ 1,129,345.77
129 $ 119,651,847.69 $2,912,526.93 $ 1,112,762.18
130 $ 117,852,082.95 $2,912,526.93 $ 1,096,024.37
131 $ 116,035,580.39 $2,912,526.93 $ 1,079,130.90
132 $ 114,202,184.36 $2,912,526.93 $ 1,062,080.31
133 $ 112,351,737.75 $2,912,526.93 $ 1,044,871.16
134 $ 110,484,081.98 $2,912,526.93 $ 1,027,501.96
135 $ 108,599,057.01 $2,912,526.93 $ 1,009,971.23
136 $ 106,696,501.31 $2,912,526.93 $ 992,277.46
137 $ 104,776,251.85 $2,912,526.93 $ 974,419.14
138 $ 102,838,144.06 $2,912,526.93 $ 956,394.74
139 $ 100,882,011.87 $2,912,526.93 $ 938,202.71
140 $ 98,907,687.66 $2,912,526.93 $ 919,841.50
141 $ 96,915,002.22 $2,912,526.93 $ 901,309.52
142 $ 94,903,784.82 $2,912,526.93 $ 882,605.20
143 $ 92,873,863.09 $2,912,526.93 $ 863,726.93
144 $ 90,825,063.09 $2,912,526.93 $ 844,673.09
145 $ 88,757,209.25 $2,912,526.93 $ 825,442.05
146 $ 86,670,124.36 $2,912,526.93 $ 806,032.16
147 $ 84,563,629.59 $2,912,526.93 $ 786,441.76
148 $ 82,437,544.42 $2,912,526.93 $ 766,669.16
149 $ 80,291,686.65 $2,912,526.93 $ 746,712.69
150 $ 78,125,872.41 $2,912,526.93 $ 726,570.61
151 $ 75,939,916.10 $2,912,526.93 $ 706,241.22
152 $ 73,733,630.39 $2,912,526.93 $ 685,722.76
153 $ 71,506,826.22 $2,912,526.93 $ 665,013.48
154 $ 69,259,312.78 $2,912,526.93 $ 644,111.61
155 $ 66,990,897.46 $2,912,526.93 $ 623,015.35
156 $ 64,701,385.88 $2,912,526.93 $ 601,722.89
157 $ 62,390,581.84 $2,912,526.93 $ 580,232.41
158 $ 60,058,287.32 $2,912,526.93 $ 558,542.07
159 $ 57,704,302.47 $2,912,526.93 $ 536,650.01
160 $ 55,328,425.55 $2,912,526.93 $ 514,554.36
161 $ 52,930,452.98 $2,912,526.93 $ 492,253.21
162 $ 50,510,179.27 $2,912,526.93 $ 469,744.67
163 $ 48,067,397.00 $2,912,526.93 $ 447,026.79
164 $ 45,601,896.87 $2,912,526.93 $ 424,097.64
165 $ 43,113,467.58 $2,912,526.93 $ 400,955.25
166 $ 40,601,895.90 $2,912,526.93 $ 377,597.63
167 $ 38,066,966.61 $2,912,526.93 $ 354,022.79
168 $ 35,508,462.47 $2,912,526.93 $ 330,228.70
169 $ 32,926,164.24 $2,912,526.93 $ 306,213.33
170 $ 30,319,850.64 $2,912,526.93 $ 281,974.61
171 $ 27,689,298.32 $2,912,526.93 $ 257,510.47
172 $ 25,034,281.87 $2,912,526.93 $ 232,818.82
173 $ 22,354,573.76 $2,912,526.93 $ 207,897.54
174 $ 19,649,944.37 $2,912,526.93 $ 182,744.48
175 $ 16,920,161.93 $2,912,526.93 $ 157,357.51
176 $ 14,164,992.50 $2,912,526.93 $ 131,734.43
177 $ 11,384,200.01 $2,912,526.93 $ 105,873.06
178 $ 8,577,546.14 $2,912,526.93 $ 79,771.18
179 $ 5,744,790.39 $2,912,526.93 $ 53,426.55
180 $ 2,885,690.01 $2,912,526.93 $ 26,836.92
$ 270,254,847.04
 AMORTIZACION A
CAPITAL SALDO FINAL
-$ 550,326.93 $ 253,449,673.07
-$ 555,444.97 $ 252,894,228.10
-$ 560,610.61 $ 252,333,617.50
-$ 565,824.29 $ 251,767,793.21
-$ 571,086.45 $ 251,196,706.76
-$ 576,397.56 $ 250,620,309.21
-$ 581,758.05 $ 250,038,551.15
-$ 587,168.40 $ 249,451,382.75
-$ 592,629.07 $ 248,858,753.68
-$ 598,140.52 $ 248,260,613.16
-$ 603,703.23 $ 247,656,909.94
-$ 609,317.67 $ 247,047,592.27
-$ 614,984.32 $ 246,432,607.95
-$ 620,703.67 $ 245,811,904.28
-$ 626,476.22 $ 245,185,428.06
-$ 632,302.45 $ 244,553,125.61
-$ 638,182.86 $ 243,914,942.75
-$ 644,117.96 $ 243,270,824.79
-$ 650,108.26 $ 242,620,716.54
-$ 656,154.26 $ 241,964,562.27
-$ 662,256.50 $ 241,302,305.77
-$ 668,415.48 $ 240,633,890.29
-$ 674,631.75 $ 239,959,258.54
-$ 680,905.82 $ 239,278,352.72
-$ 687,238.25 $ 238,591,114.47
-$ 693,629.56 $ 237,897,484.90
-$ 700,080.32 $ 237,197,404.59
-$ 706,591.07 $ 236,490,813.52
-$ 713,162.36 $ 235,777,651.16
-$ 719,794.77 $ 235,057,856.39
-$ 726,488.86 $ 234,331,367.52
-$ 733,245.21 $ 233,598,122.31
-$ 740,064.39 $ 232,858,057.92
-$ 746,946.99 $ 232,111,110.93
-$ 753,893.60 $ 231,357,217.34
-$ 760,904.81 $ 230,596,312.53
-$ 767,981.22 $ 229,828,331.31
-$ 775,123.45 $ 229,053,207.86
-$ 782,332.09 $ 228,270,875.77
-$ 789,607.78 $ 227,481,267.98
-$ 796,951.14 $ 226,684,316.85
-$ 804,362.78 $ 225,879,954.07
-$ 811,843.36 $ 225,068,110.71
-$ 819,393.50 $ 224,248,717.21
-$ 827,013.86 $ 223,421,703.35
-$ 834,705.09 $ 222,586,998.27
-$ 842,467.84 $ 221,744,530.42
-$ 850,302.80 $ 220,894,227.63
-$ 858,210.61 $ 220,036,017.02
-$ 866,191.97 $ 219,169,825.05
-$ 874,247.56 $ 218,295,577.49
-$ 882,378.06 $ 217,413,199.43
-$ 890,584.17 $ 216,522,615.26
-$ 898,866.61 $ 215,623,748.66
-$ 907,226.07 $ 214,716,522.59
-$ 915,663.27 $ 213,800,859.32
-$ 924,178.94 $ 212,876,680.39
-$ 932,773.80 $ 211,943,906.58
-$ 941,448.60 $ 211,002,457.99
-$ 950,204.07 $ 210,052,253.92
-$ 959,040.97 $ 209,093,212.95
-$ 967,960.05 $ 208,125,252.91
-$ 976,962.08 $ 207,148,290.83
-$ 986,047.82 $ 206,162,243.01
-$ 995,218.07 $ 205,167,024.94
-$ 1,004,473.60 $ 204,162,551.34
-$ 1,013,815.20 $ 203,148,736.14
-$ 1,023,243.68 $ 202,125,492.46
-$ 1,032,759.85 $ 201,092,732.61
-$ 1,042,364.51 $ 200,050,368.10
-$ 1,052,058.50 $ 198,998,309.59
-$ 1,061,842.65 $ 197,936,466.94
-$ 1,071,717.79 $ 196,864,749.16
-$ 1,081,684.76 $ 195,783,064.40
-$ 1,091,744.43 $ 194,691,319.97
-$ 1,101,897.65 $ 193,589,422.32
-$ 1,112,145.30 $ 192,477,277.01
-$ 1,122,488.25 $ 191,354,788.76
-$ 1,132,927.39 $ 190,221,861.37
-$ 1,143,463.62 $ 189,078,397.75
-$ 1,154,097.83 $ 187,924,299.92
-$ 1,164,830.94 $ 186,759,468.99
-$ 1,175,663.87 $ 185,583,805.12
-$ 1,186,597.54 $ 184,397,207.58
-$ 1,197,632.90 $ 183,199,574.68
-$ 1,208,770.88 $ 181,990,803.80
-$ 1,220,012.45 $ 180,770,791.34
-$ 1,231,358.57 $ 179,539,432.78
-$ 1,242,810.20 $ 178,296,622.57
-$ 1,254,368.34 $ 177,042,254.23
-$ 1,266,033.96 $ 175,776,220.27
-$ 1,277,808.08 $ 174,498,412.19
-$ 1,289,691.69 $ 173,208,720.50
-$ 1,301,685.83 $ 171,907,034.67
-$ 1,313,791.51 $ 170,593,243.16
-$ 1,326,009.77 $ 169,267,233.40
-$ 1,338,341.66 $ 167,928,891.74
-$ 1,350,788.23 $ 166,578,103.51
-$ 1,363,350.57 $ 165,214,752.94
-$ 1,376,029.73 $ 163,838,723.21
-$ 1,388,826.80 $ 162,449,896.41
-$ 1,401,742.89 $ 161,048,153.52
-$ 1,414,779.10 $ 159,633,374.42
-$ 1,427,936.55 $ 158,205,437.87
-$ 1,441,216.36 $ 156,764,221.52
-$ 1,454,619.67 $ 155,309,601.85
-$ 1,468,147.63 $ 153,841,454.22
-$ 1,481,801.40 $ 152,359,652.82
-$ 1,495,582.16 $ 150,864,070.66
-$ 1,509,491.07 $ 149,354,579.59
-$ 1,523,529.34 $ 147,831,050.25
-$ 1,537,698.16 $ 146,293,352.09
-$ 1,551,998.75 $ 144,741,353.34
-$ 1,566,432.34 $ 143,174,920.99
-$ 1,581,000.16 $ 141,593,920.83
-$ 1,595,703.46 $ 139,998,217.37
-$ 1,610,543.51 $ 138,387,673.86
-$ 1,625,521.56 $ 136,762,152.30
-$ 1,640,638.91 $ 135,121,513.39
-$ 1,655,896.85 $ 133,465,616.53
-$ 1,671,296.69 $ 131,794,319.84
-$ 1,686,839.75 $ 130,107,480.09
-$ 1,702,527.36 $ 128,404,952.72
-$ 1,718,360.87 $ 126,686,591.86
-$ 1,734,341.62 $ 124,952,250.23
-$ 1,750,471.00 $ 123,201,779.23
-$ 1,766,750.38 $ 121,435,028.85
-$ 1,783,181.16 $ 119,651,847.69
-$ 1,799,764.74 $ 117,852,082.95
-$ 1,816,502.56 $ 116,035,580.39
-$ 1,833,396.03 $ 114,202,184.36
-$ 1,850,446.61 $ 112,351,737.75
-$ 1,867,655.77 $ 110,484,081.98
-$ 1,885,024.97 $ 108,599,057.01
-$ 1,902,555.70 $ 106,696,501.31
-$ 1,920,249.47 $ 104,776,251.85
-$ 1,938,107.79 $ 102,838,144.06
-$ 1,956,132.19 $ 100,882,011.87
-$ 1,974,324.22 $ 98,907,687.66
-$ 1,992,685.43 $ 96,915,002.22
-$ 2,011,217.41 $ 94,903,784.82
-$ 2,029,921.73 $ 92,873,863.09
-$ 2,048,800.00 $ 90,825,063.09
-$ 2,067,853.84 $ 88,757,209.25
-$ 2,087,084.88 $ 86,670,124.36
-$ 2,106,494.77 $ 84,563,629.59
-$ 2,126,085.17 $ 82,437,544.42
-$ 2,145,857.76 $ 80,291,686.65
-$ 2,165,814.24 $ 78,125,872.41
-$ 2,185,956.31 $ 75,939,916.10
-$ 2,206,285.71 $ 73,733,630.39
-$ 2,226,804.17 $ 71,506,826.22
-$ 2,247,513.44 $ 69,259,312.78
-$ 2,268,415.32 $ 66,990,897.46
-$ 2,289,511.58 $ 64,701,385.88
-$ 2,310,804.04 $ 62,390,581.84
-$ 2,332,294.52 $ 60,058,287.32
-$ 2,353,984.86 $ 57,704,302.47
-$ 2,375,876.92 $ 55,328,425.55
-$ 2,397,972.57 $ 52,930,452.98
-$ 2,420,273.72 $ 50,510,179.27
-$ 2,442,782.26 $ 48,067,397.00
-$ 2,465,500.14 $ 45,601,896.87
-$ 2,488,429.29 $ 43,113,467.58
-$ 2,511,571.68 $ 40,601,895.90
-$ 2,534,929.30 $ 38,066,966.61
-$ 2,558,504.14 $ 35,508,462.47
-$ 2,582,298.23 $ 32,926,164.24
-$ 2,606,313.60 $ 30,319,850.64
-$ 2,630,552.32 $ 27,689,298.32
-$ 2,655,016.45 $ 25,034,281.87
-$ 2,679,708.11 $ 22,354,573.76
-$ 2,704,629.39 $ 19,649,944.37
-$ 2,729,782.45 $ 16,920,161.93
-$ 2,755,169.42 $ 14,164,992.50
-$ 2,780,792.50 $ 11,384,200.01
-$ 2,806,653.87 $ 8,577,546.14
-$ 2,832,755.75 $ 5,744,790.39
-$ 2,859,100.38 $ 2,885,690.01
-$ 2,885,690.01 -$ 0.00
 VARIABLES
VA -$ 254,000,000
i 0.79%
n 180

PAGO $2,649,266.21

AMORTIZACION A
N.CUOTA VR. INICIAL CUOTA INTERESES
CAPITAL
1 $ 254,000,000 $2,649,266.21 $ 2,006,600.00 -$ 642,666.21
2 $ 253,357,333.79 $2,649,266.21 $ 2,001,522.94 -$ 647,743.27
3 $ 252,709,590.53 $2,649,266.21 $ 1,996,405.77 -$ 652,860.44
4 $ 252,056,730.09 $2,649,266.21 $ 1,991,248.17 -$ 658,018.04
5 $ 251,398,712.05 $2,649,266.21 $ 1,986,049.83 -$ 663,216.38
6 $ 250,735,495.67 $2,649,266.21 $ 1,980,810.42 -$ 668,455.79
7 $ 250,067,039.88 $2,649,266.21 $ 1,975,529.62 -$ 673,736.59
8 $ 249,393,303.29 $2,649,266.21 $ 1,970,207.10 -$ 679,059.11
9 $ 248,714,244.18 $2,649,266.21 $ 1,964,842.53 -$ 684,423.68
10 $ 248,029,820.50 $2,649,266.21 $ 1,959,435.58 -$ 689,830.62
11 $ 247,339,989.88 $2,649,266.21 $ 1,953,985.92 -$ 695,280.29
12 $ 246,644,709.59 $2,649,266.21 $ 1,948,493.21 -$ 700,773.00
13 $ 245,943,936.59 $2,649,266.21 $ 1,942,957.10 -$ 706,309.11
14 $ 245,237,627.49 $2,649,266.21 $ 1,937,377.26 -$ 711,888.95
15 $ 244,525,738.54 $2,649,266.21 $ 1,931,753.33 -$ 717,512.87
16 $ 243,808,225.67 $2,649,266.21 $ 1,926,084.98 -$ 723,181.22
17 $ 243,085,044.44 $2,649,266.21 $ 1,920,371.85 -$ 728,894.35
18 $ 242,356,150.09 $2,649,266.21 $ 1,914,613.59 -$ 734,652.62
19 $ 241,621,497.47 $2,649,266.21 $ 1,908,809.83 -$ 740,456.38
20 $ 240,881,041.09 $2,649,266.21 $ 1,902,960.22 -$ 746,305.98
21 $ 240,134,735.11 $2,649,266.21 $ 1,897,064.41 -$ 752,201.80
22 $ 239,382,533.32 $2,649,266.21 $ 1,891,122.01 -$ 758,144.19
23 $ 238,624,389.12 $2,649,266.21 $ 1,885,132.67 -$ 764,133.53
24 $ 237,860,255.59 $2,649,266.21 $ 1,879,096.02 -$ 770,170.19
25 $ 237,090,085.41 $2,649,266.21 $ 1,873,011.67 -$ 776,254.53
26 $ 236,313,830.88 $2,649,266.21 $ 1,866,879.26 -$ 782,386.94
27 $ 235,531,443.93 $2,649,266.21 $ 1,860,698.41 -$ 788,567.80
28 $ 234,742,876.14 $2,649,266.21 $ 1,854,468.72 -$ 794,797.48
29 $ 233,948,078.65 $2,649,266.21 $ 1,848,189.82 -$ 801,076.38
30 $ 233,147,002.27 $2,649,266.21 $ 1,841,861.32 -$ 807,404.89
31 $ 232,339,597.38 $2,649,266.21 $ 1,835,482.82 -$ 813,783.39
32 $ 231,525,813.99 $2,649,266.21 $ 1,829,053.93 -$ 820,212.27
33 $ 230,705,601.72 $2,649,266.21 $ 1,822,574.25 -$ 826,691.95
34 $ 229,878,909.77 $2,649,266.21 $ 1,816,043.39 -$ 833,222.82
35 $ 229,045,686.95 $2,649,266.21 $ 1,809,460.93 -$ 839,805.28
36 $ 228,205,881.67 $2,649,266.21 $ 1,802,826.47 -$ 846,439.74
37 $ 227,359,441.93 $2,649,266.21 $ 1,796,139.59 -$ 853,126.61
38 $ 226,506,315.32 $2,649,266.21 $ 1,789,399.89 -$ 859,866.31
39 $ 225,646,449.00 $2,649,266.21 $ 1,782,606.95 -$ 866,659.26
40 $ 224,779,789.74 $2,649,266.21 $ 1,775,760.34 -$ 873,505.87
41 $ 223,906,283.88 $2,649,266.21 $ 1,768,859.64 -$ 880,406.56
42 $ 223,025,877.31 $2,649,266.21 $ 1,761,904.43 -$ 887,361.77
43 $ 222,138,515.54 $2,649,266.21 $ 1,754,894.27 -$ 894,371.93
44 $ 221,244,143.61 $2,649,266.21 $ 1,747,828.73 -$ 901,437.47
45 $ 220,342,706.13 $2,649,266.21 $ 1,740,707.38 -$ 908,558.83
46 $ 219,434,147.31 $2,649,266.21 $ 1,733,529.76 -$ 915,736.44
47 $ 218,518,410.87 $2,649,266.21 $ 1,726,295.45 -$ 922,970.76
48 $ 217,595,440.11 $2,649,266.21 $ 1,719,003.98 -$ 930,262.23
49 $ 216,665,177.88 $2,649,266.21 $ 1,711,654.91 -$ 937,611.30
50 $ 215,727,566.58 $2,649,266.21 $ 1,704,247.78 -$ 945,018.43
51 $ 214,782,548.15 $2,649,266.21 $ 1,696,782.13 -$ 952,484.08
52 $ 213,830,064.07 $2,649,266.21 $ 1,689,257.51 -$ 960,008.70
53 $ 212,870,055.37 $2,649,266.21 $ 1,681,673.44 -$ 967,592.77
54 $ 211,902,462.61 $2,649,266.21 $ 1,674,029.45 -$ 975,236.75
55 $ 210,927,225.85 $2,649,266.21 $ 1,666,325.08 -$ 982,941.12
56 $ 209,944,284.73 $2,649,266.21 $ 1,658,559.85 -$ 990,706.36
57 $ 208,953,578.38 $2,649,266.21 $ 1,650,733.27 -$ 998,532.94
58 $ 207,955,045.44 $2,649,266.21 $ 1,642,844.86 -$ 1,006,421.35
59 $ 206,948,624.09 $2,649,266.21 $ 1,634,894.13 -$ 1,014,372.08
60 $ 205,934,252.02 $2,649,266.21 $ 1,626,880.59 -$ 1,022,385.61
61 $ 204,911,866.40 $2,649,266.21 $ 1,618,803.74 -$ 1,030,462.46
62 $ 203,881,403.94 $2,649,266.21 $ 1,610,663.09 -$ 1,038,603.11
63 $ 202,842,800.83 $2,649,266.21 $ 1,602,458.13 -$ 1,046,808.08
64 $ 201,795,992.75 $2,649,266.21 $ 1,594,188.34 -$ 1,055,077.86
65 $ 200,740,914.89 $2,649,266.21 $ 1,585,853.23 -$ 1,063,412.98
66 $ 199,677,501.91 $2,649,266.21 $ 1,577,452.27 -$ 1,071,813.94
67 $ 198,605,687.97 $2,649,266.21 $ 1,568,984.93 -$ 1,080,281.27
68 $ 197,525,406.70 $2,649,266.21 $ 1,560,450.71 -$ 1,088,815.49
69 $ 196,436,591.21 $2,649,266.21 $ 1,551,849.07 -$ 1,097,417.13
70 $ 195,339,174.07 $2,649,266.21 $ 1,543,179.48 -$ 1,106,086.73
71 $ 194,233,087.34 $2,649,266.21 $ 1,534,441.39 -$ 1,114,824.82
72 $ 193,118,262.53 $2,649,266.21 $ 1,525,634.27 -$ 1,123,631.93
73 $ 191,994,630.59 $2,649,266.21 $ 1,516,757.58 -$ 1,132,508.62
74 $ 190,862,121.97 $2,649,266.21 $ 1,507,810.76 -$ 1,141,455.44
75 $ 189,720,666.53 $2,649,266.21 $ 1,498,793.27 -$ 1,150,472.94
76 $ 188,570,193.59 $2,649,266.21 $ 1,489,704.53 -$ 1,159,561.68
77 $ 187,410,631.91 $2,649,266.21 $ 1,480,543.99 -$ 1,168,722.21
78 $ 186,241,909.70 $2,649,266.21 $ 1,471,311.09 -$ 1,177,955.12
 79 $ 185,063,954.58 $2,649,266.21 $ 1,462,005.24 -$ 1,187,260.96
80 $ 183,876,693.62 $2,649,266.21 $ 1,452,625.88 -$ 1,196,640.33
81 $ 182,680,053.29 $2,649,266.21 $ 1,443,172.42 -$ 1,206,093.78
82 $ 181,473,959.51 $2,649,266.21 $ 1,433,644.28 -$ 1,215,621.93
83 $ 180,258,337.58 $2,649,266.21 $ 1,424,040.87 -$ 1,225,225.34
84 $ 179,033,112.24 $2,649,266.21 $ 1,414,361.59 -$ 1,234,904.62
85 $ 177,798,207.62 $2,649,266.21 $ 1,404,605.84 -$ 1,244,660.37
86 $ 176,553,547.26 $2,649,266.21 $ 1,394,773.02 -$ 1,254,493.18
87 $ 175,299,054.08 $2,649,266.21 $ 1,384,862.53 -$ 1,264,403.68
88 $ 174,034,650.40 $2,649,266.21 $ 1,374,873.74 -$ 1,274,392.47
89 $ 172,760,257.93 $2,649,266.21 $ 1,364,806.04 -$ 1,284,460.17
90 $ 171,475,797.76 $2,649,266.21 $ 1,354,658.80 -$ 1,294,607.40
91 $ 170,181,190.36 $2,649,266.21 $ 1,344,431.40 -$ 1,304,834.80
92 $ 168,876,355.56 $2,649,266.21 $ 1,334,123.21 -$ 1,315,143.00
93 $ 167,561,212.56 $2,649,266.21 $ 1,323,733.58 -$ 1,325,532.63
94 $ 166,235,679.93 $2,649,266.21 $ 1,313,261.87 -$ 1,336,004.33
95 $ 164,899,675.60 $2,649,266.21 $ 1,302,707.44 -$ 1,346,558.77
96 $ 163,553,116.83 $2,649,266.21 $ 1,292,069.62 -$ 1,357,196.58
97 $ 162,195,920.25 $2,649,266.21 $ 1,281,347.77 -$ 1,367,918.44
98 $ 160,828,001.81 $2,649,266.21 $ 1,270,541.21 -$ 1,378,724.99
99 $ 159,449,276.82 $2,649,266.21 $ 1,259,649.29 -$ 1,389,616.92
100 $ 158,059,659.90 $2,649,266.21 $ 1,248,671.31 -$ 1,400,594.89
101 $ 156,659,065.01 $2,649,266.21 $ 1,237,606.61 -$ 1,411,659.59
102 $ 155,247,405.42 $2,649,266.21 $ 1,226,454.50 -$ 1,422,811.70
103 $ 153,824,593.72 $2,649,266.21 $ 1,215,214.29 -$ 1,434,051.92
104 $ 152,390,541.80 $2,649,266.21 $ 1,203,885.28 -$ 1,445,380.93
105 $ 150,945,160.88 $2,649,266.21 $ 1,192,466.77 -$ 1,456,799.43
106 $ 149,488,361.44 $2,649,266.21 $ 1,180,958.06 -$ 1,468,308.15
107 $ 148,020,053.29 $2,649,266.21 $ 1,169,358.42 -$ 1,479,907.78
108 $ 146,540,145.51 $2,649,266.21 $ 1,157,667.15 -$ 1,491,599.06
109 $ 145,048,546.45 $2,649,266.21 $ 1,145,883.52 -$ 1,503,382.69
110 $ 143,545,163.76 $2,649,266.21 $ 1,134,006.79 -$ 1,515,259.41
111 $ 142,029,904.35 $2,649,266.21 $ 1,122,036.24 -$ 1,527,229.96
112 $ 140,502,674.39 $2,649,266.21 $ 1,109,971.13 -$ 1,539,295.08
113 $ 138,963,379.31 $2,649,266.21 $ 1,097,810.70 -$ 1,551,455.51
114 $ 137,411,923.80 $2,649,266.21 $ 1,085,554.20 -$ 1,563,712.01
115 $ 135,848,211.80 $2,649,266.21 $ 1,073,200.87 -$ 1,576,065.33
116 $ 134,272,146.47 $2,649,266.21 $ 1,060,749.96 -$ 1,588,516.25
117 $ 132,683,630.22 $2,649,266.21 $ 1,048,200.68 -$ 1,601,065.53
118 $ 131,082,564.69 $2,649,266.21 $ 1,035,552.26 -$ 1,613,713.94
119 $ 129,468,850.75 $2,649,266.21 $ 1,022,803.92 -$ 1,626,462.28
120 $ 127,842,388.46 $2,649,266.21 $ 1,009,954.87 -$ 1,639,311.34
121 $ 126,203,077.12 $2,649,266.21 $ 997,004.31 -$ 1,652,261.90
122 $ 124,550,815.23 $2,649,266.21 $ 983,951.44 -$ 1,665,314.77
123 $ 122,885,500.46 $2,649,266.21 $ 970,795.45 -$ 1,678,470.75
124 $ 121,207,029.71 $2,649,266.21 $ 957,535.53 -$ 1,691,730.67
125 $ 119,515,299.04 $2,649,266.21 $ 944,170.86 -$ 1,705,095.34
126 $ 117,810,203.70 $2,649,266.21 $ 930,700.61 -$ 1,718,565.60
127 $ 116,091,638.10 $2,649,266.21 $ 917,123.94 -$ 1,732,142.26
128 $ 114,359,495.84 $2,649,266.21 $ 903,440.02 -$ 1,745,826.19
129 $ 112,613,669.65 $2,649,266.21 $ 889,647.99 -$ 1,759,618.22
130 $ 110,854,051.43 $2,649,266.21 $ 875,747.01 -$ 1,773,519.20
131 $ 109,080,532.23 $2,649,266.21 $ 861,736.20 -$ 1,787,530.00
132 $ 107,293,002.23 $2,649,266.21 $ 847,614.72 -$ 1,801,651.49
133 $ 105,491,350.75 $2,649,266.21 $ 833,381.67 -$ 1,815,884.53
134 $ 103,675,466.21 $2,649,266.21 $ 819,036.18 -$ 1,830,230.02
135 $ 101,845,236.19 $2,649,266.21 $ 804,577.37 -$ 1,844,688.84
136 $ 100,000,547.35 $2,649,266.21 $ 790,004.32 -$ 1,859,261.88
137 $ 98,141,285.47 $2,649,266.21 $ 775,316.16 -$ 1,873,950.05
138 $ 96,267,335.42 $2,649,266.21 $ 760,511.95 -$ 1,888,754.26
139 $ 94,378,581.16 $2,649,266.21 $ 745,590.79 -$ 1,903,675.41
140 $ 92,474,905.75 $2,649,266.21 $ 730,551.76 -$ 1,918,714.45
141 $ 90,556,191.30 $2,649,266.21 $ 715,393.91 -$ 1,933,872.29
142 $ 88,622,319.00 $2,649,266.21 $ 700,116.32 -$ 1,949,149.89
143 $ 86,673,169.12 $2,649,266.21 $ 684,718.04 -$ 1,964,548.17
144 $ 84,708,620.95 $2,649,266.21 $ 669,198.11 -$ 1,980,068.10
145 $ 82,728,552.85 $2,649,266.21 $ 653,555.57 -$ 1,995,710.64
146 $ 80,732,842.21 $2,649,266.21 $ 637,789.45 -$ 2,011,476.75
147 $ 78,721,365.46 $2,649,266.21 $ 621,898.79 -$ 2,027,367.42
148 $ 76,693,998.04 $2,649,266.21 $ 605,882.58 -$ 2,043,383.62
149 $ 74,650,614.42 $2,649,266.21 $ 589,739.85 -$ 2,059,526.35
150 $ 72,591,088.07 $2,649,266.21 $ 573,469.60 -$ 2,075,796.61
151 $ 70,515,291.46 $2,649,266.21 $ 557,070.80 -$ 2,092,195.40
152 $ 68,423,096.05 $2,649,266.21 $ 540,542.46 -$ 2,108,723.75
153 $ 66,314,372.31 $2,649,266.21 $ 523,883.54 -$ 2,125,382.66
154 $ 64,188,989.64 $2,649,266.21 $ 507,093.02 -$ 2,142,173.19
155 $ 62,046,816.46 $2,649,266.21 $ 490,169.85 -$ 2,159,096.36
156 $ 59,887,720.10 $2,649,266.21 $ 473,112.99 -$ 2,176,153.22
157 $ 57,711,566.88 $2,649,266.21 $ 455,921.38 -$ 2,193,344.83
158 $ 55,518,222.06 $2,649,266.21 $ 438,593.95 -$ 2,210,672.25
159 $ 53,307,549.81 $2,649,266.21 $ 421,129.64 -$ 2,228,136.56
160 $ 51,079,413.24 $2,649,266.21 $ 403,527.36 -$ 2,245,738.84
161 $ 48,833,674.40 $2,649,266.21 $ 385,786.03 -$ 2,263,480.18
162 $ 46,570,194.23 $2,649,266.21 $ 367,904.53 -$ 2,281,361.67
163 $ 44,288,832.55 $2,649,266.21 $ 349,881.78 -$ 2,299,384.43
164 $ 41,989,448.13 $2,649,266.21 $ 331,716.64 -$ 2,317,549.57
165 $ 39,671,898.56 $2,649,266.21 $ 313,408.00 -$ 2,335,858.21
166 $ 37,336,040.35 $2,649,266.21 $ 294,954.72 -$ 2,354,311.49
167 $ 34,981,728.87 $2,649,266.21 $ 276,355.66 -$ 2,372,910.55
168 $ 32,608,818.32 $2,649,266.21 $ 257,609.66 -$ 2,391,656.54
169 $ 30,217,161.78 $2,649,266.21 $ 238,715.58 -$ 2,410,550.63
170 $ 27,806,611.15 $2,649,266.21 $ 219,672.23 -$ 2,429,593.98
171 $ 25,377,017.17 $2,649,266.21 $ 200,478.44 -$ 2,448,787.77
172 $ 22,928,229.40 $2,649,266.21 $ 181,133.01 -$ 2,468,133.19
173 $ 20,460,096.21 $2,649,266.21 $ 161,634.76 -$ 2,487,631.45
174 $ 17,972,464.77 $2,649,266.21 $ 141,982.47 -$ 2,507,283.73
175 $ 15,465,181.03 $2,649,266.21 $ 122,174.93 -$ 2,527,091.28
176 $ 12,938,089.76 $2,649,266.21 $ 102,210.91 -$ 2,547,055.30
177 $ 10,391,034.46 $2,649,266.21 $ 82,089.17 -$ 2,567,177.03
178 $ 7,823,857.43 $2,649,266.21 $ 61,808.47 -$ 2,587,457.73
179 $ 5,236,399.70 $2,649,266.21 $ 41,367.56 -$ 2,607,898.65
180 $ 2,628,501.05 $2,649,266.21 $ 20,765.16 -$ 2,628,501.05
 SALDO FINAL

$ 253,357,333.79
$ 252,709,590.53
$ 252,056,730.09
$ 251,398,712.05
$ 250,735,495.67
$ 250,067,039.88
$ 249,393,303.29
$ 248,714,244.18
$ 248,029,820.50
$ 247,339,989.88
$ 246,644,709.59
$ 245,943,936.59
$ 245,237,627.49
$ 244,525,738.54
$ 243,808,225.67
$ 243,085,044.44
$ 242,356,150.09
$ 241,621,497.47
$ 240,881,041.09
$ 240,134,735.11
$ 239,382,533.32
$ 238,624,389.12
$ 237,860,255.59
$ 237,090,085.41
$ 236,313,830.88
$ 235,531,443.93
$ 234,742,876.14
$ 233,948,078.65
$ 233,147,002.27
$ 232,339,597.38
$ 231,525,813.99
$ 230,705,601.72
$ 229,878,909.77
$ 229,045,686.95
$ 228,205,881.67
$ 227,359,441.93
$ 226,506,315.32
$ 225,646,449.00
$ 224,779,789.74
$ 223,906,283.88
$ 223,025,877.31
$ 222,138,515.54
$ 221,244,143.61
$ 220,342,706.13
$ 219,434,147.31
$ 218,518,410.87
$ 217,595,440.11
$ 216,665,177.88
$ 215,727,566.58
$ 214,782,548.15
$ 213,830,064.07
$ 212,870,055.37
$ 211,902,462.61
$ 210,927,225.85
$ 209,944,284.73
$ 208,953,578.38
$ 207,955,045.44
$ 206,948,624.09
$ 205,934,252.02
$ 204,911,866.40
$ 203,881,403.94
$ 202,842,800.83
$ 201,795,992.75
$ 200,740,914.89
$ 199,677,501.91
$ 198,605,687.97
$ 197,525,406.70
$ 196,436,591.21
$ 195,339,174.07
$ 194,233,087.34
$ 193,118,262.53
$ 191,994,630.59
$ 190,862,121.97
$ 189,720,666.53
$ 188,570,193.59
$ 187,410,631.91
$ 186,241,909.70
$ 185,063,954.58
$ 183,876,693.62
$ 182,680,053.29
$ 181,473,959.51
$ 180,258,337.58
$ 179,033,112.24
$ 177,798,207.62
$ 176,553,547.26
$ 175,299,054.08
$ 174,034,650.40
$ 172,760,257.93
$ 171,475,797.76
$ 170,181,190.36
$ 168,876,355.56
$ 167,561,212.56
$ 166,235,679.93
$ 164,899,675.60
$ 163,553,116.83
$ 162,195,920.25
$ 160,828,001.81
$ 159,449,276.82
$ 158,059,659.90
$ 156,659,065.01
$ 155,247,405.42
$ 153,824,593.72
$ 152,390,541.80
$ 150,945,160.88
$ 149,488,361.44
$ 148,020,053.29
$ 146,540,145.51
$ 145,048,546.45
$ 143,545,163.76
$ 142,029,904.35
$ 140,502,674.39
$ 138,963,379.31
$ 137,411,923.80
$ 135,848,211.80
$ 134,272,146.47
$ 132,683,630.22
$ 131,082,564.69
$ 129,468,850.75
$ 127,842,388.46
$ 126,203,077.12
$ 124,550,815.23
$ 122,885,500.46
$ 121,207,029.71
$ 119,515,299.04
$ 117,810,203.70
$ 116,091,638.10
$ 114,359,495.84
$ 112,613,669.65
$ 110,854,051.43
$ 109,080,532.23
$ 107,293,002.23
$ 105,491,350.75
$ 103,675,466.21
$ 101,845,236.19
$ 100,000,547.35
$ 98,141,285.47
$ 96,267,335.42
$ 94,378,581.16
$ 92,474,905.75
$ 90,556,191.30
$ 88,622,319.00
$ 86,673,169.12
$ 84,708,620.95
$ 82,728,552.85
$ 80,732,842.21
$ 78,721,365.46
$ 76,693,998.04
$ 74,650,614.42
$ 72,591,088.07
$ 70,515,291.46
$ 68,423,096.05
$ 66,314,372.31
$ 64,188,989.64
$ 62,046,816.46
$ 59,887,720.10
$ 57,711,566.88
$ 55,518,222.06
$ 53,307,549.81
$ 51,079,413.24
$ 48,833,674.40
$ 46,570,194.23
$ 44,288,832.55
$ 41,989,448.13
$ 39,671,898.56
$ 37,336,040.35
$ 34,981,728.87
$ 32,608,818.32
$ 30,217,161.78
 $ 27,806,611.15
$ 25,377,017.17
$ 22,928,229.40
$ 20,460,096.21
$ 17,972,464.77
$ 15,465,181.03
$ 12,938,089.76
$ 10,391,034.46
$ 7,823,857.43
$ 5,236,399.70
$ 2,628,501.05
-$ 0.00
 VARIABLES
VA -$ 254,000,000
i 0.77%
n 180

PAGO $2,612,626.74

AMORTIZACION A
N.CUOTA VR. INICIAL CUOTA INTERESES
CAPITAL
1 $ 254,000,000 $2,612,626.74 $ 1,955,800.00 -$656,826.74
2 $ 253,343,173 $2,612,626.74 $ 1,950,742.43 -$661,884.31
3 $ 252,681,289 $2,612,626.74 $ 1,945,645.92 -$666,980.82
4 $ 252,014,308 $2,612,626.74 $ 1,940,510.17 -$672,116.57
5 $ 251,342,192 $2,612,626.74 $ 1,935,334.88 -$677,291.87
6 $ 250,664,900 $2,612,626.74 $ 1,930,119.73 -$682,507.02
7 $ 249,982,393 $2,612,626.74 $ 1,924,864.42 -$687,762.32
8 $ 249,294,630 $2,612,626.74 $ 1,919,568.65 -$693,058.09
9 $ 248,601,572 $2,612,626.74 $ 1,914,232.11 -$698,394.64
10 $ 247,903,178 $2,612,626.74 $ 1,908,854.47 -$703,772.28
11 $ 247,199,405 $2,612,626.74 $ 1,903,435.42 -$709,191.32
12 $ 246,490,214 $2,612,626.74 $ 1,897,974.65 -$714,652.09
13 $ 245,775,562 $2,612,626.74 $ 1,892,471.83 -$720,154.92
14 $ 245,055,407 $2,612,626.74 $ 1,886,926.63 -$725,700.11
15 $ 244,329,707 $2,612,626.74 $ 1,881,338.74 -$731,288.00
16 $ 243,598,419 $2,612,626.74 $ 1,875,707.83 -$736,918.92
17 $ 242,861,500 $2,612,626.74 $ 1,870,033.55 -$742,593.19
18 $ 242,118,907 $2,612,626.74 $ 1,864,315.58 -$748,311.16
19 $ 241,370,596 $2,612,626.74 $ 1,858,553.59 -$754,073.16
20 $ 240,616,522 $2,612,626.74 $ 1,852,747.22 -$759,879.52
21 $ 239,856,643 $2,612,626.74 $ 1,846,896.15 -$765,730.59
22 $ 239,090,912 $2,612,626.74 $ 1,841,000.03 -$771,626.72
23 $ 238,319,286 $2,612,626.74 $ 1,835,058.50 -$777,568.24
24 $ 237,541,717 $2,612,626.74 $ 1,829,071.22 -$783,555.52
25 $ 236,758,162 $2,612,626.74 $ 1,823,037.85 -$789,588.90
26 $ 235,968,573 $2,612,626.74 $ 1,816,958.01 -$795,668.73
27 $ 235,172,904 $2,612,626.74 $ 1,810,831.36 -$801,795.38
28 $ 234,371,109 $2,612,626.74 $ 1,804,657.54 -$807,969.20
29 $ 233,563,140 $2,612,626.74 $ 1,798,436.18 -$814,190.57
30 $ 232,748,949 $2,612,626.74 $ 1,792,166.91 -$820,459.83
31 $ 231,928,489 $2,612,626.74 $ 1,785,849.37 -$826,777.38
32 $ 231,101,712 $2,612,626.74 $ 1,779,483.18 -$833,143.56
33 $ 230,268,568 $2,612,626.74 $ 1,773,067.98 -$839,558.77
34 $ 229,429,010 $2,612,626.74 $ 1,766,603.37 -$846,023.37
35 $ 228,582,986 $2,612,626.74 $ 1,760,088.99 -$852,537.75
36 $ 227,730,448 $2,612,626.74 $ 1,753,524.45 -$859,102.29
37 $ 226,871,346 $2,612,626.74 $ 1,746,909.37 -$865,717.38
38 $ 226,005,629 $2,612,626.74 $ 1,740,243.34 -$872,383.40
39 $ 225,133,245 $2,612,626.74 $ 1,733,525.99 -$879,100.75
40 $ 224,254,145 $2,612,626.74 $ 1,726,756.91 -$885,869.83
41 $ 223,368,275 $2,612,626.74 $ 1,719,935.72 -$892,691.03
42 $ 222,475,584 $2,612,626.74 $ 1,713,062.00 -$899,564.75
43 $ 221,576,019 $2,612,626.74 $ 1,706,135.35 -$906,491.40
44 $ 220,669,528 $2,612,626.74 $ 1,699,155.36 -$913,471.38
45 $ 219,756,056 $2,612,626.74 $ 1,692,121.63 -$920,505.11
46 $ 218,835,551 $2,612,626.74 $ 1,685,033.74 -$927,593.00
47 $ 217,907,958 $2,612,626.74 $ 1,677,891.28 -$934,735.47
48 $ 216,973,223 $2,612,626.74 $ 1,670,693.81 -$941,932.93
49 $ 216,031,290 $2,612,626.74 $ 1,663,440.93 -$949,185.81
50 $ 215,082,104 $2,612,626.74 $ 1,656,132.20 -$956,494.54
51 $ 214,125,609 $2,612,626.74 $ 1,648,767.19 -$963,859.55
52 $ 213,161,750 $2,612,626.74 $ 1,641,345.47 -$971,281.27
53 $ 212,190,469 $2,612,626.74 $ 1,633,866.61 -$978,760.13
54 $ 211,211,708 $2,612,626.74 $ 1,626,330.16 -$986,296.59
55 $ 210,225,412 $2,612,626.74 $ 1,618,735.67 -$993,891.07
56 $ 209,231,521 $2,612,626.74 $ 1,611,082.71 -$1,001,544.03
57 $ 208,229,977 $2,612,626.74 $ 1,603,370.82 -$1,009,255.92
58 $ 207,220,721 $2,612,626.74 $ 1,595,599.55 -$1,017,027.19
59 $ 206,203,694 $2,612,626.74 $ 1,587,768.44 -$1,024,858.30
60 $ 205,178,835 $2,612,626.74 $ 1,579,877.03 -$1,032,749.71
61 $ 204,146,086 $2,612,626.74 $ 1,571,924.86 -$1,040,701.88
62 $ 203,105,384 $2,612,626.74 $ 1,563,911.45 -$1,048,715.29
63 $ 202,056,668 $2,612,626.74 $ 1,555,836.35 -$1,056,790.40
64 $ 200,999,878 $2,612,626.74 $ 1,547,699.06 -$1,064,927.68
65 $ 199,934,950 $2,612,626.74 $ 1,539,499.12 -$1,073,127.63
66 $ 198,861,823 $2,612,626.74 $ 1,531,236.04 -$1,081,390.71
67 $ 197,780,432 $2,612,626.74 $ 1,522,909.33 -$1,089,717.42
68 $ 196,690,715 $2,612,626.74 $ 1,514,518.50 -$1,098,108.24
69 $ 195,592,606 $2,612,626.74 $ 1,506,063.07 -$1,106,563.67
70 $ 194,486,043 $2,612,626.74 $ 1,497,542.53 -$1,115,084.21
71 $ 193,370,958 $2,612,626.74 $ 1,488,956.38 -$1,123,670.36
72 $ 192,247,288 $2,612,626.74 $ 1,480,304.12 -$1,132,322.62
73 $ 191,114,966 $2,612,626.74 $ 1,471,585.23 -$1,141,041.51
74 $ 189,973,924 $2,612,626.74 $ 1,462,799.21 -$1,149,827.53
75 $ 188,824,096 $2,612,626.74 $ 1,453,945.54 -$1,158,681.20
76 $ 187,665,415 $2,612,626.74 $ 1,445,023.70 -$1,167,603.05
77 $ 186,497,812 $2,612,626.74 $ 1,436,033.15 -$1,176,593.59
78 $ 185,321,219 $2,612,626.74 $ 1,426,973.38 -$1,185,653.36
 79 $ 184,135,565 $2,612,626.74 $ 1,417,843.85 -$1,194,782.89
80 $ 182,940,782 $2,612,626.74 $ 1,408,644.02 -$1,203,982.72
81 $ 181,736,800 $2,612,626.74 $ 1,399,373.36 -$1,213,253.39
82 $ 180,523,546 $2,612,626.74 $ 1,390,031.31 -$1,222,595.44
83 $ 179,300,951 $2,612,626.74 $ 1,380,617.32 -$1,232,009.42
84 $ 178,068,941 $2,612,626.74 $ 1,371,130.85 -$1,241,495.89
85 $ 176,827,446 $2,612,626.74 $ 1,361,571.33 -$1,251,055.41
86 $ 175,576,390 $2,612,626.74 $ 1,351,938.20 -$1,260,688.54
87 $ 174,315,702 $2,612,626.74 $ 1,342,230.90 -$1,270,395.84
88 $ 173,045,306 $2,612,626.74 $ 1,332,448.85 -$1,280,177.89
89 $ 171,765,128 $2,612,626.74 $ 1,322,591.48 -$1,290,035.26
90 $ 170,475,093 $2,612,626.74 $ 1,312,658.21 -$1,299,968.53
91 $ 169,175,124 $2,612,626.74 $ 1,302,648.46 -$1,309,978.29
92 $ 167,865,146 $2,612,626.74 $ 1,292,561.62 -$1,320,065.12
93 $ 166,545,081 $2,612,626.74 $ 1,282,397.12 -$1,330,229.62
94 $ 165,214,851 $2,612,626.74 $ 1,272,154.35 -$1,340,472.39
95 $ 163,874,379 $2,612,626.74 $ 1,261,832.72 -$1,350,794.03
96 $ 162,523,585 $2,612,626.74 $ 1,251,431.60 -$1,361,195.14
97 $ 161,162,389 $2,612,626.74 $ 1,240,950.40 -$1,371,676.34
98 $ 159,790,713 $2,612,626.74 $ 1,230,388.49 -$1,382,238.25
99 $ 158,408,475 $2,612,626.74 $ 1,219,745.26 -$1,392,881.49
100 $ 157,015,593 $2,612,626.74 $ 1,209,020.07 -$1,403,606.67
101 $ 155,611,987 $2,612,626.74 $ 1,198,212.30 -$1,414,414.45
102 $ 154,197,572 $2,612,626.74 $ 1,187,321.31 -$1,425,305.44
103 $ 152,772,267 $2,612,626.74 $ 1,176,346.45 -$1,436,280.29
104 $ 151,335,987 $2,612,626.74 $ 1,165,287.10 -$1,447,339.65
105 $ 149,888,647 $2,612,626.74 $ 1,154,142.58 -$1,458,484.16
106 $ 148,430,163 $2,612,626.74 $ 1,142,912.25 -$1,469,714.49
107 $ 146,960,448 $2,612,626.74 $ 1,131,595.45 -$1,481,031.29
108 $ 145,479,417 $2,612,626.74 $ 1,120,191.51 -$1,492,435.23
109 $ 143,986,982 $2,612,626.74 $ 1,108,699.76 -$1,503,926.98
110 $ 142,483,055 $2,612,626.74 $ 1,097,119.52 -$1,515,507.22
111 $ 140,967,548 $2,612,626.74 $ 1,085,450.12 -$1,527,176.63
112 $ 139,440,371 $2,612,626.74 $ 1,073,690.86 -$1,538,935.89
113 $ 137,901,435 $2,612,626.74 $ 1,061,841.05 -$1,550,785.69
114 $ 136,350,649 $2,612,626.74 $ 1,049,900.00 -$1,562,726.74
115 $ 134,787,923 $2,612,626.74 $ 1,037,867.00 -$1,574,759.74
116 $ 133,213,163 $2,612,626.74 $ 1,025,741.35 -$1,586,885.39
117 $ 131,626,277 $2,612,626.74 $ 1,013,522.34 -$1,599,104.41
118 $ 130,027,173 $2,612,626.74 $ 1,001,209.23 -$1,611,417.51
119 $ 128,415,756 $2,612,626.74 $ 988,801.32 -$1,623,825.43
120 $ 126,791,930 $2,612,626.74 $ 976,297.86 -$1,636,328.88
121 $ 125,155,601 $2,612,626.74 $ 963,698.13 -$1,648,928.61
122 $ 123,506,673 $2,612,626.74 $ 951,001.38 -$1,661,625.36
123 $ 121,845,047 $2,612,626.74 $ 938,206.86 -$1,674,419.88
124 $ 120,170,627 $2,612,626.74 $ 925,313.83 -$1,687,312.91
125 $ 118,483,314 $2,612,626.74 $ 912,321.52 -$1,700,305.22
126 $ 116,783,009 $2,612,626.74 $ 899,229.17 -$1,713,397.57
127 $ 115,069,612 $2,612,626.74 $ 886,036.01 -$1,726,590.73
128 $ 113,343,021 $2,612,626.74 $ 872,741.26 -$1,739,885.48
129 $ 111,603,135 $2,612,626.74 $ 859,344.14 -$1,753,282.60
130 $ 109,849,853 $2,612,626.74 $ 845,843.87 -$1,766,782.88
131 $ 108,083,070 $2,612,626.74 $ 832,239.64 -$1,780,387.10
132 $ 106,302,683 $2,612,626.74 $ 818,530.66 -$1,794,096.08
133 $ 104,508,587 $2,612,626.74 $ 804,716.12 -$1,807,910.62
134 $ 102,700,676 $2,612,626.74 $ 790,795.21 -$1,821,831.54
135 $ 100,878,845 $2,612,626.74 $ 776,767.10 -$1,835,859.64
136 $ 99,042,985 $2,612,626.74 $ 762,630.98 -$1,849,995.76
137 $ 97,192,989 $2,612,626.74 $ 748,386.02 -$1,864,240.73
138 $ 95,328,748 $2,612,626.74 $ 734,031.36 -$1,878,595.38
139 $ 93,450,153 $2,612,626.74 $ 719,566.18 -$1,893,060.56
140 $ 91,557,093 $2,612,626.74 $ 704,989.61 -$1,907,637.13
141 $ 89,649,455 $2,612,626.74 $ 690,300.81 -$1,922,325.94
142 $ 87,727,129 $2,612,626.74 $ 675,498.90 -$1,937,127.85
143 $ 85,790,002 $2,612,626.74 $ 660,583.01 -$1,952,043.73
144 $ 83,837,958 $2,612,626.74 $ 645,552.28 -$1,967,074.47
145 $ 81,870,883 $2,612,626.74 $ 630,405.80 -$1,982,220.94
146 $ 79,888,662 $2,612,626.74 $ 615,142.70 -$1,997,484.04
147 $ 77,891,178 $2,612,626.74 $ 599,762.07 -$2,012,864.67
148 $ 75,878,314 $2,612,626.74 $ 584,263.02 -$2,028,363.73
149 $ 73,849,950 $2,612,626.74 $ 568,644.62 -$2,043,982.13
150 $ 71,805,968 $2,612,626.74 $ 552,905.95 -$2,059,720.79
151 $ 69,746,247 $2,612,626.74 $ 537,046.10 -$2,075,580.64
152 $ 67,670,666 $2,612,626.74 $ 521,064.13 -$2,091,562.61
153 $ 65,579,104 $2,612,626.74 $ 504,959.10 -$2,107,667.64
154 $ 63,471,436 $2,612,626.74 $ 488,730.06 -$2,123,896.68
155 $ 61,347,540 $2,612,626.74 $ 472,376.05 -$2,140,250.69
156 $ 59,207,289 $2,612,626.74 $ 455,896.12 -$2,156,730.62
157 $ 57,050,558 $2,612,626.74 $ 439,289.30 -$2,173,337.44
158 $ 54,877,221 $2,612,626.74 $ 422,554.60 -$2,190,072.14
159 $ 52,687,149 $2,612,626.74 $ 405,691.04 -$2,206,935.70
160 $ 50,480,213 $2,612,626.74 $ 388,697.64 -$2,223,929.10
161 $ 48,256,284 $2,612,626.74 $ 371,573.39 -$2,241,053.36
162 $ 46,015,231 $2,612,626.74 $ 354,317.27 -$2,258,309.47
163 $ 43,756,921 $2,612,626.74 $ 336,928.29 -$2,275,698.45
164 $ 41,481,223 $2,612,626.74 $ 319,405.41 -$2,293,221.33
165 $ 39,188,001 $2,612,626.74 $ 301,747.61 -$2,310,879.13
166 $ 36,877,122 $2,612,626.74 $ 283,953.84 -$2,328,672.90
167 $ 34,548,449 $2,612,626.74 $ 266,023.06 -$2,346,603.68
168 $ 32,201,846 $2,612,626.74 $ 247,954.21 -$2,364,672.53
169 $ 29,837,173 $2,612,626.74 $ 229,746.23 -$2,382,880.51
170 $ 27,454,292 $2,612,626.74 $ 211,398.05 -$2,401,228.69
171 $ 25,053,064 $2,612,626.74 $ 192,908.59 -$2,419,718.15
172 $ 22,633,346 $2,612,626.74 $ 174,276.76 -$2,438,349.98
173 $ 20,194,996 $2,612,626.74 $ 155,501.47 -$2,457,125.28
174 $ 17,737,870 $2,612,626.74 $ 136,581.60 -$2,476,045.14
175 $ 15,261,825 $2,612,626.74 $ 117,516.05 -$2,495,110.69
176 $ 12,766,715 $2,612,626.74 $ 98,303.70 -$2,514,323.04
177 $ 10,252,392 $2,612,626.74 $ 78,943.41 -$2,533,683.33
178 $ 7,718,708 $2,612,626.74 $ 59,434.05 -$2,553,192.69
179 $ 5,165,516 $2,612,626.74 $ 39,774.47 -$2,572,852.27
180 $ 2,592,663 $2,612,626.74 $ 19,963.51 -$2,592,663.24
 SALDO FINAL

$ 253,343,173.26
$ 252,681,288.95
$ 252,014,308.13
$ 251,342,191.56
$ 250,664,899.69
$ 249,982,392.68
$ 249,294,630.36
$ 248,601,572.27
$ 247,903,177.63
$ 247,199,405.36
$ 246,490,214.03
$ 245,775,561.94
$ 245,055,407.02
$ 244,329,706.91
$ 243,598,418.91
$ 242,861,500.00
$ 242,118,906.80
$ 241,370,595.64
$ 240,616,522.49
$ 239,856,642.97
$ 239,090,912.38
$ 238,319,285.66
$ 237,541,717.41
$ 236,758,161.90
$ 235,968,573.00
$ 235,172,904.27
$ 234,371,108.89
$ 233,563,139.68
$ 232,748,949.12
$ 231,928,489.28
$ 231,101,711.91
$ 230,268,568.34
$ 229,429,009.58
$ 228,582,986.21
$ 227,730,448.46
$ 226,871,346.17
$ 226,005,628.79
$ 225,133,245.39
$ 224,254,144.64
$ 223,368,274.81
$ 222,475,583.78
$ 221,576,019.03
$ 220,669,527.64
$ 219,756,056.26
$ 218,835,551.15
$ 217,907,958.15
$ 216,973,222.68
$ 216,031,289.75
$ 215,082,103.94
$ 214,125,609.40
$ 213,161,749.85
$ 212,190,468.58
$ 211,211,708.44
$ 210,225,411.86
$ 209,231,520.78
$ 208,229,976.75
$ 207,220,720.83
$ 206,203,693.64
$ 205,178,835.34
$ 204,146,085.62
$ 203,105,383.74
$ 202,056,668.45
$ 200,999,878.06
$ 199,934,950.37
$ 198,861,822.75
$ 197,780,432.04
$ 196,690,714.63
$ 195,592,606.39
$ 194,486,042.71
$ 193,370,958.50
$ 192,247,288.13
$ 191,114,965.51
$ 189,973,924.00
$ 188,824,096.47
$ 187,665,415.27
$ 186,497,812.23
$ 185,321,218.64
$ 184,135,565.28
$ 182,940,782.39
$ 181,736,799.67
$ 180,523,546.29
$ 179,300,950.85
$ 178,068,941.43
$ 176,827,445.53
$ 175,576,390.12
$ 174,315,701.58
$ 173,045,305.74
$ 171,765,127.85
$ 170,475,092.59
$ 169,175,124.06
$ 167,865,145.78
$ 166,545,080.66
$ 165,214,851.03
$ 163,874,378.64
$ 162,523,584.62
$ 161,162,389.47
$ 159,790,713.13
$ 158,408,474.88
$ 157,015,593.39
$ 155,611,986.72
$ 154,197,572.27
$ 152,772,266.84
$ 151,335,986.55
$ 149,888,646.90
$ 148,430,162.74
$ 146,960,448.25
$ 145,479,416.96
$ 143,986,981.73
$ 142,483,054.74
$ 140,967,547.52
$ 139,440,370.89
$ 137,901,435.01
$ 136,350,649.31
$ 134,787,922.57
$ 133,213,162.83
$ 131,626,277.44
$ 130,027,173.04
$ 128,415,755.52
$ 126,791,930.10
$ 125,155,601.22
$ 123,506,672.60
$ 121,845,047.24
$ 120,170,627.36
$ 118,483,314.45
$ 116,783,009.23
$ 115,069,611.66
$ 113,343,020.92
$ 111,603,135.44
$ 109,849,852.84
$ 108,083,069.96
$ 106,302,682.86
$ 104,508,586.77
$ 102,700,676.15
$ 100,878,844.61
$ 99,042,984.97
$ 97,192,989.22
$ 95,328,748.49
$ 93,450,153.11
$ 91,557,092.55
$ 89,649,455.42
$ 87,727,129.48
$ 85,790,001.63
$ 83,837,957.90
$ 81,870,883.44
$ 79,888,662.49
$ 77,891,178.45
$ 75,878,313.78
$ 73,849,950.06
$ 71,805,967.93
$ 69,746,247.14
$ 67,670,666.50
$ 65,579,103.89
$ 63,471,436.25
$ 61,347,539.56
$ 59,207,288.87
$ 57,050,558.25
$ 54,877,220.81
$ 52,687,148.67
$ 50,480,212.97
$ 48,256,283.87
$ 46,015,230.51
$ 43,756,921.04
$ 41,481,222.59
$ 39,188,001.26
$ 36,877,122.13
$ 34,548,449.23
$ 32,201,845.54
$ 29,837,173.01
 $ 27,454,292.50
$ 25,053,063.81
$ 22,633,345.66
$ 20,194,995.67
$ 17,737,870.40
$ 15,261,825.26
$ 12,766,714.57
$ 10,252,391.53
$ 7,718,708.20
$ 5,165,515.51
$ 2,592,663.24
-$ 0.00
 VARIABLES FINANCIERAS
VA $ 254,000,000
TASA DE IN 5.00%
PLAZO 15
PAGO -$24,470,941.05

AMORTIZACION A
AÑO VR. INICIAL CUOTA INTERESES CAPITAL
1 $ 254,000,000 -$31,715,862.41 $ 12,700,000.00 -$19,015,862.41
2 $ 234,984,137.59 -$31,715,862.41 $ 11,749,206.88 -$19,966,655.53
3 $ 215,017,482.06 -$31,715,862.41 $ 10,750,874.10 -$20,964,988.31
4 $ 194,052,493.75 -$31,715,862.41 $ 9,702,624.69 -$22,013,237.72
5 $ 172,039,256.03 -$31,715,862.41 $ 8,601,962.80 -$23,113,899.61
6 $ 148,925,356.42 -$31,715,862.41 $ 7,446,267.82 -$24,269,594.59
7 $ 124,655,761.83 -$31,715,862.41 $ 6,232,788.09 -$25,483,074.32
8 $ 99,172,687.51 -$31,715,862.41 $ 4,958,634.38 -$26,757,228.04
9 $ 72,415,459.47 -$31,715,862.41 $ 3,620,772.97 -$28,095,089.44
10 $ 44,320,370.03 -$31,715,862.41 $ 2,216,018.50 -$29,499,843.91
11 $ 14,820,526.12 -$31,715,862.41 $ 741,026.31 -$30,974,836.10
12 -$ 16,154,309.98 -$31,715,862.41 -$ 807,715.50 -$32,523,577.91
13 -$ 48,677,887.89 -$31,715,862.41 -$ 2,433,894.39 -$34,149,756.81
14 -$ 82,827,644.70 -$31,715,862.41 -$ 4,141,382.23 -$35,857,244.65
15 -$ 118,684,889.34 -$31,715,862.41 -$ 5,934,244.47 -$37,650,106.88
 SALDO FINAL

$ 234,984,137.59
$ 215,017,482.06
$ 194,052,493.75
$ 172,039,256.03
$ 148,925,356.42
$ 124,655,761.83
$ 99,172,687.51
$ 72,415,459.47
$ 44,320,370.03
$ 14,820,526.12
-$ 16,154,309.98
-$ 48,677,887.89
-$ 82,827,644.70
-$ 118,684,889.34
-$ 156,334,996.22
 VARIABLES FINANCIERAS
VA $ 254,000,000
I 9.11%
N 15
PAGO -$939,295,092.36

AÑO VR. INICIAL CUOTA INTERESES

1 $ 254,000,000 $0.00 $ 23,139,400.00

2 $ 277,139,400.00 $0.00 $ 25,247,399.34
3 $ 302,386,799.34 $0.00 $ 27,547,437.42
4 $ 329,934,236.76 $0.00 $ 30,057,008.97
5 $ 359,991,245.73 $0.00 $ 32,795,202.49
6 $ 392,786,448.21 $0.00 $ 35,782,845.43
7 $ 428,569,293.65 $0.00 $ 39,042,662.65
8 $ 467,611,956.30 $0.00 $ 42,599,449.22
9 $ 510,211,405.52 $0.00 $ 46,480,259.04
10 $ 556,691,664.56 $0.00 $ 50,714,610.64
11 $ 607,406,275.20 $0.00 $ 55,334,711.67
12 $ 662,740,986.87 $0.00 $ 60,375,703.90
13 $ 723,116,690.78 $0.00 $ 65,875,930.53
14 $ 788,992,621.31 $0.00 $ 71,877,227.80
15 $ 860,869,849.11 $0.00 $ 78,425,243.25
AMORTIZACION A
CAPITAL SALDO FINAL

$23,139,400.00 $ 277,139,400.00
$25,247,399.34 $ 302,386,799.34
$27,547,437.42 $ 329,934,236.76
$30,057,008.97 $ 359,991,245.73
$32,795,202.49 $ 392,786,448.21
$35,782,845.43 $ 428,569,293.65
$39,042,662.65 $ 467,611,956.30
$42,599,449.22 $ 510,211,405.52
$46,480,259.04 $ 556,691,664.56
$50,714,610.64 $ 607,406,275.20
$55,334,711.67 $ 662,740,986.87
$60,375,703.90 $ 723,116,690.78
$65,875,930.53 $ 788,992,621.31
$71,877,227.80 $ 860,869,849.11
$78,425,243.25 $ 939,295,092.36
 VARIABLES FINANCIERAS
VA $ 254,000,000
I 9.11%
N 15
PAGO -$939,295,092.36

CUOTAS
AÑO VR. INICIAL CUOTA EXTRAORDINARIAS
1 $ 254,000,000 -$34,215,862.41 $2,500,000.00
2 $ 245,423,537.59 -$34,215,862.41 $2,500,000.00
3 $ 236,065,759.45 -$34,215,862.41 $2,500,000.00
4 $ 225,855,487.73 -$34,215,862.41 $2,500,000.00
5 $ 214,715,060.25 -$34,215,862.41 $2,500,000.00
6 $ 202,559,739.83 -$34,215,862.41 $2,500,000.00
7 $ 189,297,069.71 -$34,215,862.41 $2,500,000.00
8 $ 174,826,170.35 -$34,215,862.41 $2,500,000.00
9 $ 159,036,972.06 -$34,215,862.41 $2,500,000.00
10 $ 141,809,377.81 -$34,215,862.41 $2,500,000.00
11 $ 123,012,349.71 -$34,215,862.41 $2,500,000.00
12 $ 102,502,912.36 -$34,215,862.41 $2,500,000.00
13 $ 80,125,065.27 -$34,215,862.41 $2,500,000.00
14 $ 55,708,596.30 -$34,215,862.41 $2,500,000.00
15 $ 29,067,787.01 -$34,215,862.41 $2,500,000.00
 AMORTIZACION A
INTERESES CAPITAL SALDO FINAL

$ 23,139,400.00 -$8,576,462.41 $ 245,423,537.59

$ 22,358,084.27 -$9,357,778.14 $ 236,065,759.45
$ 21,505,590.69 -$10,210,271.72 $ 225,855,487.73
$ 20,575,434.93 -$11,140,427.48 $ 214,715,060.25
$ 19,560,541.99 -$12,155,320.42 $ 202,559,739.83
$ 18,453,192.30 -$13,262,670.11 $ 189,297,069.71
$ 17,244,963.05 -$14,470,899.36 $ 174,826,170.35
$ 15,926,664.12 -$15,789,198.29 $ 159,036,972.06
$ 14,488,268.15 -$17,227,594.26 $ 141,809,377.81
$ 12,918,834.32 -$18,797,028.09 $ 123,012,349.71
$ 11,206,425.06 -$20,509,437.35 $ 102,502,912.36
$ 9,338,015.32 -$22,377,847.09 $ 80,125,065.27
$ 7,299,393.45 -$24,416,468.97 $ 55,708,596.30
$ 5,075,053.12 -$26,640,809.29 $ 29,067,787.01
$ 2,648,075.40 -$29,067,787.01 $ -
 VARIABLES FINANCIERAS
VA $ 254,000,000
I 9.11%
N 15
PAGO -$939,295,092.36

PERIODO DE GRACIA NO PAGO INTERES

AÑO VR. INICIAL CUOTA INTERESES

1 $ 254,000,000 -$29,067,787.01 $ -
2 $ 224,932,212.99 -$29,067,787.01 $ 20,491,324.60
3 $ 216,355,750.58 -$29,067,787.01 $ 19,710,008.88
4 $ 206,997,972.44 -$29,067,787.01 $ 18,857,515.29
5 $ 196,787,700.71 -$29,067,787.01 $ 17,927,359.54
6 $ 185,647,273.23 -$29,067,787.01 $ 16,912,466.59
7 $ 173,491,952.81 -$29,067,787.01 $ 15,805,116.90
8 $ 160,229,282.70 -$29,067,787.01 $ 14,596,887.65
9 $ 145,758,383.34 -$29,067,787.01 $ 13,278,588.72
10 $ 129,969,185.05 -$29,067,787.01 $ 11,840,192.76
11 $ 112,741,590.79 -$29,067,787.01 $ 10,270,758.92
12 $ 93,944,562.70 -$29,067,787.01 $ 8,558,349.66
13 $ 73,435,125.35 -$29,067,787.01 $ 6,689,939.92
14 $ 51,057,278.25 -$29,067,787.01 $ 4,651,318.05
15 $ 26,640,809.29 -$29,067,787.01 $ 2,426,977.73

NO AMORTIZACION A CAPITAL EL PRIMER AÑO

AÑO VR. INICIAL CUOTA INTERESES

1 $ 254,000,000 -$32,824,190.91 -$32,824,190.91

2 $ 254,000,000.00 -$32,824,190.91 $23,139,400.00
3 $ 244,315,209.09 -$32,824,190.91 $22,257,115.55
4 $ 233,748,133.72 -$32,824,190.91 $21,294,454.98
5 $ 222,218,397.79 -$32,824,190.91 $20,244,096.04
6 $ 209,638,302.92 -$32,824,190.91 $19,098,049.40
7 $ 195,912,161.40 -$32,824,190.91 $17,847,597.90
8 $ 180,935,568.39 -$32,824,190.91 $16,483,230.28
9 $ 164,594,607.76 -$32,824,190.91 $14,994,568.77
10 $ 146,764,985.61 -$32,824,190.91 $13,370,290.19
11 $ 127,311,084.89 -$32,824,190.91 $11,598,039.83
12 $ 106,084,933.81 -$32,824,190.91 $9,664,337.47
13 $ 82,925,080.36 -$32,824,190.91 $7,554,474.82
14 $ 57,655,364.27 -$32,824,190.91 $5,252,403.69
15 $ 30,083,577.04 -$32,824,190.91 $2,740,613.87
AMORTIZACION A
SALDO FINAL
CAPITAL
-$29,067,787.01 $ 224,932,212.99
-$8,576,462.41 $ 216,355,750.58
-$9,357,778.14 $ 206,997,972.44
-$10,210,271.72 $ 196,787,700.71
-$11,140,427.48 $ 185,647,273.23
-$12,155,320.42 $ 173,491,952.81
-$13,262,670.11 $ 160,229,282.70
-$14,470,899.36 $ 145,758,383.34
-$15,789,198.29 $ 129,969,185.05
-$17,227,594.26 $ 112,741,590.79
-$18,797,028.09 $ 93,944,562.70
-$20,509,437.35 $ 73,435,125.35
-$22,377,847.09 $ 51,057,278.25
-$24,416,468.97 $ 26,640,809.29
-$26,640,809.29 $ -

AMORTIZACION A
SALDO FINAL
CAPITAL
$0.00 $ 254,000,000.00
-$9,684,790.91 $ 244,315,209.09
-$10,567,075.37 $ 233,748,133.72
-$11,529,735.93 $ 222,218,397.79
-$12,580,094.87 $ 209,638,302.92
-$13,726,141.52 $ 195,912,161.40
-$14,976,593.01 $ 180,935,568.39
-$16,340,960.63 $ 164,594,607.76
-$17,829,622.15 $ 146,764,985.61
-$19,453,900.72 $ 127,311,084.89
-$21,226,151.08 $ 106,084,933.81
-$23,159,853.44 $ 82,925,080.36
-$25,269,716.09 $ 57,655,364.27
-$27,571,787.23 $ 30,083,577.04
-$30,083,577.04 $ -
 VARIABLES FINANCIERAS
VA $ 254,000,000
I 4.00%
N 15
PAGO -$457,439,650.40

AÑO VR. INICIAL CUOTA INTERESES

1 $ 254,000,000 -$27,093,333.33 $ 10,160,000.00

2 $ 237,066,666.67 -$27,093,333.33 $ 10,160,000.00
3 $ 220,133,333.33 -$27,093,333.33 $ 10,160,000.00
4 $ 203,200,000.00 -$27,093,333.33 $ 10,160,000.00
5 $ 186,266,666.67 -$27,093,333.33 $ 10,160,000.00
6 $ 169,333,333.33 -$27,093,333.33 $ 10,160,000.00
7 $ 152,400,000.00 -$27,093,333.33 $ 10,160,000.00
8 $ 135,466,666.67 -$27,093,333.33 $ 10,160,000.00
9 $ 118,533,333.33 -$27,093,333.33 $ 10,160,000.00
10 $ 101,600,000.00 -$27,093,333.33 $ 10,160,000.00
11 $ 84,666,666.67 -$27,093,333.33 $ 10,160,000.00
12 $ 67,733,333.33 -$27,093,333.33 $ 10,160,000.00
13 $ 50,800,000.00 -$27,093,333.33 $ 10,160,000.00
14 $ 33,866,666.67 -$27,093,333.33 $ 10,160,000.00
15 $ 16,933,333.33 -$27,093,333.33 $ 10,160,000.00
AMORTIZACION A
CAPITAL SALDO FINAL

-$16,933,333.33 $ 237,066,666.67
-$16,933,333.33 $ 220,133,333.33
-$16,933,333.33 $ 203,200,000.00
-$16,933,333.33 $ 186,266,666.67
-$16,933,333.33 $ 169,333,333.33
-$16,933,333.33 $ 152,400,000.00
-$16,933,333.33 $ 135,466,666.67
-$16,933,333.33 $ 118,533,333.33
-$16,933,333.33 $ 101,600,000.00
-$16,933,333.33 $ 84,666,666.67
-$16,933,333.33 $ 67,733,333.33
-$16,933,333.33 $ 50,800,000.00
-$16,933,333.33 $ 33,866,666.67
-$16,933,333.33 $ 16,933,333.33
-$16,933,333.33 -$ 0.00
 VARIABLES FINANCIERAS
VA $ 254,000,000
I 9.11%
N 15
J GRADIENTE 3%

N° CUOTA INTERESES

1 $ 26,817,631 $ 23,139,400.00
2 $ 27,622,159.69 $ 22,804,313.18
3 $ 28,450,824.48 $ 22,365,407.36
4 $ 29,304,349.21 $ 21,811,025.86
5 $ 30,183,479.69 $ 21,128,384.10
6 $ 31,088,984.08 $ 20,303,464.90
7 $ 32,021,653.60 $ 19,320,904.10
8 $ 32,982,303.21 $ 18,163,865.82
9 $ 33,971,772.31 $ 16,813,906.17
10 $ 34,990,925.48 $ 15,250,824.57
11 $ 36,040,653.24 $ 13,452,501.37
12 $ 37,121,872.84 $ 11,394,720.74
13 $ 38,235,529.02 $ 9,050,977.18
14 $ 39,382,594.89 $ 6,392,264.51
15 $ 40,564,072.74 $ 3,386,845.41
AMORTIZACION A
SALDO FINAL
CAPITAL
$ 3,678,230.77 $ 250,321,769
$ 4,817,846.51 $ 245,503,922.72
$ 6,085,417.12 $ 239,418,505.60
$ 7,493,323.35 $ 231,925,182.25
$ 9,055,095.59 $ 222,870,086.66
$ 10,785,519.19 $ 212,084,567.48
$ 12,700,749.51 $ 199,383,817.97
$ 14,818,437.39 $ 184,565,380.58
$ 17,157,866.14 $ 167,407,514.44
$ 19,740,100.91 $ 147,667,413.53
$ 22,588,151.87 $ 125,079,261.66
$ 25,727,152.10 $ 99,352,109.56
$ 29,184,551.84 $ 70,167,557.72
$ 32,990,330.39 $ 37,177,227.33
$ 37,177,227.33 -$ 0.00
 coffe

VALORIZACIÓN DE LOS ACTIVOS

AÑO 0 AÑO 1
VALOR PRESENTE DEL ACTIVO $ 239,000,000

VALOR DE SALVAMENTO

DEPRECIACIÓN $ 36,285,714
VALOR DEL ACTIVO $ 202,714,286

PROYECCIÓN DE
AÑO 1
UNIDADES

PRODUCCIÓN 1.04 500000

PROYECCIÓN DEL PRECIO

INFLACIÓN 3,5 + SPREAD
1,5 1.05 360

PROYECCIÓN DE LOS
COSTOS
3,5 + 1,3 1.048 150
COSTOS FIJOS 1.035 $ 16,000,000

PROYECCIÓN DE VENTAS
VENTAS TOTALES $ 180,000,000
VENTAS DE CONTADO 0.91666666666667 $ 165,000,000
VENTAS A CRÉDITO 0.08

FLUJO DE FONDO AÑO 0 AÑO 1

INGRESOS
INGRESOS POR VENTA $ 165,000,000
SALVAMENTO
TOTAL DE INGRESOS $ 165,000,000

EGRESOS

COSTOS DE PRODUCCION $ 75,000,000.00

COSTOS FIJOS $ 16,000,000

COMISIONES POR VENTAS 1.5% $ 2,475,000

INVENTARIOS 10% $ 15,000,000.00
DEPRECIACION $ 34,142,857
TOTAL IGRESOS $ 142,617,857
UTILIDAD ANTES DE
IMPUESTOS $ 22,382,143
IMPUESTOS 35% $ 7,833,750
FLUJO DE FONDOS - 254,000,000.00 $ 14,548,393
$ 69,030,232.11
INDICACIONES DE BONDA
FINANCIERA

VPN 19.25% -$ 107,262,619.33

TIR 2.23%

RELACION BENEFICIO COSTO $ 1.31

PAY BACK $ 3.22

 AÑO 2 AÑO 3 AÑO 4 AÑO 5 AÑO 6

$ 36,285,714 $ 36,285,714 $ 36,285,714 $ 36,285,714 $ 36,285,714

$ 166,428,571 $ 130,142,857 $ 93,857,143 $ 57,571,429 $ 21,285,714

AÑO 2 AÑO 3 AÑO 4 AÑO 5 AÑO 6

520000 540800 562432 584929 608326

378 397 417 438 459

157 165 173 181 190

$ 16,560,000 $ 17,139,600 $ 17,739,486 $ 18,360,368 $ 19,002,981

$ 196,560,000 $ 214,643,520 $ 234,390,724 $ 255,954,670 $ 279,502,500

$ 180,180,000 $ 196,756,560 $ 214,858,164 $ 234,625,115 $ 256,210,625
$ 15,000,000 $ 16,380,000 $ 17,886,960 $ 19,532,560 $ 21,329,556

AÑO 2 AÑO 3 AÑO 4 AÑO 5 AÑO 6

$ 195,180,000 $ 213,136,560 $ 232,745,124 $ 254,157,675 $ 277,540,181

$ 195,180,000 $ 213,136,560 $ 232,745,124 $ 254,157,675 $ 277,540,181

$ 81,744,000.00 $ 89,094,420.48 $ 97,105,790.77 $ 105,837,543.48 $ 115,354,455.38

$ 16,560,000 $ 17,139,600 $ 17,739,486 $ 18,360,368 $ 19,002,981

$ 2,927,700 $ 3,197,048 $ 3,491,177 $ 3,812,365 $ 4,163,103

$ 19,656,000 $ 21,464,352 $ 23,439,072 $ 25,595,467 $ 27,950,250
$ 34,142,857 $ 34,142,857 $ 34,142,857 $ 34,142,857 $ 34,142,857
$ 155,030,557 $ 165,038,278 $ 175,918,383 $ 187,748,601 $ 200,613,646

$ 40,149,443 $ 48,098,282 $ 56,826,740 $ 66,409,074 $ 76,926,535

$ 14,052,305 $ 16,834,399 $ 19,889,359 $ 23,243,176 $ 26,924,287
$ 26,097,138 $ 31,263,883 $ 36,937,381 $ 43,165,898 $ 50,002,248
 AÑO 7

$ 35,850,000

$ 36,285,714
-$ 15,000,000

AÑO 7

632660

482

199
$ 19,668,085

$ 305,216,730
$ 279,782,003
$ 23,291,875

AÑO 7

$ 303,073,878
$ 35,850,000
$ 338,923,878 $ 817,018,808.00

$ 125,727,128.01
$ 19,668,085

$ 4,546,108
$ 30,521,673
$ 34,142,857
$ 214,605,852 $ 623,042,324.67

$ 124,318,026
$ 43,511,309
$ 80,806,717
$ 222,043,299.02
tasa de interes 9.11%
plazo 15
valor presente $ 254,000,000.00
cuota -$ 31,715,862.41

año 0 año 1 año 2

inversion -$ 254,000,000.00
costos -$ 31,715,862.41 -$ 31,715,862.41
ingresos 1.05 $ 30,480,000.00 $ 32,004,000.00
valor de salvamento
flujo de fondo -$ 254,000,000.00 -$ 1,235,862.41 $ 288,137.59

DPN 19.25% -$ 156,975,476.12

TIR 7.72%
año 3 año 4 año 5 año 6 año 7 año 8

-$ 31,715,862.41 -$ 31,715,862.41 -$ 31,715,862.41 -$ 31,715,862.41 -$ 31,715,862.41 -$ 31,715,862.41

$ 33,604,200.00 $ 35,284,410.00 $ 37,048,630.50 $ 38,901,062.03 $ 40,846,115.13 $ 42,888,420.88

$ 1,888,337.59 $ 3,568,547.59 $ 5,332,768.09 $ 7,185,199.61 $ 9,130,252.72 $ 11,172,558.47

año 9 año 10 año 11 año 12 año 13 año 14

-$ 31,715,862.41 -$ 31,715,862.41 -$ 31,715,862.41 -$ 31,715,862.41 -$ 31,715,862.41 -$ 31,715,862.41

$ 45,032,841.93 $ 47,284,484.02 $ 49,648,708.22 $ 52,131,143.64 $ 54,737,700.82 $ 57,474,585.86

$ 13,316,979.52 $ 15,568,621.61 $ 17,932,845.81 $ 20,415,281.22 $ 23,021,838.41 $ 25,758,723.45

año 15

-$ 31,715,862.41
$ 60,348,315.15
$ 528,047,757.57
$ 556,680,210.31
 OPCION 1

100 100 100

1 2 3

1000

vpn: -235000
TIR 10%
TASA DE INTERES 19.25%

OPCION 2

ACCIONES 30.000 1 2

&=6%
TIR =5,6%
VPN=-10.394
100 100
4 5

3 4 5
30,000