CREDITO No.

VALOR 951,623,874
TASA 19.61% nata
PLAZO 36 MESES
CUOTAS ANUALIDAD
PAGOS CADA 40 DIAS VENCIDOS

CREDITO No. 2

VALOR 753,869,412
TASA 13.37% sa
PLAZO 96 MESES
CUOTAS PAGOS DE CAPITAL IGUALES
PAGOS cuatrimestre vencido

CREDITO No. 3 LEASING

VALOR 1,324,569,872
TASA 25.53% NABA
PLAZO 7 AÑOS
PAGOS TRIMESTRE VENCIDO
OPCION COMPRA 21%

CREDITO No. 4 FOMENTO PERIODO DE GRACIA MUERTO

VALOR 1,234,569,873
TASA 45.83% NACA
PLAZO 40 TRIMESTRES
CUOTAS ABONOS IGUALES DE CAPITAL
PAGOS SEMESTRES VENCIDOS
AÑOS DE GRACIA 3,5 AÑOS

CREDITO No. 5 FOMENTO PERIODO DE GRACIA

VALOR 4,569,871,237
TASA 45.83% NAAV
PLAZO 96 MESES
CUOTAS TRIMESTRE VENCIDO
PAGOS TRIMESTRE VENCIDO
CREDITO No. 6 GRADIENTE

VALOR 96,321,478,527
TASA 21.28% NADA
PLAZO 12 AÑOS
CUOTAS MES VENCIDO
CRECE LA CUOTA 98,000.00

CREDITO No. 7 GRADIENTE

VALOR 12,345,698,741
TASA 3.390000000000000% CA
PLAZO 12 AÑOS
CUOTAS QV
DECRECE LA CUOTA 11%

CREDITO No. 8

VALOR 165,894,756
TASA 9.90% NACA
PLAZO 36 MESES
CUOTAS ANUALIDAD
PAGOS CADA 45 DIAS VENCIDOS

CREDITO No. 9

VALOR 9,519,632,410
TASA 11.23% TA
PLAZO 42 MESES
CUOTAS PAGOS DE CAPITAL IGUALES
PAGOS BIMESTRE VENCIDO

CREDITO No. 10 LEASING

VALOR 654,321,789
TASA 14.69% NADA
PLAZO 9 AÑOS
PAGOS CUATRIMESTRES VENCIDOS (CADA 4 MESES)
OPCION COMPRA 14%

CREDITO No.11 FOMENTO PERIODO DE GRACIA MUERTO

VALOR 1,456,214,789
TASA 15.11% NABA
PLAZO 70 TRIMESTRES
CUOTAS ABONOS IGUALES DE CAPITAL
PAGOS SEMESTRES VENCIDOS
AÑOS DE GRACIA 3

CREDITO No. 12 FOMENTO PERIODO DE GRACIA SIMPLE

VALOR 980,000,000
TASA 39.65% NAAV
PLAZO 96 MESES
CUOTAS ABONOS IGUALES A CAPITAL
PAGOS TRIMESTRE VENCIDO
PERIODO DE GRACIA 5 TRIMESTRES
CREDITO No. 13

VALOR 895,421,365
TASA 2.72% BV
PLAZO 9 AÑOS
CUOTAS TRIMESTRE VENCIDO

ANUALIDAD

CREDITO No. 14 GRADIENTE

VALOR 1,254,698,741
TASA 12.67% N.A.D.A
PLAZO 12 AÑOS
CUOTAS MES VENCIDO
CRECE LA CUOTA 110,000.00

CREDITO No. 15 GRADIENTE

VALOR 549,875,412
TASA 2.643332724793870% TV
PLAZO 12 AÑOS
CUOTAS AÑO VENCIDO
CRECE LA CUOTA 11%

CREDITO No. 16 GRADIENTE DECRECIENTE

VALOR 13,548,796,214
TASA 21.21% N.A.Q.A.
PLAZO 5 AÑOS
CUOTAS TRIMESTRE VENCIDO
DECRECE LA CUOTA 850,000.00
EJERCICIO 1

VALOR 951,623,874
TASA 19.61% nata
PLAZO 36 MESES
CUOTAS ANUALIDAD
PAGOS CADA 40 DIAS VENCIDOS

CREDITO 951,623,874 19.61% NATA VP

PLAZO 36 meses 4.90% TA n
CUOTA ANUALIDAD 5.16% TV i
TASA 19.61% NATA 22.27% EA 1+i
CUOTAS FIJAS 2.26% 40DV (1+i)^-n
1-(1+i)^-n
No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA (1-(1+i)^-n)/i
0 951,623,874 VP/[(1-(1+i)^-n)/i]
1 925,657,456 21,499,605 25,966,418 47,466,023
2 899,104,390 20,912,958 26,553,066 47,466,023
3 871,951,423 20,313,056 27,152,967 47,466,023
4 844,185,001 19,699,602 27,766,422 47,466,023
5 815,791,265 19,072,288 28,393,736 47,466,023
6 786,756,043 18,430,801 29,035,223 47,466,023
7 757,064,840 17,774,821 29,691,202 47,466,023
8 726,702,838 17,104,021 30,362,002 47,466,023
9 695,654,882 16,418,066 31,047,957 47,466,023
10 663,905,472 15,716,614 31,749,409 47,466,023
11 631,438,763 14,999,314 32,466,709 47,466,023
12 598,238,548 14,265,809 33,200,215 47,466,023
13 564,288,256 13,515,731 33,950,292 47,466,023
14 529,570,941 12,748,708 34,717,316 47,466,023
15 494,069,272 11,964,355 35,501,668 47,466,023
16 457,765,531 11,162,282 36,303,741 47,466,023
17 420,641,596 10,342,088 37,123,935 47,466,023
18 382,678,937 9,503,364 37,962,659 47,466,023
19 343,858,605 8,645,691 38,820,332 47,466,023
20 304,161,222 7,768,641 39,697,382 47,466,023
21 263,566,975 6,871,776 40,594,247 47,466,023
22 222,055,600 5,954,649 41,511,375 47,466,023
23 179,606,378 5,016,801 42,449,222 47,466,023
24 136,198,120 4,057,765 43,408,258 47,466,023
25 91,809,158 3,077,062 44,388,961 47,466,023
26 46,417,338 2,074,203 45,391,821 47,466,023
27 0 1,048,686 46,417,338 47,466,023
 951,623,874
27
2.26%
102.26%
0.547052743057
0.452947256943
20.04852747449
47,466,023 R
EJERCICIO 2

CREDITO 753,869,412
PLAZO 96 meses 13.37% SA
CUOTA TRIMESTRE VENCIDO 15.43% SV
TASA 13.37% SA 33.25% EA
PAGOS CV 10.04% CV
CUOTAS PAGO DE CAPITAL IGUALES

No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA

0 753,869,412
1 722,458,187 75,695,891 31,411,226 107,107,117
2 691,046,961 72,541,896 31,411,226 103,953,121
3 659,635,736 69,387,900 31,411,226 100,799,126
4 628,224,510 66,233,905 31,411,226 97,645,130
5 596,813,285 63,079,910 31,411,226 94,491,135
6 565,402,059 59,925,914 31,411,226 91,337,140
7 533,990,834 56,771,919 31,411,226 88,183,144
8 502,579,608 53,617,923 31,411,226 85,029,149
9 471,168,383 50,463,928 31,411,226 81,875,153
10 439,757,157 47,309,932 31,411,226 78,721,158
11 408,345,932 44,155,937 31,411,226 75,567,162
12 376,934,706 41,001,941 31,411,226 72,413,167
13 345,523,481 37,847,946 31,411,226 69,259,171
14 314,112,255 34,693,950 31,411,226 66,105,176
15 282,701,030 31,539,955 31,411,226 62,951,180
16 251,289,804 28,385,959 31,411,226 59,797,185
17 219,878,579 25,231,964 31,411,226 56,643,189
18 188,467,353 22,077,968 31,411,226 53,489,194
19 157,056,128 18,923,973 31,411,226 50,335,198
20 125,644,902 15,769,977 31,411,226 47,181,203
21 94,233,677 12,615,982 31,411,226 44,027,207
22 62,822,451 9,461,986 31,411,226 40,873,212
23 31,411,226 6,307,991 31,411,226 37,719,216
24 - 3,153,995 31,411,226 34,565,221
EJERCICIO 3 LEASING

CREDITO 1,324,569,872 25.53% NABA

PLAZO 7 años 4.26% BA
CUOTA TRIMESTRE VENCIDO 4.44% BV
TASA 25.53% NABA 29.81% EA
OPCION COMPRA 21% 6.74% TV

No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA

0 1,324,569,872
1 1,311,034,678 89,271,602 13,535,194 102,806,797
2 1,296,587,256 88,359,375 14,447,421 102,806,797
3 1,281,166,127 87,385,667 15,421,129 102,806,797
4 1,264,705,665 86,346,334 16,460,462 102,806,797
5 1,247,135,822 85,236,954 17,569,843 102,806,797
6 1,228,381,831 84,052,805 18,753,992 102,806,797
7 1,208,363,882 82,788,848 20,017,948 102,806,797
8 1,186,996,791 81,439,705 21,367,091 102,806,797
9 1,164,189,629 79,999,634 22,807,162 102,806,797
10 1,139,845,340 78,462,508 24,344,289 102,806,797
11 1,113,860,327 76,821,784 25,985,013 102,806,797
12 1,086,124,010 75,070,480 27,736,317 102,806,797
13 1,056,518,358 73,201,145 29,605,652 102,806,797
14 1,024,917,384 71,205,822 31,600,974 102,806,797
15 991,186,609 69,076,022 33,730,775 102,806,797
16 955,182,492 66,802,680 36,004,117 102,806,797
17 916,751,817 64,376,122 38,430,675 102,806,797
18 875,731,042 61,786,022 41,020,774 102,806,797
19 831,945,604 59,021,359 43,785,438 102,806,797
20 785,209,174 56,070,366 46,736,431 102,806,797
21 735,322,863 52,920,486 49,886,311 102,806,797
22 682,074,380 49,558,314 53,248,482 102,806,797
23 625,237,128 45,969,544 56,837,253 102,806,797
24 564,569,233 42,138,902 60,667,894 102,806,797
25 499,812,525 38,050,088 64,756,709 102,806,797
26 430,691,429 33,685,701 69,121,095 102,806,797
27 356,911,802 29,027,169 73,779,627 102,806,797
28 278,159,673 24,054,668 78,752,129 102,806,797
VP 1,324,569,872
n 28
i 6.74%
1+i 106.74%
(1+i)^-n 0.161018711267
1-(1+i)^-n 0.838981288733
(1-(1+i)^-n)/i 12.44840809477 A
vf 278159673.12
vf*(1+i)^-n 44788912.09217
VP-(vf*(1+i)^-n) 1,279,780,960
VP-[(vf*(1+i)^-n)]/A 102,806,797 R
EJERCICIO 4 PERIODO DE GRACIA MUERTO

CREDITO 1,234,569,873 45.83% NACA

PLAZO 40 TRIMESTRES 15.28% CA
CUOTA SEMESRE VENCIDO 18.03% CV
TASA 45.83% NACA 64.43% EA
ABONOS IGUALES A CAPITAL 28.23% SV
PERIODO DE GRACIA MUERTO DE 3.5 AÑOS
No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA
0 1,234,569,873
1 1,583,110,114 348,540,241 - 348,540,241 -
2 2,030,049,240 446,939,126 - 446,939,126 -
3 2,603,166,944 573,117,704 - 573,117,704 -
4 3,338,085,602 734,918,657 - 734,918,657 -
5 4,280,484,396 942,398,794 - 942,398,794 -
6 5,488,938,526 1,208,454,130 - 1,208,454,130 -
7 7,038,559,975 1,549,621,449 - 1,549,621,449 -
8 6,497,132,285 1,987,106,151 541,427,690 2,528,533,842
9 5,955,704,594 1,834,251,832 541,427,690 2,375,679,522
10 5,414,276,904 1,681,397,513 541,427,690 2,222,825,203
11 4,872,849,214 1,528,543,193 541,427,690 2,069,970,884
12 4,331,421,523 1,375,688,874 541,427,690 1,917,116,564
13 3,789,993,833 1,222,834,555 541,427,690 1,764,262,245
14 3,248,566,142 1,069,980,235 541,427,690 1,611,407,926
15 2,707,138,452 917,125,916 541,427,690 1,458,553,606
16 2,165,710,762 764,271,597 541,427,690 1,305,699,287
17 1,624,283,071 611,417,277 541,427,690 1,152,844,968
18 1,082,855,381 458,562,958 541,427,690 999,990,648
19 541,427,690 305,708,639 541,427,690 847,136,329
20 - 152,854,319 541,427,690 694,282,010
CREDITO No. 5 FOMENTO PERIODO DE GRACIA

CREDIT 4,569,871,237
PLAZO 96 meses
CUOTATRIMESTRE VENCIDO 45.83% NAAV
TASA 45.83% NAAV 45.83% EA
ABONOS IGUALES A CAPITAL 9.89% TV
PERIODO DE GRACIA DE 2 AÑOS
No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA
0 4,569,871,237
1 4,569,871,237 452,001,264 - 452,001,264
2 4,569,871,237 452,001,264 - 452,001,264
3 4,569,871,237 452,001,264 - 452,001,264
4 4,569,871,237 452,001,264 - 452,001,264
5 4,569,871,237 452,001,264 - 452,001,264
6 4,569,871,237 452,001,264 - 452,001,264
7 4,569,871,237 452,001,264 - 452,001,264
8 4,569,871,237 452,001,264 - 452,001,264
9 4,284,254,285 452,001,264 285,616,952 737,618,216
10 3,998,637,332 423,751,185 285,616,952 709,368,137
11 3,713,020,380 395,501,106 285,616,952 681,118,058
12 3,427,403,428 367,251,027 285,616,952 652,867,979
13 3,141,786,475 339,000,948 285,616,952 624,617,900
14 2,856,169,523 310,750,869 285,616,952 596,367,821
15 2,570,552,571 282,500,790 285,616,952 568,117,742
16 2,284,935,619 254,250,711 285,616,952 539,867,663
17 1,999,318,666 226,000,632 285,616,952 511,617,584
18 1,713,701,714 197,750,553 285,616,952 483,367,505
19 1,428,084,762 169,500,474 285,616,952 455,117,426
20 1,142,467,809 141,250,395 285,616,952 426,867,347
21 856,850,857 113,000,316 285,616,952 398,617,268
22 571,233,905 84,750,237 285,616,952 370,367,189
23 285,616,952 56,500,158 285,616,952 342,117,110
24 - 28,250,079 285,616,952 313,867,031
EJERCICIO 6 GRADIENTE

CREDITO 96,321,478,527 21.28% NADA

PLAZO 12 AÑOS 0.06% DA
CUOTA MES VENCIDO 0.06% DV
TASA 21.28% NADA 23.72% EA
CUOTA CRECE MV 98,000.00 1.79% MV

No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA

0 96,321,478,527
1 96,180,451,620 1,723,850,045 141,026,907 1,864,876,953
2 96,036,802,776 1,721,326,109 143,648,843 1,864,974,953
3 95,890,485,072 1,718,755,249 146,317,704 1,865,072,953
4 95,741,450,744 1,716,136,624 149,034,328 1,865,170,953
5 95,589,651,173 1,713,469,381 151,799,572 1,865,268,953
6 95,435,036,868 1,710,752,648 154,614,304 1,865,366,953
7 95,277,557,457 1,707,985,541 157,479,412 1,865,464,953
8 95,117,161,661 1,705,167,157 160,395,795 1,865,562,953
9 94,953,797,288 1,702,296,579 163,364,373 1,865,660,953
10 94,787,411,209 1,699,372,873 166,386,079 1,865,758,953
11 94,617,949,345 1,696,395,088 169,461,864 1,865,856,953
12 94,445,356,649 1,693,362,257 172,592,696 1,865,954,953
13 94,269,577,089 1,690,273,393 175,779,560 1,866,052,953
14 94,090,553,631 1,687,127,494 179,023,458 1,866,150,953
15 93,908,228,219 1,683,923,540 182,325,412 1,866,248,953
16 93,722,541,758 1,680,660,492 185,686,461 1,866,346,953
17 93,533,434,096 1,677,337,291 189,107,662 1,866,444,953
18 93,340,844,004 1,673,952,861 192,590,091 1,866,542,953
19 93,144,709,159 1,670,506,107 196,134,845 1,866,640,953
20 92,944,966,120 1,666,995,913 199,743,039 1,866,738,953
21 92,741,550,312 1,663,421,144 203,415,808 1,866,836,953
22 92,534,396,003 1,659,780,644 207,154,308 1,866,934,953
23 92,323,436,288 1,656,073,237 210,959,716 1,867,032,953
24 92,108,603,060 1,652,297,725 214,833,228 1,867,130,953
25 91,889,826,996 1,648,452,889 218,776,064 1,867,228,953
26 91,667,037,532 1,644,537,489 222,789,464 1,867,326,953
27 91,440,162,841 1,640,550,261 226,874,691 1,867,424,953
28 91,209,129,810 1,636,489,922 231,033,031 1,867,522,953
29 90,973,864,018 1,632,355,160 235,265,792 1,867,620,953
30 90,734,289,712 1,628,144,646 239,574,306 1,867,718,953
31 90,490,329,783 1,623,857,023 243,959,929 1,867,816,953
32 90,241,905,742 1,619,490,912 248,424,041 1,867,914,953
33 89,988,937,696 1,615,044,906 252,968,046 1,868,012,953
34 89,731,344,321 1,610,517,578 257,593,375 1,868,110,953
35 89,469,042,839 1,605,907,471 262,301,482 1,868,208,953
36 89,201,948,990 1,601,213,103 267,093,849 1,868,306,953
37 88,929,977,004 1,596,432,967 271,971,985 1,868,404,953
38 88,653,039,580 1,591,565,528 276,937,424 1,868,502,953
39 88,371,047,851 1,586,609,224 281,991,729 1,868,600,953
40 88,083,911,362 1,581,562,463 287,136,490 1,868,698,953
41 87,791,538,037 1,576,423,627 292,373,325 1,868,796,953
42 87,493,834,153 1,571,191,069 297,703,884 1,868,894,953
43 87,190,704,311 1,565,863,110 303,129,842 1,868,992,953
44 86,882,051,402 1,560,438,044 308,652,908 1,869,090,953
45 86,567,776,582 1,554,914,133 314,274,820 1,869,188,953
46 86,247,779,236 1,549,289,606 319,997,346 1,869,286,953
47 85,921,956,949 1,543,562,665 325,822,287 1,869,384,953
48 85,590,205,472 1,537,731,476 331,751,476 1,869,482,953
49 85,252,418,693 1,531,794,173 337,786,779 1,869,580,953
50 84,908,488,598 1,525,748,857 343,930,095 1,869,678,953
51 84,558,305,241 1,519,593,596 350,183,357 1,869,776,953
52 84,201,756,709 1,513,326,420 356,548,532 1,869,874,953
53 83,838,729,085 1,506,945,328 363,027,624 1,869,972,953
54 83,469,106,413 1,500,448,281 369,622,671 1,870,070,953
55 83,092,770,665 1,493,833,204 376,335,749 1,870,168,953
56 82,709,601,695 1,487,097,983 383,168,969 1,870,266,953
57 82,319,477,212 1,480,240,470 390,124,483 1,870,364,953
58 81,922,272,734 1,473,258,474 397,204,478 1,870,462,953
59 81,517,861,551 1,466,149,770 404,411,183 1,870,560,953
60 81,106,114,686 1,458,912,088 411,746,865 1,870,658,953
61 80,686,900,853 1,451,543,120 419,213,833 1,870,756,953
62 80,260,086,418 1,444,040,517 426,814,435 1,870,854,953
63 79,825,535,353 1,436,401,888 434,551,065 1,870,952,953
64 79,383,109,198 1,428,624,797 442,426,155 1,871,050,953
65 78,932,667,012 1,420,706,767 450,442,185 1,871,148,953
66 78,474,065,335 1,412,645,276 458,601,677 1,871,246,953
67 78,007,158,138 1,404,437,755 466,907,198 1,871,344,953
68 77,531,796,777 1,396,081,592 475,361,361 1,871,442,953
69 77,047,829,951 1,387,574,126 483,966,827 1,871,540,953
70 76,555,103,647 1,378,912,649 492,726,303 1,871,638,953
71 76,053,461,100 1,370,094,406 501,642,547 1,871,736,953
72 75,542,742,737 1,361,116,589 510,718,363 1,871,834,953
73 75,022,786,129 1,351,976,345 519,956,608 1,871,932,953
74 74,493,425,942 1,342,670,765 529,360,188 1,872,030,953
75 73,954,493,880 1,333,196,891 538,932,062 1,872,128,953
76 73,405,818,637 1,323,551,710 548,675,243 1,872,226,953
77 72,847,225,842 1,313,732,157 558,592,795 1,872,324,953
78 72,278,538,001 1,303,735,112 568,687,841 1,872,422,953
79 71,699,574,445 1,293,557,396 578,963,556 1,872,520,953
 80 71,110,151,271 1,283,195,779 589,423,174 1,872,618,953
81 70,510,081,285 1,272,646,967 600,069,986 1,872,716,953
82 69,899,173,943 1,261,907,610 610,907,342 1,872,814,953
83 69,277,235,290 1,250,974,300 621,938,653 1,872,912,953
84 68,644,067,901 1,239,843,563 633,167,389 1,873,010,953
85 67,999,470,817 1,228,511,868 644,597,084 1,873,108,953
86 67,343,239,482 1,216,975,618 656,231,335 1,873,206,953
87 66,675,165,680 1,205,231,151 668,073,802 1,873,304,953
88 65,995,037,469 1,193,274,741 680,128,211 1,873,402,953
89 65,302,639,112 1,181,102,596 692,398,357 1,873,500,953
90 64,597,751,013 1,168,710,853 704,888,099 1,873,598,953
91 63,880,149,644 1,156,095,584 717,601,368 1,873,696,953
92 63,149,607,480 1,143,252,788 730,542,165 1,873,794,953
93 62,405,892,919 1,130,178,392 743,714,561 1,873,892,953
94 61,648,770,218 1,116,868,252 757,122,701 1,873,990,953
95 60,877,999,414 1,103,318,148 770,770,804 1,874,088,953
96 60,093,336,248 1,089,523,787 784,663,166 1,874,186,953
97 59,294,532,091 1,075,480,796 798,804,157 1,874,284,953
98 58,481,333,865 1,061,184,726 813,198,226 1,874,382,953
99 57,653,483,960 1,046,631,048 827,849,905 1,874,480,953
100 56,810,720,159 1,031,815,151 842,763,801 1,874,578,953
101 55,952,775,549 1,016,732,343 857,944,610 1,874,676,953
102 55,079,378,442 1,001,377,846 873,397,107 1,874,774,953
103 54,190,252,287 985,746,798 889,126,155 1,874,872,953
104 53,285,115,584 969,834,250 905,136,703 1,874,970,953
105 52,363,681,795 953,635,163 921,433,789 1,875,068,953
106 51,425,659,253 937,144,411 938,022,542 1,875,166,953
107 50,470,751,072 920,356,772 954,908,181 1,875,264,953
108 49,498,655,053 903,266,933 972,096,019 1,875,362,953
109 48,509,063,587 885,869,487 989,591,466 1,875,460,953
110 47,501,663,561 868,158,927 1,007,400,026 1,875,558,953
111 46,476,136,259 850,129,650 1,025,527,302 1,875,656,953
112 45,432,157,260 831,775,953 1,043,979,000 1,875,754,953
113 44,369,396,335 813,092,028 1,062,760,924 1,875,852,953
114 43,287,517,349 794,071,967 1,081,878,986 1,875,950,953
115 42,186,178,149 774,709,752 1,101,339,201 1,876,048,953
116 41,065,030,457 754,999,261 1,121,147,692 1,876,146,953
117 39,923,719,765 734,934,261 1,141,310,692 1,876,244,953
118 38,761,885,219 714,508,406 1,161,834,546 1,876,342,953
119 37,579,159,506 693,715,240 1,182,725,713 1,876,440,953
120 36,375,168,741 672,548,188 1,203,990,765 1,876,538,953
121 35,149,532,347 651,000,558 1,225,636,395 1,876,636,953
122 33,901,862,934 629,065,540 1,247,669,412 1,876,734,953
123 32,631,766,183 606,736,201 1,270,096,752 1,876,832,953
124 31,338,840,713 584,005,483 1,292,925,469 1,876,930,953
125 30,022,677,964 560,866,203 1,316,162,749 1,877,028,953
126 28,682,862,061 537,311,050 1,339,815,903 1,877,126,953
127 27,318,969,689 513,332,580 1,363,892,373 1,877,224,953
128 25,930,569,953 488,923,217 1,388,399,736 1,877,322,953
129 24,517,224,250 464,075,250 1,413,345,703 1,877,420,953
130 23,078,486,126 438,780,828 1,438,738,124 1,877,518,953
131 21,613,901,136 413,031,963 1,464,584,990 1,877,616,953
132 20,123,006,704 386,820,520 1,490,894,432 1,877,714,953
133 18,605,331,973 360,138,222 1,517,674,731 1,877,812,953
134 17,060,397,661 332,976,641 1,544,934,312 1,877,910,953
135 15,487,715,908 305,327,199 1,572,681,753 1,878,008,953
136 13,886,790,122 277,181,166 1,600,925,786 1,878,106,953
137 12,257,114,824 248,529,654 1,629,675,298 1,878,204,953
138 10,598,175,488 219,363,617 1,658,939,335 1,878,302,953
139 8,909,448,382 189,673,846 1,688,727,106 1,878,400,953
140 7,190,400,397 159,450,968 1,719,047,985 1,878,498,953
141 5,440,488,887 128,685,442 1,749,911,510 1,878,596,953
142 3,659,161,491 97,367,557 1,781,327,396 1,878,694,953
143 1,845,855,965 65,487,426 1,813,305,527 1,878,792,953
144 - 0 33,034,988 1,845,855,965 1,878,890,953
VP 96,321,478,527
n 144
i 1.79%
1+i 101.79%
(1+i)^-n 0.077742357527661
1-(1+i)^-n 0.922257642472339
(1-(1+i)^-n)/i 51.5318719048085 A
L 98,000
L/i 5475827.15946178
n*(1+i)^-n 11.1948994839831 B
A-B 40.3369724208253
L/i*(A-B) 220878289.112416
VP-(L/i*(A-B)) 96,100,600,238
[VP-(L/i*(A-B)]/A 1,864,876,953 R
EJERCICIO 7 GRADIENTE

VALOR 12,345,698,741
TASA 3.39% CA
PLAZO 12 AÑOS
CUOTAS QV
DECRECE LA CUOTA 11%

CREDITO 12,345,698,741
PLAZO 12 AÑOS 3.39% CA
CUOTA QUINCENA VENCIDA 3.51% CV
TASA 3.39% CA 10.90% EA
CUOTA DECRECE QV -11.0% 0.43% QV

No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA

0 12,345,698,741
1 10,987,671,879 53,337,085 1,358,026,862 1,411,363,947
2 9,779,027,973 47,470,006 1,208,643,907 1,256,113,913
3 8,703,334,896 42,248,305 1,075,693,077 1,117,941,382
4 7,745,968,057 37,600,992 957,366,839 994,967,830
5 6,893,911,571 33,464,883 852,056,486 885,521,369
6 6,135,581,298 29,783,745 758,330,273 788,114,018
7 5,460,667,355 26,507,533 674,913,943 701,421,476
8 4,859,993,946 23,591,705 600,673,409 624,265,114
9 4,325,394,612 20,996,617 534,599,334 555,595,951
10 3,849,601,205 18,686,989 475,793,407 494,480,397
11 3,426,145,072 16,631,421 423,456,133 440,087,553
12 3,049,269,114 14,801,964 376,875,958 391,677,922
13 2,713,849,512 13,173,748 335,419,603 348,593,351
14 2,415,326,065 11,724,636 298,523,446 310,248,082
15 2,149,640,198 10,434,926 265,685,867 276,120,793
16 1,913,179,776 9,287,084 236,460,422 245,747,506
17 1,702,730,001 8,265,505 210,449,775 218,715,280
18 1,515,429,701 7,356,299 187,300,300 194,656,599
19 1,348,732,434 6,547,106 166,697,267 173,244,373
20 1,200,371,866 5,826,925 148,360,568 154,187,492
21 1,068,330,961 5,185,963 132,040,905 137,226,868
22 950,814,555 4,615,507 117,516,406 122,131,913
23 846,224,954 4,107,801 104,589,601 108,697,402
24 753,140,209 3,655,943 93,084,745 96,740,688
25 670,294,786 3,253,789 82,845,423 86,099,212
26 596,562,360 2,895,873 73,732,426 76,628,299
27 530,940,500 2,577,327 65,621,860 68,199,186
28 472,537,045 2,293,821 58,403,455 60,697,276
29 420,557,970 2,041,500 51,979,075 54,020,575
30 374,296,593 1,816,935 46,261,377 48,078,312
31 333,123,968 1,617,072 41,172,625 42,789,698
32 296,480,332 1,439,194 36,643,636 38,082,831
33 263,867,495 1,280,883 32,612,836 33,893,720
34 234,842,071 1,139,986 29,025,424 30,165,410
35 209,009,443 1,014,587 25,832,628 26,847,215
36 186,018,404 902,983 22,991,039 23,894,022
37 165,556,380 803,655 20,462,024 21,265,679
38 147,345,178 715,253 18,211,202 18,926,455
39 131,137,208 636,575 16,207,970 16,844,545
40 116,712,115 566,552 14,425,093 14,991,645
41 103,873,783 504,231 12,838,333 13,342,564
42 92,447,667 448,766 11,426,116 11,874,882
43 82,278,423 399,401 10,169,243 10,568,645
44 73,227,797 355,467 9,050,627 9,406,094
45 65,172,739 316,366 8,055,058 8,371,423
46 58,003,738 281,566 7,169,001 7,450,567
47 51,623,327 250,593 6,380,411 6,631,005
48 45,944,761 223,028 5,678,566 5,901,594
49 40,890,837 198,495 5,053,924 5,252,419
50 36,392,845 176,661 4,497,992 4,674,653
51 32,389,632 157,228 4,003,213 4,160,441
52 28,826,772 139,933 3,562,860 3,702,792
53 25,655,828 124,540 3,170,945 3,295,485
54 22,833,686 110,841 2,822,141 2,932,982
55 20,321,981 98,648 2,511,706 2,610,354
56 18,086,563 87,797 2,235,418 2,323,215
57 16,097,041 78,139 1,989,522 2,067,661
58 14,326,367 69,544 1,770,675 1,840,219
59 12,750,466 61,894 1,575,900 1,637,794
60 11,347,915 55,086 1,402,551 1,457,637
61 10,099,644 49,026 1,248,271 1,297,297
62 8,988,683 43,633 1,110,961 1,154,594
63 7,999,928 38,834 988,755 1,027,589
64 7,119,936 34,562 879,992 914,554
65 6,336,743 30,760 783,193 813,953
66 5,639,701 27,377 697,042 724,418
67 5,019,334 24,365 620,367 644,732
68 4,467,208 21,685 552,127 573,812
69 3,975,815 19,300 491,393 510,692
70 3,538,475 17,177 437,340 454,516
71 3,149,243 15,287 389,232 404,520
72 2,802,826 13,606 346,417 360,022
 73 2,494,515 12,109 308,311 320,420
74 2,220,119 10,777 274,397 285,174
75 1,975,906 9,592 244,213 253,805
76 1,758,556 8,536 217,350 225,886
77 1,565,115 7,597 193,441 201,039
78 1,392,952 6,762 172,163 178,924
79 1,239,727 6,018 153,225 159,243
80 1,103,357 5,356 136,370 141,726
81 981,988 4,767 121,369 126,136
82 873,969 4,242 108,019 112,261
83 777,833 3,776 96,137 99,912
84 692,271 3,360 85,562 88,922
85 616,121 2,991 76,150 79,141
86 548,348 2,662 67,773 70,435
87 488,030 2,369 60,318 62,687
88 434,346 2,108 53,683 55,792
89 386,568 1,877 47,778 49,655
90 344,046 1,670 42,523 44,193
91 306,201 1,486 37,845 39,331
92 272,519 1,323 33,682 35,005
93 242,542 1,177 29,977 31,154
94 215,862 1,048 26,680 27,727
95 192,117 933 23,745 24,677
96 170,984 830 21,133 21,963
97 152,176 739 18,808 19,547
98 135,437 657 16,739 17,397
99 120,539 585 14,898 15,483
100 107,279 521 13,259 13,780
101 95,479 463 11,801 12,264
102 84,976 412 10,503 10,915
103 75,629 367 9,347 9,714
104 67,310 327 8,319 8,646
105 59,905 291 7,404 7,695
106 53,316 259 6,590 6,848
107 47,451 230 5,865 6,095
108 42,231 205 5,220 5,425
109 37,586 182 4,645 4,828
110 33,452 162 4,134 4,297
111 29,772 145 3,680 3,824
112 26,497 129 3,275 3,404
113 23,582 114 2,915 3,029
114 20,988 102 2,594 2,696
115 18,680 91 2,309 2,399
116 16,625 81 2,055 2,135
117 14,796 72 1,829 1,901
118 13,169 64 1,628 1,691
119 11,720 57 1,449 1,505
120 10,431 51 1,289 1,340
121 9,283 45 1,147 1,192
122 8,262 40 1,021 1,061
123 7,353 36 909 945
124 6,545 32 809 841
125 5,825 28 720 748
126 5,184 25 641 666
127 4,614 22 570 593
128 4,106 20 508 527
129 3,654 18 452 469
130 3,252 16 402 418
131 2,895 14 358 372
132 2,576 13 318 331
133 2,293 11 283 295
134 2,041 10 252 262
135 1,816 9 224 233
136 1,616 8 200 208
137 1,439 7 178 185
138 1,280 6 158 164
139 1,140 6 141 146
140 1,014 5 125 130
141 903 4 112 116
142 803 4 99 103
143 715 3 88 92
144 636 3 79 82
145 566 3 70 73
146 504 2 62 65
147 449 2 55 58
148 399 2 49 51
149 355 2 44 46
150 316 2 39 41
151 281 1 35 36
152 250 1 31 32
153 223 1 28 29
154 198 1 25 25
155 177 1 22 23
156 157 1 19 20
157 140 1 17 18
158 124 1 15 16
159 111 1 14 14
160 99 0 12 13
161 88 0 11 11
162 78 0 10 10
163 70 0 9 9
164 62 0 8 8
165 55 0 7 7
166 49 0 6 6
167 44 0 5 6
168 39 0 5 5
169 35 0 4 4
170 31 0 4 4
171 27 0 3 4
172 24 0 3 3
173 22 0 3 3
174 19 0 2 2
175 17 0 2 2
176 15 0 2 2
177 14 0 2 2
178 12 0 1 2
179 11 0 1 1
180 10 0 1 1
181 9 0 1 1
182 8 0 1 1
183 7 0 1 1
184 6 0 1 1
185 5 0 1 1
186 5 0 1 1
187 4 0 1 1
188 4 0 0 0
189 3 0 0 0
190 3 0 0 0
191 3 0 0 0
192 2 0 0 0
193 2 0 0 0
194 2 0 0 0
195 2 0 0 0
196 1 0 0 0
197 1 0 0 0
198 1 0 0 0
199 1 0 0 0
200 1 0 0 0
201 1 0 0 0
202 1 0 0 0
203 1 0 0 0
204 1 0 0 0
205 1 0 0 0
206 0 0 0 0
207 0 0 0 0
208 0 0 0 0
VP 12,345,698,741
n 288
i 0.43%
1+i 100.43%
(1+i)^-n 0.28893154237863
G -11%
1+G 89%
(1+G)^n 0.00000
(1+G)^n*(1+i)^-n 7.67568015951113E-16
(1+G)^n*(1+i)^-n-1 -0.999999999999999
G-i -11.43%
[(1+G)^n*(1+i)^-n-1]/(G-i) 8.74735306206562 C
VP/C 1,411,363,947 R
EJERCICIO 8

VALOR 165894756
TASA 9.90% NACA
PLAZO 36 MESES
CUOTAS ANUALIDAD
PAGOS CADA 45 DIAS VENCIDOS

CREDITO 165894756 9.90% NACA VP

PLAZO 36 meses 3.30% CA n
CUOTA ANUALIDAD 3.41% CV i
TASA 9.90% NACA 10.59% EA 1+i
CUOTAS FIJAS 1.27% 45DV (1+i)^-n
1-(1+i)^-n
No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA (1-(1+i)^-n)/i
0 165,894,756 VP/[(1-(1+i)^-n)/i]
1 159,935,931 2,099,690 5,958,825 8,058,515
2 153,901,686 2,024,270 6,034,245 8,058,515
3 147,791,067 1,947,896 6,110,619 8,058,515
4 141,603,108 1,870,556 6,187,959 8,058,515
5 135,336,829 1,792,236 6,266,279 8,058,515
6 128,991,239 1,712,925 6,345,590 8,058,515
7 122,565,335 1,632,611 6,425,904 8,058,515
8 116,058,099 1,551,280 6,507,235 8,058,515
9 109,468,503 1,468,919 6,589,596 8,058,515
10 102,795,504 1,385,516 6,672,999 8,058,515
11 96,038,047 1,301,058 6,757,457 8,058,515
12 89,195,062 1,215,530 6,842,985 8,058,515
13 82,265,467 1,128,920 6,929,595 8,058,515
14 75,248,166 1,041,214 7,017,301 8,058,515
15 68,142,049 952,398 7,106,117 8,058,515
16 60,945,991 862,457 7,196,058 8,058,515
17 53,658,855 771,379 7,287,137 8,058,515
18 46,279,487 679,147 7,379,368 8,058,515
19 38,806,720 585,748 7,472,767 8,058,515
20 31,239,372 491,167 7,567,348 8,058,515
21 23,576,246 395,389 7,663,126 8,058,515
22 15,816,130 298,399 7,760,116 8,058,515
23 7,957,795 200,181 7,858,334 8,058,515
24 - 0 100,720 7,957,795 8,058,515
 165,894,756
24
1.27%
101.27%
0.739444585913
0.260555414087
20.58626838027
8,058,515 R
EJERCICIO 9

CREDITO 9519632410
PLAZO 42 meses 11.23% TA
CUOTA PAGO DE CAPITAL IGUALES 12.65% TV
TASA 11.23% TA 61.04% EA
PAGOS BV 8.27% BV

No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA

0 9,519,632,410
1 9,066,316,581 786,823,878 453,315,829 1,240,139,707
2 8,613,000,752 749,356,074 453,315,829 1,202,671,903
3 8,159,684,923 711,888,271 453,315,829 1,165,204,100
4 7,706,369,094 674,420,467 453,315,829 1,127,736,296
5 7,253,053,265 636,952,663 453,315,829 1,090,268,492
6 6,799,737,436 599,484,859 453,315,829 1,052,800,688
7 6,346,421,607 562,017,056 453,315,829 1,015,332,885
8 5,893,105,778 524,549,252 453,315,829 977,865,081
9 5,439,789,949 487,081,448 453,315,829 940,397,277
10 4,986,474,120 449,613,645 453,315,829 902,929,474
11 4,533,158,290 412,145,841 453,315,829 865,461,670
12 4,079,842,461 374,678,037 453,315,829 827,993,866
13 3,626,526,632 337,210,233 453,315,829 790,526,062
14 3,173,210,803 299,742,430 453,315,829 753,058,259
15 2,719,894,974 262,274,626 453,315,829 715,590,455
16 2,266,579,145 224,806,822 453,315,829 678,122,651
17 1,813,263,316 187,339,019 453,315,829 640,654,848
18 1,359,947,487 149,871,215 453,315,829 603,187,044
19 906,631,658 112,403,411 453,315,829 565,719,240
20 453,315,829 74,935,607 453,315,829 528,251,436
21 0 37,467,804 453,315,829 490,783,633
EJERCICIO 10
LEASING
CREDITO 654,321,789 14.69% NADA
PLAZO 9 años 0.04% DA
CUOTA CUATRIMESTRE VENCIDO 0.04% DV
TASA 14.69% NADA 15.83% EA
OPCION COMPRA 14% 5.02% CV

No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA

0 654,321,789
1 644,059,097 32,844,231 10,262,692 43,106,923
2 633,281,261 32,329,087 10,777,836 43,106,923
3 621,962,422 31,788,084 11,318,839 43,106,923
4 610,075,425 31,219,926 11,886,997 43,106,923
5 597,591,750 30,623,248 12,483,675 43,106,923
6 584,481,446 29,996,619 13,110,304 43,106,923
7 570,713,060 29,338,536 13,768,386 43,106,923
8 556,253,558 28,647,421 14,459,502 43,106,923
9 541,068,249 27,921,614 15,185,309 43,106,923
10 525,120,700 27,159,375 15,947,548 43,106,923
11 508,372,652 26,358,874 16,748,049 43,106,923
12 490,783,920 25,518,192 17,588,731 43,106,923
13 472,312,308 24,635,311 18,471,612 43,106,923
14 452,913,498 23,708,112 19,398,810 43,106,923
15 432,540,948 22,734,373 20,372,550 43,106,923
16 411,145,781 21,711,756 21,395,167 43,106,923
17 388,676,665 20,637,807 22,469,116 43,106,923
18 365,079,693 19,509,951 23,596,972 43,106,923
19 340,298,252 18,325,481 24,781,441 43,106,923
20 314,272,885 17,081,556 26,025,367 43,106,923
21 286,941,154 15,775,191 27,331,732 43,106,923
22 258,237,483 14,403,252 28,703,671 43,106,923
23 228,093,007 12,962,447 30,144,476 43,106,923
24 196,435,404 11,449,320 31,657,603 43,106,923
25 163,188,721 9,860,240 33,246,683 43,106,923
26 128,273,193 8,191,395 34,915,528 43,106,923
27 91,605,050 6,438,781 36,668,142 43,106,923
VP 654,321,789
n 27
i 5.02%
1+i 105.02%
(1+i)^-n 0.266502989307
1-(1+i)^-n 0.733497010693
(1-(1+i)^-n)/i 14.61270551207 A
vf 91605050.46
vf*(1+i)^-n 24413019.78319
VP-(vf*(1+i)^-n) 629,908,769
VP-[(vf*(1+i)^-n)]/A 43,106,923 R
EJERCICIO 11
FOMENTO

CREDITO 1,456,214,789 15.11% NABA

PLAZO 70 TRIMESTRES 2.52% BA
CUOTA SEMESRE VENCIDO 2.58% BV
TASA 15.11% NABA 16.54% EA
ABONOS IGUALES A CAPITAL 7.95% SV
PERIODO DE GRACIA MUERTO DE 3 AÑOS
No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA
0 1,456,214,789
1 1,572,014,689 115,799,900 - 115,799,900 -
2 1,697,023,133 125,008,444 - 125,008,444 -
3 1,831,972,394 134,949,261 - 134,949,261 -
4 1,977,652,978 145,680,584 - 145,680,584 -
5 2,134,918,252 157,265,274 - 157,265,274 -
6 2,304,689,445 169,771,192 - 169,771,192 -
7 2,225,217,395 183,271,596 79,472,050 262,743,646
8 2,145,745,345 176,951,886 79,472,050 256,423,935
9 2,066,273,295 170,632,175 79,472,050 250,104,225
10 1,986,801,245 164,312,465 79,472,050 243,784,515
11 1,907,329,196 157,992,755 79,472,050 237,464,805
12 1,827,857,146 151,673,045 79,472,050 231,145,095
13 1,748,385,096 145,353,335 79,472,050 224,825,384
14 1,668,913,046 139,033,624 79,472,050 218,505,674
15 1,589,440,996 132,713,914 79,472,050 212,185,964
16 1,509,968,946 126,394,204 79,472,050 205,866,254
17 1,430,496,897 120,074,494 79,472,050 199,546,544
18 1,351,024,847 113,754,784 79,472,050 193,226,833
19 1,271,552,797 107,435,073 79,472,050 186,907,123
20 1,192,080,747 101,115,363 79,472,050 180,587,413
21 1,112,608,697 94,795,653 79,472,050 174,267,703
22 1,033,136,648 88,475,943 79,472,050 167,947,993
23 953,664,598 82,156,233 79,472,050 161,628,282
24 874,192,548 75,836,522 79,472,050 155,308,572
25 794,720,498 69,516,812 79,472,050 148,988,862
26 715,248,448 63,197,102 79,472,050 142,669,152
27 635,776,399 56,877,392 79,472,050 136,349,442
28 556,304,349 50,557,682 79,472,050 130,029,731
29 476,832,299 44,237,971 79,472,050 123,710,021
30 397,360,249 37,918,261 79,472,050 117,390,311
31 317,888,199 31,598,551 79,472,050 111,070,601
32 238,416,149 25,278,841 79,472,050 104,750,891
33 158,944,100 18,959,131 79,472,050 98,431,180
34 79,472,050 12,639,420 79,472,050 92,111,470
35 0 6,319,710 79,472,050 85,791,760
EJERCICIO 13

VALOR 895,421,365
TASA 2.72% BV
PLAZO 9 AÑOS
CUOTAS TRIMESTRE VENCIDO

ANUALIDAD

CREDITO 895,421,365 VP
PLAZO 9 AÑOS n
CUOTA TRIMESTRE VENCIDO 2.72% BV i
TASA 2.72% BV 17.47% EA 1+i
CUOTAS FIJAS 4.11% TV (1+i)^-n
1-(1+i)^-n
No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA (1-(1+i)^-n)/i
0 895,421,365 VP/[(1-(1+i)^-n)/i]
1 884,137,678 36,780,503 11,283,687 48,064,190
2 872,390,499 36,317,012 11,747,178 48,064,190
3 860,160,791 35,834,482 12,229,708 48,064,190
4 847,428,734 35,332,132 12,732,058 48,064,190
5 834,173,692 34,809,148 13,255,042 48,064,190 36
6 820,374,183 34,264,681 13,799,509 48,064,190
7 806,007,843 33,697,850 14,366,340 48,064,190
8 791,051,388 33,107,735 14,956,455 48,064,190
9 775,480,579 32,493,381 15,570,809 48,064,190
10 759,270,180 31,853,791 16,210,399 48,064,190
11 742,393,920 31,187,930 16,876,260 48,064,190
12 724,824,447 30,494,717 17,569,473 48,064,190
13 706,533,288 29,773,030 18,291,160 48,064,190
14 687,490,797 29,021,699 19,042,491 48,064,190
15 667,666,113 28,239,506 19,824,684 48,064,190
16 647,027,106 27,425,183 20,639,007 48,064,190
17 625,540,328 26,577,412 21,486,778 48,064,190
18 603,170,954 25,694,816 22,369,374 48,064,190
19 579,882,732 24,775,968 23,288,222 48,064,190
20 555,637,918 23,819,376 24,244,814 48,064,190
21 530,397,219 22,823,491 25,240,699 48,064,190
22 504,119,729 21,786,700 26,277,490 48,064,190
23 476,762,859 20,707,320 27,356,870 48,064,190
24 448,282,273 19,583,604 28,480,586 48,064,190
25 418,631,814 18,413,730 29,650,460 48,064,190
26 387,763,425 17,195,802 30,868,388 48,064,190
27 355,627,082 15,927,846 32,136,344 48,064,190
28 322,170,699 14,607,807 33,456,383 48,064,190
29 287,340,055 13,233,546 34,830,644 48,064,190
30 251,078,701 11,802,836 36,261,354 48,064,190
31 213,327,869 10,313,358 37,750,832 48,064,190
32 174,026,376 8,762,697 39,301,493 48,064,190
33 133,110,528 7,148,341 40,915,849 48,064,190
34 90,514,012 5,467,674 42,596,516 48,064,190
35 46,167,793 3,717,971 44,346,219 48,064,190
36 0 1,896,397 46,167,793 48,064,190
 895,421,365
36
4.11%
104.11%
0.234762875781
0.765237124219
18.62969843095
48,064,190 R
EJERCICIO 14
GRADIENTE
CREDITO 1,254,698,741 12.67% NADA
PLAZO 12 AÑOS 0.04% DA
CUOTA MES VENCIDO 0.04% DV
TASA 12.67% NADA 13.51% EA
CUOTA CRECE MV 110,000.00 1.06% MV

No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA

0 1,254,698,741
1 1,256,904,289 13,320,067 - 2,205,548 11,114,519
2 1,259,023,252 13,343,481 - 2,118,963 11,224,519
3 1,261,054,709 13,365,976 - 2,031,458 11,334,519
4 1,262,997,733 13,387,543 - 1,943,024 11,444,519
5 1,264,851,385 13,408,170 - 1,853,651 11,554,519
6 1,266,614,715 13,427,849 - 1,763,330 11,664,519
7 1,268,286,765 13,446,568 - 1,672,050 11,774,519
8 1,269,866,565 13,464,319 - 1,579,801 11,884,519
9 1,271,353,137 13,481,091 - 1,486,572 11,994,519
10 1,272,745,491 13,496,872 - 1,392,354 12,104,519
11 1,274,042,626 13,511,654 - 1,297,135 12,214,519
12 1,275,243,531 13,525,424 - 1,200,906 12,324,519
13 1,276,347,186 13,538,173 - 1,103,655 12,434,519
14 1,277,352,557 13,549,890 - 1,005,371 12,544,519
15 1,278,258,602 13,560,563 - 906,044 12,654,519
16 1,279,064,265 13,570,182 - 805,663 12,764,519
17 1,279,768,481 13,578,735 - 704,216 12,874,519
18 1,280,370,173 13,586,211 - 601,692 12,984,519
19 1,280,868,253 13,592,598 - 498,080 13,094,519
20 1,281,261,620 13,597,886 - 393,367 13,204,519
21 1,281,549,164 13,602,062 - 287,544 13,314,519
22 1,281,729,760 13,605,115 - 180,596 13,424,519
23 1,281,802,273 13,607,032 - 72,513 13,534,519
24 1,281,765,556 13,607,802 36,717 13,644,519
25 1,281,618,450 13,607,412 147,107 13,754,519
26 1,281,359,782 13,605,850 258,668 13,864,519
27 1,280,988,367 13,603,104 371,414 13,974,519
28 1,280,503,010 13,599,161 485,357 14,084,519
29 1,279,902,500 13,594,009 600,510 14,194,519
30 1,279,185,615 13,587,634 716,885 14,304,519
31 1,278,351,119 13,580,023 834,496 14,414,519
32 1,277,397,764 13,571,164 953,355 14,524,519
33 1,276,324,289 13,561,043 1,073,476 14,634,519
34 1,275,129,417 13,549,647 1,194,872 14,744,519
35 1,273,811,860 13,536,962 1,317,557 14,854,519
36 1,272,370,316 13,522,974 1,441,544 14,964,519
37 1,270,803,468 13,507,671 1,566,848 15,074,519
38 1,269,109,986 13,491,037 1,693,482 15,184,519
39 1,267,288,526 13,473,059 1,821,460 15,294,519
40 1,265,337,729 13,453,722 1,950,797 15,404,519
41 1,263,256,222 13,433,012 2,081,507 15,514,519
42 1,261,042,618 13,410,914 2,213,604 15,624,519
43 1,258,695,513 13,387,414 2,347,104 15,734,519
44 1,256,213,492 13,362,497 2,482,022 15,844,519
45 1,253,595,121 13,336,148 2,618,371 15,954,519
46 1,250,838,953 13,308,351 2,756,168 16,064,519
47 1,247,943,525 13,279,091 2,895,428 16,174,519
48 1,244,907,358 13,248,352 3,036,166 16,284,519
49 1,241,728,960 13,216,120 3,178,399 16,394,519
50 1,238,406,819 13,182,378 3,322,141 16,504,519
51 1,234,939,409 13,147,109 3,467,409 16,614,519
52 1,231,325,190 13,110,299 3,614,220 16,724,519
53 1,227,562,601 13,071,930 3,762,589 16,834,519
54 1,223,650,067 13,031,985 3,912,533 16,944,519
55 1,219,585,998 12,990,449 4,064,069 17,054,519
56 1,215,368,784 12,947,305 4,217,214 17,164,519
57 1,210,996,800 12,902,534 4,371,985 17,274,519
58 1,206,468,402 12,856,120 4,528,398 17,384,519
59 1,201,781,929 12,808,046 4,686,472 17,494,519
60 1,196,935,705 12,758,294 4,846,225 17,604,519
61 1,191,928,032 12,706,846 5,007,673 17,714,519
62 1,186,757,197 12,653,684 5,170,835 17,824,519
63 1,181,421,468 12,598,789 5,335,729 17,934,519
64 1,175,919,093 12,542,144 5,502,374 18,044,519
65 1,170,248,305 12,483,730 5,670,788 18,154,519
66 1,164,407,315 12,423,528 5,840,990 18,264,519
67 1,158,394,316 12,361,520 6,012,999 18,374,519
68 1,152,207,482 12,297,685 6,186,834 18,484,519
69 1,145,844,968 12,232,004 6,362,514 18,594,519
70 1,139,304,908 12,164,459 6,540,060 18,704,519
71 1,132,585,418 12,095,029 6,719,490 18,814,519
72 1,125,684,593 12,023,694 6,900,825 18,924,519
73 1,118,600,508 11,950,434 7,084,085 19,034,519
74 1,111,331,218 11,875,228 7,269,291 19,144,519
75 1,103,874,755 11,798,056 7,456,463 19,254,519
76 1,096,229,133 11,718,897 7,645,622 19,364,519
77 1,088,392,345 11,637,730 7,836,789 19,474,519
78 1,080,362,360 11,554,534 8,029,985 19,584,519
79 1,072,137,127 11,469,286 8,225,233 19,694,519
 80 1,063,714,574 11,381,966 8,422,553 19,804,519
81 1,055,092,606 11,292,551 8,621,968 19,914,519
82 1,046,269,106 11,201,019 8,823,500 20,024,519
83 1,037,241,934 11,107,347 9,027,172 20,134,519
84 1,028,008,929 11,011,513 9,233,005 20,244,519
85 1,018,567,905 10,913,494 9,441,024 20,354,519
86 1,008,916,653 10,813,267 9,651,252 20,464,519
87 999,052,942 10,710,808 9,863,711 20,574,519
88 988,974,517 10,606,093 10,078,425 20,684,519
89 978,679,097 10,499,099 10,295,419 20,794,519
90 968,164,380 10,389,802 10,514,717 20,904,519
91 957,428,037 10,278,176 10,736,343 21,014,519
92 946,467,716 10,164,197 10,960,321 21,124,519
93 935,281,038 10,047,841 11,186,678 21,234,519
94 923,865,601 9,929,081 11,415,437 21,344,519
95 912,218,975 9,807,893 11,646,625 21,454,519
96 900,338,708 9,684,251 11,880,268 21,564,519
97 888,222,318 9,558,128 12,116,390 21,674,519
98 875,867,298 9,429,499 12,355,020 21,784,519
99 863,271,116 9,298,336 12,596,182 21,894,519
100 850,431,210 9,164,613 12,839,905 22,004,519
101 837,344,995 9,028,303 13,086,216 22,114,519
102 824,009,854 8,889,378 13,335,141 22,224,519
103 810,423,145 8,747,810 13,586,709 22,334,519
104 796,582,198 8,603,572 13,840,947 22,444,519
105 782,484,314 8,456,634 14,097,885 22,554,519
106 768,126,764 8,306,969 14,357,550 22,664,519
107 753,506,792 8,154,547 14,619,972 22,774,519
108 738,621,613 7,999,339 14,885,179 22,884,519
109 723,468,410 7,841,316 15,153,203 22,994,519
110 708,044,339 7,680,447 15,424,071 23,104,519
111 692,346,523 7,516,703 15,697,816 23,214,519
112 676,372,057 7,350,053 15,974,466 23,324,519
113 660,118,004 7,180,465 16,254,053 23,434,519
114 643,581,395 7,007,910 16,536,609 23,544,519
115 626,759,232 6,832,355 16,822,164 23,654,519
116 609,648,481 6,653,768 17,110,750 23,764,519
117 592,246,081 6,472,118 17,402,401 23,874,519
118 574,548,934 6,287,372 17,697,147 23,984,519
119 556,553,911 6,099,496 17,995,022 24,094,519
120 538,257,851 5,908,458 18,296,060 24,204,519
121 519,657,557 5,714,225 18,600,294 24,314,519
122 500,749,800 5,516,761 18,907,757 24,424,519
123 481,531,315 5,316,034 19,218,485 24,534,519
124 461,998,803 5,112,007 19,532,511 24,644,519
125 442,148,932 4,904,647 19,849,871 24,754,519
126 421,978,332 4,693,918 20,170,600 24,864,519
127 401,483,597 4,479,784 20,494,734 24,974,519
128 380,661,288 4,262,209 20,822,310 25,084,519
129 359,507,925 4,041,156 21,153,362 25,194,519
130 338,019,996 3,816,589 21,487,930 25,304,519
131 316,193,947 3,588,470 21,826,049 25,414,519
132 294,026,190 3,356,762 22,167,757 25,524,519
133 271,513,097 3,121,425 22,513,093 25,634,519
134 248,651,001 2,882,423 22,862,096 25,744,519
135 225,436,198 2,639,716 23,214,803 25,854,519
136 201,864,944 2,393,264 23,571,255 25,964,519
137 177,933,453 2,143,028 23,931,491 26,074,519
138 153,637,902 1,888,968 24,295,551 26,184,519
139 128,974,426 1,631,043 24,663,476 26,294,519
140 103,939,119 1,369,212 25,035,307 26,404,519
141 78,528,033 1,103,433 25,411,086 26,514,519
142 52,737,180 833,665 25,790,853 26,624,519
143 26,562,527 559,866 26,174,653 26,734,519
144 0 281,992 26,562,527 26,844,519
VP 1,254,698,741
n 144
i 1.06%
1+i 101.06%
(1+i)^-n 0.218565921229277
1-(1+i)^-n 0.781434078770723
(1-(1+i)^-n)/i 73.6080662939453 A
L 110,000
L/i 10361574.3314794
n*(1+i)^-n 31.4734926570159 B
A-B 42.1345736369294
L/i*(A-B) 436580516.664236
VP-(L/i*(A-B)) 818,118,224
[VP-(L/i*(A-B)]/A 11,114,519 R
EJERCICIO 16 GRADIENTE DECRECIENTE

VALOR 13548796214
TASA 0.2121 N.A.Q.A.
PLAZO 5 AÑOS
CUOTAS TRIMESTRE VENCIDO
DECRECE LA CUOTA 850000

CREDITO 13548796214 21.21% NAQA

PLAZO 5 AÑOS 0.88% QA
CUOTA TRIMESTRE VENCIDO 0.89% QV
TASA 0.2121 NAQA 23.74% EA
CUOTA DECRECE TV (850,000.00) 5.47% TV

No. SALDO CAPITAL INTERESES ABN CAPITAL CUOTA

0 13,548,796,214
1 13,152,402,866 741,180,994 396,393,348 1,137,574,342
2 12,735,174,992 719,496,468 417,227,874 1,136,724,342
3 12,295,972,849 696,672,199 439,202,143 1,135,874,342
4 11,833,594,345 672,645,837 462,378,505 1,135,024,342
5 11,346,771,626 647,351,623 486,822,719 1,134,174,342
6 10,834,167,482 620,720,198 512,604,144 1,133,324,342
7 10,294,371,551 592,678,412 539,795,930 1,132,474,342
8 9,725,896,320 563,149,111 568,475,231 1,131,624,342
9 9,127,172,899 532,050,921 598,723,421 1,130,774,342
10 8,496,546,573 499,298,017 630,626,325 1,129,924,342
11 7,832,272,110 464,799,878 664,274,464 1,129,074,342
12 7,132,508,801 428,461,033 699,763,309 1,128,224,342
13 6,395,315,245 390,180,786 737,193,556 1,127,374,342
14 5,618,643,838 349,852,934 776,671,408 1,126,524,342
15 4,800,334,959 307,365,463 818,308,879 1,125,674,342
16 3,938,110,849 262,600,232 862,224,110 1,124,824,342
17 3,029,569,145 215,432,638 908,541,704 1,123,974,342
18 2,072,176,063 165,731,260 957,393,082 1,123,124,342
19 1,063,259,210 113,357,489 1,008,916,853 1,122,274,342
20 - 0 58,165,132 1,063,259,210 1,121,424,342
VP 13,548,796,214
n 20
i 5.47%
1+i 105.47%
(1+i)^-n 0.344654133112426
1-(1+i)^-n 0.655345866887574
(1-(1+i)^-n)/i 11.9797292095695 A
L - 850,000
L/i -15538008.7716048
n*(1+i)^-n 6.89308266224851 B
A-B 5.08664654732097
L/i*(A+B) -79036358.6703264
VP-(L/i*(A-B)) 13,627,832,573
[VP-(L/i*(A-B)]/A 1,137,574,342 R