PRACTICAL ECONOMIC ENGINEERING II FINANCIAL ENGINEERING

Simple Interest Operations: semester I/2024

1.- A merchant acquires items for his business for a value of $8600, paying 30% in cash and the rest with
direct financing from the supplier; two months later makes a payment of $2000 leaving the debt to be settled
through a final payment after 6 months. Find the value of the final payment considering that the money is financed at
7%. $4,184.03

2. A businessman acquires a debt of $7500 to be paid over 10 months with an interest rate of 8%; three months later he...
Make a payment of $3000, remaining to settle the debt with a final payment in 2 months before the due date;
find the value of the final payment considering a rate of 8.25% for the settlement. Take the focal date as 8
months. $4,788.37

3. A debt of $70,000 is incurred today, if a payment of $30,000 is made within 2 months and a commitment is made to
cancel the debt through two equal payments at 4 and 6 months respectively, what should be the value of these payments if
Consider a money yield of 11%. Take a focal date in 6 months. $21,180.44

4. Esteban requests a loan of $1500 to be paid in 3 months with an interest rate of 10%; another loan of $5000 to be paid in
10 months with an interest rate of 9%. By mutual agreement with the creditors, the debts will be settled through a one-time payment.
in 5 months; find the value of the lump sum payment if a rate of 9.5% is applied in the settlement. Take as the focal date on
five months. $ 6,732.18

5. Una empresa debe $ 5000 con vencimiento en 3 meses, $ 2000 con vencimiento en 6 meses y $4800 con vencimiento
in 9 months; wishes to settle his debts through two equal payments due in 6 months and 12 months
respectively. Determine the amount of each payment assuming a return of 6% for the settlement and taking
as a focal date, the date of a year. $5,988.67

A person bought a used car for $6000 on June 1st, paying $2500 in cash and committing to
pay an interest of 10% on the balance. If on August 15 he pays $1000, how much should he disburse on the 30th?
November to settle the debt? Take November 30th as the focal date. $ 2,647.22

7. A company has three accounts payable: $1800 in 3 months, $2500 in 6 months, and $3500 in one year. What should be the
value of the immediate lump sum payment through which the company cancels all its debts, considering an interest rate of 8.5%?
$ 7,386.43

A lender acquires today from a company two promissory notes: one for $7500 at 10% maturing in 100 days.
and another for $4500 at 8% due in three months. What amount should he deliver to the company if an interest rate is applied
9%? $ 12,009.32

9. Lorena takes out a loan of $10,000 to be paid in a year at 7%; later she negotiates with the bank.
to pay this debt through three equal payments to be made in three, five, and eight months respectively; find the value
of such payments if an interest rate of 8% is agreed upon in the negotiation; take the end of the year as the focal date.
$ 3,414.89

10. A person must pay off three promissory notes as follows: $60,000 within 5 months, $80,000 within 8 months, and $120,000.
in 18 months. If it is agreed to pay $40,000 today and the rest in month 10. Determine the payment amount so that the debts
They are settled. Please note an interest rate of 25% and the focal date in month 8. R. 204,576,748

$70,000 due in 8 months with an interest rate of 20%, and $120,000 with
maturity in 20 months and interest of 30%. If they will be cancelled with a payment of $50,000 today and $X in month 12.
Determine the value 46 of the payment, if the interest rate for this case is 28%. Set the focal date in month 15.
R: 173817.89

12.- A person owes $5,000,000 that must be settled within 8 months, and that already includes the interest, $4,500,000.
hired today at 20% to be paid within six months. If you decide to settle your debts with 2 equal payments, one within 10
months and the other within a year, and the operation is calculated at 28%. What will be the value of the two equal payments if it is used
as the focal date: 10 b) Month 12. R/. $ 5,428,087.49

13.- A debt of $250,000 due in 12 months, without interest, and another of $150,000 due in 20.
months and interest of 24%, will be settled by two equal payments of $ X each due in 10 and 15 months
respectively. With an interest rate of 20%, find the value of the payments. Set the focal date in month 15.
$ 219,049.66
14.- A debt of $350,000, due in 15 months and another of $X due in 24 months with interests of
28%, will be canceled through two equal payments of $250,000 each, due in months 12 and 18
respectively. Determine the value of $X, if the interest rate is 30% and setting the focal date in month 20.
$111,937.67
15.- A person incurred a debt 8 months ago for $2,000,000 with 30% simple interest, due in 4 months.
months. In addition, he must pay another debt of $1,500,000 incurred 2 months ago, with 35% simple interest and that is due
in two months. If the interest rate is 32%. What payment should be made today to settle your debts, if
commits to pay $1,000,000 within six months. Set the focal date to today.
$ 3,077,518.49
16.- Calculate the commercial and real simple interest of $5,800,000 at 28% from July 7, 2006 to September 1, 2006.
$252,622.22 and $249,161.64. 49
17.- Mr. García signed a promissory note on May 4, 1997, due on May 4 of the same year. If the principal
The loan was $63,400,000, calculate the maturity value if the interest rate was 9.3% quarterly.
$ 71,261,600.
18.- Using a calendar year, obtain the maturity value of a promissory note that has the following characteristics: date
November 3, 1997
simple 32%.
$74,319,240.55
PRACTICAL ECONOMIC ENGINEERING II FINANCIAL ENGINEERING
THE PRACTICAL MUST BE SUBMITTED ON THE DATE OF THE EXAM (GOOD LUCK)

COMPOUND INTEREST.

A person deposits $720,000 in a bank that pays 3% quarterly compound interest, how much will they be able to withdraw?
concept of interest if the deposit is for 4 years
A person deposited $20,000 in an institution that offers 1.5% monthly compounded interest, which according to their
It would be a 5-year plan. However, at the end of 2 years, he withdraws $10,000 from his account. How much will he be able to withdraw from the
institution after 5 years, capital plus interest?
3. A person requests a loan of $20,000 from a bank, which is credited to the account on 05/26, what will be the
amount to be paid on 07/24 of the following year, date when the loan is settled, if the bank charges an interest rate of 5%
annual, with monthly compounding.
The father of a child invested $20,000 on the day the child was born at an annual rate of 15%, with semiannual compounding, to determine the
amount of the fund on the day the boy turned 18 years old.
A lady deposited $250,000 in a credit institution that offered an interest of 6% quarterly with the
intention to keep it deposited for 6 years and then withdraw it to make an investment, however, upon
After 2 years, I need to withdraw $50,000. What is the amount in your account at the end of the scheduled period of 6 years?
6. Calculate how much should be paid for a debt of $400,000, a debt that was obtained for a period of 6 years and 3
months, with an interest rate of 14% compounded semi-annually.
7. Calculate the amount of a debt of $30,750 over 4 years and 3 months, with an interest rate of 6% compounded.
bimonthly.
8. If a loan of $600,000 is taken out for 5 years and 4 months, at an interest rate of 9% compounded semi-annually, how much
One will have to pay off the debt.
9. What amount of money allows to accumulate $200,000 after 3 years and 5 months at a 6% convertible rate?
semiannually?
10. After 3 years and 3 months from the subscription date, a document signed today is negotiated for $2800 at 6.
years and 9 months, with an interest rate of 12% compounded semi-annually, calculate the present value as of that date at
11y 1/4 %
A person has the following obligations: $900 at 12 months term; $1300 at 18 months term; $7 and $1800 at 24 months.
Months of term; if you wish to replace your debts with a single payment today, what will be the amount of the payment?
considering a rate of 15% compounded semi-annually.
12. Una persona tiene las siguientes deudas, $ 1000 a 15 meses; 1500 $ a 21 meses; 2000 a 27 meses de plazo, con
12% effective interest from the subscription; 3000 for a 33-month term; the person wishes to replace all their debts with
two payments over 24 months and 36 months, at a rate of 36% compounded quarterly, calculate the value of those payments,
with a focus date at 24 months.
13. Una empresa tiene las siguientes deudas; $ 2500 a 21 meses de plazo; $3000 a 27 meses de plazo; 3500 a 42 meses
of term; $4000 for 63 months with an effective interest of 9%; $5000 for 75 months; the company wishes
replace with two equal payments at 24 and 60 months term, calculate the payments at 36% semi-annual capitalization,
with a focal date of 60 months.
14. The alpaca textile exporting company has obtained the refinancing of its overdue and upcoming debts; $200
today; $800 for a one-month term; $400 for two months; $200 for four months; $250 for five months and $200 for six months
deadline, respectively, paying an effective rate of 5% per month; calculate the amount to be paid in the 3rd month that
replace the total of your obligations. (2123.53)
15. Calculate the present value of a promissory note whose value at maturity, at the end of 4 years, is $3500, considering a rate
at an interest rate of 12% compounded semi-annually. (2195.94)
16. Calculate the present value of a document with a nominal value of $500,000 for a term of 6 years at 12%.
capitalizable semiannually, from its subscription, if sold two years before the maturity date at 14%
capitalize semiannually (767547.53)
17. A document signed for $3500 for 5 years and 7 months, with a 12% interest rate compounded quarterly, is sold.
after 2 years and 5 months have passed since the subscription date; considering an interest rate of 13%
capitalizable semi-annually, calculate the selling value of said document. (4543.61)
On this date a company is about to pay a debt of $5000 that was due three months ago and another debt of $2000 that
will expire in two months, overdue debts generate an interest rate of 36% and current debts generate
A nominal annual rate of 24% with quarterly capitalization, what amount should the company pay? (7323.31)
PRACTICE ECONOMIC ENGINEERING II FINANCIAL ENGINEERING
PRACTICE # 3 ANNUITIES

Find the amount and the present value of an annuity of $10,000 every quarter for 5 years and 6 months at 12%
capitalizable quarterly.
2. Calculate the present value of a series of payments of $1500 each month for 15 years at an annual interest rate of 10%.
3. If a person deposits $3000 every quarter, how much will they have accumulated in 10 years at a 4% quarterly interest rate.
4. Calculate the amount allocated for the replacement of a fixed asset, from a series of deposits of $10,000 each quarter.
for 7 years at an interest rate of 21% compounded quarterly.
5. Calculate the present value of a series of payments of $860 each month for 4 years at a rate of 5% per month (36619.07)
A woman deposits $5000 monthly if she is paid an interest rate of 8% annually, how much will she accumulate?
count after three years

7.- When purchasing a new vehicle, we committed to paying a monthly sum of $560 for a period of 3 years.
If the interest rate is 18% per year, what was the cash value of that vehicle?

A bank finances houses up to 80% of the market value of the home, if we pay 350 dollars monthly for
What was the cash value of the housing over a period of 15 years? If the interest rate is 7% per year.
Dismac sells refrigerators financed in 18 payments, if each payment is $87 applying an annual interest rate of 15%, how much
How much did the refrigerator cost if we bought it in cash?

Determination of the rent or periodic payment of an annuity.

A company needs to accumulate $80,000 in 9 years; how much money should be deposited at the end of each quarter?
a financial institution that recognizes 12% annual interest compounded quarterly. (12643.04)
2. What amount should be paid each month in order to cancel a debt of $90,000 over 10 years?
considering an interest rate of 15% compounded monthly. (1452.01)
A company needs to accumulate $10,000 through semiannual deposits, in 3 years, at 14% compounded.
semiannually, what amount should be deposited semiannually. (1397.96)
4. Calculate the cash value of an industrial equipment purchased as follows: $6000 cash and 12 quarterly payments of $
2000 at 12% compounded quarterly. (25908.01)

5.- A company needs to accumulate $80,000 in 9 years, how much money should be deposited at the end of each
quarter in a financial institution that recognizes a 12% annual interest compounded quarterly.

6.- calculate the amount allocated for the replacement of a fixed asset, from a series of deposits of $10,000 each
quarterly, for 7 years at an interest rate of 21% compounded quarterly.

7.Mr. X deposits a certain amount of money at a compound interest rate of 2% for 17 months, after
at that time the interest rate increased by ½ point, so Mr. X decided to leave his money deposited for
10 more months, at the end of the mentioned period (10 months) the total produced amounts to $8,963, calculate
What was the capital that Mr. X imposed at 2% for 17 months.

8.- A company will need to renew machinery within 6 months, for which it must have $100,000 available then.
At the moment, for that purpose, it plans to make deposits of $30,000 within 2 months and another deposit to be calculated later.
for 4 months: what will be the value of the second deposit if the annual interest they expect to charge is 15% per year with
monthly capitalization?

Mr. Z made a deposit of $5000 that earns a 5% monthly interest for 15 months, the following month
he/she started to deposit a monthly sum of $500 at the end of each month, for a year, earning monthly interest
With a monthly interest rate of 6%, what is the balance in Mr. Z's account at the end of 25 months?
10.- Juan opens a savings account and plans to deposit $2000 monthly for 2.5 years, earning an interest of 5%
monthly, but after a year the interest increases by one point, so he decides to increase his deposits by 10% the
The value of each deposit, it is desired to know how much could be gathered after 30 months.