PRIMERA PRÁCTICA DE GESTIÓN DEL FINANCIAMIENTO E INVERSIONES.

1.-

Prestamo: S/ 80,000.00
C.Trimestrales 24
Cuota S/ 8,000.00
TET 8.63%
TEC 11.67%

N° CUOTA INTERES AMORTIZACIÓN VALOR (P)

0 S/ - S/ - S/ - S/ 80,000.00
1 S/ 8,000.00 S/ 6,902.24 S/ 1,097.76 S/ 78,902.24
2 S/ 8,000.00 S/ 6,807.53 S/ 1,192.47 S/ 77,709.78
3 S/ 8,000.00 S/ 6,704.65 S/ 1,295.35 S/ 76,414.42
4 S/ 8,000.00 S/ 6,592.89 S/ 1,407.11 S/ 75,007.31
5 S/ 8,000.00 S/ 6,471.48 S/ 1,528.52 S/ 73,478.79
6 S/ 8,000.00 S/ 6,339.61 S/ 1,660.39 S/ 71,818.40
7 S/ 8,000.00 S/ 6,196.35 S/ 1,803.65 S/ 70,014.75
8 S/ 8,000.00 S/ 6,040.74 S/ 1,959.26 S/ 68,055.49
9 S/ 8,000.00 S/ 5,871.69 S/ 2,128.31 S/ 65,927.18
10 S/ 8,000.00 S/ 5,688.07 S/ 2,311.93 S/ 63,615.25
11 S/ 8,000.00 S/ 5,488.60 S/ 2,511.40 S/ 61,103.85
12 S/ 8,000.00 S/ 5,271.92 S/ 2,728.08 S/ 58,375.77
13 S/ 8,000.00 S/ 5,036.55 S/ 2,963.45 S/ 55,412.32
14 S/ 8,000.00 S/ 4,780.87 S/ 3,219.13 S/ 52,193.19
15 S/ 8,000.00 S/ 4,503.13 S/ 3,496.87 S/ 48,696.31
16 S/ 8,000.00 S/ 4,201.42 S/ 3,798.58 S/ 44,897.74
17 S/ 8,000.00 S/ 3,873.69 S/ 4,126.31 S/ 40,771.42
18 S/ 8,000.00 S/ 3,517.68 S/ 4,482.32 S/ 36,289.10
19 S/ 8,000.00 S/ 3,130.95 S/ 4,869.05 S/ 31,420.06
20 S/ 8,000.00 S/ 2,710.86 S/ 5,289.14 S/ 26,130.92
21 S/ 8,000.00 S/ 2,254.52 S/ 5,745.48 S/ 20,385.44
22 S/ 8,000.00 S/ 1,758.82 S/ 6,241.18 S/ 14,144.26
23 S/ 8,000.00 S/ 1,220.34 S/ 6,779.66 S/ 7,364.60
24 S/ 8,000.00 S/ 635.40 S/ 7,364.60 S/ 0.00
2.-

Deuda: S/ 35,000.00
C. Bimestral 36
TEB 5%

N° CUOTA BONO EXTRA INTERES

0 S/ - S/ -
1 S/ 1,733.03 S/ 1,750.00
2 S/ 1,733.03 S/ 1,750.85
3 S/ 1,733.03 S/ 1,751.74
4 S/ 1,733.03 S/ 1,752.68
5 S/ 1,733.03 S/ 1,753.66
6 S/ 1,733.03 S/ 2,599.54 S/ 1,754.69
7 S/ 1,733.03 S/ 1,625.80
8 S/ 1,733.03 S/ 1,620.43
9 S/ 1,733.03 S/ 1,614.80
10 S/ 1,733.03 S/ 1,608.89
11 S/ 1,733.03 S/ 1,602.69
12 S/ 1,733.03 S/ 2,599.54 S/ 1,596.17
13 S/ 1,733.03 S/ 1,459.35
14 S/ 1,733.03 S/ 1,445.66
15 S/ 1,733.03 S/ 1,431.30
16 S/ 1,733.03 S/ 1,416.21
17 S/ 1,733.03 S/ 1,400.37
18 S/ 1,733.03 S/ 2,599.54 S/ 1,383.74
19 S/ 1,733.03 S/ 1,236.29
20 S/ 1,733.03 S/ 1,211.46
21 S/ 1,733.03 S/ 1,185.38
22 S/ 1,733.03 S/ 1,158.00
23 S/ 1,733.03 S/ 1,129.24
24 S/ 1,733.03 S/ 2,599.54 S/ 1,099.06
25 S/ 1,733.03 S/ 937.38
26 S/ 1,733.03 S/ 897.60
27 S/ 1,733.03 S/ 855.83
28 S/ 1,733.03 S/ 811.97
29 S/ 1,733.03 S/ 765.91
30 S/ 1,733.03 S/ 2,599.54 S/ 717.56
31 S/ 1,733.03 S/ 536.81
32 S/ 1,733.03 S/ 477.00
33 S/ 1,733.03 S/ 414.19
34 S/ 1,733.03 S/ 348.25
35 S/ 1,733.03 S/ 279.01
36 S/ 1,733.03 S/ 2,599.54 S/ 206.31
 3.-

AMORTIZACIÓN VALOR (P) CREDITO: S/ 120,000.00

S/ - S/ 35,000.00 TEA 12%
-S/ 16.97 S/ 35,016.97 a) TET 2.87%
-S/ 17.82 S/ 35,034.79 b) N. Periodos 45.0
-S/ 18.71 S/ 35,053.50 c) Cuota S/ 11,964.76
-S/ 19.65 S/ 35,073.15
-S/ 20.63 S/ 35,093.78 N° CUOTA
S/ 2,577.88 S/ 32,515.90 0 S/ -
S/ 107.23 S/ 32,408.67 1 S/ 11,964.76
S/ 112.59 S/ 32,296.07 2 S/ 11,964.76
S/ 118.22 S/ 32,177.85 3 S/ 11,964.76
S/ 124.14 S/ 32,053.71 4 S/ 11,964.76
S/ 130.34 S/ 31,923.37 5 S/ 11,964.76
S/ 2,736.40 S/ 29,186.97 6 S/ 11,964.76
S/ 273.68 S/ 28,913.29 7 S/ 11,964.76
S/ 287.36 S/ 28,625.93 8 S/ 11,964.76
S/ 301.73 S/ 28,324.20 9 S/ 11,964.76
S/ 316.82 S/ 28,007.38 10 S/ 11,964.76
S/ 332.66 S/ 27,674.72 11 S/ 11,964.76
S/ 2,948.83 S/ 24,725.88 12 S/ 11,964.76
S/ 496.73 S/ 24,229.15
S/ 521.57 S/ 23,707.58
S/ 547.65 S/ 23,159.93 d) Nueva cuota: S/ 4,786.00
S/ 575.03 S/ 22,584.90 Bono: S/ 25,000.00
S/ 603.78 S/ 21,981.12
S/ 3,233.51 S/ 18,747.60 N° CUOTA
S/ 795.65 S/ 17,951.96 0 S/ -
S/ 835.43 S/ 17,116.53 1 S/ 4,786.00
S/ 877.20 S/ 16,239.32 2 S/ 4,786.00
S/ 921.06 S/ 15,318.26 3 S/ 4,786.00
S/ 967.11 S/ 14,351.15 4 S/ 4,786.00
S/ 3,615.01 S/ 10,736.13 5 S/ 4,786.00
S/ 1,196.22 S/ 9,539.91 6 S/ 4,786.00
S/ 1,256.03 S/ 8,283.88 7 S/ 4,786.00
S/ 1,318.83 S/ 6,965.05 8 S/ 4,786.00
S/ 1,384.78 S/ 5,580.27 9 S/ 4,786.00
S/ 1,454.01 S/ 4,126.26 10 S/ 4,786.00
S/ 4,126.26 -S/ 0.00 11 S/ 4,786.00
12 S/ 4,786.00
13 S/ 4,786.00
14 S/ 4,786.00
15 S/ 4,786.00
16 S/ 4,786.00
17 S/ 4,786.00
18 S/ 4,786.00
19 S/ 4,786.00
20 S/ 4,786.00
21 S/ 3,370.11
22 S/ 3,370.11
23 S/ 3,370.11
24 S/ 3,370.11
25 S/ 3,370.11
26 S/ 3,370.11
27 S/ 3,370.11
28 S/ 3,370.11
29 S/ 3,370.11
30 S/ 3,370.11
31 S/ 3,370.11
32 S/ 3,370.11
33 S/ 3,370.11
34 S/ 3,370.11
35 S/ 3,370.11
36 S/ 3,370.11
37 S/ 3,370.11
38 S/ 3,370.11
39 S/ 3,370.11
40 S/ 3,370.11
41 S/ 3,370.11
42 S/ 3,370.11
43 S/ 3,370.11
44 S/ 3,370.11
45 S/ 3,370.11
 4.-

Meses Aprox

BONO EXTRA INTERES AMORTIZACIÓN VALOR (P)

S/ - S/ - S/ 120,000.00
S/ 3,448.48 S/ 8,516.28 S/ 111,483.72
S/ 3,203.75 S/ 8,761.02 S/ 102,722.70
S/ 2,951.98 S/ 9,012.79 S/ 93,709.91
S/ 2,692.97 S/ 9,271.79 S/ 84,438.12
S/ 2,426.53 S/ 9,538.24 S/ 74,899.89
S/ 2,152.42 S/ 9,812.34 S/ 65,087.55
S/ 1,870.44 S/ 10,094.32 S/ 54,993.22
S/ 1,580.36 S/ 10,384.40 S/ 44,608.82
S/ 1,281.94 S/ 10,682.83 S/ 33,925.99
S/ 974.94 S/ 10,989.82 S/ 22,936.17
S/ 659.12 S/ 11,305.64 S/ 11,630.53
S/ 334.23 S/ 11,630.53 S/ -
S/ 23,577.17
Se calcularia según el inciso b, ya que en el inciso c el plazo es de 3 años y en 3
años hay 12 trimestres, por lo cual sería imposible abonar 25000 en el periodo
20.

BONO EXTRA INTERES AMORTIZACIÓN VALOR (P)

S/ - S/ - S/ 120,000.00
S/ 3,448.48 S/ 1,337.52 S/ 118,662.48
S/ 3,410.04 S/ 1,375.96 S/ 117,286.53
S/ 3,370.50 S/ 1,415.50 S/ 115,871.03
S/ 3,329.83 S/ 1,456.17 S/ 114,414.86
S/ 3,287.98 S/ 1,498.02 S/ 112,916.83
S/ 3,244.93 S/ 1,541.07 S/ 111,375.76
S/ 3,200.64 S/ 1,585.36 S/ 109,790.41
S/ 3,155.08 S/ 1,630.92 S/ 108,159.49
S/ 3,108.22 S/ 1,677.78 S/ 106,481.71
S/ 3,060.00 S/ 1,726.00 S/ 104,755.71
 S/ 3,010.40 S/ 1,775.60 S/ 102,980.11
S/ 2,959.37 S/ 1,826.63 S/ 101,153.49
S/ 2,906.88 S/ 1,879.12 S/ 99,274.37
S/ 2,852.88 S/ 1,933.12 S/ 97,341.25
S/ 2,797.33 S/ 1,988.67 S/ 95,352.58
S/ 2,740.18 S/ 2,045.82 S/ 93,306.76
S/ 2,681.39 S/ 2,104.61 S/ 91,202.15
S/ 2,620.91 S/ 2,165.09 S/ 89,037.06
S/ 2,558.69 S/ 2,227.31 S/ 86,809.75
S/ 25,000.00 S/ 2,494.68 S/ 27,291.32 S/ 59,518.43
La nueva cuota
S/ 1,710.40 S/ 1,659.71 S/ 57,858.72 sería S/.3370.11
S/ 1,662.71 S/ 1,707.40 S/ 56,151.32
S/ 1,613.64 S/ 1,756.47 S/ 54,394.85
S/ 1,563.16 S/ 1,806.94 S/ 52,587.91
S/ 1,511.24 S/ 1,858.87 S/ 50,729.04
S/ 1,457.82 S/ 1,912.29 S/ 48,816.75
S/ 1,402.86 S/ 1,967.24 S/ 46,849.51
S/ 1,346.33 S/ 2,023.78 S/ 44,825.73
S/ 1,288.17 S/ 2,081.93 S/ 42,743.79
S/ 1,228.34 S/ 2,141.76 S/ 40,602.03
S/ 1,166.79 S/ 2,203.31 S/ 38,398.72
S/ 1,103.48 S/ 2,266.63 S/ 36,132.09
S/ 1,038.34 S/ 2,331.77 S/ 33,800.32
S/ 971.33 S/ 2,398.78 S/ 31,401.54
S/ 902.40 S/ 2,467.71 S/ 28,933.83
S/ 831.48 S/ 2,538.63 S/ 26,395.21
S/ 758.53 S/ 2,611.58 S/ 23,783.63
S/ 683.48 S/ 2,686.63 S/ 21,097.00
S/ 606.27 S/ 2,763.84 S/ 18,333.17
S/ 526.85 S/ 2,843.26 S/ 15,489.91
S/ 445.14 S/ 2,924.97 S/ 12,564.94
S/ 361.08 S/ 3,009.02 S/ 9,555.91
S/ 274.61 S/ 3,095.50 S/ 6,460.42
S/ 185.66 S/ 3,184.45 S/ 3,275.96
S/ 94.14 S/ 3,275.96 S/ -
S/ 84,972.68
VENCIMEINTOS 11/29/2023
AÑOS 0
FC1 -S/ 3,400.00

Traemos al presente al saldo negativo y lo sum

Flujos nuevos -S/ 3,536.12
TMAR 8%
TIR 13.68%
TIRM 13.53%
VPN S/ 1,524.58

VENCIMEINTOS 11/29/2023
AÑOS 0
FC1 -S/ 23,000.00
TIMAR 10%
TIR 11%
TIRM 11%
VPN S/ 865.97

VENCIMEINTOS 11/29/2023
AÑOS 0
FC1 -S/ 70,000.00
TMAR 12%
TIR 4%
VPN -S/ 27,658.58
 3/2/2024 7/2/2024 11/2/2024 3/2/2025 7/2/2025 11/2/2025 3/2/2026 7/2/2026
1 2 3 4 5 6 7 8
S/ 500.00 S/ 600.00 S/ 450.00 S/ 700.00 -S/ 200.00 S/ 350.00 S/ 600.00 S/ 500.00
-S/ 136.12
al saldo negativo y lo sumamos a la inversión principal(Saldo 0)
S/ 500.00 S/ 600.00 S/ 450.00 S/ 700.00 S/ - S/ 350.00 S/ 600.00 S/ 500.00

SOLO SE CALCULARIA LA TIR MODIFICADA EN EL FLUJO A, YA QUE SOLO EN ESTE

FLUJO TENEMOS SALDOS NEGATIVOS, EN LOS OTROS FLUJOS LA TIR SERÍA IGUAL A
LA TIRM .

3/2/2024 7/2/2024 11/2/2024 3/2/2025 7/2/2025 11/2/2025 3/2/2026 7/2/2026

1 2 3 4 5 6 7 8
S/ 3,500.00 S/ 2,300.00 S/ 3,500.00 S/ 200.00 S/ 2,500.00 S/ - S/ 4,300.00 S/ 5,000.00

3/2/2024 7/2/2024 11/2/2024 3/2/2025 7/2/2025 11/2/2025 3/2/2026 7/2/2026

1 2 3 4 5 6 7 8
S/ 4,600.00 S/ 6,400.00 S/ 6,000.00 S/ 7,500.00 S/ 8,000.00 S/ 7,000.00 S/ 5,700.00 S/ 4,500.00
 11/2/2026 3/2/2027 7/2/2027 11/2/2027 3/2/2028 7/2/2028 11/2/2028
9 10 11 12 13 14 15
S/ 750.00 S/ 860.00 S/ 780.00 S/ 500.00 S/ 900.00 S/ 950.00 S/ 1,300.00

S/ 750.00 S/ 860.00 S/ 780.00 S/ 500.00 S/ 900.00 S/ 950.00 S/ 1,300.00

O EN ESTE
ERÍA IGUAL A

11/2/2026 3/2/2027 7/2/2027 11/2/2027 3/2/2028 7/2/2028 11/2/2028

9 10 11 12 13 14 15
S/ 3,900.00 S/ 4,000.00 S/ 2,750.00 S/ 3,700.00 S/ 6,000.00 S/ 4,000.00 S/ 7,500.00

11/2/2026 3/2/2027 7/2/2027 11/2/2027 3/2/2028 7/2/2028 11/2/2028

9 10 11 12 13 14 15
S/ 5,000.00 S/ 6,000.00 S/ 4,500.00 S/ 5,500.00 S/ 7,500.00 S/ 8,400.00 S/ 9,500.00
5.-

Credito S/ 120,000.00
N.Periodos 30
TEA 48.00%
TET 10.30%
Desgravamen 0.15% S/ 180.00
TCET 10.45%
TCEA 48.81%

FECHAS N° CUOTA PORTE SEGURO INTERES AMORTIZACIÓN

11/3/2023 0 S/ - S/ - S/ -
2/9/2024 1 S/ 13,046.42 S/ 12,356.93 S/ 689.49
5/9/2024 2 S/ 13,046.42 S/ 12,285.93 S/ 760.49
8/9/2024 3 S/ 13,046.42 S/ 10.0 S/ 180.00 S/ 12,207.62 S/ 838.80
11/9/2024 4 S/ 13,046.42 S/ 12,121.24 S/ 925.18
2/9/2025 5 S/ 13,046.42 S/ 12,025.97 S/ 1,020.45
5/9/2025 6 S/ 13,046.42 S/ 10.0 S/ 180.00 S/ 11,920.89 S/ 1,125.53
8/9/2025 7 S/ 13,046.42 S/ 11,804.99 S/ 1,241.43
11/9/2025 8 S/ 13,046.42 S/ 11,677.16 S/ 1,369.26
2/9/2026 9 S/ 13,046.42 S/ 10.0 S/ 180.00 S/ 11,536.16 S/ 1,510.26
5/9/2026 10 S/ 13,046.42 S/ 11,380.64 S/ 1,665.78
8/9/2026 11 S/ 13,046.42 S/ 11,209.11 S/ 1,837.31
11/9/2026 12 S/ 13,046.42 S/ 10.0 S/ 180.00 S/ 11,019.91 S/ 2,026.51
2/9/2027 13 S/ 13,046.42 S/ 10,811.23 S/ 2,235.19
5/9/2027 14 S/ 13,046.42 S/ 10,581.07 S/ 2,465.35
8/9/2027 15 S/ 13,046.42 S/ 10.0 S/ 180.00 S/ 10,327.20 S/ 2,719.22
11/9/2027 16 S/ 13,046.42 S/ 10,047.19 S/ 2,999.23
2/9/2028 17 S/ 13,046.42 S/ 9,738.34 S/ 3,308.07
5/9/2028 18 S/ 13,046.42 S/ 10.0 S/ 180.00 S/ 9,397.70 S/ 3,648.72
8/9/2028 19 S/ 13,046.42 S/ 9,021.97 S/ 4,024.45
11/9/2028 20 S/ 13,046.42 S/ 8,607.56 S/ 4,438.86
2/9/2029 21 S/ 13,046.42 S/ 10.0 S/ 180.00 S/ 8,150.47 S/ 4,895.95
5/9/2029 22 S/ 13,046.42 S/ 7,646.31 S/ 5,400.11
8/9/2029 23 S/ 13,046.42 S/ 7,090.24 S/ 5,956.18
11/9/2029 24 S/ 13,046.42 S/ 10.0 S/ 180.00 S/ 6,476.90 S/ 6,569.51
2/9/2030 25 S/ 13,046.42 S/ 5,800.41 S/ 7,246.01
5/9/2030 26 S/ 13,046.42 S/ 5,054.26 S/ 7,992.16
8/9/2030 27 S/ 13,046.42 S/ 10.0 S/ 180.00 S/ 4,231.27 S/ 8,815.15
11/9/2030 28 S/ 13,046.42 S/ 3,323.54 S/ 9,722.88
2/9/2031 29 S/ 13,046.42 S/ 2,322.33 S/ 10,724.09
5/9/2031 30 S/ 13,046.42 S/ 10.0 S/ 180.00 S/ 1,218.02 S/ 11,828.40
 VALOR (P) CUOTA REAL A PAGAR
S/ 120,000.00 S/ -
S/ 119,310.51 S/ 13,046.42
S/ 118,550.02 S/ 13,046.42
S/ 117,711.22 S/ 13,236.42
S/ 116,786.04 S/ 13,046.42
S/ 115,765.59 S/ 13,046.42
S/ 114,640.07 S/ 13,236.42
S/ 113,398.64 S/ 13,046.42
S/ 112,029.38 S/ 13,046.42
S/ 110,519.12 S/ 13,236.42
S/ 108,853.34 S/ 13,046.42
S/ 107,016.03 S/ 13,046.42
S/ 104,989.52 S/ 13,236.42
S/ 102,754.34 S/ 13,046.42
S/ 100,288.99 S/ 13,046.42
S/ 97,569.76 S/ 13,236.42
S/ 94,570.53 S/ 13,046.42
S/ 91,262.46 S/ 13,046.42
S/ 87,613.74 S/ 13,236.42
S/ 83,589.29 S/ 13,046.42
S/ 79,150.43 S/ 13,046.42
S/ 74,254.48 S/ 13,236.42
S/ 68,854.37 S/ 13,046.42
S/ 62,898.19 S/ 13,046.42
S/ 56,328.68 S/ 13,236.42
S/ 49,082.67 S/ 13,046.42
S/ 41,090.51 S/ 13,046.42
S/ 32,275.37 S/ 13,236.42
S/ 22,552.48 S/ 13,046.42
S/ 11,828.40 S/ 13,046.42
S/ 0.00 S/ 13,236.42