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Facultad de Ingeniera Industrial, Sis

Escuela Acadmico Profesional de I

TASA INTERNA DE RET


Ingeniera Econm

ALUMNOS:
ESPINOZA LEN, Jhosep
NOREA NUEZ, Luis Gerard
VISCAINO MEZA, Cesar

DOCENTE:
ING. SILVA TOLEDO, V

HUACHO-PER
de Ingeniera Industrial, Sistemas e Informtica
Acadmico Profesional de Ingeniera Industrial

TASA INTERNA DE RETORNO


Ingeniera Econmica

ALUMNOS:
PINOZA LEN, Jhosep
OREA NUEZ, Luis Gerardo
SCAINO MEZA, Cesar

DOCENTE:
ING. SILVA TOLEDO, VICTOR

HUACHO-PER
2017
La empresa YCHIFORMAS S.A desea comprar una mquina Guillotina que tiene un costo inicial de U.S.$1000 y
de los cuales su valor de salvamento es de s/. 0. Los costos de mantenimiento y operacin es de U.S.$ 350 anua
por el aprovechamiento de la maquina asciendan a U.S.$ 600 anuales Cul es la TIR de esta inversin? La tasa m
rendimiento es de 15%.

AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
15.000%
0 S/. 1,000.00 S/. 1.00 S/. 1,000.00
1 S/. 250.00 S/. 0.87 S/. -
2 S/. 250.00 S/. 0.76 S/. -
3 S/. 250.00 S/. 0.66 S/. -
4 S/. 250.00 S/. 0.57 S/. -
5 S/. 250.00 S/. 0.50 S/. -
6 S/. 250.00 S/. 0.43 S/. -
7 S/. 250.00 S/. 0.38 S/. -
8 S/. 250.00 S/. 0.33 S/. -
Total S/. 1,000.00 S/. 2,000.00 S/. 1,000.00

VAN S/. 121.83


TIR 18.624% Se acepta
TREMA 15.000%
osto inicial de U.S.$1000 y una vida til de 8 aos, al cabo
cin es de U.S.$ 350 anuales y se espera que los ingresos
de esta inversin? La tasa mnima requerida de

BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 1,000.00


S/. 217.39 S/. 217.39
S/. 189.04 S/. 189.04
S/. 164.38 S/. 164.38
S/. 142.94 S/. 142.94
S/. 124.29 S/. 124.29
S/. 108.08 S/. 108.08
S/. 93.98 S/. 93.98
S/. 81.73 S/. 81.73
S/. 1,121.83 S/. 121.83
Un propietario de un terreno. Debe seleccionar una alternativa entre varias, tratando de obtener un rendimiento
Despus de un detenido estudio y de algunos clculos, nos muestra la informacin de las siguientes alternativas

Si el propietario quiere una tasa mnima requerida del 8% sobre su inversin Cul de las dos alternativas debe e

AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
8.000%
0 S/. 40,000.00 S/. 1.00 S/. 40,000.00
1 S/. 9,000.00 S/. 0.93 S/. -
Anlisis de A

2 S/. 9,000.00 S/. 0.86 S/. -


3 S/. 9,000.00 S/. 0.79 S/. -
4 S/. 9,000.00 S/. 0.74 S/. -
5 S/. 9,000.00 S/. 0.68 S/. -
Total S/. 40,000.00 S/. 45,000.00 S/. 40,000.00

VAN -S/. 4,065.61


TIR 4.059% Se rechaza
TREMA 8.000%

AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
8.000%
0 S/. 60,000.00 S/. 1.00 S/. 60,000.00
1 S/. 15,000.00 S/. 0.93 S/. -
Anlisis de B

2 S/. 15,000.00 S/. 0.86 S/. -


3 S/. 15,000.00 S/. 0.79 S/. -
4 S/. 15,000.00 S/. 0.74 S/. -
5 S/. 15,000.00 S/. 0.68 S/. -
Total S/. 60,000.00 S/. 75,000.00 S/. 60,000.00

VAN -S/. 109.35


TIR 7.931% Se rechaza
TREMA 8.000%

AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
eC
AO DE
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
8.000%
0 S/. 80,000.00 S/. 1.00 S/. 80,000.00
1 S/. 22,000.00 S/. 0.93 S/. -
Anlisis de C
2 S/. 22,000.00 S/. 0.86 S/. -
3 S/. 22,000.00 S/. 0.79 S/. -
4 S/. 22,000.00 S/. 0.74 S/. -
5 S/. 22,000.00 S/. 0.68 S/. -
Total S/. 80,000.00 S/. 110,000.00 S/. 80,000.00

VAN S/. 7,839.62


TIR 11.649% Se acepta
TREMA 8.000%
de obtener un rendimiento adecuado sobre su inversin. FICHA DE RESUMEN A
las siguientes alternativas eran:

Costo inicial (US$) S/. 40,000.00


Beneficio Neto Anual (US$) S/. 9,000.00
N de periodos 5
TMRR 8%
VP -S/. 4,065.61
TIR 4.059%

las dos alternativas debe elegir?

BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 40,000.00


S/. 8,333.33 S/. 8,333.33
S/. 7,716.05 S/. 7,716.05
S/. 7,144.49 S/. 7,144.49
S/. 6,615.27 S/. 6,615.27
S/. 6,125.25 S/. 6,125.25
S/. 35,934.39 -S/. 4,065.61

BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 60,000.00


S/. 13,888.89 S/. 13,888.89
S/. 12,860.08 S/. 12,860.08
S/. 11,907.48 S/. 11,907.48
S/. 11,025.45 S/. 11,025.45
S/. 10,208.75 S/. 10,208.75
S/. 59,890.65 -S/. 109.35

BENEFICIOS ACTUALIZADOS FLUJO NETO


BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 80,000.00


S/. 20,370.37 S/. 20,370.37
S/. 18,861.45 S/. 18,861.45
S/. 17,464.31 S/. 17,464.31
S/. 16,170.66 S/. 16,170.66
S/. 14,972.83 S/. 14,972.83
S/. 87,839.62 S/. 7,839.62
B C

S/. 60,000.00 S/. 80,000.00


S/. 15,000.00 S/. 22,000.00
5 5
8% 8%
-S/. 109.35 S/. 7,839.62
7.931% 11.649%
Un propietario de un terreno. Debe seleccionar una alternativa entre varias, tratando de obtener un rendimiento
Despus de un detenido estudio y de algunos clculos, nos muestra la informacin de las siguientes alternativas

Si el propietario quiere una tasa mnima requerida del 8% sobre su inversin Cul de las dos alternativas debe e

AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
8.000%
0 S/. 20,000.00 S/. 1.00 S/. 20,000.00
Anlisis de B/A

1 S/. 6,000.00 S/. 0.93 S/. -


2 S/. 6,000.00 S/. 0.86 S/. -
3 S/. 6,000.00 S/. 0.79 S/. -
4 S/. 6,000.00 S/. 0.74 S/. -
5 S/. 6,000.00 S/. 0.68 S/. -
Total S/. 20,000.00 S/. 30,000.00 S/. 20,000.00

VAN S/. 3,956.26


TIR 15.238% Se acepta
TREMA 8.000%

AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
8.000%
0 S/. 20,000.00 S/. 1.00 S/. 20,000.00
Anlisis de C/B

1 S/. 7,000.00 S/. 0.93 S/. -


2 S/. 7,000.00 S/. 0.86 S/. -
3 S/. 7,000.00 S/. 0.79 S/. -
4 S/. 7,000.00 S/. 0.74 S/. -
5 S/. 7,000.00 S/. 0.68 S/. -
Total S/. 20,000.00 S/. 35,000.00 S/. 20,000.00

VAN S/. 7,948.97


TIR 22.106% Se acepta
TREMA 8.000%
de obtener un rendimiento adecuado sobre su inversin.
las siguientes alternativas eran:

las dos alternativas debe elegir?

BENEFICIOS ACTUALIZADOS FLUJO NETO FICHA DE RESUMEN Anlisis de B/A

S/. - -S/. 20,000.00


S/. 5,555.56 S/. 5,555.56 Costo inicial (US$) S/. 20,000.00
S/. 5,144.03 S/. 5,144.03 Beneficio Neto Anual (US$) S/. 6,000.00
S/. 4,762.99 S/. 4,762.99 N de periodos 5
S/. 4,410.18 S/. 4,410.18 TMRR 8%
S/. 4,083.50 S/. 4,083.50 VP S/. 3,956.26
S/. 23,956.26 S/. 3,956.26 TIR 15.238%

BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 20,000.00


S/. 6,481.48 S/. 6,481.48
S/. 6,001.37 S/. 6,001.37
S/. 5,556.83 S/. 5,556.83
S/. 5,145.21 S/. 5,145.21
S/. 4,764.08 S/. 4,764.08
S/. 27,948.97 S/. 7,948.97
Anlisis de C/B

S/. 20,000.00
S/. 7,000.00
5
8%
S/. 7,948.97
22.106%
Una minera invierte en una mquina vibradora que cuesta $12 000 y tiene una vida til de cinco aos, para lo cu
ahorros de $4 000/ao. La empresa considera un TMRR = 10%

AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
10.000%
0 S/. 12,000.00 S/. 1.00 S/. 12,000.00
1 S/. 4,000.00 S/. 0.91 S/. -
2 S/. 4,000.00 S/. 0.83 S/. -
3 S/. 4,000.00 S/. 0.75 S/. -
4 S/. 4,000.00 S/. 0.68 S/. -
5 S/. 4,000.00 S/. 0.62 S/. -
Total S/. 12,000.00 S/. 20,000.00 S/. 12,000.00

VAN S/. 3,163.15


TIR 19.858% Se acepta
TREMA 10.000%
til de cinco aos, para lo cual en su proceso le genera

BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 12,000.00


S/. 3,636.36 S/. 3,636.36
S/. 3,305.79 S/. 3,305.79
S/. 3,005.26 S/. 3,005.26
S/. 2,732.05 S/. 2,732.05
S/. 2,483.69 S/. 2,483.69
S/. 15,163.15 S/. 3,163.15
La siguiente grfica es el resultado de un anlisis de alternativa donde impera la inversin extra, encontrar el TIR
TMRR es del 14%

AO DE TREMA TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES
14.000% 14.000%
0 1.0000
1 S/. 197.00 0.8772
2 S/. 197.00 0.7695
3 S/. 197.00 0.6750
4 S/. 197.00 0.5921
5 S/. 197.00 0.5194
6 S/. 197.00 0.4556
7 S/. 197.00 0.3996
8 S/. 197.00 0.3506
9 S/. 197.00 0.3075
10 S/. 197.00 S/. 4,500.00 0.2697
Total S/. 1,970.00 S/. 4,500.00

VAN S/. 186.27


TIR 17.405% Se acepta
TREMA 14.000%
mpera la inversin extra, encontrar el TIR prctico y grficamente. Suponga que la

COSTOS ACTUALIZADOS BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - S/. - S/. -


S/. 172.81 S/. - -S/. 172.81
S/. 151.59 S/. - -S/. 151.59
S/. 132.97 S/. - -S/. 132.97
S/. 116.64 S/. - -S/. 116.64
S/. 102.32 S/. - -S/. 102.32
S/. 89.75 S/. - -S/. 89.75
S/. 78.73 S/. - -S/. 78.73
S/. 69.06 S/. - -S/. 69.06
S/. 60.58 S/. - -S/. 60.58
S/. 53.14 S/. 1,213.85 S/. 1,160.71
S/. 1,027.57 S/. 1,213.85 S/. 186.27
La grafica adjunta muestra el comportamiento de un proyecto , en la cual prima la alternativa sin inversin extra
18 %. Se pide determinar el TIR.

AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
18.000%
0 S/. 3,000.00 S/. 1.00 S/. -
1 S/. 800.00 S/. 0.85 S/. 677.97
2 S/. 800.00 S/. 0.72 S/. 574.55
3 S/. 800.00 S/. 0.61 S/. 486.90
4 S/. 800.00 S/. 0.52 S/. 412.63
5 S/. 800.00 S/. 0.44 S/. 349.69
Total S/. 4,000.00 S/. 3,000.00 S/. 2,501.74

VAN S/. 498.26


TIR 10.425% Se acepta
TREMA 18.000%
rnativa sin inversin extra .Se tiene en cuenta un TMRR de

BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. 3,000.00 S/. 3,000.00


S/. - -S/. 677.97
S/. - -S/. 574.55
S/. - -S/. 486.90
S/. - -S/. 412.63
S/. - -S/. 349.69
S/. 3,000.00 S/. 498.26
En una empresa industrial se puede efectuar uno de los 5 niveles de inversin que se encuentra en la tabla Adjun
Seleccionar el nivel ms conveniente a la empresa. Si la vida econmica es de 10 aos y la tasa mnima requerida
rendimiento es del 10 %.

NIVELES A B C D
INVERSION 8000 12000 18400 26400
INGRESOS ANUALES 6400 9200 11800 14400
DESEMBOLSOS ANUALES 4000 5200 6600 8200
BENEFICIO NETO 2400 4000 5200 6200
BAUE
VP S/. 6,746.96 S/. 12,578.27 S/. 13,551.75 S/. 11,696.32
TIR 27.320% 31.113% 25.298% 19.545%

B VP-B C VP-C
0% 0 -S/. 12,000.00 S/28,000.00 -S/. 18,400.00 S/33,600.00
10% 1 S/. 4,000.00 S/20,372.34 S/. 5,200.00 S/25,502.66
20% 2 S/. 4,000.00 S/15,154.83 S/. 5,200.00 S/19,324.44
30% 3 S/. 4,000.00 S/11,696.58 S/. 5,200.00 S/15,049.31
40% 4 S/. 4,000.00 S/9,357.96 S/. 5,200.00 S/12,096.20
50% 5 S/. 4,000.00 S/7,722.54 S/. 5,200.00 S/10,006.93
60% 6 S/. 4,000.00 S/6,537.82 S/. 5,200.00 S/8,483.25
70% 7 S/. 4,000.00 S/5,650.93 S/. 5,200.00 S/7,338.03
80% 8 S/. 4,000.00 S/4,967.32 S/. 5,200.00 S/6,453.17
90% 9 S/. 4,000.00 S/4,426.89 S/. 5,200.00 S/5,752.56
100% 10 S/. 4,000.00 S/3,990.23 S/. 5,200.00 S/5,185.94
31% 25%

Chart Title
S/40,000.00
S/35,000.00
S/30,000.00
S/25,000.00
S/20,000.00
S/15,000.00
S/10,000.00
S/5,000.00
S/0.00
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Col umn D Col umn F
se encuentra en la tabla Adjunta.
os y la tasa mnima requerida de A

AO DE COSTOS TOTALES BENEFICIOS TOTALES


E OPERACIN
36000 0 S/. 8,000.00
17080 1 S/. 2,400.00
10000 2 S/. 2,400.00
7080 3 S/. 2,400.00
4 S/. 2,400.00
S/. 7,503.54 5 S/. 2,400.00
14.659% 6 S/. 2,400.00
7 S/. 2,400.00
8 S/. 2,400.00
9 S/. 2,400.00
10 S/. 2,400.00
Total S/. 8,000.00 S/. 24,000.00

VAN S/. 6,746.96


TIR 27.320%
TREMA 10.000%

AO DE COSTOS TOTALES BENEFICIOS TOTALES


OPERACIN
0 S/. 18,400.00
1 S/. 5,200.00
2 S/. 5,200.00
3 S/. 5,200.00
4 S/. 5,200.00
5 S/. 5,200.00
6 S/. 5,200.00
7 S/. 5,200.00
8 S/. 5,200.00
9 S/. 5,200.00
10 S/. 5,200.00
Total S/. 18,400.00 S/. 52,000.00

VAN S/. 13,551.75


90% 100%
TIR 25.298%
TREMA 10.000%

E
AO DE COSTOS TOTALES BENEFICIOS TOTALES
OPERACIN
0 S/. 36,000.00
1 S/. 7,080.00
2 S/. 7,080.00
3 S/. 7,080.00
4 S/. 7,080.00
5 S/. 7,080.00
6 S/. 7,080.00
7 S/. 7,080.00
8 S/. 7,080.00
9 S/. 7,080.00
10 S/. 7,080.00
Total S/. 36,000.00 S/. 70,800.00

VAN S/. 7,503.54


TIR 14.659%
TREMA 10.000%
TREMA
COSTOS ACTUALIZADOS BENEFICIOS ACTUALIZADOS FLUJO NETO
10.000%
S/. 1.00 S/. 8,000.00 S/. - -S/. 8,000.00
S/. 0.91 S/. - S/. 2,181.82 S/. 2,181.82
S/. 0.83 S/. - S/. 1,983.47 S/. 1,983.47
S/. 0.75 S/. - S/. 1,803.16 S/. 1,803.16
S/. 0.68 S/. - S/. 1,639.23 S/. 1,639.23
S/. 0.62 S/. - S/. 1,490.21 S/. 1,490.21
S/. 0.56 S/. - S/. 1,354.74 S/. 1,354.74
S/. 0.51 S/. - S/. 1,231.58 S/. 1,231.58
S/. 0.47 S/. - S/. 1,119.62 S/. 1,119.62
S/. 0.42 S/. - S/. 1,017.83 S/. 1,017.83
S/. 0.39 S/. - S/. 925.30 S/. 925.30
S/. 8,000.00 S/. 14,746.96 S/. 6,746.96

Se acepta

TREMA
COSTOS ACTUALIZADOS BENEFICIOS ACTUALIZADOS FLUJO NETO
10.000%
S/. 1.00 S/. 18,400.00 S/. - -S/. 18,400.00
S/. 0.91 S/. - S/. 4,727.27 S/. 4,727.27
S/. 0.83 S/. - S/. 4,297.52 S/. 4,297.52
S/. 0.75 S/. - S/. 3,906.84 S/. 3,906.84
S/. 0.68 S/. - S/. 3,551.67 S/. 3,551.67
S/. 0.62 S/. - S/. 3,228.79 S/. 3,228.79
S/. 0.56 S/. - S/. 2,935.26 S/. 2,935.26
S/. 0.51 S/. - S/. 2,668.42 S/. 2,668.42
S/. 0.47 S/. - S/. 2,425.84 S/. 2,425.84
S/. 0.42 S/. - S/. 2,205.31 S/. 2,205.31
S/. 0.39 S/. - S/. 2,004.83 S/. 2,004.83
S/. 18,400.00 S/. 31,951.75 S/. 13,551.75

Se acepta
TREMA
COSTOS ACTUALIZADOS BENEFICIOS ACTUALIZADOS FLUJO NETO
10.000%
S/. 1.00 S/. 36,000.00 S/. - -S/. 36,000.00
S/. 0.91 S/. - S/. 6,436.36 S/. 6,436.36
S/. 0.83 S/. - S/. 5,851.24 S/. 5,851.24
S/. 0.75 S/. - S/. 5,319.31 S/. 5,319.31
S/. 0.68 S/. - S/. 4,835.74 S/. 4,835.74
S/. 0.62 S/. - S/. 4,396.12 S/. 4,396.12
S/. 0.56 S/. - S/. 3,996.48 S/. 3,996.48
S/. 0.51 S/. - S/. 3,633.16 S/. 3,633.16
S/. 0.47 S/. - S/. 3,302.87 S/. 3,302.87
S/. 0.42 S/. - S/. 3,002.61 S/. 3,002.61
S/. 0.39 S/. - S/. 2,729.65 S/. 2,729.65
S/. 36,000.00 S/. 43,503.54 S/. 7,503.54

Se acepta
B

AO DE TREMA
COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
OPERACIN 10.000%
0 S/. 12,000.00 S/. 1.00 S/. 12,000.00
1 S/. 4,000.00 S/. 0.91 S/. -
2 S/. 4,000.00 S/. 0.83 S/. -
3 S/. 4,000.00 S/. 0.75 S/. -
4 S/. 4,000.00 S/. 0.68 S/. -
5 S/. 4,000.00 S/. 0.62 S/. -
6 S/. 4,000.00 S/. 0.56 S/. -
7 S/. 4,000.00 S/. 0.51 S/. -
8 S/. 4,000.00 S/. 0.47 S/. -
9 S/. 4,000.00 S/. 0.42 S/. -
10 S/. 4,000.00 S/. 0.39 S/. -
Total S/. 12,000.00 S/. 40,000.00 S/. 12,000.00

VAN S/. 12,578.27


TIR 31.113% Se acepta
TREMA 10.000%

AO DE TREMA
COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
OPERACIN 10.000%
0 S/. 26,400.00 S/. 1.00 S/. 26,400.00
1 S/. 6,200.00 S/. 0.91 S/. -
2 S/. 6,200.00 S/. 0.83 S/. -
3 S/. 6,200.00 S/. 0.75 S/. -
4 S/. 6,200.00 S/. 0.68 S/. -
5 S/. 6,200.00 S/. 0.62 S/. -
6 S/. 6,200.00 S/. 0.56 S/. -
7 S/. 6,200.00 S/. 0.51 S/. -
8 S/. 6,200.00 S/. 0.47 S/. -
9 S/. 6,200.00 S/. 0.42 S/. -
10 S/. 6,200.00 S/. 0.39 S/. -
Total S/. 26,400.00 S/. 62,000.00 S/. 26,400.00

VAN S/. 11,696.32


TIR 19.545% Se acepta
TREMA 10.000%

C-B
AO DE TREMA
COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
OPERACIN 10.000%
0 S/. 6,400.00 S/. 1.00 S/. 6,400.00
1 S/. 1,200.00 S/. 0.91 S/. -
2 S/. 1,200.00 S/. 0.83 S/. -
3 S/. 1,200.00 S/. 0.75 S/. -
4 S/. 1,200.00 S/. 0.68 S/. -
5 S/. 1,200.00 S/. 0.62 S/. -
6 S/. 1,200.00 S/. 0.56 S/. -
7 S/. 1,200.00 S/. 0.51 S/. -
8 S/. 1,200.00 S/. 0.47 S/. -
9 S/. 1,200.00 S/. 0.42 S/. -
10 S/. 1,200.00 S/. 0.39 S/. -
Total S/. 6,400.00 S/. 12,000.00 S/. 6,400.00

VAN S/. 973.48


TIRM 8.453% Se acepta
TREMA 10.000%
BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 12,000.00


S/. 3,636.36 S/. 3,636.36
S/. 3,305.79 S/. 3,305.79
S/. 3,005.26 S/. 3,005.26
S/. 2,732.05 S/. 2,732.05
S/. 2,483.69 S/. 2,483.69
S/. 2,257.90 S/. 2,257.90
S/. 2,052.63 S/. 2,052.63
S/. 1,866.03 S/. 1,866.03
S/. 1,696.39 S/. 1,696.39
S/. 1,542.17 S/. 1,542.17
S/. 24,578.27 S/. 12,578.27

BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 26,400.00


S/. 5,636.36 S/. 5,636.36
S/. 5,123.97 S/. 5,123.97
S/. 4,658.15 S/. 4,658.15
S/. 4,234.68 S/. 4,234.68
S/. 3,849.71 S/. 3,849.71
S/. 3,499.74 S/. 3,499.74
S/. 3,181.58 S/. 3,181.58
S/. 2,892.35 S/. 2,892.35
S/. 2,629.41 S/. 2,629.41
S/. 2,390.37 S/. 2,390.37
S/. 38,096.32 S/. 11,696.32
BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 6,400.00


S/. 1,090.91 S/. 1,090.91
S/. 991.74 S/. 991.74
S/. 901.58 S/. 901.58
S/. 819.62 S/. 819.62
S/. 745.11 S/. 745.11
S/. 677.37 S/. 677.37
S/. 615.79 S/. 615.79
S/. 559.81 S/. 559.81
S/. 508.92 S/. 508.92
S/. 462.65 S/. 462.65
S/. 7,373.48 S/. 973.48
iGen-1

AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
15.000%
0 S/. 500,000.00 S/. 1.00 S/. 500,000.00
1 S/. 100,000.00 S/. 0.87 S/. -
2 S/. 100,000.00 S/. 0.76 S/. -
3 S/. 170,000.00 S/. 0.66 S/. -
Total S/. 500,000.00 S/. 370,000.00 S/. 500,000.00

VAN -S/. 225,651.35


TIR -12.603% Se rechaza
TREMA 15.000%

iGen-2

AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
15.000%
0 S/. 460,000.00 S/. 1.00 S/. 460,000.00
1 S/. 160,000.00 S/. 0.87 S/. -
2 S/. 160,000.00 S/. 0.76 S/. -
3 S/. 245,000.00 S/. 0.66 S/. -
Total S/. 460,000.00 S/. 565,000.00 S/. 460,000.00

VAN -S/. 38,795.10


TIR 10.202% Se rechaza
TREMA 15.000%

iGen-3

AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
15.000%
0 S/. 650,000.00 S/. 1.00 S/. 650,000.00
1 S/. 205,000.00 S/. 0.87 S/. -
2 S/. 205,000.00 S/. 0.76 S/. -
3 S/. 300,000.00 S/. 0.66 S/. -
Total S/. 650,000.00 S/. 710,000.00 S/. 650,000.00

VAN -S/. 119,474.81


TIR 4.254% Se rechaza
TREMA 15.000%

iGen-4
AO DE TREMA
OPERACIN COSTOS TOTALES BENEFICIOS TOTALES COSTOS ACTUALIZADOS
15.000%
0 S/. 750,000.00 S/. 1.00 S/. 750,000.00
1 S/. 310,000.00 S/. 0.87 S/. -
2 S/. 310,000.00 S/. 0.76 S/. -
3 S/. 430,000.00 S/. 0.66 S/. -
Total S/. 750,000.00 S/. 1,050,000.00 S/. 750,000.00

VAN S/. 36,701.73


TIR 17.768% Se acepta
TREMA 15.000%
BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 500,000.00


S/. 86,956.52 S/. 86,956.52
S/. 75,614.37 S/. 75,614.37
S/. 111,777.76 S/. 111,777.76
S/. 274,348.65 -S/. 225,651.35

BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 460,000.00


S/. 139,130.43 S/. 139,130.43
S/. 120,982.99 S/. 120,982.99
S/. 161,091.48 S/. 161,091.48
S/. 421,204.90 -S/. 38,795.10

BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 650,000.00


S/. 178,260.87 S/. 178,260.87
S/. 155,009.45 S/. 155,009.45
S/. 197,254.87 S/. 197,254.87
S/. 530,525.19 -S/. 119,474.81
BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. - -S/. 750,000.00


S/. 269,565.22 S/. 269,565.22
S/. 234,404.54 S/. 234,404.54
S/. 282,731.98 S/. 282,731.98
S/. 786,701.73 S/. 36,701.73
TREMA
AO DE OPERACIN COSTOS TOTALES BENEFICIOS TOTALES
15.000%
0 S/. 100,000.00 S/. 1.00
1 S/. 37,500.00 S/. 0.87
2 S/. 37,500.00 S/. 0.76
3 S/. 37,500.00 S/. 0.66
4 S/. 37,500.00 S/. 0.57
5 S/. 37,500.00 S/. 0.50
Total S/. 100,000.00 S/. 187,500.00

VAN S/. 25,705.82


TIR 25.413% Se acepta
TREMA 15.000%

TREMA
AO DE OPERACIN COSTOS TOTALES BENEFICIOS TOTALES
15.000%
0 S/. 150,000.00 S/. 1.00
1 S/. 70,000.00 S/. 0.87
2 S/. 60,000.00 S/. 0.76
3 S/. 50,000.00 S/. 0.66
4 S/. 40,000.00 S/. 0.57
5 S/. 30,000.00 S/. 0.50
Total S/. 150,000.00 S/. 250,000.00

VAN S/. 26,899.43


TIR 23.573% Se acepta
TREMA 15.000%
AO
COSTOS ACTUALIZADOS BENEFICIOS ACTUALIZADOS FLUJO NETO
0
S/. 100,000.00 S/. - -S/. 100,000.00 1
S/. - S/. 32,608.70 S/. 32,608.70 2
S/. - S/. 28,355.39 S/. 28,355.39 3
S/. - S/. 24,656.86 S/. 24,656.86 4
S/. - S/. 21,440.75 S/. 21,440.75 5
S/. - S/. 18,644.13 S/. 18,644.13
S/. 100,000.00 S/. 125,705.82 S/. 25,705.82

COSTOS ACTUALIZADOS BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. 150,000.00 S/. - -S/. 150,000.00


S/. - S/. 60,869.57 S/. 60,869.57
S/. - S/. 45,368.62 S/. 45,368.62
S/. - S/. 32,875.81 S/. 32,875.81
S/. - S/. 22,870.13 S/. 22,870.13
S/. - S/. 14,915.30 S/. 14,915.30
S/. 150,000.00 S/. 176,899.43 S/. 26,899.43
F1 F2
FLUJO Tasa VP FLUJO VP FLUJO INCREMENTAL
-1000 0% S/875.00 -1500 S/1,000.00 -500
375 10% S/421.55 700 S/467.37 325
375 20% S/121.48 600 S/102.82 225
375 30% -S/86.66 500 -S/158.08 125
375 40% -S/236.81 400 -S/351.76 25
375 50% -S/348.77 300 -S/500.00 -75

25.41% 23.57% 16.89%

VP incremental
S/150.00

S/100.00

S/50.00

S/0.00
0% 10% 20% 30% 40% 50% 60%
(S/50.00)

(S/100.00)

(S/150.00)

(S/200.00)
VP INCREMENTAL
S/125.00
S/45.83
-S/18.66 Chart Title
-S/71.41
S/1,200.00
-S/114.94
-S/151.23
S/1,000.00

S/800.00

S/600.00

S/400.00

S/200.00

S/0.00
0% 10% 20% 30% 40%

(S/200.00)

(S/400.00)

(S/600.00)

Col umn M Col umn O


% 40% 50%
TREMA
AO DE OPERACIN COSTOS TOTALES BENEFICIOS TOTALES
15.000%
0 S/. 1,200.00 S/. 1.00
1 S/. 37,500.00 S/. 0.87
2 S/. 37,500.00 S/. 0.76
3 S/. 37,500.00 S/. 0.66
4 S/. 37,500.00 S/. 0.57
5 S/. 37,500.00 S/. 0.50
Total S/. 1,200.00 S/. 187,500.00

VAN S/. 124,505.82


TIR 3125.000% Se acepta
TREMA 15.000%

TREMA
AO DE OPERACIN COSTOS TOTALES BENEFICIOS TOTALES
15.000%
0 S/. 150,000.00 S/. 1.00
1 S/. 70,000.00 S/. 0.87
2 S/. 60,000.00 S/. 0.76
3 S/. 50,000.00 S/. 0.66
4 S/. 40,000.00 S/. 0.57
5 S/. 30,000.00 S/. 0.50
Total S/. 150,000.00 S/. 250,000.00

VAN S/. 26,899.43


TIR 23.573% Se acepta
TREMA 15.000%
AO
COSTOS ACTUALIZADOS BENEFICIOS ACTUALIZADOS FLUJO NETO
0
S/. 1,200.00 S/. - -S/. 1,200.00 1
S/. - S/. 32,608.70 S/. 32,608.70 2
S/. - S/. 28,355.39 S/. 28,355.39 3
S/. - S/. 24,656.86 S/. 24,656.86 4
S/. - S/. 21,440.75 S/. 21,440.75 5
S/. - S/. 18,644.13 S/. 18,644.13
S/. 1,200.00 S/. 125,705.82 S/. 124,505.82

COSTOS ACTUALIZADOS BENEFICIOS ACTUALIZADOS FLUJO NETO

S/. 150,000.00 S/. - -S/. 150,000.00


S/. - S/. 60,869.57 S/. 60,869.57
S/. - S/. 45,368.62 S/. 45,368.62
S/. - S/. 32,875.81 S/. 32,875.81
S/. - S/. 22,870.13 S/. 22,870.13
S/. - S/. 14,915.30 S/. 14,915.30
S/. 150,000.00 S/. 176,899.43 S/. 26,899.43
F1 F2
FLUJO Tasa VP FLUJO VP FLUJO INCREMENTAL
-1000 0% S/875.00 -1500 S/1,000.00 -500
375 10% S/421.55 700 S/467.37 325
375 20% S/121.48 600 S/102.82 225
375 30% -S/86.66 500 -S/158.08 125
375 40% -S/236.81 400 -S/351.76 25
375 50% -S/348.77 300 -S/500.00 -75

25.41% 23.57% 16.89%

VP incremental
S/150.00

S/100.00

S/50.00

S/0.00
0% 10% 20% 30% 40% 50% 60%
(S/50.00)

(S/100.00)

(S/150.00)

(S/200.00)
VP INCREMENTAL
S/125.00
S/45.83
-S/18.66 Chart Title
-S/71.41
S/1,200.00
-S/114.94
-S/151.23
S/1,000.00

S/800.00

S/600.00

S/400.00

S/200.00

S/0.00
0% 10% 20% 30% 40%

(S/200.00)

(S/400.00)

(S/600.00)

Col umn M Col umn O


% 40% 50%