Tabla 4.0 Tabla 4. VALOR ACTUAL DE UNA RENTA CONSTANTE, ENTERA, TEMPORAL t V, = pity-l r(1+r)' La tabla presenta los valores de: (+r) -1 r(i+r)' Ejemplo: Queremos disponer de 1.000€ anuales; a final de cada afio, durante los 15 proximos afios. El capital que necesitamos hoy, para un 4% de interés anual, es: 1,04" -1 *C, = 1.000 ———___ ° 0,04 * 1,04" 1s * Buscamos el valor de 104" 1 en la tabla 4, columna 0,04 y fila 15 0,04 *1,04'* Cy =1.000*11,118387 = 11.118,39€ 22Tabla 4.1 00125 0, 98765432 1,56311538, 2,92653571 3,87805798 4, 81783506 5, 74600892 666272584 7, 56812429 8, 46234498 9,34552590 10,2178033 11,079319 11, 930186 12,705527 13, 6005489 14, 4002922 15,2098182, 16,0295489 16,8198075 17,5995161 19, 3696549 19, 1305629 198820576 20,6242365 213872686 22,0812529, 22, 7962992 23,502817 26,2000175 24, 8889062 25,5652901 26 2612761 26, 9069621 0,015 0,0175 0,2 (0,225 0, 98522167 195588342 2, 91220042 3, 85438465 0, 98280088 0, 98039216 1, 94869875 1,94156096 2,89798403 2, 88388527 3,88084254 3,8072870 0, 9799511 1 ,93466955 286905687 3, 73470021 4, 7926497 569718716 6 59821395 7, 48592507 336051732 4, 76785507 4,71345950 5, 64899761 5, 60143089 6 53466139 6,47199106 740505296 7, 32548164 8, 26049431 8, 16223670 467945252 558467680 6 41024626 7, 24718460 8, 06570621 922218685, r0,07117 10, 9075052 11, 7315322 12, 5433815 19,10122291 8, 96258500 9, 92769180 9, 78684806 10,7395496 10,5753412 11,5376409 11, 3688737 12 3220058 12, 1062487 8, 6e21636 9, 64911134 10,4147788 11,1685978 118959392 13,3032330 14, 1312640 14, 9076493, 15, 6725608, 16 4261683, 13,0928806 12, 8492635, 15, 8504967 15,577093 145950828 14,2918718 15 3268627 14, 9920812 16, 0460567 15, 6784620 126121655 15, 3126513 13, 9976836 146,6676610 15,3228958 17, 1686387 17,9001367 18, 6208263 19,3308614 20,0804053, 16, 7528813 16, 3514335 117 4475491 17,0112091 18, 1302656 17, 6580481 17,2053525 18, 2012076 18, 2922061 17,8027895 19, 4606856 18,9139256 18,3850362 15,9687123 16,5908277 20,7196111 20,1087819 19,5234564 18,9623826 21,3986817 20, 7487316 20, 1210357 19,5231125 £22,0676174 213717264 20, 7068978 20,0715037 22, 7267167 21,9869547 21, 2812723 20, 6078276 2B,ST6O7SS 22,5916017 21, BALSEA6 21, 1323497 26,0158380 23,1858493 22,3964555 21,6453298 26, 6461488 23, 7698765 22,9577015 22, 1470218 25, 2671387 24, 3638589 23, 4685548 22,6576761 25, B78954h 24, 9079695 23, 9885635 23,1175297 132 SS61123 31,1955481 29,9127762 28, 7026658 27, 5604564 26, 4817284 25, 4623778 26, 4985917 25, 5868261 ‘3B, 4724312 32,0853713 30,6826562 29,4085800 28, 2078S82 27,0735945 26,007251 24, 9986195 26,0457957 ‘34, 3864680 32,8710162 31, 468052 30,10750S0 28, 8472673 27, 6606843 26,5427528 25, 4868426 26,4946657 35, 2982195 33,7025087 32,2052657 30,7995099 29, 4787825 28,2371274 27, 06905 25,9494534 24,9556584 36, 2077002 34,S298544 32, 9580801 31,4846633 30,1025013 28,8050516 27, 5862845 26,4406406 25, 3629911 37,1149130 35, 3530990 33,7052904 32,1630329 30,7185198 29,3645828 28,0946285 26, 9025888 25,7828764 24,73084K4 0,025 097560976 ag2re2uis 2,85602356 3,76197421 4, 64582849 5, $0812536 6 34939059 717013716 7, 97086552 8, 75206393 9,51420871 10,257645, 10,9831849 11,6900121 12,381377 13,0550026 13,7297 16,3533636 16,9788913, 15,5891622 16, 184585 16, 7656132 17, 3821106 17 8849858 18, 4203764 18,9506111 19,4640108 19, 9608886 20,4835489 20,9302925 21,395407% 21, 8691779 22,2718809 22,7257862 2, s1573 23,3562510 23,9573181 26, 3486050 138, 0198653 36, 1722278 34, 4469384 52,8346861 31,3269531 29,91584S2 28,5942295 27,3554792 26,1985222 25,1027750 42, 5108764 40, 2071963 38, 0731813 36,0945084 34, 2581682 32,$523371 30,9662626 29,4901898 28,1151195 26,8330258 46, S46I7OB 4, 1427RES 61, S664K7O 39,1961175 37,0128757 34, 9996880 35,14120%4 31, 4236058 29,8343962 28,3625116 INTERES 0,025 0,005 0,075 0,01 t 1 0,99750625 0,99502488 0,99255585 0,99009901 2 1,99252492 1,98508938 1,9772291 1,97039506 3 2,98506227 2,97024814 2,95555624 2,94098521 4 -3,S7S124u6 3,95069566 3,92611061 3,90796555 5S 496271766 4,92586682 4,88943961 6,85345123 6 5, 94784804 5, 89638440 5, 84559763 5,79547647 7 6,93052173 6, 86207403 6, 79465784 6,72819652 8 7, MOTE? 782295923 7, 73661324 7,65167775 9 8,88852356 8,77906392 8,67157612 8,56601757 10 986386350 9,73041186 9,59957957 9,47130453 11 10,8867719 10,6770267 10,5206745 10,3676282 32 11,8072538 11,6189520 11,4369126 11,2550776 1B 12,7753155 12,5561513 12,3423480 12, 1387400 1 13, 7409681 13, 4887077 13,2430224 13,0037030 1S 16, 7042026 16, 46166246 14, 1369949 13,8650525 16 15, 6650400 15,3399250 15,0263126 14,7178737 17 16,6236813 16,2586318 15,9050209 15,5622512 18 17,5795325 17,1727680 16, 791810 16, 3982685 19 18,5331995 18, 0823562 176468298 17, 2260084 2019, 4844882 18,9874191 18,5080196 18,0455529 21 20, 4334047 198879792 19,3627987 18, 8569831 22 21,3799548 20,7840589 20,2112145 19, 6605793 23 22,326605 21 6756805 210535147 20, 4558211 2h 23,2689795 22, 5628662 21, 8891461 21,2653872 25 26,2054659 23, 4456380 22,7187554 22,0231557 26 25,1426093 243240179 25, 5421890 22,7952036 27 26,O774IS8 25, 1980278 26, 3594928 23,5596075 28 27,0098911 26,0676893 25,1707125 24, 3164431 29 27,9400410 26,9530242 25,9758933 25,0657853 30 28, 8678713 27,7940539 26,750802 25,8077082 31 29, 7953878 28,6507999 27,5683178 26,5422853 32 30, 7165968 29,5082885 28,3556504 27,269589% 33 31,6875026 30,3515259 29, 1371220 27, 996925 3 B 6 7 ey » ry “s 50 38 51, 3266365 47, 9816453 44, 9316119 42,1471921 39, 6016866 37, 2714668 35, 1354454 33, 1747875 31,3726543 29,7139792 2BTabla 4. INTERES 0,0275 0,08 0,0325 0,085 0,0375 t 1 0,97323601 0,97087379 0,96852300 0, 6618357 0, 96385542 2 1,92042634 1,91346570 1,90655981 1,89969428 1,89287270 3 2,84226213 2,82861135 2,81507008 2,80163698 2, 78831103 4% 3,73942787 3,71709840 3, 69498308 3,67307921 3,65138413 5 461258186 4, 7570718 4,54719911 451505237 4, 48526180 6 5,A6236677 5,41719164 5,37258998 $,32855301 5,28507162 7 628940805 6,23028295 617199996 6,11454398 6,05790035 8 7,09431641 7,01969218 6,946246% 6,€7395553 6,80279552 9 7,B7767825 7, 78610892 7,69612252 760768650 7,52076677 40 864007616 8, 53020283 8, 42239508 8,31660532 8,21278725 11 9,3820652 9,25262411 9, 12580637 9,00155103 8,87979494 12 10,1042036 9,95400399 9, 80707639 9,66353433 9,52267391 13 10,8070108 10,6349553 10, 4669020 10,3027384 10,1423555 1% —11,4910061 11,2960751 11, 1059584 10,9205202 10,7396198 15 12,1566989 11,9379350 11,7248992 11,5176108 11,3152962 16 12,8045731 12,5611020 12,5243575 12,0941168 11,6701650 17 13,4351076 13, 1661186 12,90469668 12,6513205 12,4069783 18 14,0487666 13,7535130 13, 4672608 13, 1896817 12,9204610 18 16,6460015 14,3237991 14, 0118748-13, 7098376 134173118 20 15,2272521 14, 8774748 14,539BU61 14, 2124033 13,8962062 2115, 7929461 15, 4150261 15,0502161 14, 6979762 14,3577871 22 16,3434998 15,9369166 15, 5450016 15, 1671248 14, 8026864 23 16,8793186 16, 4636083 16,0242146 15,6204106 15,2315050 2k 17,4007966 16,9355421 16 4883634 16,0583676 15,6468261 25 17,9085179 17, 4131476 16, 9578629 16,4815145 16, 0432039 26 18,4022559 17, 8768.24 17,3732328 16,8903522 164271845 27 18,8829741 18,3270314 17,7948986 17, 2853645 16, 7972863 2B 19,3508264 18, 7661082 18,2032916 17, 6670188 17, 1540108 29 19,8061870 19, 1884545 18,5988297 18,0357670 17 4978418 30 20,2493012 19, 6004613 18,9819176 18,3920454 17,8292651 31 20,6805852 20,0004284 19,3529466 18,7362757 18,1486700 32 21,1008262 20,3887655 19, 7122969 19, 0688654 18, 4565494 33 21,5088333 20,7657917 20,0608360 19,3902081 18,7533006 34 21,9064071 21,1318366 20,3974199 19, 7006842 19, 0393259 35 22,2983402 21, 4872200 20,7238953 20,0006610 19,3150129 36 22,6699175 21,8522526 21,0400506 20,2904938 19, 5807353 37 25,0364160 22, 1672356 21,3465345 20,5705254 19, 8368533 38 23,3981056 22, 4924615 21,6429390 20,8410873 20,0837140 3925, 7402488 22,8082151 21,9302073 21,1024998 20,3216521 40 26,078t010 23,1147719 22, 2084332 21,3550723 20,5509809 45 25,6364720 24,5187125 25, 4735818 22,4954502 21,5791717 50 26,9971699 25, 7297640 245517618 23,4556178 22, 4346951 55 28,1852687 26,7764276 25, 4706061 26,2640532 23,1460159 2 0,06 © 0,0425 0,045 0,075 0,05 0, 96153846 189605467 2,7509108 3, 62989522 0, 98923261 1, 87935982 2, 76197585, 3, 60860993 0, 95693780 0,95465394 1,B7266775 186601808 2, 74896435 2, 75605545 3,58752570 3,56564006 0, 95238095 185961063, 2, 72326803 3,54595050 405182233 5, 26213685 600205466 673270687 7,43533161 442072896 519973999 5, 56699280 6, 66378206 7, 35134970 4, 38997676 4,35956090 515787268 5, 11652591 5,89270094 5, 83916555, 659588606 6,52903652 7 26879049 7, 18762418 4, 32947667 5, 07569206 5, PR63TS39 6, 6321275 7, 10782187 8,11089577 3, 76047671 9, 38507376 9, 98564786 10, 5631229 8 01088700 8, 64353669 925039491, 9, 83251310 10,3508998 7,91271817 7,81684766 8,52091671 8 41656101 911858078 8,98955705 9, 68285242 9, 53656958 10,2228252 10,0587780 7, 72173492 8, 30641421 8, 86325163 939357298 9, 89864096 11, 1983874 10,9265226 10,7395457 10,5573059 11, 6522956 11 4403096 11,2340150 11,0332276 12, 1656688 119331505 11, 7071916 114875681 12, 6592969 12, 4058998 12,1599918 11,9213061 13,1339393 12, 8593763 12,5932935 12,3353757 10,3796580 10, 8377695 11, 2740662 116895869 12, 0853208 13, $908263 14,0291599 146, 4811153 146, 8568616 152469631 13, 2943658 13,7116218 14,118675 14, 4957961 14, 8640730 13, 0079364 12,7306650 13, 4047238 13, 1080372 13, 784kQ47 13, 4682933 16 1477768 13,8122131 16 495673 16, 1405376 12, 4622103, 12,2211527 13, 1630025 13, 4885738, 13, 7986017 15, 6220799 15,9827691 16, 3295857 16, 6630632 16,9837146, 15 2173362 15, 5561978 158812669 16,1930007 16,4921253 16, 8282089 14, 4539738 15, 1466114 14,7531970 15, 4513028 15, 0388515 15, 7628735 15,3115528 16,0218885 15,5718881 14, 0739465, 14, 3751853, 14, 6430336 14, e981272 15, 1610735 17, 2920833 17, 5884935, 17, 8735514 18, 1676456 18, 0111977 16,7790171 170542131 17,3181900 17 5714053 17,8142976 16,2888885 15, 8206182 16,5443909 16, 0576785 16, 7888908 16, 2861799 17,0228620 16, 5006106 17,2667579 16, 7068357 153724510 15, 3928105 15 8026768 16 o02sus2 16,1929060 18, 6646132 18, 9082819 19,1425788 19, 3678642 19, SBAAB8 18,0072879 18,2707797 17, 4810124 16,5039005, 17, 6660405 17,0920291 18,4851606 17,8622397 17,2716268 18, 6908014 18,0499902 17, 4430805, 18, 8880588 18,2296557 17,6067594 16, 3761962 16,5468517 16,7112873 16,8678927 17 0170406 19, 7927738 19, 0772747 18, 401584 17,7630164 20, 7200397 19,9137465 19, 1563474 18,46h2269 214821846 20,5930613 19,7620077 18,9843731 22,1086121 21,1447457 20, 2480205 19,4126663 17, 1590863 17, 7740698 18, 2559254 18,6834719 24INTERES 00525 0,055 1 0,98011876 094786730 2 18528443 1, 84631971 3 2,71054103 2,69793338 4% 3,52545466 3,50515012 5S 429971939 4, 27028667 6 5,03536284 4,99553080 7 5,73431148 $,68296711 8 6,39839571 6,33456598, 9 7,02935459 6, 95219524 10 7,6288uoar 7, 53762582 11 8,19862825 8, 09253635 12 8, 73959453 8 1851786 139 25377153 9,11707852 1&9, 74230076 9, 58964789 15 10,2064615 10,0375809 16 10,6474693 10,4621620 17 11,0664792 10,8646085 1811 4645883 11,246076 1911 42es92 11,6076535 20 12,2020225 11,9503824 21 12,5436796 12,2752640 22 12,B081039 12,5851697 23 18,176357 12,8750023 2% 13,4692121 13,1516909 25 13,7674699 13,4139326 26 14 0118479 13,6624956 27 16,2650886 13,8980999 2B 14,S016992 14,1214217 29 16,7286553 14,3381011 30 14,9439005 14,5337451 Hh 15,1685991 16,7239290 32 18,3430870 14,9041981 33 15,5278736 15, 0750693 34 15,7036429 15,2570525 35 15,8702545 15,3905521 36 16,0287454 15,5360686 37 16,1793305 15,6739985 38 16,3224048 15,8047379 39 16,4583416 15, 9286615 40 16, 5874977 16,0461246 45 17,1424839 16,5677257 530 17,S728110 16,9315179 55 17,9057272 17,2251706 Tabla 4.3 0.0575 0,080,065 (0,07 075,080,085 0,09 0, 94562648 0,94339623 0, 93896716 0,93457944 0,93025256 0,92592595 0, 92165899 0,91743119 1, 83983591 183339267 1,82062642 180801817 1, 79556517 1, 783264675 1, 77111427 1,75911119 2, 68542403 2,67301195 2,464847551 2,62431604 2, 60052574 2,5709699 2,55402237 2,53129467 3, 48503454 $,46510561 5,42579860 3,38721126 3,34932627 3,31212684 3,27559666 3,23971968 4, 2616741 6, 21236378 4,15567943 4, 10019763 4,04588490 3,99271005 3,94084207 3, 88965126 4, 9561866B 6, 91732432 4, 84101355 4, 76653965 4, 6938642 4, 62287966 4, 55358716 4, 48591859 5, 63232783 5,58238143 5,48451977 538928940 5,29660132 $,20657005 5, 11851352 5,03295283 6, 27170480 6,20979381 6,08875095 5,97129850 5,85730355 5, 74663896 5, 63918296 5,53481911 6, 7631660 6,80169227 6,65610418 651523224 6,378B5702 6, 24888791 6, 11506264 5,99524689 17, 44805352 7,36008705 7, 18883022 7,02358154 6,86408095 6, 71008139 6, S6134805 6, 41765770 ‘7, 98870309 7,886874S7 7, 68904246 7 9857433 7,31542614 7, 13896425 6, 96898438 6, 60519055 £8, 49995566 8, 38384394 815872531 7,94268629 7, 73527827 7, 53607801 7,34468606 7, 16072527 £8, 98340959 8, 85268296 8,59974208 8,3576507% 8, 12584025 7,903775%4 7,65095490 7, 48690392 9, AUOS764h 9, 29498392 9,01384233 8, 74546796 8, 8915372 8, 24423698 8, 01009568 7, 78615088 9, 87288553 9,71224898 9, 40266885 9,10791400 8,82711974 8,S5947868 8, 30K23657 8, 06068842 10,2816884 10,1058952 9,76776418 9, 44664860 9,16150673 8, 85136915 857533526 8, 31255819 10,6682653 10,4772596 10,1105766 9,76822299 9,A3395975 9, 12163810 8, 82519193 8, 54363135 “11,0338187 10,8276084 10,4324663 10,0590869 9, 70600907 9, 37188713 9,05547643 8, 75562510 11, 3794976 11,1581166 10,7347102 10,3355952 9,95907821 9,6035992 9,2672021 8,95011477 111, 7065807 11,4699212 11,0185072 10,59401K2 10,1944913 9, 81814740 9, U6533660 9, 12854566 12,0154900 11, 7640766 11,2849833 10,8355273 10,4134803 10,0168081 9, 64362820 9,29224375 12,307920 12,0415817 11,5351956 11,0612404 10,6171910 10, 2007436 9, 80979558 9,A4262566 12, 5842006 12,3033789 11,7701367 11,2721873 10,8066893 10,3710589 9, 96294523 9, 58020682 12,8455796 12,5503575 11,9907387 11,4693840 10,9829668 10, 5287582 10,7040969 9, 70661176 15, 0927467 12,78B3561 12,1976767 11, 6535851 11,1469458 10,6747761 10,2341907 9,82257960 15, 3264764 13,0081661 12,3923725 118257786 11,2994845 10,8099779 10,3540928 9,92897211 13,S474935 13,2105341 12,5749976 11, 9867090 11,4413809 10,9351647 10, 4646017 10,0265799 13, 7564950 13,4061642 12, 7464766 12, 1371112 11,5733776 11,05107B4 10,5654532 10,1161285 13, 9561324 13,5907210 12, 9074898 12,2776740 11,6961652 11,1584060 10, 6608255 10, 1982829 14 1410236 13,7648511 13,0586759 12, 4090611 11,8103862 11,2577835 10,7468438 10,2756540 14,3177528 15,9290859 13,2006346 12,5318141 11, 9166385 11,3497995 10,8265841 10,3428018, 16, 4848726 14,0840433 13,3339292 12, 6465553 12,015475 11,4349994 10,9000775 10, 4062402 16,6429055 14,2302296 13, 4590884 12,7537900 12,1074209 11,51388E5 10, 9678134 10, 4666605 16,7923456 14,3681411 13,5766089 12,8540098 12, 1929457 11,5869336 110302427 10,5178354 14, 9336602 14,4982K63 13,6869567 12,9476723 12,2725116 11,6565682 11,087815 10, 5668216 15, 0672910 14,6209671 13,7905697 13,0352077 12,3465222 11,7171927 11, 1408125 10,6117628 45, 1936557 14,7367805 13,8878588 13,1170165 12,4153695 11,775178S 11,1896887 10,6529936 45, 3131496 16,8460191 13,9792102 13, 1984734 12,4794135 11,8288689 11,2347562 10,6908196 15 261462 16,94907K6 14,0649861 13, 2649284 12,5389893 11, 8785826 11,2762565 10,7255226 15, 5329988 15,0462968 14,1455268 13,3317088 12,5944086 11, 9246155 11,3145203 10,7575601 159861784 15,4858520 14, 4802284 13,6055215 12,8186289 12, 1084015 11,4653120 10,8811972 16, 3ZBB426 15,7618606 14,7246206 13,8007462 12,974B115 12, 2534846 11,5655955 10, 9616829 16, 5879420 15,9905429 14,9028249 13,9399388. 13,0836019 12, 3186141 11,6322883 11,0139930 25Tabla 4.4 INTERES 0,095 01 0,105 11S tk OTS tS, 6 16 8 ” SEVRe ZORAB wages BYES BEYER 10,91324201 0,90909091 0,90497738 0,90090090 0, 89686009 0,89285714 0,88495575 0,87719298 0,86956522 0, 86206697 41,76725298 1,73553719 1,72396143 1, 71252333 1, 70122062 1,69005102 1,66810246 1, 64666051 1, 62570888 1, 60525187 2 50890685 2, 48685199 2, 46512346 2,44371472 2,42261939 2 40183127 2,36115260 252163203 2, 26322512 2, 26588956 3, 204UBTI2 3, 16586545 5, 1S5RSBS4 5, 10264569 3,06961380 3,03734935 2,97647133 2,91371230 2, 85497836 2, 79818064 3, 83970878 3, 79078676 3, 74285822 3,69589701 3,64987784 3,60477620 3,51723126 3,43508096 3,35215509 3, 27429365 4, 41982537 4,35526069 429217938 4,23053785 4, 17029403 4,7 1140732 3, 99754978 3, 88866751 3, 78448269 3, 68473590 496961221 4, 86861881 4, 78930261 4, 71219626 4, 65703500 4,56375653 4, 42261043 4, 28830685 4, 16061973 4, 03856543 5, 43343581 5,33492619 5, 23918788 5, 14612276 $,05563E77 4, 96763976 4, 79877029 4, 63886389 4, 48752150 4, 34359089 5 ,B7S28384 5,75902381 5, 64632387 5, 53704753 $,43106437 $, 32824979 5, 13165512 4,94637183 4, 77158391 4, 60654387 6 27879805 6, 16456710 6 01477276 $,88923201 5, 76777073 5,65022302 5,42624347 5,21611564 5, 01876862 4,83322747 664730646 6,49506100 6, 34821062 6,20651532 6,06974954 5,93769913 $,48694112 5, 45273302 5, 23371184 5, 0286437 6, 98BBS939 6, B1369IE2 6, 6A99EA36 6, 49235614 6, 3UOSERS4 6, 19437422 5, 91764701 5, 66029212 5, 42061899 5, 19710722 7,29117753 7,10385620 6,92304467 6, 74987040 6, S8BK8210 6,42354841 6, 12181151 5,84236151 5,583146695 5, 34253381 7,SM85162 7,36568765 7, 17017617 6, 98186522 6, 80132924 6,62816822 6, 30248807 6,00207150 5, 72447561 5, 46752914 782817500 7, 60607950 7,39582459 7,19086957 6,996707BA 6 BTOS6LAS 6,462378B2 6, 14216798 5, 84737009 5,57545616 1806226027 7, 82570864 7,59622135 7,37916178 7, 17193528 6,9739861S 6, 60387506 6, 26505963 5, 9SA2BIB6 5, 66819669 18 27603678 8, 02155351 7, 77938585 7,548794639 7, 32908994 7,11963049 6,72909297 6, 37285953 6,O4716075 5,7487040% 8 A7126646 8, 20161210 7,94516555 7,7O161657 7,47003SB2 7, 24967008 6, 83990529 6, 46742046 6, 12796587 5, 81784881 864955861 8 36492009 8, 09515434 7,85929421 7,5964K468 7,3657768S 6, 93796928 6,SS06B82 6, 19823119 5,87745544 881238211 €,51356371 8,23090871 7,96332811 7, 70961585 746964362 7,02475187 6,62313055 6, 25953147 5,92684080 £8, 96107955 8, 64869429 835376372 8,07507037 7,81149404 7 56200828 7,101S5OD6 6, 68695662 6, 31246215 5,97313870 9, 03487630 8, 77154026 8, 46494454 8,17573907 7, 90268524 764464576 7, 16951533 6, 74294460 6, 35866274 6,01152647 9 220B6O 8, 88321842 8, SESS6O67 8, 26643160 7,98447106 7, 71843570 7,22965781 6,79205649 6, 39883716 6,04424695 9 S3K167SB 8, 98674402 8, 65661599 8, 34813657 8, 05782158 7,78431580 7, 28288302 6,83513727 6, 43377IGA 6, 07262668 9,437S7770 9,077O40O1 8,739019 8, 4217H466 8, 12360680 7,84513911 7, 32998497 6, 87292743 6, 46414908 6,09709197 9,S3203043 9, 16094547 8, 81559185 8, 4SE0SE25 6, 18260699 7,89565992 7,37166812 6,90607669 6,49056442 6,11818273 9 61829628 9, 23722515 8, 88107860 8,54780023 8,23552197 7,96255350 7, 40853586 6,93515499 6, 51353428 6, 13636662 9, 69707623 9, 30656650 8,94215258 8,60162182 8, 28297934 7,984h2276 7, 4119987 6, 96066228 6,53350806 6, 15203829 9, 76901756 9, 36960591 8, 997K2315 8,65010975 8,32554201 8, 02180604 7, 47008838 6,98303708 6, 55087658 6, 16555025 9,83471923 9, 42691446 9, 04744176 8, 69379257 8 36S71481 8,05518596 7, U9SESSAS 7,00266411 6,56597963 6,17719849 9,BH72O76 9,47901315 9,09270747 8, 73316646 8,39795050 8,0BK98S48 7,51827737 7,01988080 6,S7911272 6,18724008 9, 94951668 9,52637559 9, 13367192 8, 76860041 8, 42865516 811159436 7, 53829856 7,0349851S 6,59053280 6,19589662 999955861 9,56945235 9, 17074382 8, 0054091 845619296 8,13535210 7, 55601643 7, 04825084 6, 60046331 6, 20535915 10, 0452590 9, 60857486 9, 20429305 8, 82951614 8, 48089055 8,15656438 7,57169595 7,05985161 6,60909853 6,20979237 10, 0869945 9,64415897 9, 25465634 8, 85525976 8, 50504085 8,17550591 7,58557164 7,0700K527 6,61660761 6,21535825 10, 1251091 9,67650815 9,26213063 8, 87859438 8, 52290659 8,19261420 7,59785101 7,07896708 6 62313688 6,22011918 10, 1599170 9,70591650 9, 28699604 8, 89963458 8 54072340 8,20751268 7,60871770 7, 08683077 6, 62BB146B 6,22424067 10, 1917050 9, 75265136 9, 30949868 8, 91858971 855670260 8,22099346 7,61853425 7,09571120 6, 63375189 6,22779368 10,2207352 9, 75695579 9, 52986306 8, 93566640 &, 57103372 8,23302988 7,C26B4447 7,0997K667 6, 63804512 6,23085662 10,2472467 9, 77905071 9, 34829236 8, 95105081 8, 58388675 8,24377668 7,63437564 7,105040% 6, 64177837 6,23349709 10,3490434 9, 86280787 9,41727062 9,00791001 8, 63079871 8,28251648 7, 66086449 7, 12321659 6, 65429278 6,24214275 10,4137076 9,91481448 9, 45916042 904165317 8, 65802004 8, 3OLL9BK3 7,67526158 7, 13265645 6, 66051466 6, 24625905 10, 4547838 9, 94710849 9, 48455538 9, 06167810 8, 67381560 8,31677166 7,68506489 7, 13755922 6, 66360803 6, 26821889 26Tabla 4.5 INTeRES «0,170,189 02 ot 022 0,23 0,26 0,25 0,26, 8 16 7 18 ” BEVRR RORVS K¥oReS S8as sesee 0, 85470085 0,84745765 0,84033613 0,85333333 0,82644628 0,81967213 0,81300813 0,80645161 0,80000000 0,79365079 1,SBS214K1 1,56564206 1,54650095 1,S2777778 1,S0945974 1, 49153453 1,47399035 1,45681582 1, 44000000 1,42553238 2, 2O9SBL96 2, 17427293 2, 13991677 2, 10648148 2, 07395367 2,04224142 2,01137427 1,98130308 1,95200000 1, 92343839 2, 74325501 2,69006180 2,63858552 2,58873457 2,54064105 2, 49364051 2, 44827176 2, 40427668 236160000 2,32018920 3, 19984616 3, 12717102 3, 05765488 2,99061213 2,92598433 2,86363976 2,80347297 2,74538441 2, 68928000 2, 63507079 3, 58918475 3, 49760256 3, 40977721 3,32551011 3,26461515 3,16691783 3,09225445 3,02047130 2,95142400 2,88497682 3, 92230013 3, 81152759 3, 70569514 3,60459176 3,50794640 3, 41550642 3,32703616 3,24231556 5, 16113920 3,08331493 4 2076250 4, 07756575 3,95436566 3,83715980 3, 72557554 3, 61926756 3,51791556 3,42122223 5,32097136 3,24072614 4, 45056624 4, 30302182 4, 16335269 4, 03096650 3,90543433 3,78628488 3,67310208 3,565S0179 3,46312908 5, 36565566 4 65860362 4, 49408629 4, 33895486 4, 19247208 4, 05407796 3,92518433 3,79926998 3,68185629 3,57050327 3, 46.8608 4, B3641335 4, 65600533 4, 48649988 432706007 4, 17692393 4,03539699 3, 90184551 3,77569055 3,65640261 3,54349689 4, SBBSETUB 4, 79B22UES 4, 610504610 4, 43921672 4,27EAA9SS 4, 12737458 3, 98526025 3,85136335 3,72512209 3,60594991 5,11827990 4, 90951259 4, 71470933 4, 53268060 4, 36235498 4,20276605 4,05304086 3, 9123898 3,78009767 3,68551580 5, 22929905 5,00806151 480227675 4,61056717 4, 43169833 4, 26456233 4, 10816330 3,96160467 3,€2407813 3,6948538% 5, 32418723 5, 09157755 4,875862B1 4, 67547264 4, 48900688 4,31521503 4, 15297829 4,00129409 3,85926251 3, 726074iS 5, 40528823 5, 16235386 4, 93769984 4, 72956053 4, 53636932 435673363 4, 18961326 4,03330168 3,88741000 3,75085274 5, A7460552 5, 22253378 4, 96966373 4, 77463377 4, 57551184 439076527 4,21903515 4,05911426 3,90992800 3,77051804 5,S3385070 5,27316422 5, 03333087 4,B1219481 4, 60786102 4, 41866005 4,24311801 4,07993085 5,92794240 3, 78612543 5, 58648778 5, 31626086 5,07002594 4, BABL9SER 4, 63459589 4, L41S2U63 4, 26269757 4,ORKTIBAS 3,94235392 3,7985%225 5 ,627T6TSS 5,35274649 5, 10086213 4,B6957973 4, 65669081 4, 46026609 4, 27861591 4,11025680 5,95388513 3, 80854305 5, 66475840 5, 38368347 5, 12677450 4,89131664 4, 67495108 4, 4756279% 4, 29155765 4, 12117484 3,96310657 5,81614528 5 69637470 5, 40990126 5, 14855033 4,90943037 4, 69004222 4, 48821963 4, 30207939 412997971 3,97048520 3,82233752 5, T2BS9718 5, 43211970 5, 16684902 4,92652530 4, 70251423 4, 4FBS4068 4, 31OE3365 4, 13708061 3,97638B16 3,82725200 5, 7ues9332 5, 45094889 5, 18222607 4,937IOG42 4, 71282168 4, SO7O00SS 4, 31758E33 4, 14260678 3,98111053 3,83115238 5, 76623360 5, 46690584 5, 19516795 4, 94758701 4, 72134023 4, S139SLES 432324256 4, 14762482 3,98K888K2 3,85426792 5, T8B10566 5, 48042868 5,20600668 4,95632251 4, 72838035 4, 51961875 432783947 4, 15114905 3,98791074 3,83670470 5, 79752619 5, 49188871 5,21513167 4, 96360209 4, 73419864 4, 52427766 433157680 4, 1S415266 3,99032859 3,83865452 5, BOR5144 5,50160060 5,22279972 4,96966841 4, 73900714 4, 52809645 4, 33461528 4, 15657456 3, 99226287 3,84020200 5 82038585 5,50983102 5,22926346 4,97472367 4, 74298110 4, 53122659 4, 33708560 4, 15852787 3,99881029 3,86143016 5, B29S8961 5,51680595 5, 25465837 4,97893639 4, 74626537 4,53379229 4,33909398 4, 16010312 3,99504823 3,84240489 5, 837OBS14 5,52271690 5,23920871 4, 98264699 4, T4897HES 4, 53589532 4,34072681 4, 16137348 3,99603859 3,84317848 5, BA366251 5,52772619 5, 24308253 4,98537249 4, 75122285 4,53761911 4,34205432 4, 16239797 3, 99683087 3,84379246 5 ,BU92B420 5, 53197134 5, 24626582 4,987B1061 4, 75307673 4, 53903206 434313359 4, 16322417 3, 99766469 3,84427972 5 85408906 5,53556896 5, 24894607 4,98984201 4, 75460887 &,$4019021 4, 34401105 4, 16389046 3,99797775 3,BKn6664% 5, BSB19577 5, 53861774 5,25121518 4,99153501 4, 75587510 454113952 434472463 4, 16UA2779 3, 99837740 3,84497336 5, 86170579 5,54120147 5,25312200 4,99294584 4, 75692157 4, SUI9ITE 4, 34530441 4, 16486112 3, 99870192 5, 84521695 5, B647OSBO 5,54339108 5,25472487 4,99412153 4, 75778642 4, S425554h 4,34577594 4, 16521058 3, 99896154 3,84541028 5,B6T2EBN2 5,S4524668 5,25607090 4,99510127 6,7S850117 4,S4307B25 4, 34615930 4,16549240 3,99916923 3, 84556371 5,B694G147 5,S4681922 5,25720264 4,99591773 4, 75907188 4,54350674 4,34647098 4,16571968 3,99953538 3, 84568549 5, 87133459 5,54815188 5,25815331 4,99659611 4,75958006 4, S<385798 4,34672437 4,16590296 3,99946830 3, 84578213 5, BTTSETSb $, 35231984 5, 26106072 4,99863285 4, 7610089 4, SAAB6382 4, 34743475 4, 1E6K06TE 3,99982577 3, 84605680 5, BBO06OTI 5,55414097 5,26227907 4,99945057 4,76155921 454523597 4,3476B7OB 4, 16657780 3,99994291 3, 84611699 5, BB13OTA3 $,55493723 5, 26278962 4,99977919 4, 76177153 4,56S3TSOT 4, 34777671 4, 16663635 3,99998129 3,B4614226 7Tabla 4.6 INTERES 0,270,280, 29 Oe = (60 = OL} OJ = 90k5 = ee ky " 2 % RURVS FUT BENRG BBES SEYeE (0,78740157 0,78125000 0,77519380 0,76923077 0, 76335878 0,75757576 0,75187970 0, 74626866 0, 74074074 0, 73529612 1,A0740281 1, 39160156 1,37611922 1,36094675 1,34607S40 133149679 1,31720278 1,30818556 128943759 1,27595156 1,89559277 1, 6843872 1,84195289 1,81611288 1, 79089725 1, 76628544 1,74225773 1,71879520 1, 69587969 167349579 2,27999431 2,24096775 2, 20806425 2, 16624068 2,13045592 2,09567079 2, 05184792 2,02895164 1, 99694792 1, 96580425 2, 58267268 2, 53200605 2, 48299554 2, 43556975 2, 38966100 2,3452051% 2, 30216129 2,26041167 2,21996142 2, 18075842 2,B2100211 2, 75957973 2, 69999656 2, 64274596 2, 58752748 2,53424632 2, 48281300 2,A3514305 2, 58515660 233877825 300866307 2,98701541 2, 84821437 2,80211227 2, 73857060 2, 67745933 2, 61865639 2,56204704 2,SO7S2341 2, 45498401 3,15642762 3, 07579329 2,99861579 2,92670175 2, 85387068 2,78S95404 2, 72079427 2, 65826406 2,59816549 2,54042961 3, 2TATTTES 3, 18421350 3,09970216 3, 01900136 2, 96188602 2,86814700 2, 79758968 2, 73005288 2,66530777 2, 60325692 3,56439185 3,26891680 3, 17806369 3,09153949 3,00507329 2,93041439 2, 85533058 2, 78360662 2,7150K279 2, 64945362 3,43652901 3,33509125 323880906 3,14733807 3,06036129 2,97758666 2,89874K80 2,82358703 2,75188355 2, 68842178 3,A9532995 3,38679006 3,28589850 3,19026005 3,09951244 3,01332322 2, 95138707 2,85542316 2,77917300 2, 70839636 3,S3808506 3,42717972 3, 32240195 3,22527696 3, 12939880 3,04039638 2, 95593012 2,87568892 2, 79958740 2, 72676350 3,STS2TI7O 3,45873415 3, 35069917 3,24867459 3,15221283 3,06090635 2, 97438355 2,89230516 2,81436106 2, 74026728 36100134 3, 48538605 3,37263502 3,26821122 3,16962811 3,07644420 2,98825831 2,90470535 2,82545262 2,75019653 3,62283570 3,50264535 3, 38965955 3,28323940 3, 18292222 3,08821530 2, 99869046 2,91395921 2,85566861 2, 75769765 '3,64002811 3,51769168 3, 40282135 3,2947995% 3,193070K0 3,09715280 300653418 2,92086508 2,8397S452 2, 76286577 3, 65356544 3,52944663 3, 41305961 3,30369195 3,20081710 3, 10388849 3, 01263171 2, 92601872 2,84626261 2, 76681306 $3, 0622475 3,53863017 3, 42096109 3,31053227 3,20673061 5,10900643 3, 01686595 2,92986471 2, 84760193 2, 76971569 3,67261792 3,S4S80482 3, 42710162 3,31579405 3,21126474 3,11268566 3, 02019996 2,9527S486 2,85007550 2, 77184962 3,6792267O 3,55141002 3, 43186172 3,31984158 3,21469086 3,11582095 3,02270673 2, 939687676 2,85190778 2, 77341886 ‘3, 6B4K3OK7 3,55578907 3, 43555172 3,32295506 3,21752110 5,11804617 3, 02459183 2,936A7519 2,88326502 2, 77457267 368852793 3,SS9Q10R1 3, 43841218 3,32535004 3,21932908 5,11973195 3,C2600867 2,95766805 2,85427038 2, 77542108 3, 69175428 3,56188298 3, 64062960 3,32719234 3,22086189 3, 12100805 3,C2707418 2,9385S825 2,85501510 2, 7604491 15 69429470 3,56397108 3, 44234853 3, 32860949 3,22203198 3, 12197685 3,02787S35 2,93922257 2,855S667E 2, 77680361 13, 69629506 3,S65602K0 3, 44368108 3,32969961 3,22292517 3,12270951 3,02847769 2, 93971834 2,85597S36 2, 77684089 3,65787011 3, 56687688 3, 4ed71397 3,33053816 3, 22360700 3, 12526478 3,02893059 2,96008831 2, 85627804 2,77708889 3,69911032 3,56787256 3, 44551471 3,33118320 3,22612748 3,12368SAb 3,C2927112 2, 9U0B6KE1 2,85650225 2, 77727126 ‘3, TOOOSEBT 3,S6B5SOK3 3, 64613543 3,38167938 3,22452479 3, 12400412 3,C2952716 2, 94057045 2, 85656853 2,7740532 3, 70088580 3,56925815 3, 44661661 3,33206106 3,22482808 3,12626556 3,00971967 2,94072622 2, 85679136 2,77750391 3,7OU6126 3,S6973293 3, 66698962 3,33235466 3,22505961 3, 12642846 3,02986441 2, 94083897 2,85688269 2,77757640 13, 7O19S800 3,S7O10385 3, 44727877 3,35258051 3, 22523634 3, 12486700 3, 2997324 2, 94092460 2, 85694999 2, 77762971 3, TORB1S3B 3,S7O39363 3, 44730292 3,3327S426 3,22537125 3, 12467197 3,03005507 2, 94098851 2,85699999 2,77766890 13, 70260896 3,57062002 3, 44767668 3,33288787 3,22547424 3, 12475149 3,03011659 2, 94103620 2,85703703 2, 77769772 13, 70RBLI7O 3,S7O796ED 3, GA7BIT3B 3, 35299067 3,22555285 3,12481173 3,03016285 2, 94107179 2,85706K47 2,7771892 13, 70802696 3,57093507 3, 44791580 3,33306976 3,20561286 3,12485737 3,0B019763 2, 96109855 2,85708479 2,777S4S0 13, 70816926 3,57106302 3, 44799674 3, 33813057 3,22565867 3,12480195 3,03022378 2,94111817 2, 85709985 2,77774595 3, 70828288 3,57112736 3, 680599 3,533177S6 3, 2569864 3, 12691816 3,O30R4344 2,96113296 2,85711100 2, 77775438. 3, 70337235 3,57119325 3, 44810813 3,33321335 5,22572034 3,12695798 3,0502SE23 2,96116K00 2,85711926 2, 77776057 3, 7OBGLQ80 3,S7124473 3, 448N45E4 B,35S2UI05 3,22574072 3, 12495302 3,O8026935 2,96115226 285712538 2, 77776513 3, OS6247S 3, 57137507 3, 44823947 3, 35330848 3,22578941 3, 12696828 3, 03029496 2,96117086 2,057138%6 2, 77777506 13, 7867980 3,57161300 3, 44826567 5, 35532664 3, 22580204 3, 12499707 3,QS030109 2,96117S17 285716199 2, 77777719 3, TOS696A7 3,57142404 3, 44827301 5,33555153 3,22500531 3,12499927 3, 03030256 2,96117617 2,85714265 2,77777765, 28