@XÄO JH \RIBAHDOS \ORO HA \RMDHR \ORCMOA

DÍZIJIS CXOEZMZOZM^IS HE NMEOEWOS M (CN-<3<)
NOCXAZOJ JH CIEZOJXRÄO \×BAMCO
@XÄO JHA \RMDHR \ORCMOA, Rhv. Nhbrhri 2<?3
?.- Ha ?0 jh eivmhdbrh jha 2<<=, ueo hdprhso cidhrcmoa cietrogi ueo jhujo pir ao cidpro jh ue
hqumpi jh vhetos cuyi cisti hs jh :8<,8<< Jóaorhs, po`o ueo prmdo jha 2<% y ha rhsti ai po`orï ha ?:
jh o`isti jha 2<?<, cie ueo toso jh methrís jha ?2.08% shdhstroa smdpah. Coacuaor ha voair quh jhbhrï
po`or ao hdprhso sm7
o.  Sh utmamzo cïacuai jh tmhdpi rhoa y bosh jh coacuai jh methrhshs cidhrcmoahs
b.  Sh utmamzo cïacuai jh tmhdpi rhoa y bosh jh coacuai jh methrhshs rhoahs
c.  Sh utmamzo cïacuai jh tmhdpi cidhrcmoa y bosh jh cïacuai jh Methrhshs Cidhrcmoahs.
j.  Ao nhcko he ao hdprhso jhbhräo po`or ao coetmjoj jh :::,>:3.8< (usor bosh 3</3><)
(R/4 o.- :2=,32>.8< b.- :2;,3;2.3< c.- :2;,8><.>8 j.- ?0 jh ictubrh jha 2<?<)

2.- Sm ha cisti jha jmehri poro ueo hdprhso hs jh ue 2<% oeuoa he jhscuheti Boecormi smdpah, jm`o quh
ah cievmheh dïs, sm jhsho vhejhr ue poquhth jh mevhrsmiehs jh ao Nirj Ditirs Ci.7
o)  Rhcmbmr oa Cietoji ?8 Dmaaiehs jh Jóaorhs
b)  Rhcmbmr ue po`i memcmoa jh 8 Dmaaiehs jh Jóaorhs y jis ahtros jh codbmi oeuoahs, ao prmdhro
pir > Dmaaiehs jh Jóaorhs y ao itro pir ;.8 Dmaaiehs jh Jóaorhs
c)  Rhcmbmr ue po`i memcmoa pir 0.8 Dmaaiehs jh Jóaorhs y ue po`orí cie methrhshs jh ue 3.28%
trmdhstroa smdpah o po`orsh jhetri jh ?; dhshs pir ao coetmjoj jh ; Dmaaiehs jh Jóaorhs
(R/4 b.- ?:.= DD c.- ?:.?=2 DD 6 \ir ai toeti ao dhgir ipcmóe hs ao ‑o— yo quh rhcmbh dïs jmehri)

3.- \hjri Irjóÿhz, tmheh ueo jhujo cie ueo coso cidhrcmoa pir ao coetmjoj jh 3<<,<<< quh jhbhrï
po`or jhetri jh = dhshs dïs ueo toso jha 28% oeuoa smdpah. Ao coso cidhrcmoa ojdmth po`is porcmoahs,
pir ai quh \hjri rhoamzo 2 obieis porcmoahs jh su jhujo cie ha ibghtmvi jh rhjucmr ao coetmjoj jh
methrhshs quh jhbhräo po`or7 uei pir =<,<<< o ais 3 dhshs y itri jh ?8<,<<< o ais 0 dhshs. Cuoeti
jhbhrï shr ha po`i oa nmeoa o ais = dhshs7
o)- \ir ao rh`ao jh Soajis mesiautis
b)- \ir ao rh`ao cidhrcmoa
c)- Jh cuoeti sie ais methrhshs y ais okirris privicojis he cojo co
cosi.
si.

(R/4 o.- ?<?,;;;.<2, b.- =;,08<.<<, c.- RSM7 Mets. :?,;;;.<2 Okirri, ?:,3>?.=; RC7 Mets. 3;,08<.<<
Okirri, ?0,8<<.<<)

:.-
20<Ïe`hao Soejhrs
jäos, cuyi voaircidpró
jh po`ihaoa22 jh nhbrhri hstï
vhecmdmheti jha 2<<; ue tätuai
hstmpuaoji eh`icmobah
he 308,<<< jhoamevhrsmóe
y quh didhetio sh
ueaopaozi jh
cidpro
sh po`ó (Citmzocmóe jh dhrcoji) ue voair jha ;0.8<% sibrh ha voair oa vhecmdmheti. ??3 jäos oeths jh
quh vhezo ha chrtmnmcoji, ao Srto. Soejhrs vhejh ha jicudheti oa Boeci Mejustrmoa, quh jhsho `oeor ueo
toso jha =% shdhstroa he jhscuheti boecormi sibrh hsth tmpi jh iphrocmiehs. Sh pmjh7

o.  Ao toso jh methrís smdpah quh `oeoräo ao Srto. Soejhrs, sm sh jhcmjh pir doethehr ha tätuai jh
mevhrsmóe kosto ha vhecmdmheti.
b.  ^oair pir ha quh cidproräo ha jicudheti ha Boeci Mejustrmoa, o ao Srto. Soejhrs.
c.  @oeoecmos quh sh ibtuvmhrie he ao troesoccmóe, toeti poro ao Srto. Soejhrs, cidi poro ha Boeci.
j.  Jhthrdmeor he tírdmeis jh voair y toso jh methrís oeuoa smdpah, sm he hsto troesoccmóe, ao Srto.
Soejhrs rhoadheth `oeó i phrjmó.
(R/4 o.- ?=.<:0>?=<8% oeuoa, b.- 383,;?2.8< c.- Soejhrs7 28,>;0.8< Boeci M7 2?,?;0.8< j.- hd
tírdmeis jh toso jh methrís7 phrjmó ?.<=>08% smdpah oeuoa y he voair phrjmó7 3?.03)
 

@XÄO JH \RIBAHDOS \ORO HA \RMDHR \ORCMOA

DÍZIJIS CXOEZMZOZM^IS HE NMEOEWOS M (CN-<3<)
NOCXAZOJ JH CIEZOJXRÄO \×BAMCO
@XÄO JHA \RMDHR \ORCMOA, Rhv. Nhbrhri 2<?3
8.- Ha boeci jha cidhrcmi cidpro ueo jhujo pir ha ;8% jh su voair irm`meoa, =: jäos oeths jh su
vhecmdmheti. Jhthrdmeor ha bhehnmcmi ibthemji he tírdmeis jh toso jh methrís7 o.- He jhscuheti
boecormi smdpah b.- He jhscuheti dothdïtmci smdpah. (R/4 o.- 80.::>;% oeuoa b.- >0.8;::% oeuoa)

>.- Ao hdprhso Codoriehs jha Sur, ehchsmto cidpror ue thrrhei ojmcmieoa jh 2<< khctïrhos poro
odpamor sus hstoequhs jh prijuccmóe y rhcmbh jis inhrtos bostoeth otroctmvos pir ue aith voairoji he A
?,8<<,<<<.<< 7
o.- 8<% oa cietoji y jis po`is jh A >;<,<<< o > dhshs y ue oÿi rhsphctmvodheth.
b.- 3<% oa cietoji y trhs po`is, cojo cuotri dhshs jh A :><,82<
Cuoa jh aos jis inhrtos hs ao dïs cievhemheth, sm ao toso jh methrís poro mevhrsmiehs sh ciesmjhro jha
8.;3333333% bmdhstroa smdpah. (R/4 o.- ?,;32,:20.?? b.- ?,80>,=2>.:= ao dhgir ipcmóe jh
nmeoecmodmheti hs ao ‑b—)

0.- Ha ?8 jh <ctubrh jha 2<?<, ueo phrsieo cietrogi ueo jhujo pir ao cidpro jh hahctrijidístmcis he ao
coso cidhrcmoa ‑Ha @oaai dïs @oaai—, ao cidpro nuh pir ao coetmjoj jh 0>,8<< y sh po`o ueo prmdo jha
?8% y ha rhsti ai po`orï ha ?8 jh doyi jha 2<??, cie ueo toso jh methrís jha 2<% oeuoa smdpah.
Coacuaor ha voair quh jhbhrï po`or ao hdprhso sm7
o.  Sh utmamzo cïacuai jh tmhdpi rhoa y bosh jh coacuai jh methrhshs cidhrcmoahs
b.  Sh utmamzo cïacuai jh tmhdpi rhoa y bosh jh coacuai jh methrhshs rhoahs
c.  Sh utmamzo cïacuai jh tmhdpi cidhrcmoa y bosh jh cïacuai jh Methrhshs Cidhrcmoahs.

(R/4 o.- 02,>;3.8<, b.- 02,80;.8=, c.- 02,>??.28)

;.- He cuoeti tmhdpi ue copmtoa jhthrdmeoji crhch he ue 02%7

o.- Cie ueo toso jha 0.?28% smdpah trmdhstroa.
b.- Cie ueo toso jha 2.22=2% he jhscuheti boecormi smdpah
(R/4 o.- ?<.?< trmdhstrhs6 b.- ?;.00 oÿis)

=.- Xeo cirpirocmóe tmheh aos sm`umheths jhujos7 Xe jicudheti pir 2.8 dmaaiehs cie ha ?8% jh methrís
smdpah oeuoa, nmrdoji koch 0 dhshs y quh sh coechaorï jhetri jh 8 dhshs6 y ueo ahtro jh codbmi pir ao
coetmjoj jh 8 dmaaiehs nmrdojo koch ?8 dhshs y quh jhbhrï po`orsh jhetri jh ?8 dhshs. Ao
cirpirocmóe
hstructuro jhjhsho
po`is,rhhstructuror su jhujo
jh ao sm`umheth doehro7y trhs
cievmheh
po`iscie su boeci,
m`uoahs, he sustmtumr
o po`orsh jhetri jhhstis po`is
?2, 2: y 3>pir itro
dhshs
rhsphctmvodheth6 ha boeci ochpto hsth cievhemi smhdprh y cuoeji ao toso jh methrís cievhemjo sho jha
3.8% trmdhstroa he jhscuheti boecormi smdpah. Cuoa hs ha voair jh hstis po`is (utmamzor cidi nhcko nicoa
ao jha prmdhr po`i, hs jhcmr ais ?2 dhshs) (R/4 3,<;3,8=3.>?)

?<.- Ha Sr. Nhrrorm, nmrdó ueo ahtro jh codbmi o ao hdprhso Hqumpis Díjmcis, S.O. cidi Rhprhshetoeth
y \rhsmjheth jh ao Zhahtie, pir A 2,8<<,<<< o ?2 dhshs paozi pir ueis hqumpis díjmcis poro ue euhvi
hjmnmcmi jh ao Zhahtie. Ha cisti jh hstis hqumpis hs jh A ?,=8<,8<< Cuoa hs ao toso jh jhscuheti
dothdïtmci i rocmieoa quh sh opamcó he hsto troesoccmóe. Sm trhs dhshs jhspuís jh kobhr nmrdoji ao
ahtro, Hqumpis Díjmcis jhscuheto ao ahtro he Boeci Si`hrme y rhcmbh siai A 2,<3?,28< Jh cuoeti hs ao
toso jh jhscuheti boecormi y jh cuoeti hs ao toso smdpah hqumvoaheth he hsto troesoccmóe. (R/4
2;.?022>:% smdpah oeuoa, 28% he jhscuheti Boecormi y su hqumvoaheth 3<.0>=2% smdpah oeuoa)
 

@XÄO JH \RIBAHDOS \ORO HA \RMDHR \ORCMOA

DÍZIJIS CXOEZMZOZM^IS HE NMEOEWOS M (CN-<3<)
NOCXAZOJ JH CIEZOJXRÄO \×BAMCO
@XÄO JHA \RMDHR \ORCMOA, Rhv. Nhbrhri 2<?3
??.- Rmeo Cruz cidpró ha 22 jh dorzi jha 2<<; ue tätuai eh`icmobah jh mevhrsmóe o ue paozi jh 20<
jäos, cuyi voair jh po`i oa vhecmdmheti hstï hstmpuaoji he 3=8,<<< y quh oa didheti sh ao cidpro sh
po`ó (Citmzocmóe jh dhrcoji) ue voair jha ;=.8<% sibrh ha voair oa vhecmdmheti. ??3 jäos oeths jh quh
vhezo ha chrtmnmcoji, ao Srto. Cruz vhejh ha jicudheti oa Boeci Mejustrmoa, quh jhsho `oeor ueo toso jha
?3.8% shdhstroa he jhscuheti boecormi sibrh hsth tmpi jh iphrocmiehs. (Coacuaor cie tmhdpi coahejormi
i rhoa bosh cidhrcmoa) Sh pmjh7

h.  Ao toso jh methrís smdpah quh `oeoräo ao Srto. Cruz, sm sh jhcmjh pir doethehr ha tätuai jh
mevhrsmóe kosto ha vhecmdmheti.
n.  ^oair pir ha quh cidproräo ha jicudheti ha Boeci Mejustrmoa, o ao Srto. Cruz.
`.  @oeoecmos quh sh ibtuvmhrie he ao troesoccmóe, toeti poro ao Srto. Cruz, cidi poro ha Boeci
Mejustrmoa.
k.  Jhthrdmeor he tírdmeis jh voair y toso jh methrís oeuoa smdpah, sm he hsto troesoccmóe, ao Srto.
Cruz rhoadheth `oeó i phrjmó.
(R/4 o.- ?8.>:2:8;?% oeuoa smdpah, b.- 3>?,823.08 c.- Soeto Cruz7 0,==;.08 Boeci Mejustrmoa7
33,:0>.28 j.- Zoso jh methrís quh `oeo hs7 8.?;;<8;2?:% oeuoa smdpah, pir ai toeti pmhrjh yo quh hs
dheir quh ao toso `hehrojo he ha mecmsi ‑o—, ha voair quh sh jhgo jh `oeor hs jh ?:,=;=.:0)

?2.- Zidoeji
Ditirs Ci., sh jh
pmjhbosh ais jotis jha pribahdo Ei. 2 jh hsto `uäo, jha poquhth jh occmiehs jh ao Nirj
ai sm`umheth7
o.  Cuoa jhbhräo shr ao toso oeuoa jh jhscuheti boecormi smdpah, poro quh sho mejmnhrheth tidor ao
ipcmóe ‑o— i ao ‑b— (Ipcmóe ‑o— 4 Ipcmóe ‑b—)
b.  Cuoa hs ao toso jh methrís smdpah oeuoa hqumvoaheth, tidoeji he cuheto ao toso jh jhscuheti
Boecormi smdpah coacuaojo he ha mecmsi ‑o— y ue tmhdpi jh 3< dhshs  
(R/4 o.- ?=.8>82?03=% oeuoa he jhscuheti boecormi smdpah, b.- 3;.2=0;023:% oeuoa smdpah)

?3.- Ao Nmrdo Zirrhs Aozi

Aozi y Osic. @oei ue cietroti jh ciechsmóe poro Ohripuhrtis pir ue tírdmei jh
?8 oÿis he Kiejuros. Xei jh sus privhhjirhs he XSO ah vhejh vormis jh ais hqumpis jh rojor y
cietriaojirhs jh trïnmci oírhi poro usi jh aos tirrhs jh cietria y nmrdoe ?2 ahtros oeuoahs pir ha dieti
jh $ ?38,<<< Ha privhhjir vo o ue boeci o jhscietor ao ahtro Ei. : y 8 cuoeji yo koe posoji 2< dhshs
jh ao eh`icmocmóe. Cuoeti rhcmbh ha privhhjir sm ao toso jh jhscuheti boecormi smdpah hs jha ?:% oeuoa.
Jh cuoeti hs ha voair jha jhscuheti rhoamzoji. (R/4 \rhcmi $ ?>2,=<< Jhscuheti7 $ ?<0,?<<)
?:.- Xeo hdprhso tmheh aos sm`umheths jhujos7 ueo ahtro jh codbmi pir 28<,<<< o coechaorsh jhetri jh ;
dhshs y ue po`orí cie methrhshs jha ?2.28% shdhstroa smdpah nmrdoji o 2: dhshs pir ao coetmjoj jh
3<<,<<< quh jhbhrï coechaorsh jhetri jh ?8 dhshs. Ao hdprhso cievmheh cie su ocrhhjir sustmtumr hstis
po`is pir trhs po`is jh ao coetmjoj jh 2><,<<< jh nirdo quh ha prmdhr po`i sho jhetri jh ue oÿi y ha
sh`ueji jhetri jh 2 oÿis. Cuoeji jhbh rhoamzorsh ha thrchr po`i jh 2><,<<<6 sm ao toso jh jhscuheti
boecormi smdpah cievhemjo sho jh ue ?% dhesuoa smdpah. (Xtmamzor cidi nhcko nicoa ha prmdhr oÿi)
(R/4 33.<0:38 dhshs, hs jhcmr 33 dhshs y 3 jäos)

?8.-
o.  Juroeth cuoetis oÿis, ue `rupi jh mevhrsmiemstos Cirhoeis y Zomwoehshs, quh qumhrhe mevhrtmr
he ‑Ckorthr Cmtmhs— he ha \oäs, jhbhe doethehr tätuais jh mevhrsmóe ‑CP]—, poro quh hstis sh
trmpamquhe, sm ao toso jh methrís quh sh ahs ko pridhtmji hs jha 0.08% smdpah shdhstroa.
 

@XÄO JH \RIBAHDOS \ORO HA \RMDHR \ORCMOA

DÍZIJIS CXOEZMZOZM^IS HE NMEOEWOS M (CN-<3<)
NOCXAZOJ JH CIEZOJXRÄO \×BAMCO
@XÄO JHA \RMDHR \ORCMOA, Rhv. Nhbrhri 2<?3
b.  Sm ha rhsuatoji jha mecmsi oethrmir sh ai`roro he ha tírdmei jh 2< shdhstrhs, cuoa jhbhräo shr ao
toso jh jhscuheti boecormi smdpah trmdhstroa quh sh opamco he ao troesoccmóe.

(R/4 o.- ?3.3333333 oÿis, b.- ?.>>>>>0% trmdhstroa he jhscuheti boecormi smdpah)

?>.- Ha ?8 jh ictubrh ao jmstrmbumjiro Dhgäo, vhejh dhrcojhräos oa críjmti y ah nmrdoe ue po`orh pir
08,8<<.<< Ahdpmros o po`orsh jhetri jh > dhshs. Zodbmíe sh rhoamzo itro vheto pir ao quh ah nmrdoe
itri po`orh pir ?;2,8<<.8< Ahdpmros o vhechrsh jhetri jh ; dhshs. Ao jmstrmbumjiro jhscuheto hstis
jicudhetis ha 20 jh jmcmhdbrh, he su boeci o ueo toso jha 3<% he jhscuheti boecormi o.- Cuoeti
rhcmbh ao jmstrmbumjiro ha 20 jh jmcmhdbrh
jmcmhdbrh b.- Cuoahs sie aos tosos jh methrís smdpah hqumvoaheths he aos
iphrocmiehs oethrmirhs. (R/4 o. A 228,>88.:3 b. 32.=>0<% y 3:.;;30%)

?0.- Ha ?< jh guemi ue jmstrmbumjir jh oborriths cidpro dhrcojhräo pir ?;,8<<.<< Ahdpmros y koch ue
oetmcmpi jha 3<% y ha rhsti ai po`o ha 28 jh shptmhdbrh cie ueo toso jh methrís jha 2>% smdpah oeuoa.
Cuoahs sie ais methrhshs quh sh po`oe sm7
o.  Sh utmamzo tmhdpi rhoa y bosh jh coacuai jh methrhshs cidhrcmoa
b.  Sh utmamzo tmhdpi rhoa y bosh jh coacuai jh methrhshs rhoa
(R/4 o. ?<<<.08 b. =;0.<:)

?;.- Xeo hdprhso thxtma tmheh aos sm`umheths jhujos oa jäo jh kiy7 Xe jicudheti pir ?.8 dmaaiehs cie ha
28% jh methrís smdpah oeuoa, nmrdoji koch = dhshs y quh sh coechaorï jhetri jh ?8 dhshs6 y ueo ahtro
jh codbmi pir ao coetmjoj jh 2.2 dmaaiehs nmrdojo koch : dhshs y quh jhbhrï po`orsh jhetri jh ;
dhshs. Ao hdprhso jhsho rhhstructuror su jhujo y cievmheh cie su ocrhhjir, he sustmtumr hstis po`is
pir itro nirdo jh po`is, jh ao sm`umheth doehro7 trhs po`is o po`orsh jhetri jh ?2, 2: y 3> dhshs
rhsphctmvodheth jh nirdo quh ha sh`ueji po`i sho 2 vhchs ha voair jha prmdhri y ha thrchri sho 3 vhchs
ha voair jha sh`ueji po`i6 ha ocrhhjir ochpto hsth cievhemi smhdprh y cuoeji ao toso jh methrís
cievhemjo sho jha :% trmdhstroa he jhscuheti boecormi smdpah. Cuoa hs ha voair jh hstis po`is (utmamzor
cidi nhcko nicoa ao jha prmdhr po`i, hs jhcmr ais ?2 dhshs)
(R/4 \rmdhr po`i7 >>3,3<8.2; Sh`ueji po`i7 ?,32>,>?<.88 Zhrchr po`i7 3,=0=,;3?.>8)

?=.- Ao Hdprhso Aunuso (Auz y Nuhrzo jh Soe Airhezi), ehchsmto cidpror ue thrrhei ojmcmieoa jh 8
doezoeos poro mestoaor
ocoboe jh `oeorsh. aos euhvos
Rhcmbhe paoetos
jis inhrtos `hehrojiros
bostoeth jhpir
otroctmvos hehr`äo haíctrmco,
ue aith voairojijhbmji
he A 3odmaaiehs7
ao amcmtocmóe quh
o.- 38% oa cietoji y jis po`is jh A ?,:<>,28< o > dhshs y ue oÿi rhsphctmvodheth.
b.- 3<% oa cietoji y trhs po`is, cojo cuotri dhshs jh A. ;08,<<<
Cuoa jh aos jis inhrtos hs ao dïs cievhemheth, sm ao toso jh methrís poro mevhrsmiehs sh ciesmjhro jha
22.8% oeuoa smdpah. (R/4 o. A 3,:>2,<<:.?3 b. A 3,?;=,?<;.00 hs dhgir aaoo ipcmóe ‑b—)

2<.- Xeo hdprhso tmheh aos sm`umheths jhujos7 Xe jicudheti pir ?;8,<<< cie ha 22% jh methrís smdpah
oeuoa, nmrdoji koch 2: dhshs y quh sh coechaorï jhetri jh ?2 dhshs6 y itri pir 38<,<<< cie ueo toso
jha 8.8<% trmdhstroa smdpah he jhscuheti boecormi, nmrdoji o 3< dhshs paozi y quh jhbhrï po`orsh
jhetri jh 2> dhshs. Ao hdprhso cievmheh cie su ocrhhjir, he sustmtumr hstis po`is pir itro hstructuro
jh po`is, quh sh jhtoaao o cietmeuocmóe7 trhs po`is m`uoahs, o po`orsh jhetri jh ?2, 2: y 3> dhshs
rhsphctmvodheth6 ha ocrhhjir ochpto hsth cievhemi smhdprh y cuoeji ao toso jh methrís cievhemjo sho jha
8% bmdhstroa smdpah. Cuoa hs ha voair jh hstis po`is (utmamzor cidi nhcko nicoa ha tmhdpi he quh sh
hnhct÷o ha sh`ueji po`i, hs jhcmr ais 2: dhshs) (R/4 Zrhs po`is m`uoahs jh 30?,:?=.<:)
 

@XÄO JH \RIBAHDOS \ORO HA \RMDHR \ORCMOA

DÍZIJIS CXOEZMZOZM^IS HE NMEOEWOS M (CN-<3<)
NOCXAZOJ JH CIEZOJXRÄO \×BAMCO
@XÄO JHA \RMDHR \ORCMOA, Rhv. Nhbrhri 2<?3
2?.- Ha Sr. @hir`h Busk hsto he paheo codpoÿo hahctiroa he ais XSO y sus cirrham`mieormis rhoamzoe
mevhrsmiehs he ais niejis jha Zhsiri Nhjhroa jh ais HH.XX. \oro nmeoecmor porth jh ao codpoÿo. Ao
mevhrsmóe hs jh $?8DD (dmaaiehs jh Jóaorhs) quh oa cobi jh ?8 dhshs sh ah hetrh`o ue ckhquh pir
methrhshs pir ao coetmjoj jh $?.:<DD6 Cuoa shräo ao toso smdpah oeuoa quh sh po`o he ao iphrocmóe
oethrmir. Cuoa shräo ao Zoso jh Jhscuheti oeuoa smdpah hqumvoaheth he ao iphrocmóe oethrmir. (R/4
0.:>>0% oeuoa smdpah, >.;2=2% oeuoa he jhscuheti boecormi smdpah)

22.- Guoe Zirrhs Aozi, tmheh quh po`or jis jhujos7 ueo jh 8<,8<< o coechaorsh jhetri jh 8 dhshs cie
methrhshs jha ?<% shdhstroa smdpah y ueo ahtro jh codbmi pir ao coetmjoj jh ;8,>08.8< quh sh po`orï
jhetri jh = dhshs. Ha Sr. Zirrhs pmjh o su ocrhhjir sustmtumr hstis po`is pir itris jis o po`orsh jhetri
jh = dhshs y ?; dhshs rhsphctmvodheth, ha ocrhhjir cie ao ciejmcmóe jh quh ha prmdhr po`i sho ha 08%
jha voair jha sh`ueji y ao toso jh methrís sho jha 3.28% smdpah dhesuoa. Cuoa hs ha voair jh hstis po`is
(utmamzor cidi nhcko nicoa ais = dhshs) (\rmdhr po`i 02,><?.?3 sh`ueji po`i =>,;<?.8?)

23.- Juroeth cuoetis trmdhstrhs, ueo hdprhso jhbh doethehr ueo mevhrsmóe ‑[—, poro quh hsto rhpirth
me`rhsis pir methrhshs jh jis qumetis jha voair jh ao mevhrsmóe, sm ao toso jh methrís sh ciesmjhro7
o)  Jha ?.08% smdpah bmdhstroa.
b)  Jha 0% smdpah oeuoa he jhscuheti Boecormi.
 
c) Sm ha ibghtmvi sh cudpah he 8 oÿis, cuoa shräo ao toso dhesuoa smdpah quh ah po`oe o ao hdprhso.
(R/4 o.- ?8.23;<=82: trmdhstrhs, b.- ?>.32>83<>? trmdhstrhs, c.- <.>>>>>>>0% dhesuoa smdpah)

2:.- Ha 22 jh doyi JMO\O vhejmó dhrcojhräos pir ao quh ah nmrdorie ais sm`umheths jicudhetis7 ueo
ahtro jh codbmi pir 08,<<<.<< Ahdpmros o coechaorsh ha 22 jh eivmhdbrh jha dmsdi oÿi6 ue po`orí cie
methrhshs jha 28% smdpah oeuoa pir ao coetmjoj jh ><,<<<.<< Ahdpmros o po`orsh ha ?8 jh jmcmhdbrh. Ha
?< jh o`isti JMO\O aahvo ais jis jicudhetis oa Boeci Dhrcoetma, quh jhscuheto hstis jicudhetis o
ueo toso jha ?;.8<% he jhscuheti boecormi o.- Cuoeti rhcmbh JMO\O ha ?< jh o`isti b.- Cuoahs hs ao
toso jh methrís smdpah hqumvoaheth o ao iphrocmóe jh jhscuheti jha jicudheti quh sh po`o ha ?8 jh
Jmcmhdbrh. (R/4 o. ?38,?2=.8= b. ?=.0>==% oeuoa smdpah)

28.-
c.  Sm
ue juroeth ?< oÿis,
2<<%, Cuoa hs ao ueo
toso hdprhso
jh methrísjhbh thehr
smdpah ueo mevhrsmóe
trmdhstroa quh sh ‑P—,
opamcoporo
o ao quh hsto sh mecrhdheth he
troesoccmóe.
j.  Cuoa hs ao toso jh methrís smdpah shdhstroa he jhscuheti boecormi hqumvoaheth he ao troesoccmóe
nmeoecmhro rhoamzojo he ha mecmsi ‑o—.
(R/4 o.- 8% smdpah trmdhstroa, b.- 3.33333333% shdhstroa smdpah he jhscuheti boecormi)

2>.- Ictovmi Sïeckhz, tmheh aos sm`umheths jhujos7 jis ahtros jh codbmi, ueo pir A ><,<<< o coechaorsh
jhetri jh 0 dhshs y ?> jäos, y itro pir A 08,<<< o po`orsh jhetri jh ?3 qumecheos. Ojhdïs Ictovmi,
jhbh ue prístodi pir ao coetmjoj jh 38<,<<< oa 0.8% trmdhstroa smdpah, ciechjmji koch ue oÿi y quh
jhbh coechaorsh jhetri jh ?; dhshs. Ictovmi cievmheh cie su ocrhhjir sustmtumr hstis po`is pir itro
hstructuro jh po`is, jh ao sm`umheth doehro7 jis po`is, jh nirdo quh ha prmdhri sho ue 38% jha voair
jha sh`ueji po`i, o po`orsh jhetri jh ? y 2 oÿis rhsphctmvodheth, ha ocrhhjir ochpto smhdprh y cuoeji
ao toso jh methrís cievhemjo sho jha ?8% smdpah shdhstroa he jhscuheti boecormi. Cuoa hs ha voair jh
hstis po`is (utmamzor cidi nhcko nicoa ha prmdhr oÿi) (R/4 \rmdhr po`i7 2<<,2:=.8; Sh`ueji po`i7
802,?:?.>8)
 

@XÄO JH \RIBAHDOS \ORO HA \RMDHR \ORCMOA

DÍZIJIS CXOEZMZOZM^IS HE NMEOEWOS M (CN-<3<)
NOCXAZOJ JH CIEZOJXRÄO \×BAMCO
@XÄO JHA \RMDHR \ORCMOA, Rhv. Nhbrhri 2<?3

20.- Gisí Aums Rhyhs, tmheh ueo jhujo cie ueo coso cidhrcmoa pir ao coetmjoj jh 28<,<<< quh jhbhrï
po`or jhetri jh ?< dhshs dïs ueo toso jha 3<% oeuoa smdpah. Ao coso cidhrcmoa ojdmth po`is
porcmoahs, pir ai quh Gisí Aums rhoamzo 2 obieis porcmoahs jh su jhujo cie ha ibghtmvi jh rhjucmr ao
coetmjoj jh methrhshs quh jhbhräo po`or7 uei pir 08,<<< o ais 2 dhshs y itri jh ?2<,<<< 8 dhshs
jhspuís jha prmdhr po`i. Cuoeti jhbhrï shr ha po`i oa nmeoa o ais ?< dhshs7
o)- \ir ao rh`ao jh Soajis mesiautis
b)- \ir ao rh`ao cidhrcmoa
c)- Jh cuoeti sie ais methrhshs y ais okirris privicojis he cojo co
cosi.
si.

(R/4 o.- =0,080.;?, b.- =3,8<<.<<, c.- RSM7 Mets. :2,080.;? Okirri, ?=,0:2.?= RC7 Mets. 3;,8<<.<<
Okirri, 2:,<<<.<<)

2;.- Sm ha cisti jha jmehri poro ue Boeci jh ao aicoamjoj hs jh ue 23.8<% oeuoa he jhscuheti Boecormi
smdpah, jm`o quh ah cievmheh dïs, sm jhsho vhejhr ue poquhth jh Occmiehs jh ueo hdprhso ‑[—.7
j)  Rhcmbmr oa Cietoji ?> Dmaaiehs jh Jóaorhs
h)  Rhcmbmr ue po`i memcmoa jh 8.8 Dmaaiehs jh Jóaorhs y jis ahtros jh codbmi oeuoahs, ao prmdhro
pir > Dmaaiehs jh Jóaorhs y ao itro pir ;.8 Dmaaiehs jh Jóaorhs
 
n) Rhcmbmr
shdhstroauesmdpah
po`i omemcmoa
po`orshpirjhetri
0.8 Dmaaiehs jh Jóaorhs
jh ?; dhshs y ue po`orí
pir ao coetmjoj jh ;.8 cie methrhshs
Dmaaiehs jh ue 0%
jh Jóaorhs
(R/4 b.- ?:.8=8 DD c.- ?:.?8=8308 DD 6 ao dhgir ipcmóe hs ao ‑o— yo quh rhcmbh dïs jmehri)

2=.- Sobmheji quh ha jmehri tmheh ue cisti jha 3<% smdpah oeuoa, jm`o quh ah cievmheh dïs o ueo
phrsieo quh qumhrh cidpror ueo coso7
`)  \o`or jh Cietoji >=8,<<<
k)  \o`or ueo prmdo jh ?:<,<<< y nmrdor jis ahtros jh codbmi o > dhshs cojo ueo pir 3?<,<<<
m)  Ei po`or prmdo y hnhctuor 3 po`is trmdhstroahs jh 208,<<<
(R/4 b. >:;,<2>.0> c. 0?=,:3:.?; 6 ao dhgir ipcmóe hs ao ‑b—)

3<.- He ao hdprhso OBC, sh ko aah`oji oa sm`umheth ocuhrji he cuoeti oa oudheti jh soaormis poro ha
sm`umheth oÿi7 Suhajis menhrmirhs o 3,8<< oudheti jh ue ?;%, hetrh 3,8<<.<? o ;,<<< oudheti jha
?3.8%,
oudhetisuhajis hetrh Sm
jh ue 0.8%. ;,<<<.<? o ?0,<<<
ha suhaji dïxmdioudheti
octuoa hejhao ue ?<% yhssuhajis
hdprhso suphrmirhs
jh 32,8<< sh pmjh7 oo.-?0,<<<.<? ue
Coacuaor aos
tosos jh cirrhccmóe jh cojo hscoao jh suhajis b.- Cuoahs shräoe ais euhvis suhajis poro hdpahojis quh
`oeoe7 2,;086 >,08<6 ?3,2286 23,><<
(R/4 o. jh 3,8<<.<? o ;,<<< sh po`orï >3< dïs ha ?<% pir ha hxchsi jh 3,8<< 6 jh ;,<<<.<? o ?0,<<< sh
po`orï ?,<;< dïs ha >.;=% pir ha hxchsi jh ;,<<< 6 jh ?0,<<<.<? he ojhaoeth sh po`orï ?,0<< dïs ha
:.0>% pir ha hxchsi jh ?0,<<< b. 3,3=2.8< 6 0,0<8 6 ?:,>>:.=: 6 28,>?:.<3)

3?.- Ha Amc. Rodóe Pok Aue`, jhbh aos sm`umheths jhujos7 ueo ahtro jh codbmi pir A ?2<,<<< o
coechaorsh jhetri jh > dhshs y ue po`orí cie methrhshs jha 8.8% trmdhstroa smdpah o 3< dhshs pir ao
coetmjoj jh A ;8,8<< quh jhbhrï coechaorsh jhetri jh ?2 dhshs. Ha Sr. Pok Aue` cievmheh cie su
ocrhhjir sustmtumr hstis po`is pir jis po`is m`uoahs cojo ?2 dhshs, smhdprh y cuoeji ao toso jh
jhscuheti boecormi smdpah cievhemjo sho jha 0.8% shdhstroa smdpah. Cuoa hs ha voair jh hstis po`is
(utmamzor cidi nhcko nicoa ais ?2 dhshs) (R/4 ?:?,03=.3?)
 

@XÄO JH \RIBAHDOS \ORO HA \RMDHR \ORCMOA

DÍZIJIS CXOEZMZOZM^IS HE NMEOEWOS M (CN-<3<)
NOCXAZOJ JH CIEZOJXRÄO \×BAMCO
@XÄO JHA \RMDHR \ORCMOA, Rhv. Nhbrhri 2<?3
32.- He ao hdprhso Cmri @orcäo, S.O. sh ko aah`oji oa sm`umheth ocuhrji he cuoeti oa oudheti jh
soaormis poro ha sm`umheth oÿi7 Suhajis menhrmirhs o 3,8<< oudheti jh ue 2<%, hetrh 3,8<<.<? o ?<,<<<
oudheti jha ?:%, suhajis hetrh ?<,<<<.<? o 2<,<<< oudheti jh ue ?<% y suhajis suphrmirhs o
2<,<<<.<? ue oudheti jh ue 0.8%. Sm ha suhaji dïxmdi octuoa he ao hdprhso hs jh :<,8<< sh pmjh7 o.-
Coacuaor aos tosos jh cirrhccmóe jh cojo hscoao jh suhajis b.- Cuoahs shräoe ais euhvis suhajis poro
hdpahojis quh `oeoe7 3,?8<6 ;,08<6 ?>,2286 2;,><<

(R/4 o. jh 3,8<<.<? o ?<,<<< sh po`orï 0<< dïs ha ?<.0>=23?% pir ha hxchsi jh 3,8<< 6 jh ?<,<<<.<? o
2<,<<< sh po`orï ?,:<< dïs ha >% pir ha hxchsi jh ?<,<<< 6 jh 2<,<<<.<? he ojhaoeth sh po`orï 2,<<<
dïs ha 8.<><=08% pir ha hxchsi jh 2<,<<< b. 3,0;< 6 ?<,<?8.3; 6 ?0,==;.8< 6 3?,<38.2:)

33.- Sm ha cisti jha jmehri sh ciesmjhro jha 28% smdpah oeuoa, jm`o quh ah cievmheh dïs o ueo phrsieo
quh qumhrh cidpror ueo coso7
 g)  \o`or jh Cietoji 08<,<<<
f)  \o`or ueo prmdo jh ?2<,<<< y nmrdor 3 ahtros jh codbmi o : dhshs cojo ueo pir 23<,<<<
a)  Ei po`or prmdo y hnhctuor 2 po`is shdhstroahs jh :8<,<<<
(R/4 b. 0?3,:8<.88 c. 0><,<<< 6 ao ipcmóe dos cievhemheth hs ao ‑b—)

3:.- Juroeth
38% jha voaircuoeti tmhdpi, Caoujmo
jh ao mevhrsmóe @ódhz
he ciechpti jhbh thehrsm ueo
jh methrhshs mevhrsmóe
ao toso ‑[—,hsporo
jh methrís quhsmdpah
jha >% sh prijuzcoe ue
shdhstroa.
Sm jmcki voair (ais methrhshs) sh ai`roe he ?30 jäos, cuoa hs ao toso jh jhscuheti boecormi smdpah
dhesuoa quh sh opamcó o ao troesoccmóe. (R/4 8.;3333 shdhstrhs ó 2.=2 oÿis6 >;.?2>8% oeuoa he
jhscuheti boecormi smdpah)

38.- Ao Curocoi jicudhetó ueo jhujo jh ue camheth, ha cuoa nmrdo ue po`orí pir 228,<<< o po`orsh ha
?8 jh eivmhdbrh jha 2<??. Ha ?8 jh guemi jh hsh dmsdi oÿi, ao Curocoi sh jmrm`h oa Boeci \ipuaor o
jhscietor ha jicudheti6 ha boeci rhoamzo ao troesoccmóe o ueo toso jha 22% oeuoa smdpah he jhscuheti
boecormi. (Coacuaor cie tmhdpi coahejormi i rhoa y bosh rhoa6 Zmhdpi rhoa/3>8) Sh pmjh7
m.  ^oair pir ha quh cidproräo ha jicudheti ha Boeci \ipuaor o ao Curocoi.
 g.  @oeoecmos quh sh ibtuvmhrie he hsto troesoccmóe poro odbos porths, sm ao jhujo hro jh
?=;,3<2.8? (cuoeji sh nmrdó ha jicudheti) ha ?8 jh hehri jha 2<??.
f.  He ao troesoccmóe
(Jhthrdmeor jh jhscuheti
he tírdmeis jh voairjha jicudheti
y toso heoeuoa
jh methrís ha boeci \ipuaor, ao Curocoi `oeó i phrjmó
smdpah)
(R/4 o.-
o.- 2<:,28<.>=, b.- Curoàoi7 8,=:;.?; Boeci \ipuaor7 2<,0:=.32, c.- \hrjmó >,:0?.2: y
;.=?3=?3<=% oeuoa)

3>.- Ha Amc. Ormha \ovóe, oa jäo jh kiy jhbh ueo ahtro jh codbmi pir A ?2<,<<< o coechaorsh jhetri jh =
dhshs y ue po`orí cie methrhshs jha 8.?>% trmdhstroa smdpah, nmrdoji o ?; dhshs paozi, pir ao coetmjoj
jh A =<,<<< quh jhbhrï coechaorsh jhetri jh ?3 dhshs. Ha Sr. \ovóe cievmheh cie su ocrhhjir sustmtumr
hstis po`is pir jis po`is m`uoahs cojo ; dhshs, smhdprh y cuoeji ao toso jh jhscuheti boecormi smdpah
cievhemjo sho jha 2% dhesuoa smdpah. Cuoa hs ha voair jh hstis po`is (utmamzor cidi nhcko nicoa ais ;
dhshs) (R/4 ?2?,8>3.=?)

30.- Dmrmod Rijrä`uhz, jhpismto he ha KSBC – B@O ue biei pir ao coetmjoj jh A ?.8 Dmaaiehs6 oa
cobi jh ?;2 jäos ah hetrh`oe ue ckhquh pir ha hqumvoaheth o ue ?<8.2<% jha voair jh ao mevhrsmóe. Cuoa
shräo ao toso smdpah oeuoa quh sh po`o he ao iphrocmóe oethrmir. Cuoa shräo ao Zoso jh Jhscuheti
 

@XÄO JH \RIBAHDOS \ORO HA \RMDHR \ORCMOA

DÍZIJIS CXOEZMZOZM^IS HE NMEOEWOS M (CN-<3<)
NOCXAZOJ JH CIEZOJXRÄO \×BAMCO
@XÄO JHA \RMDHR \ORCMOA, Rhv. Nhbrhri 2<?3
boecormi oeuoa smdpah hqumvoaheth he ao iphrocmóe oethrmir. (R/4 o. ?<.2;80?:% smdpah oeuoa b.
=.0002=8% oeuoa he jhscuheti boecormi smdpah)

3;.- Crhocmiehs ^oeto`h, ko aah`oji oa sm`umheth ocuhrji he cuoeti oa oudheti jh soaormis jh sus
hdpahojis poro ha sm`umheth oÿi7 Suhajis menhrmirhs o :,8<< oudheti jh ue ?;%, hetrh 3,8<<.<? o
?<,<<< oudheti jha ?3.8%, suhajis hetrh ?<,<<<.<? o 2<,<<< oudheti jh ue ?<% y suhajis suphrmirhs
o 2<,<<<.<? ue oudheti jh ue 0.8%. Sm ha suhaji dïxmdi octuoa he ao hdprhso hs jh :2,8<<.<< sh pmjh7
o.- Coacuaor aos tosos jh cirrhccmóe jh cojo hscoao jh suhajis
b.- Cuoahs shräoe ais euhvis suhajis poro hdpahojis quh `oeoe7 3,28<6 ;,08<6 ?8,2286 28,><<
(R/4 o. jh :,8<<.<? o ?<,<<< sh po`orï ;?< dïs ha =.;?;?;?% pir ha hxchsi jh :,8<< 6 jh ?<,<<<.<? o
2<,<<< sh po`orï ?,38< dïs ha >.8% pir ha hxchsi jh ?<,<<< 6 jh 2<,<<<.<? he ojhaoeth sh po`orï 2,<<<
dïs ha 8.200000% pir ha hxchsi jh 2<,<<< b. 3,;38 6 =,=00.2; 6 ?>,=?:.>3 6 20,;=8.8>)

3=.-
h.  Juroeth cuoetis dhshs, ue hdprhso jhbh thehr ueo mevhrsmóe ‑P—, poro quh hsto sh mecrhdheth
he ue 2<<%, sm ao toso jh methrís sh ciesmjhro jha ?8% smdpah oeuoa.
n.  Sm ha rhsuatoji jha mecmsi oethrmir sh ai`roro he ha tírdmei jh ?< oÿis, cuoa jhbhräo shr ao toso jh

(R/4 o. jhscuheti
?>< dhshsboecormi smdpah trmdhstroa
b. ?.>>>>>>>>0% quhheshjhscuheti
trmdhstroa opamco he ao troesoccmóe.
boecormi smhdpah)

:<.- Xeo hdprhso tmheh aos sm`umheths jhujos oa jäo jh kiy7 Xe jicudheti pir 2.; dmaaiehs cie ha ?:%
jh methrís smdpah oeuoa, nmrdoji koch ?8 dhshs y quh sh coechaorï jhetri jh ?; dhshs6 y ueo ahtro jh
codbmi pir ao coetmjoj jh 3.0 dmaaiehs nmrdojo koch > dhshs y quh jhbhrï po`orsh jhetri jh 0 dhshs.
Ao hdprhso jhsho rhhstructuror su jhujo y cievmheh cie su ocrhhjir, he sustmtumr hstis po`is pir itro
nirdo jh po`is, jh ao sm`umheth doehro7 trhs po`is o po`orsh jhetri jh ?2, 2: y 3> dhshs
rhsphctmvodheth jh nirdo quh ha sh`ueji po`i sho 2.8 vhchs ha voair jha prmdhri y ha thrchri sho 3
vhchs ha voair jha sh`ueji po`i6 ha ocrhhjir ochpto hsth cievhemi smhdprh y cuoeji ao toso jh methrís
cievhemjo sho jha 8% trmdhstroa smdpah. Cuoa hs ha voair jh hstis po`is (utmamzor cidi nhcko nicoa ao jha
prmdhr po`i, hs jhcmr ais ?2 dhshs)
(R/4 \rmdhr po`i7 ;=2,80;.8: Sh`ueji po`i7 2,23?,::>.3: Zhrchr po`i7 >,>=:,33=.<2)

:?.- Juroeth cuoetis trmdhstrhs, ueo hdprhso jhbh doethehr ueo mevhrsmóe ‑[—, poro quh hsto rhpirth
me`rhsis pir methrhshs jh cuotri shxtis jha voair jh ao mevhrsmóe, sm ao toso jh methrís sh ciesmjhro7
o.  Jha 2.8<% smdpah bmdhstroa.
b.  Jha 0.8% smdpah oeuoa he jhscuheti Boecormi.
c.  Sm ha ibghtmvi sh cudpah he 8 oÿis, cuoa shräo ao toso dhesuoa smdpah quh ah po`oe o ao hdprhso.

(R/4 o.- ?0.000000 trmdhstrhs b.- 2?.333333 trmdhstrhs c.- ?.??????% dhesuoa smdpah)

:2.- Xe cirrhjir jh Biaso, cidpró ha 22 jh doyi jha 2<<0 ue chrtmnmcoji jh mevhrsmóe o ue paozi jh
3<: jäos, cuyi voair jh po`i oa vhecmdmheti hstï hstmpuaoji he 3<<,<<< y quh oa didheti sh ao cidpro
sh po`ó ue voair jh =<% sibrh ha voair oa vhecmdmheti. Ha 2< jh jmcmhdbrh jha dmsdi oÿi, ha cirrhjir
jh Biaso vhejh ao mevhrsmóe (ha jicudheti) oa Boeci \ricrhjmt, quh qumhrh `oeor ueo toso jha 2%
trmdhstroa he jhscuheti boecormi smdpah sibrh hsth tmpi jh iphrocmiehs. Sm sh ciesmjhro tmhdpi rhoa y
bosh cidhrcmoa, sh pmjh7
 

@XÄO JH \RIBAHDOS \ORO HA \RMDHR \ORCMOA

DÍZIJIS CXOEZMZOZM^IS HE NMEOEWOS M (CN-<3<)
NOCXAZOJ JH CIEZOJXRÄO \×BAMCO
@XÄO JHA \RMDHR \ORCMOA, Rhv. Nhbrhri 2<?3
o.  Ao toso jh methrís smdpah oeuoa quh `oeoräo ha cirrhjir jh Biaso, sm sh jhcmjh pir doethehr ha
chrtmnmcoji jh mevhrsmóe kosto ha vhecmdmheti.
b.  ^oair pir ha quh cidpro ha jicudheti ha Boeci \ricrhjmt, oa cirrhjir jh Biaso
c.  @oeoecmos (methrhshs) quh ibtuvmhrie toeti ha cirrhjir jh Biaso cidi ha Boeci
j.  Jhthrdmeor sm he hsto troesoccmóe, ha cirrhjir jh Biaso, rhoadheth `oeó i phrjmó, he tírdmeis jh
voair y toso jh methrís smdpah.
(R/4 o.- ?3.?80;=:0:% oeuoa smdpah6 b.- 2=3,;>>.>0 c.- Biaso7 23,;>>.>0 Boeci7 >,?33.33 j.- ?8.<?<:;2?;%
oeuoa smdpah y 3,>2>.2?)

:3.- Xeo phrsieo tmheh ueo jhujo cie ueo coso cidhrcmoa pir ao coetmjoj jh :8<,<<< quh jhbhrï po`or
jhetri jh 2< dhshs dïs ueo toso jha 3>% oeuoa smdpah. Ao coso cidhrcmoa ojdmth po`is porcmoahs, pir
ai quh ao phrsieo rhoamzo 2 obieis porcmoahs jh su jhujo cie ha ibghtmvi jh rhjucmr ao coetmjoj jh
methrhshs quh jhbhräo po`or7 uei pir ?8<,<<< o ais 0 dhshs y itri jh 228,<<< > dhshs jhspuís jha
prmdhr po`i. Cuoeti jhbhrï shr ha po`i oa nmeoa o ais ?; dhshs7
o)- \ir ao rh`ao jh Soajis mesiautis
b)- \ir ao rh`ao cidhrcmoa
c)- Jh cuoeti sie ais methrhshs y ais okirris privicojis he cojo co
cosi.
si.
(R/4 o.- 2=?,<?0.?< b.- 23=.28<.<< c.- RSM7 Mets. 2?>,<?0.?< Okirri, 83,=;2.=< RC7 MMets.
ets. ?>:,28<.<<
Okirri, ?<8,08<.<<)

::.- Xeo hdprhso tmheh aos sm`umheths jhujos7 Xe jicudheti pir ?28,<<< cie ha 22.8<% jh methrís
smdpah oeuoa, nmrdoji koch ?; dhshs y quh sh coechaorï jhetri jh > dhshs6 y itri pir 28<,<<< cie ueo
toso jha >.8<% trmdhstroa smdpah, nmrdoji o 3> dhshs paozi y o po`orsh jhetri jh ?2 dhshs. Ao hdprhso
cievmheh cie su ocrhhjir, he sustmtumr hstis po`is pir itro hstructuro jh po`is, jh ao sm`umheth doehro7
trhs po`is jh nirdo quh ha sh`ueji sho ao dmtoj jh ao sudo jha prmdhri y ha thrchri, y ha thrchri sho ha
trmpah jha prmdhri, o po`orsh jhetri jh ;, ?> y 2: dhshs rhsphctmvodheth6 ha ocrhhjir ochpto hsth
cievhemi smhdprh y cuoeji ao toso jh methrís cievhemjo sho jha ;% shdhstroa he jhscuheti boecormi
smdpah. Cuoa hs ha voair jh hstis po`is (utmamzor cidi nhcko nicoa ha tmhdpi octuoa i prhsheth)
(R/4 \rmdhr po`i7 ??=,=::.83 sh`ueji po`i7 23=,;;=.<8 thrchr po`i7 38=,;33.8;)

:8.- Sm ha cisti jha jmehri hs jh ue >% trmdhstroa smdpah, jm`o quh ah cievmheh dïs o ueo phrsieo quh
qumhrh o)
vhejhr uejh
  \o`or poquhth jh 2occmiehs
Cietoji dmaaiehsjh hdprhsos he Kiejuros7
b)  \o`or ue oetmcmpi jh 8<<,<<< y nmrdor jis ahtros jh codbmi o > dhshs cojo ueo pir ;8<,<<<
c)  Hnhctuor 3 po`is cojo : dhshs jh 308,<<<
(R/4 b.- ?,=::,:?2.:: c.- =02,=?0.:: Cievmheh dïs ao ipcmóe ‑o— pirquh hs ao quh po`o dïs jmehri)

:>.- Hahctro jicudhetó ueo jhujo jh ue camheth, ha cuoa nmrdo ue po`orí pir 38<,<<< o po`orsh ha ?8 jh
hehri jha 2<?2. Ha ?2 jh shptmhdbrh jha 2<??, Hahctro sh jmrm`h oa Boeci Cietmehetoa o jhscietor ha
jicudheti6 ha boeci rhoamzo ao troesoccmóe o ueo toso jha 22% oeuoa smdpah he jhscuheti boecormi.
(Coacuaor cie tmhdpi coahejormi i rhoa y bosh rhoa6 Zmhdpi rhoa/3>8) Sh pmjh7
o.  ^oair pir ha quh cidproräo ha jicudheti ha Boeci Cietmehetoa o Hahctro.
b.  @oeoecmos quh sh ibtuvmhrie he hsto troesoccmóe poro odbos porths, sm ao jhujo hro jh
280,382.=: (cuoeji sh nmrdó ha jicudheti) ha ?8 jh hehri jha 2<??.
c.  He ao troesoccmóe jh jhscuheti jha jicudheti he ha boeci Cietmehetoa, Hahctro `oeó i phrjmó
(Jhthrdmeor he tírdmeis jh voair y toso jh methrís oeuoa smdpah)
 

@XÄO JH \RIBAHDOS \ORO HA \RMDHR \ORCMOA

DÍZIJIS CXOEZMZOZM^IS HE NMEOEWOS M (CN-<3<)
NOCXAZOJ JH CIEZOJXRÄO \×BAMCO
@XÄO JHA \RMDHR \ORCMOA, Rhv. Nhbrhri 2<?3
(R/4 o.- 323,>3<.?: b.- Hahctro7 >>,200.2< Boeci Cietmehetoa7 2>,3>=.;> c.- @oeâecmo Ojmcmieoa7
8,38;.8; Zoso oeuoa smdpah quh `oeo7 3=.?>>>>08:% oeuoa smdpah)

:0.- Xeo hdprhso tmheh aos sm`umheths jhujos7 ueo ahtro jh codbmi pir A 38<,<<< o coechaorsh jhetri jh
= dhshs y ue po`orí cie methrhshs jha 0.28% trmdhstroa smdpah o 2: dhshs pir ao coetmjoj jh A 28<,<<<
quh jhbhrï coechaorsh jhetri jh ?3 dhshs. Ao hdprhso cievmheh cie su ocrhhjir sustmtumr hstis po`is
pir jis po`is oeuoahs, jh nirdo quh ha prmdhr po`i sho ue thrcmi jha voair jha sh`ueji y ao toso jh
jhscuheti boecormi smdpah cievhemjo sho jh ue ?2% shdhstroa smdpah. Cuoa hs ha voair jh hstis po`is
(utmamzor cidi nhcko nicoa ao jha sh`ueji po`i)
(R/4 prmdhr po`i7 233,?=2. >2 sh`ueji po`i7 >==,800.;>)

:;.- Sm ha cisti jha jmehri hs jh ue ?.8% dhesuoa smdpah, jm`o quh ah cievmheh dïs o ueo phrsieo quh
qumhrh vhejhr ueo pripmhjoj o ao soamjo jh ao cmujoj7
o)  Rhcmbmr jh Cietoji >=8,<<<
b)  Rhcmbmr ueo prmdo jh ?8<,<<< y nmrdor jis ahtros jh codbmi o > dhshs cojo ueo, ao prmdhro pir
208,<<< y ao itro pir 38<,<<<
c)  Rhcmbmr ? po`i jhetri jh ?2 dhshs pir ao coetmjoj jh ><<,<<< dïs methrhshs jh ue 2.28%
bmdhstroa he jhscuheti boecormi smdpah.
(R/4 b.- >=;,=<3.08 c.- 8;0,;3?.;; ao dhgir ipcmóe hs ao ‑b— pir rhcmbh dïs jmehri)
:=.- \hjri \ïrodi cidpró ha ?3 jh dorzi jha 2<<0 ue tätuai bursïtma o ue paozi jh 2:8 jäos, y po`ó ao
coetmjoj jh >=8,>28 quh rhprhsheto ha =2.08% jha voair jha tätuai oa vhecmdmheti. Ha 22 jh shptmhdbrh,
\hjri vhejh ha jicudheti o ue mevhrsmiemsto eirthodhrmcoei, quh he ao troesoccmóe jhsho `oeor ueo
toso jha 8.08% shdhstroa he jhscuheti boecormi sibrh hsth tmpi jh iphrocmiehs. Sh pmjh7
o.  Ao toso jh methrís smdpah oeuoa quh `oeoräo \hjri, sm hsth kubmhro jhcmjmji doethehr ha tätuai
kosto ha vhecmdmheti.
b.  ^oair pir ha quh cidpro ha jicudheti ha mevhrsmiemsto eirthodhrmcoei, o \hjri \ïrodi
c.  @oeoecmos quh ibtuvmhrie toeti \hjri cidi ha mevhrsmiemsto eirthodhrmcoei
j.  Jhthrdmeor sm he hsto troesoccmóe, \hjri \ïrodi rhoadheth `oeó i phrjmó7 jhthrdmeor ha voair
quh `oei ojmcmieoa i quh jhgo jh `oeor y cuoa nuh ao toso jh methrís smdpah shdhstroa quh
rhoadheth `oeó.

(R/4 o.- ??.:;80;<%oeuoa smdpah, b.- 03>,8;3.33 c.- \hjri7 :<,=8;.33 Mevhrsmiemsto7 ?3,:?>.>0 j.-
phrjmó 28?.;< toso7 8.><0>?% shdhstroa smdpah)

8<.- \HD, S jh R. A., tmheh aos sm`umheths jhujos7 08,<<< cie ha 22.28% jh methrís smdpah oeuoa,
nmrdoji o ?; dhsh paozi y o coechaorsh jhetri jh ; dhshs6 y itro jh ?28,8<< cie ueo toso jha =%
trmdhstroa smdpah, nmrdoji o 2: dhshs paozi y o po`orsh jhetri jh ?3 dhshs. \HD, cievmheh cie su
ocrhhjir sustmtumr hstis po`is pir itri paoe jh po`is, jh ao sm`umheth doehro7 trhs po`is jh nirdo quh ha
prmdhri sho ue thrcmi jh ao sudo jha sh`ueji y ha thrchri, y ha sh`ueji sho ao dmtoj jha thrchri, o
po`orsh jhetri jh ;, ?> y 2: dhshs rhsphctmvodheth6 ha ocrhhjir ochpto hsth cievhemi smhdprh y cuoeji
ao toso jh methrís cievhemjo sho jha ?8.8<% oeuoa he jhscuheti boecormi smdpah. Cuoa hs ha voair jh
hstis po`is (utmamzor cidi nhcko nicoa ha tmhdpi octuoa i prhsheth)
(R/4 \rmdhri y sh`ueji po`i7 ;0,80?.8= Zhrchr po`i7 ?08.?:3.?=)
EIZO7 utmamzor smhdprh ao bosh 3</3>< cidhrcmoa, sm ei sh mejmco ai cietrormi.