CAPITAL INICIAL

❖ 𝑐0 = 𝑐𝑛 . (1 − 𝑑)𝑛
CAPITAL FINAL
𝑐
❖ 𝑐𝜂 = (1−𝑑)
0
𝑛

TNAD → d d → TNAD
𝑇𝑁𝐴𝐷
❖ 𝑑=
𝑚

❖ 𝑇𝑁𝐴𝐷 = 𝑑 ⋅ 𝑚
EQUIVALENCIAS EN i
𝑥
cn
❖ (1 + 𝑇𝐸𝐴) = (1 + 𝑖𝜂 )𝑛 ❖ c0 = n
(1+iη )
𝑥
𝑇𝐸𝐴 = (1 + 𝑖𝑛 )𝑛 −1

𝑥
𝑑
❖ (1 + 𝑖𝑛 )𝑛 = (1 + 𝑇𝐸𝐴) ❖𝑖 =
1−𝑑
𝑛
𝑖𝑛 = (1 + 𝑇𝐸𝐴) − 1 𝑥

EQUIVALENCIAS EN d
𝑥
ⅈ
❖ (1 − 𝑇𝐸𝐴𝐷) = (1 − 𝑑𝑛 )𝑛 ❖𝑑 =
1+ⅈ
𝑥
𝑇𝐸𝐴𝐷 = 1 − (1 − 𝑑𝑛 )𝑛

❖ (1 − 𝑑𝑛 )𝑛 = (1 − 𝑇𝐸𝐴𝐷)
𝑛
𝑑𝑛 = 1 − (1 − 𝑇𝐸𝐴𝐷)𝑥

TEA →TEAD TEAD →TEA

𝑇𝐸𝐴𝐷 𝑇𝐸𝐴
❖ 𝑇𝐸𝐴 = (1−𝑇𝐸𝐴𝐷) ❖ 𝑇𝐸𝐴𝐷 = (1+𝑇𝐸𝐴)