Inversión requerida $ 480,000

i (Riesgo) f (Inflación) TMAR

Inversionistas $ 120,000 12% 6% 18.7200%
25%
Inst. Financ. $ 200,000 21%
42%
Otras Empr. $ 160,000 5% 6% 11.3000%
33%
TMAR*Aportación
0.0468

0.0875

0.03766666666667
0.171966666666667
TMAR Global Mixta

Fuentes Aporte % P.Riesgo Inflación

Inversionistas $400,000.00 40.00% 16% 10%
I. Financiera $350,000.00 35.00%
O.Empresas $250,000.00 25.00% 12% 13%
$1,000,000.00

VPN

Inversión -$650,000.00
FNE1 $220,000.00 VPN $33,831.20
FNE2 $220,000.00
FNE3 $290,000.00
FNE4 $185,000.00
FNE5+VS $304,000.00

TMAR 22%

Tabla de Pago

n Interés Anualidad P.Principal Deuda

0 $440,000.00
1 $11,000.00 $36,836.10 $25,836.10 $414,163.90
2 $10,354.10 $36,836.10 $26,482.00 $387,681.90
3 $9,692.05 $36,836.10 $27,144.05 $360,537.85
4 $9,013.45 $36,836.10 $27,822.65 $332,715.20
5 $8,317.88 $36,836.10 $28,518.22 $304,196.98
6 $7,604.92 $36,836.10 $29,231.17 $274,965.81
7 $6,874.15 $36,836.10 $29,961.95 $245,003.86
8 $6,125.10 $36,836.10 $30,711.00 $214,292.85
9 $5,357.32 $36,836.10 $31,478.78 $182,814.08
10 $4,570.35 $36,836.10 $32,265.75 $150,548.33
11 $3,763.71 $36,836.10 $33,072.39 $117,475.94
12 $2,936.90 $36,836.10 $33,899.20 $83,576.74
TMAR Ponderación
27.60% 0.1104
28.00% 0.098
26.56% 0.0664
0.2748
27.48%

P $440,000.00
n 12
i 3%

Anualidad $36,836.10
P $ 650,000.00 -$ 650,000.00 $ 225,000.00 $ 190,000.00 $ 280,000.00
FNE1 $ 220,000.00 (1+22%)^1 (1+22%)^2 (1+22%)^3
FNE2 $ 220,000.00
FNE3 $ 290,000.00 -450000 $ 225,000.00 190000 280000
FNE4 $ 185,000.00 $ 1.33 1.7689 2.352637
FNE5 $ 205,000.00
V. Salvamm. $ 99,000.00 -450000 $ 169,172.93 $ 107,411.39 $ 119,015.39
TMAR 22%
1+22% 1.33 VPN $ 92,983.64
$ 195,000.00 $ 354,000.00
(1+22%)^4 (1+22%)^5

195000 $ 354,000.00
3.12900721 4.1615795893

$ 62,320.09 $ 85,063.85