MATEMÁTICA FINANCEIRA

Aplicada a produtos financeiros e à análise de

investimentos

Capítulo 8:
Resolução na HP
1) a) 2.500 CHS PMT g7
18 n
2,75 i
PV = $ 36.087,77

b) 2.500 CHS PMT g8

18 n
2,75 i
PV = $ 35.121,92

c) 2.500 CHS PMT g7

18 n
2,75 i
PV = $ 36.087,77

f FIN CHS FV
3n
2,75 i
PV = $ 33.267,07

Ou

2.500 CHS PMT g8

18 n
2,75 i
PV = $ 35.121,92

f FIN CHS FV
2n
2,75 i
PV = $ 33.267,07

2) 800 CHS PMT

3,5 ENTER 12 x n
43.837,87 FV

1
 i = 1,25% a.m.
3) i = (1 + inominal / q)q x n – 1
i = (1 + 0,18 / 12)12 x 1 / 4- 1
i = 0,0457 a.t. ou 4,57% a.t.

1.100 CHS PMT g7

10 n
4,57 i
FV = $ 14.179,16

4) Suponha que PV = $ 1,00

1 CHS PV g8
24 n
0,092528 PMT
i = 7,6891% a.t.

i = (1 + it)1 / n – 1
i = (1 + 0,076891)1 / 3 – 1
i = 0,025 a.m. ou 2,5% a.m.
5) i = (1 + inominal / q)q x n – 1
i = (1 + 0,21 / 12)12 x 1 / 6- 1
i = 0,0353 a.b. ou 3,535% a.b.

i = (1 + inominal / q)q x n – 1
i = (1 + 0,21 / 12)12 x 1 / 12- 1
i = 0,0175 a.m. ou 1,75% a.m.

30.000 CHS PV
150 ENTER 30 ÷ n
1,75 i
FV = $ 32.718,50

f FIN CHS PV g7
18 n
3,53 i
PMT = $ 2.402,11
6) 1.900 CHS g CFo
500 CHS g CFj
400 CHS g CFj
500 CHS g CFj
400 CHS g CFj
500 CHS g CFj
400 CHS g CFj
500 CHS g CFj
400 CHS g CFj
1,85 i
f NPV = $ 5.221,26
7) 36.000 CHS g CFo

2
 0 g CFj 5 g Nj
1.543,10 g CFj 36 g Nj
f IRR = 1,95% a.m.

8) 1.650 CHS PMT

20 n
3,03 i
FV = $ 44.471,66

f FIN CHS FV
60 n
1i
PMT = $ 544,53
9) 1.200 g CFj 5 g Nj
4.700 g CFj
1.200 g CFj 5 g Nj
4.700 g CFj
1.200 g CFj 5 g Nj
4.700 g CFj
1.200 g CFj 5 g Nj
4.700 g CFj
0,95 i
f NPV = $ 37.817,69

f FIN CHS PV
0,95 i
30 n
FV = $ 50.220,92
10) 2.250 CHS PMT
8n
1,45 i
PV = $ 16.880,08
11) 40.000 ENTER 1.500 - CHS g CFo
1.500 g CFj 7 g Nj
2.000 g CFj 8 g Nj
2.500 g CFj 8 g Nj
f IRR = 1,47% a.m.
12) i = (1 + inominal / q)q x n – 1
i = (1 + 0,24 / 12)12 x 1 / 12- 1
i = 0,02 a.m. ou 2,0% a.m.

0 g CFj 5 g Nj
2.800 CFj 9 g Nj
3.500 CFj 9 g Nj
2i
f NPV = $ 42.350,65
13) 0 g CFj 6 g Nj
8.500 g CFj 6 g Nj
0 g CFj 6 g Nj
8.500 g CFj 6 g Nj

3
 0 g CFj 6 g Nj
8.500 g CFj 6 g Nj
1,65 i
f NPV = $ 109.047,97
14) i = (1 + im) n – 1
i = (1 + 0,0085)2 – 1
i = 0,0171 a.b. ou 1,71% a.b.

350 CHS PMT g7

9n
1,71 i
PV = $ 2.946,58

f FIN CHS FV
0,85 i
1n
PV = $ 2.921,74 Σ+

550 CHS PMT g8

9n
1,71 i
PV = $ 4.552,62

RCL 2 = $ 7.474,36

f FIN CHS PV
18 n
0,85 i
FV = $ 8.704,43
15) i = (1 + inominal / q)q x n – 1
i = (1 + 0,222 / 12)12 x 1 / 6- 1
i = 0,0373 a.b. ou 3,73% a.b.

i = (1 + ib) 1 / n – 1
i = (1 + 0,0373)1 / 2 – 1
i = 0,0185 a.m. ou 1,85% a.m.

125.000 CHS PV
3,73 i
24 n
PMT = $ 7.976,80

f FIN CHS PMT

1n
3,73 i
PV = $ 70.893,04

f FIN CHS PV
1n
1,85 i
FV = $ 72.204,56

4
16) i = (1 + inominal / q)q x n – 1
i = (1 + 0,18 / 12)12 x 1 / 4- 1
i = 0,0457 a.t. ou 4,57% a.t.

i = (1 + it) n – 1
i = (1 + 0,0457)2 / 3 – 1
i = 0,0302 a.b. ou 3,02% a.b.

i = (1 + it) n – 1
i = (1 + 0,0457)1 / 3 – 1
i = 0,015 a.m. ou 1,5% a.m.

78.500 CHS PV g8
4,57 i
10 n
PMT = $ 9.953,85

f FIN CHS PMT g8

4,57 i
4n
FV = $ 54.528,44

78.500 CHS PV
1,5 i
15 n
FV = $ 98.143,22

PVrestante = 98.143,22 – 54.528,44

PVrestante = $ 43.614,78

CHS PV g8
3,02 i
10 n
PMT = $ 5.118,85
17) i = (1 + im) n – 1
i = (1 + 0,0175)/ 3 – 1
i = 0,0534 a.t. ou 5,34% a.t.

812,50 CHS PMT g7

1,75 i
24 n
PV = $ 16.088,51

f FIN CHS PV g8
5,34 i
12 n
PMT = $ 1.850,42
18) i = (1 + inominal / q)q x n – 1
i = (1 + 0,204 / 12)12 x 1 / 12- 1
i = 0,017 a.m. ou 1,7% a.m.

5
 543,97 CHS FV
5n
1,7 i
PV = $ 500,00

f FIN 2.780 – PV g8
6n
1,7 i
PMT = $ 402,93

19) 1.749,89 CHS PMT g7

10 n
2,1 i
PV = $ 15.964,98

f FIN CHS FV
15.000 PV
2,1 i
n = 3 meses = 90 dias
20) i = (1 + ia) n – 1
i = (1 + 0,0938) 1 / 12 – 1
i = 0,007499 a.m. ou 0,7499% a.m.

250 g CFo
250 g CFj 11 g Nj
350 g CFj 12 g Nj
550 g CFj 12 g Nj
0 g CFj 3 g Nj
2.000 CFj
0,7499 i
F NPV = $ 13.357,31

f FIN CHS PV
9,38 i
4n
FV = $ 19.119,24
21) 3.500 CHS FV g8
7n
0,7 i
PV = $ 3.333,20

f FIN CHS FV g8
5n
0,7 i
PMT = $ 657,37
22) a) 85.000 CHS PV g8
48 n
2.523,60 PMT
i = 1,55% a.m.

6
 b) 2.523,60 CHS PMT g8
18 n
1,55 i
PV = $ 39. 374,55

c) 39. 374,55 ENTER 8.000 – CHS PV g8

1,55 i
10 n
PMT = $ 3.411,11
23) i = (1 + inominal / q)q x n – 1
i = (1 + 0,21 / 12)12 x 1 / 12- 1
i = 0,0175 a.m. ou 1,75 % a.m.

1.836,86 CHS PMT g8

24 n
1,75 i
PV = $ 35.746,56

f FIN CHS FV g7
1,75 i
58.000 ENTER 0,575 x PV
n = 5 meses = 120 dias
24) Suponha que PV = $ 100,00

5,288254 CHS PMT g7

1,7 i
25 n
PV = $ 108,794

f FIN CHS FV g7
100 PV
1,7 i
n = 5 meses = 150 dias
25) i = (1 + inominal / q)q x n – 1
i = (1 + 0,18 / 12)12 x 1 / 12- 1
i = 0,015 a.m. ou 1,5% a.m.

56.250 CHS FV
240 n
1,5 i
PV = $ 1.578,60

45.000 ENTER 1.578,60 – CHS PV g7

240 n
1,5 i
PMT = $ 6.818,27

26) 750 g CFo

750 g CFj 29 g Nj
0 g CFj 18 g Nj

7
 32.605 g CFj
f IRR = 1,1% a.m.
27) i = (1 + ia) n – 1
i = (1 + 0,231439) 1 / 12 – 1
i = 0,0175 a.m. ou 1,75% a.m.

5.550 CHS PV g8
25 n
1,75 i
PMT = $ 276,00

f FIN CHS PMT g8

8n
1,75 i
PV = $ 2.043,78

f FIN CHS PV g8
12 n
1,75 i
PMT = $ 190,30
28) a) i = (1 + ia) n – 1
i = (1 + 0,268242) 1 / 12 – 1
i = 0,02 a.m. ou 2,0% a.m.

200.000 CHS PV g8
2i
10 n
PMT = $ 22.265,31

f FIN CHS PMT g8

5n
2i
PV = $ 104.946,62 + 80.000 = $ 184.946,62

b) 184.946,62 CHS PV g8
3n
2i
FV = $ 196.266,83

f FIN CHS PV g8
5n
2i
PMT = $ 41.639,66
29) b) i = (1 + im) n – 1
i = (1 + 0,0075) 12 – 1
i = 0,0938 a.a. ou 9,38% a.a.

10.500 CHS PMT g8

9,38 i
15 n
PV = $ 82.768,23 Σ+

8
 25.000 CHS PMT g8
9,38 i
15 n
PV = $ 197.067,22

f FIN CHS FV
9,38 i
15 n
PV = $ 51.345,75 Σ+

RCL 2 = $ 134.113,98

c) 10.500 CHS PMT g8

9,38 i
15 n
FV = $ 317.668,05

f FIN CHS PV g8
9,38 i
15 n
25.000 CHS PMT
FV = $ 1.975.576,23

d) 1.975.576,23 CHS PV g8
0,75 i
25 ENTER 12 x n
PMT = $ 16.578,96
30) a) 1 CHS PV g7
36 n
2,15 i
PMT = 0,039338

b) 1 CHS PV g8
36 n
2,15 i
PMT = 0,040184

c) 1 CHS PV
3n
2,15 i
FV = 1,065897

f FIN CHS PV g8
36 n
2,15 i
PMT = 0,042832

d) PMT1 = 6.900 x 0,039338 = $ 271,43

PMT2 = 6.900 x 0,040184 = $ 277,27
PMT3 = 6.900 x 0,042832 = $ 295,54

9
31) Plano A  10.000 g CFj 10 g Nj
12.500 g CFj 10 g Nj
15.000 g CFj 10 g Nj
1,8 i
PV = $ 281.000,05

Plano B  11.000 CHS PMT g8

1,8 i
30 n
PV = $ 253.272,80

TOTAL = 253.272,80 + 25.000 = $ 278272,80 (Melhor)

Plano C  35.000 CHS PMT g7

10 n
5,5 i
PV = $ 278.350,58
32) b) i = (1 + inominal / q)q x n – 1
i = (1 + 0,27 / 12)12 x 1 / 12- 1
i = 0,0225 a.m. ou 2,25% a.m.

35.000 CHS PV
5n
2,25 i
FV = $ 39.118,72

f FIN CHS PV g8
40 n
2,25 i
PMT = $ 1.493,45

c) 1.493,45 CHS PMT g8

10 n
2,25 i
PV = $ 13.241,25

f FIN CHS PV
2,25 i
1n
FV = $ 13.539,19

33) a) i = (1 + ia) n – 1
i = (1 + 0,384784) 1 / 12 – 1
i = 0,0275 a.m. ou 2,75% a.m.

i = (1 + ia) n – 1
i = (1 + 0,384784) 1 / 2 – 1
i = 0,176768 a.s. ou 17,6768% a.s.

5.598,93 CHS PMT g7

17,6768 i

10
 3n
PV $ 14.400,00

f FIN CHS PV g8
12 n
2,75 i
PMT = $ 1.425,15

b) i = (1 + ia) n – 1
i = (1 + 0,384784) 1 / 6 – 1
i = 0,0558 a.b. ou 5,58% a.b.

14.400 ENTER 0,8 x CHS PV g8

8n
5,58 i
PMT = $ 1.824,10

c) i = (1 + ia) n – 1
i = (1 + 0,384784) 1 / 4 – 1
i = 0,0848 a.t. ou 8,48% a.t.

14.400 CHS PV g8
6n
8,48 i
PMT = $ 3.160,34
34) a) 1 CHS PV g7
1,5 i
6n
PMT = 0172931

1 CHS PV g8
1,5 i
6n
PMT = 0,175525

b) 1 CHS PV g7
1,75 i
12 n
PMT = 0,091512

1 CHS PV g8
1,75 i
12 n
PMT = 0,093114

c) 1 CHS PV g7
2i
72 n
PMT = 0,024811

1 CHS PV g8

11
 2i
72 n
PMT = 0,026327
35) a) 1 CHS PV g8
24 n
0,050214 PMT
i = 1,55% a.m.

b) 1 CHS PV g8
84 n
0,02544 PMT
i = 2,1% a.m.

c) 1 CHS PV g8
120 n
0,024174 PMT
i = 2,25% a.m.
36) i = (1 + inominal / q)q x n – 1
i = (1 + 0,30 / 12)45 / 30 - 1
i = 0,037733 a.p. ou 3,7733% a.p.

i = (1 + inominal / q)q x n – 1
i = (1 + 0,30 / 12)12 x 1 / 12- 1
i = 0,025 a.m. ou 2,5% a.m.

1 CHS PV
0,5 n
2,5 i
FV = 1,0124

f FIN CHS PV g7
3,7733 i
10 n
PMT = 0,11893
37) i = (1 + im) n – 1
i = (1 + 0,0195) 16 / 30 – 1
i = 0,010353 a.p. ou 1,0353% a.p.

1 CHS PV
1,0353 i
1n
FV = 1,0104

f FIN CHS PV g8
5n
1,0353 i
PMT = 0,208390
38) a) 1 CHS PV g8
10 n
0,120427 PMT

12
 i = 3,53% a.b.

i = (1 + ib) n – 1
i = (1 + 0,0353) 1 / 2 – 1
i = 0,0175 a.m. ou 1,75% a.m.

b) 1 CHS PV g8
6n
0,214279 PMT
i = 7,689% a.t.

i = (1 + ib) n – 1
i = (1 + 0,07689) 1 / 3 – 1
i = 0,025 a.m. ou 2,5% a.m.

c) 1 CHS PV g7
5n
0,250103 PMT
i = 12,616% a.s.

i = (1 + ib) n – 1
i = (1 + 0,12616) 1 / 6 – 1
i = 0,02 a.m. ou 2,0% a.m.

d) 1 CHS PV g7
4n
0,272756 PMT
i = 6,136% a.q.

i = (1 + ib) n – 1
i = (1 + 0,06136) 1 / 4 – 1
i = 0,015 a.m. ou 1,5% a.m.

39) 0,03734764 PMT g8

36 n
2,25 i
PV = 0,914818

f FIN CHS FV g8
2n
2,25 i
PV = 0,875

Entrada = 1 – 0,875 = 0,125 ou 12,5%

40) 60.000 g CFo
0 g CFj 2 g Nj
50.000 g CFj
2.500 g CFj 2 g Nj
27.500 g CFj
2.500 g CFj 5 g Nj

13
 62.500 g CFj
2.500 g CFj 5 g Nj
27.500 g CFj
2.500 g CFj 5 g Nj
62.500 g CFj
2.500 g CFj 3 g Nj
1,85 i
f NPV = $ 280.016,10

f FIN CHS PV
1,85 i
60 n
FV = $ 841.094,90
41) 200.000 g CFo
5.000 g CFj 5 g Nj
30.000 g CFj
5.000 g CFj 5 g Nj
80.000 g CFj
5.000 g CFj 5 g Nj
30.000 g CFj
5.000 g CFj 5 g Nj
80.000 g CFj
5.000 g CFj 5 g Nj
30.000 g CFj
5.000 g CFj 5 g Nj
80.000 g CFj
5.000 g CFj 5 g Nj
30.000 g CFj
5.000 g CFj 5 g Nj
80.000 g CFj
0 g CFj 11 g Nj
200.000 g CFj
2i
f NPV = $ 650.232,85

f FIN CHS PV
2i
72 n
FV = $ 2.705.710,17

Lucro = 3.000.000 – 2.705.710,17

Lucro = $ 294.289,83
42) i = (1 + ia) n – 1
i = (1 + 0,195618) 1 / 12 – 1
i = 0,015 a.m. ou 1,5% a.m.

i = (1 + ia) n – 1
i = (1 + 0,195618) 1 / 4 – 1
i = 0,0457 a.t. ou 4,57% a.t.

1.961,01 CHS FV

14
 1,5 i
18 n
PV = $ 1.500,00

f FIN 10.000 – PV g8
4,57 i
6n
PMT = $ 1.651,58
43) i = (1 + im) n – 1
i = (1 + 0,0225) 2 – 1
i = 0,0455 a.b. ou 4,55% a.b.

2.500 CHS PMT g7

4,55 i
6n
PV = $ 13.459,48 Σ+

f FIN
2.750 CHS PMT g7
4,55 i
6n
PV = $ 14.805,42

f FIN CHS FV
2,25 i
1n
PV = $ 14,.479,63 Σ+

RCL 2 = $ 27.939,11
44) 40.500 CHS g CFo
4.500 g CFj 3 g Nj
5.000 g CFj 3 g Nj
5.500 g CFj 2 g Nj
4.000 g CFj
2.000 g CFj
f IRR = 2,2610% a.m.

i = (1 + im) n – 1
i = (1 + 0,02610) 12 – 1
i = 0,3077 a.a. ou 30,77% a.a.

45) i = (1 + inominal / q)q x n – 1

i = (1 + 0,234 / 12)12 x 1 / 12- 1
i = 0,0195 a.m. ou 1,95% a.m.

18.800 CHS PV g8
1,95 i
5n
FV = $ 20.705,89

f FIN CHS PV g8

15
 1,95 i
24 n
PMT = $ 1.088,55

f FIN CHS PMT g8

1,95 i
15 n
FV = $ 18.756,94 CHS Σ+

20.705,89 CHS PV
1,95 i
15 n
FV = $ 27.663,20 Σ+

RCL 2 = $ 8.906,26

f FIN CHS PV
1,95 i
2n
FV = $ 9.256,99
46) 10.000 CHS PMT g8
2,88 i
4n
FV = $ 41.761,42

f FIN CHS PV
1n
2,88 i
FV = $ 42.964,15
47) 5.000 CHS PMT g8
7n
1,55 i
PV = $ 32.927,12

f FIN CHS FV
4n
1,55 i
PV = $ 30.962,36 Σ+

f FIN
6.500 CHS PMT g8
7n
1,55 i
PV = $ 42.805,26

f FIN CHS FV
11 n
1,55 i
PV = $ 36.142,48 Σ+

RCL 2 = $ 67.104,84

16
48) a)
N Pagamento Juros Amortização Saldo IOFF IOFD
devedor
0 - - - $ 22.780,00 $ 86,56 $ 28,03
1 $ 4.046,26 $ 421,43 $ 3.624,83 $ 19.155,17 - $ 23,57
2 $ 4.046,26 $ 354,37 $ 3.691,89 $ 15.463,28 - $ 19,03
3 $ 4.046,26 $ 286,07 $ 3.760,19 $ 11.703,09 - $ 14,40
4 $ 4.046,26 $ 216,51 $ 3.829,75 $ 7.873,34 - $ 9,69
5 $ 4.046,26 $ 145,66 $ 3.900,60 $ 3.972,74 - $ 4,89
6 $ 4.046,26 $ 73,50 $ 3.972,74 - - -

IOFTOTAL = IOFD + IOFF

IOFTOTAL = 99,57 + 86,56
IOFTOTAL = $ 186,13

b) 22.780 CHS PV g8
6n
1,85 i
PMT = $ 4.046,26

c) 22.780 ENTER 186,13 + CHS PV g8

6n
1,85 i
PMT = $ 4.079,32

d) 4.079,32 CHS PMT g8

6n
22.500 PV
i = 2,459% a.m.
49) a)
N Pagamento Juros Amortização Saldo IOFF IOFD
devedor
0 - - - $ 12.220,00 $ 46,44 $ 15,04
1 $ 3.213,16 $ 250,51 $ 2.962,65 $ 9.257,35 - $ 11,39
2 $ 3.213,16 $ 189,78 $3.023,38 $ 6.233,97 - $ 7,67
3 $ 3.213,16 $ 127,80 $3.085,36 $ 3.148,61 - $ 3,88
4 $ 3.213,16 $ 64,55 $ 3.148,61 - - -

IOFTOTAL = IOFD + IOFF

IOFTOTAL = 37,96 + 46,44
IOFTOTAL = $ 84,39

b) 12.220 CHS PV g8
4n
2,05 i
PMT = $ 3.213,16

c) 12.220 ENTER 84,39 + CHS PV g8

4n

17
 2,05 i
PMT = $ 3.235,35

d) 3.235,35 CHS PMT g8

4n
12.000 PV
i = 3,091% a.m.
50) a) PV = (PV* + TCC) / (1 – AIOF)
PV = (45.000 + 300) / (1 – 0,02281)
PV = $ 46.357,41

b) IOF = PV – (PV* + TCC)

IOF = 46.357,41 – 45.300
IOF = $ 1.057,41

c) 46.357,41 CHS PV g8
60 n
1,55 i
PMT = $ 1.192,36

d) 1.192,36 CHS PMT g8

60 n
45.000 PV
i = 1,667% a.m.

51) a) PV = (PV* + TCC) / (1 – AIOF)

PV = (25.000 + 250) / (1 – 0,01641)
PV = $ 25.671,27

b) IOF = PV – (PV* + TCC)

IOF = 25.671,27 – 25.250
IOF = $ 421,27

c) 25.671,27 CHS PV g8
36 n
1,75 i
PMT = $ 967,17

d) 967,17 CHS PMT g8

36 n
25.000 PV
i = 1,913% a.m.

52) a) 300.500 CHS PV g8

30.000 FV
2,25 i
24 n
PMT = $ 15.384,85

b) 300.500 CHS PV g8
24 n

18
 2,25 i
PMT = $ 16.341,26

c) 300.500 ENTER 30.000 – CHS PV g8

2,25 i
24 n
PMT = $ 14.709,85

d) BFa = PMTa x 0,34

BFa = 15.384,85 x 0,34
BFa = $ 5.230,85
PMTa = 15.384,85 - 5.230,85 = $ 10.154,00

BFb = PMTb x 0,34

BFb = 16.341,26 x 0,34
BFb = $ 5.556,03
PMTb = 16.341,26 - 5.556,03 = $ 10.785,23

BFc = PMTc x 0,34

BFc = 14.709,85 x 0,34
BFc = $ 5.001,35
PMTc = 14.709,85 - 5.001,35 = $ 9.708,50
53) a) 100.400 CHS PV g8
36 n
2i
5.000 FV
PMT = $ 3.842,85

b) 100.400 CHS PV g8
36 n
2i
PMT = $ 3.938,98

c) 100.400 ENTER 5.000 – CHS PV g8

36 n
2i
PMT = $3.742,81

d) BFa = PMTa x 0,34

BFa = 3.842,85 x 0,34
BFa = $ 1.306,56
PMTa = 3.842,85 - 1.306,56 = $ 2.356,29

BFb = PMTb x 0,34

BFb = 3.938,98 x 0,34
BFb = $ 1.339,25
PMTb = 3.938,98 - 1.339,25 = $ 2.599,73

BFc = PMTc x 0,34

BFc = 3.742,81 x 0,34
BFc = $ 1.272,56

19
 PMTc = 3.742,81 - 1.272,56 = $ 2.470,25
54) Leasing  190.500 CHS PV g8
48 n
2,5 i
19.000 FV
PMT = $ 6.650,03

BF = PMT x 0,34
BF = 6.650,03 x 0,34
BF = 2.261,01

PMT = PMT – BF
PMT = 6.650,03 – 2.261,01
PMT = $ 4.389,02 (Melhor)

CDC  PV = (PV* + TCC ) / (1 – AIOF)

PV = 190.500 / (1 – 0,019193)
PV = $ 194.227,81

$ 194.227,81 CHS PV g8
1,75 i
48 n
PMT = $ 6.014,40

BF = Despesas Financeiras x 0,34

BF = 1.930,21 x 0,34
BF = $ 656,27

PMT = PMT – BF
PMT = 6.014,40 – 656,27
PMT = $ 5.358,13
55) Leasing  65.450 CHS PV g8
72 n
2,25 i
3.250 FV
PMT = $ 1.825,75

BF = PMT x 0,34
BF = 1.825,75 x 0,34
BF = $ 620,76

PMT = PMT – BF
PMT = 1.825,75– 620,76
PMT = $ 1.205,00 (Melhor)

CDC  PV = (PV* + TCC) / (1 – AIOF)

PV = 65.450 / (1 – 0,01097)
PV = $ 66.175,95

66.175,95 CHS PV g8
1,55 i

20
72 n
PMT = $ 1.531,86

BF = Despesas Financeiras x 0,34

BF = 780,09 x 0,34
BF = $ 265,23

PMT = PMT – BF
PMT = 1.531,86 – 265,23
PMT = $ 1.266,63

21