1-The father of a 12-year-old boy starts saving so that his son can study for a university degree.

You plan to deposit $250,000 into a savings account at the end of each month for the next 5 years.
If the interest rate is 27% ACM, what will be the amount of the account after 5 years? How much
will you receive in interest?

solution:

2-What is the present value of $600,000 deposited in an account at the end of each quarter for 4
years, if the interest rate is 20% ACT.

I=20% ACT.

A=600000 im=20%/4=5% 4 years= 16 quarters

P=¿A[1-(1+i)^-n/i]

P=600000[1-(1+0,05)^-16/0,05]

P=¿6502661,7361
3-A car dealer offered a customer a new car with an initial payment of $8,000,000 and 36 monthly
payments of $680,000 each. If an interest rate of 30% is charged CM, find the cash value of the
car.

solution:

4-Mr. Juan Pérez received three offers when he wanted to sell an apartment, located in the Crespo
neighborhood. The first consisted of $90,000,000 in cash. The second consisted of $30,000,000 in
cash and $230,000 a month for 36 months. The third was $650,000 a month for 3.5 years. If the
interest rate is 2% monthly. Which of these offers is the most advantageous for Mr. Juan Pérez?

solution:
5.In a savings account we deposit $450,000 at the end of each quarter for 4

years, if the financial institution pays an interest rate of 4% EF how much money do we have

reunited at the end of 4 years

I=4%et

N=16

F=?

R=450000

F=450000[(1.04)^16-1/4]

F=9821039

6) How many biweekly payments of $391,250 must be made to pay off debt of $8,500,000, with
24% Convertible each fortnight?

How many biweekly payments of S. / 391.95 must be made to cancel a debt of S. / 8500, with 27%
convertible interest every fortnight?

AMOUNT S= 8500
RENT R=391.95
INTEREST RATE i= 27%/24= 1.125%=0.01125
TIME n= ?

8500=391.95 (
( 1+0.01125 )n−1
0.01125 )
 21.6864396= (
( 1.01125 )n−1
0.01125 )
n
1.243972446=( 1.01125 )

log ( 1.243972446 )=n log ⁡( 1.01125)

log ⁡(1.243972446)
=n
log ⁡(1.01125)

n=19.51427088

n=19 pagos quincenales

7) Pedro Fernández won $60,000,000 in a lottery. He plans to deposit this money in an investment
in a financial institution that gives him 28% ACS and withdraw $800,000 monthly, with the aim of
spending some time without working, until the money runs out. How many withdrawals can you
make?

I=28% DHW

I=28%/6=4.6=%=0.046

N=log(F/A+1)/Log(1+i)

N=log(60000000/800000+1)/Log(1+0.046)

N=log(75+1)/Log(1+0.046)

N=log(75+1)/Log(1+0.046)

N=log(76)/Log(1,046)

N=1.880/0.01953

N=96
8) Francisco has deposited $350,000 in a savings account at the end of each month. After three
years he receives an amount of 1,800,000. What nominal rate, compounded monthly, have you
earned?

N=36 months

F=𝑨 _(1+i)^𝒏 −𝟏 /Yo

1,800,000=350,000(1+i) ^36-1/i

1,800,000/350,0000=(1+I) ^36-1/i

5.1=(1+i) ^36-1/i

9) A family wants to start saving for a trip to San Andrés Island. It must be done within two years.
To this end, they deposit 260,000 each month in an account that generates interest at a rate of
18%. Get the amount and interest earned.

𝑭=𝑨 _(1+i)^𝒏 −𝟏 /Yo

𝑭=260.000 (1+0,18)^24−𝟏/0,18=75268564,6

10) A person deposited $300,000 at the end of each quarter for 3 years. If you did not make any
withdrawals in all that time and your bank paid you 2% monthly. What is the amount of the
annuity? How much of that amount is interest?

$18,000 These are the benefits of 2% monthly for one year.

You mean this man has $918,000 at the end of each year.
$54,000 benefits in 3 years.

$2754000 total for the 3 years.

11) Each quarter, Mr. García deposits $320,000 in his savings account, which earns interest of 3.8%
quarterly. After three years, Mr. García suspends quarterly deposits and the amount obtained at
that time goes to an investment fund that gives 22% compounded each month. If the money
stayed in the investment fund for 2 years, obtain the final amount and the total interest earned.

𝑭=𝑨 _(1+i)^𝒏 −𝟏 /Yo

F=320,000_(1+0.038)^8-1/0.038

F2927623,69612

22) A debt of $1,500,000 will be paid off in quarterly payments of $120,000 for as long as
necessary. Assuming a rate of 24% NT.

A) How many payments of $120,000 should be made?

IP=24%NT=0.24

N=-LN(1-VP*IP)/A/LN(1+I)

LN(1-VP*IP)/A/LN( 1+I)=-LN(1-1500000*0.24)/120000/LN(1+0.24)=
23) If I make 5 equal monthly deposits of $90,000 each, they start within a month and, one month
after the last deposit of $90,000 is made, I withdraw $30,000 each month, for 8 months, find the
balance after the last withdrawal is made. , if the interest is 2.2% monthly.

24) An office sound system in cash for $1,500,000, but can be paid in 36 monthly installments of
$75,000, the first being made on the day of the sale. What monthly periodic rate is being charged?

1500000=750000[1+I)^-36/i]

I=5.7%

25) For the purchase of a computer worth $6,000,000; An initial payment of 40% is required and
the rest is paid in 36 monthly installments. How much will the payment amount to, if the interest
is 3.5% effective monthly?
P=6000000

Initial fee=40%(6000000)=$2400000

Balance=3600000=PV

I=3.5%Em

N=36

A=IP*vp/1-(1+ip)^-n

A=0.035*3600000/1-(1+0.035)^-36

A=$177442.986

43) Banco Ganadero grants you a loan of $10,000,000 at a rate of 36% quarterly in arrears. You get
a one-year grace period, during which the bank charges you 2.5% monthly interest and the
interest is not paid, but capitalized. The loan has a term of 3 years, including the grace period, and
will be paid in equal quarterly installments. Calculate the value of each installment.

VF=10000000(1+0.025)^12

VF= 13448888.24246

N=0.36/4=0.09

A=13448888.24246[0.09/1-(1+0.09)^-36]=2429869.516

45) An appliance that has a cash value of $3,000,000, I buy it financed in the following way: initial
payment of $250,000 and monthly installments of $194,125.16 payable in advance. If they charge
you an interest rate of 3% per month, how long will it take to pay off the appliance?

vp=3000000-250000=2750000

N=Log194,125.16-log[194,125.16-0.03(2750000-194,125.16/Log(1+0.03)]+1
N=18

57) An obligation that had initially been agreed to be paid with a payment of $2,000,000 within 8
months and another payment of $3,250,000 within 16 months, is agreed to be paid in 12 equal
quarterly installments. If the interest rate is 3% monthly, calculate the value of the quarterly
payments.

59) When purchasing merchandise, they owe $12,000,000, to be paid in 3 years, in equal monthly
installments in the first year, equal bimonthly installments during the second year and with equal
quarterly installments in the third year. If the bimonthly installments are double the monthly
installments, and the quarterly installments are one-third of the monthly installments, calculate
the value of the installments if the financing rate is 2% per month.

R/. monthly: $613,882.65; bimonthly: $1,227,765.30; quarterly: $204,627.55 .

58) A vehicle is being financed with 36 monthly installments of $800,000. Failure to pay 12
installments means paying the balance with a single payment, 6 months later. Calculate the value
of that payment, if the interest rate is 32% compounded monthly.
50) A state entity can use building A which requires $5 million each year as maintenance cost and $6 million every 5 years for repairs or, it can use building B which

requires $5.1 million each year as operating cost and $1 million every 2 years for repairs. Assuming an annual effective rate of 30% and that the building you occupy will be

for an indefinite period, which of the two buildings is more convenient for you to use?