0 1 2 3 4 5

-5935 1967 1967 1967 1967 5096

P= 5935
15%

-5935 1967 1967 1967 1967 5096

(1+0,15)^1 (1+0,15)^2 (1+0,15)^3 (1+0,15)^4 (1+0,15)^5

-5935 1967 1967 1967 1967 5096

1.15 1.3225 1.520875 1.74900625 2.01135719

-5935 1710.43478 1487.33459 1293.33443 1124.63863 2533.61264

$ 2,214.36 ------> FORMA MANUAL

$2,214.36 ------> FORMA Excel formula
 0 = -5935 + 1967 + 1967
(1+TIR)^1 (1+TIR)^2

0=−5935+1967/(1+𝑇𝐼𝑅)^1 +1967/(1+𝑇𝐼𝑅)^2 +1967/(1+𝑇𝐼𝑅)^3 +1967/(1+𝑇𝐼𝑅)^4 +5096/(1+𝑇𝐼𝑅)^5

(0=−5935+1967/(1+𝑇𝐼𝑅)^1 +1967/(1+𝑇𝐼𝑅)^2 +1967/(1+𝑇𝐼𝑅)^3 +1967/(1+𝑇𝐼𝑅)^4 +5096/(1+𝑇𝐼𝑅)^5 ) ∗((1+𝑇𝐼𝑅)^5

0=−5935(1+𝑇𝐼𝑅)^5+(1967∗(1+𝑇𝐼𝑅)^5)/(1+𝑇𝐼𝑅)^1 +(1967∗(1+𝑇𝐼𝑅)^5)/(1+𝑇𝐼𝑅)^2 +(1967∗(1+𝑇𝐼𝑅)^5)/(1+𝑇𝐼𝑅)^3 +(1967∗(1+𝑇𝐼𝑅)^5)/(

0=−5935(1+𝑇𝐼𝑅)^5+1967∗(1+𝑇𝐼𝑅)^4+1967∗(1+𝑇𝐼𝑅)^3+1967∗(1+𝑇𝐼𝑅)^2+1967∗(1+𝑇𝐼𝑅)^1+5096

(1+𝑇𝐼𝑅) =X

0=−5935(𝑋)^5+1967∗𝑋^4+1967∗(𝑋)^3+1967∗(𝑋)^2+1967∗(𝑋)^1+5096

X= 1.27673
(1+𝑇𝐼𝑅) =X
𝑇𝐼𝑅=X-1
5935=1967∗(((1+𝑖)^5−1)/(𝑖(
𝑋≈1−1,28 -----------> MANUALMENTE

TIR= 0.27673 -----------> 27.67% i=TIR=

TIR= 27.67%

Año 0 1 2 3 4 5
FNE -1967 2360.4 2832.48 3398.976 4078.771 4894.52544

TMAR 20%

-1967 + 2360.4 + 2832.48 + 3398.976

(1+0,20)^1 (1+0,20)^2 (1+0,20)^3
 -1967 + 2360.4 + 2832.48 + 3398.976
1.2 1.44 1.728

-1967 + 1967 + 1967 + 1967

$ 7,868.00

$11,802.00

Príxima clase presentar el cálculo del TIR igualando VNA=0

0=−1967+2360,4/(1+𝑇𝐼𝑅)^1 +2832,48/(1+𝑇𝐼𝑅)^2 +3398,976/(1+𝑇𝐼𝑅)^3 +4078,771/(1+𝑇𝐼𝑅)^4 +4894,52544/(1+𝑇

(0=−1967+2360,4/(1+𝑇𝐼𝑅)^1 +2832,48/(1+𝑇𝐼𝑅)^2 +3398,976/(1+𝑇𝐼𝑅)^3 +4078,771/(1+𝑇𝐼𝑅)^4 +4894,52544/(1+ 𝑇𝐼

0=0=−1967(1+𝑇𝐼𝑅)^5+(2360,4(1+𝑇𝐼𝑅)^5)/(1+𝑇𝐼𝑅)^1 +(2832,48(1+𝑇𝐼𝑅)^5)/(1+𝑇𝐼𝑅)^2 +(3398,976(1+𝑇𝐼𝑅)^5)/(1+𝑇𝐼𝑅)^3

0=−1967(1+𝑇𝐼𝑅)^5+2360,4(1+𝑇𝐼𝑅)^4+2832,48(1+𝑇𝐼𝑅)^3+3398,976(1+𝑇𝐼𝑅)^2+3398,976

(1+𝑇𝐼𝑅) =X

0=−1967(𝑋)^5+2360,4(𝑋)^4+2832,48(𝑋)^3+3398,976(𝑋)^2+3398,976(𝑋)^1+4894,52544

X= 2.34478
(1+𝑇𝐼𝑅) =X
𝑇𝐼𝑅=X-1

𝑋≈1−1,28 -----------> MANUALMENTE

TIR= 1.34478 -----------> 134.48%

TIR= 135.91%
 + 1967 + 1967 + 5096
(1+TIR)^3 (1+TIR)^4 (1+TIR)^5

096/(1+𝑇𝐼𝑅)^5

5096/(1+𝑇𝐼𝑅)^5 ) ∗((1+𝑇𝐼𝑅)^5 )

(1+𝑇𝐼𝑅)^3 +(1967∗(1+𝑇𝐼𝑅)^5)/(1+ 𝑇𝐼𝑅)^4 +(5096 ∗(1+ 𝑇𝐼𝑅)^5)/(1+ 𝑇𝐼𝑅)^5

𝑅)^2+1967∗(1+𝑇𝐼𝑅)^1+5096

935=1967∗(((1+𝑖)^5−1)/(𝑖(1+𝑖)^5 ))+3129/(1+𝑖)^5

0.27673

+ 4078.771 + 4894.52544
(1+0,20)^4 (1+0,20)^5
 + 4078.771 + 4894.52544
2.0736 2.48832

+ 1966.9999 + 1967

1/(1+𝑇𝐼𝑅)^4 +4894,52544/(1+𝑇𝐼𝑅)^5

/(1+𝑇𝐼𝑅)^4 +4894,52544/(1+ 𝑇𝐼𝑅)^5 ) ∗((1+𝑇𝐼𝑅)^5 )

398,976(1+𝑇𝐼𝑅)^5)/(1+𝑇𝐼𝑅)^3 +(4078,771(1+ 𝑇𝐼𝑅)^5)/(1+ 𝑇𝐼𝑅)^4 +(4894,52544(1+ 𝑇𝐼𝑅)^5)/(1+ 𝑇𝐼𝑅)^5

3+3398,976(1+𝑇𝐼𝑅)^2+3398,976(1+𝑇𝐼𝑅)^1+4894,52544

3398,976(𝑋)^1+4894,52544