Scribd Logo
Upload

Welcome to Scribd!

  • (Infovirus.biz) Финансовый Менеджмент в Excel by Федорова е.а

    Uploaded by

    Виктор Савченков
    18 views426 pages

    Original Title

    [Infovirus.biz] Финансовый Менеджмент в Excel by Федорова е.а

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    18 views426 pages

    (Infovirus.biz) Финансовый Менеджмент в Excel by Федорова е.а

    Uploaded by

    Виктор Савченков

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 426
    YIIK 658.14/.17(075.8) BBK 65290-93073 039 Penewsenrsi: HLA, Jlykacesiy, nparbeccop Jlenapramenta KopnopaTHBHiax dbiiancos H KOpHapa- Tiioro yripanaenit Dunancouoro yunBeperrers rmpit Fpanirresmctae PO, a-p 9K0H ay! T.B, Tensona, npocheccop «baxyabrera akoHonmrecKux Haye HannonanbHaro Hc: aonaTemuckoro yiimnepeitrera «Bucumas WikosTa SKOMONIKH =, Gaanas Kadheapa stn ypa= CTPYRTYPI dpiUHANCOMRIE PLIHKOR, Jp IKON. Hay Diiancooiii menewxwent 8 EXCEL + eTIpaoxcnne : yreGunK / Kon 59 aeKrim autopon ; oa OGuL. pea. E.A. Peaoponoii, — Mockna : KHOPYC, 2021. — 428 e. — (Marnerparypa) ISBN 978-5-406-07863-1 Coxepaur [4 rap, puekpiinaMuiits kaoveDWe TeopeTMeeKite acnekris ynpan- AHH KopHopanapinuastn dbitancanue, Kaxaat tesa compowoxstaetea npaxTHueektt- Mit MPUMEpAMH BLINOAHEHINA Saari, PEMIcHHA Keitcon, ocyMIceTHNIEHIE pacueToR: € NeTloabsonanneM HHeTpyMeHTapi Exec, Onsemnmoren acHonss paGorts # Gass zanittax «CrapKe, «Pycaanias, « E F 6 1 Pere eer e onnar —onaarea 3| fara tic. pyG. Tete. py6. craska mpoueHTa: 5% 4 (01.06.2018 1000, 5 01.06.2019 1000 6 Pue. 1.1. cbopsa ¢ 1exoamtiMi aaniiasnt ais pewenus npustepa 1 Tockonbny aanniiit enytait ansieres npocreiiumst — nepitog paesera PABEH POBHO OAHOMY Tost, a OTLIATA NPOHSBOAHTEs! EAH HOBpEMeHHO — Mbt céoxem oGoitTHe® Ges cbuHanconblx byHK.utit. Pater Gyzymeli croumoctit a GyleT saKOUATLEA B TOM, UTO MbI [IPHGABHM K MMeIolleies! CyMMe Hapa- MICHHbIC NPOLeH TH! To (opmyste: B3+B3*F2 aH Tipomie: =B3*(1+E2), re Seb 1 asee OGosHaueHIIN B (bopMyaax cooTBETETAYIOT OGO3HATC- Hita streex Excel. Jas Toro, VTOGM MLMHCANTH HACTOAUIYIO CTOUMOCTh, HY:HO BEITON- HATH o6parnpic aciicTBna — YMCHBUINTS CYMMY Ha OObEM HaMHCJICHHBIX TIPOUCHTOB: =CA/(+F2). Dopmyibl Wa peuicnta Tipricpa | npeactapreHbl Ha puc, 1.2, 4A Boj oc D E Foo 1 Hauanenan 4 Gyayuyan croumocts. ors 2 3| fara Tec. py6. Tee. py6. raska npouenra: 3% 4 |01.06.2018, 11000 =C5/(14F3) 5. | 01.06.2019 =84"(14F3) 1000 6 Puc. 1.2. Dopuynt ss peurenss npawepa 1 Toayuaempie pesyabrarbl Npeacransenbt na pic. 1.3, AuciiKy c uraro- BIMH PeESyAbTATAMM BbLICICHD! UBCTOBOH 3a BKOI, 4A e jc D G Foi os 1_Havanenan m Oyayusan cronmocry. Pee ° Por) \naTor 2 3 | Asta Tuc py6. Tere: py6. crapka npouenta: 5% 4 /01.06.2018, 1000 =C5/(14F3) 5 |01.06.2019 =B4"(14F3) 1000 6 Puce. 1.3. Peayanraris munncrenuiii aaa mpusepa | B erpoxe 2 Bb! Bute HEKOTOPbIe CYMMbI, 2B eTPOKe 3 — Te Ke CYMMbI Yepes PO, YBCHYCHHbIe Ha pasMep ceysHore Npouenta. Eean oriata Gyaer Npowspeveta no I-My BapHaHTy — B Hasauie cpoka — TO NOJPALYHK MoxeT BIOAKHT ITH LEHBTH NOs 5% POAOBHIX, B PesybTATe Yero Yepes roa CyMMa Bospacter j10 1050 Thic. py6. Takum o6pazom, 1000 thc. py6., rony4eHHbie B HeKOTOpHIiT MOMCHT BpeMeHH, IKBHBAICHTHBE MO EToHMOCTH 1050 Thc. pyO. uepes roa, Ecait Ke HOApsMHK NOAyHHT OIaTy NO 2-My BapHality — B KOH Ue CpOKa — TO ON YryCKaeT BOSMOAHOCTL MOAyUeHHa NpHOELAM: 1000 TLIC. pyG., MOAYHEHHEIe Hepes TOA, NO CTOHMOCTH PAB! THU 952,38 THI. pyO. BMavaAte Cpoka. STO HANNAMHAA HIVTOCTPALNs BLICKAZAHHOTO pave TESHCa? cTONMOCTE.10Goit CyMMEL ener celiuac Berta Goabile CTONMOCTH Takoll Ke cyst B Gyayutem. Pacuerbi, cBsgAHHMIe ¢ HapauniBaHieN 1 IeKOHTHpOBAHHEM 111 Gonee CAOAHBIX yerOBMi, TPeOYIOT NOHMAAHHa OCHOB NPOLEHTHEIX BEMTC eH 1 TOHSITHT MpocToro H CHOxHOTO MpoueHTa. Ba3aRKIe MPOLUeHTHBLe BEIHIC- JOHHA 3AKTOUAIOTCA B PACHETE MPOLCHTOR, HAUNCICHHBIX Ha TY HH HHY1O CYMMY, a TAKAC ROIPACTAHIA CYMMBI (BKJIAa, 3ULOKCHHOCTH) ¢ yHeTOM 3STHX MIpoLleHTOR. MpouenT, HawicteHHbIli Ha HEKOTOPYIO CYMMY, Pacc4HTbIBaeTcs Mo ¢op- ayane (1.1): 1=5,"h. (4) rae J — paaMep npoucnra, naumcaentoro 3a nepHoa; Sb — nenexnas cya, enyxaumiaa Gasoil wat HaduencH #¢— erapka p pacuere 3a nepiton. Takim o6pa30M, CYMMa BKJaa WIM KpeuHTa TOcie HAYHeeHHA Npo- LICHTOB paccunrbiBacrcs Mo cscayIouteit cbopmye (1.2): $,=5,.,41=5,,45; (1.2) rae S—aeHcanian cys i KOM NepHOMA; 5, ;~ AeWexMas cyNNGA H MpemMAyteM nepliome, ‘CoracHo JaHHoll opMyne, B KAKIOM MepHose CYMMa BOSpacTacT Ha cyMMY npouenta J, T.¢, Ha GazoByio CYMMY, YMHOXCHHYIO Ha CTABKY 38 OTOT HepHoa, Baecte c Tem 6230/1 U1 HAYHCHeCHHA MOFYT CHYXNTh paxTHYHBIC CYMMbI: KAK NPABIUIO, STO WIM MepBOr HAA CYMMaL, HUE OGULAA CYMAA BRIANA (1onra) Ha MOMeHT HaticaeH ust. Pasniuiisa Mexuly BbIGOPOM GasbI HAMHCAIeHHA COCTABIMNOT PasHHLLy MOXY MPOCTIM H COKHDIM NpoUenTaMn. 10 B erpoxe 2 Bb! Bute HEKOTOPbIe CYMMbI, 2B eTPOKe 3 — Te Ke CYMMbI Yepes PO, YBCHYCHHbIe Ha pasMep ceysHore Npouenta. Eean oriata Gyaer Npowspeveta no I-My BapHaHTy — B Hasauie cpoka — TO NOJPALYHK MoxeT BIOAKHT ITH LEHBTH NOs 5% POAOBHIX, B PesybTATe Yero Yepes roa CyMMa Bospacter j10 1050 Thic. py6. Takum o6pazom, 1000 thc. py6., rony4eHHbie B HeKOTOpHIiT MOMCHT BpeMeHH, IKBHBAICHTHBE MO EToHMOCTH 1050 Thc. pyO. uepes roa, Ecait Ke HOApsMHK NOAyHHT OIaTy NO 2-My BapHality — B KOH Ue CpOKa — TO ON YryCKaeT BOSMOAHOCTL MOAyUeHHa NpHOELAM: 1000 TLIC. pyG., MOAYHEHHEIe Hepes TOA, NO CTOHMOCTH PAB! THU 952,38 THI. pyO. BMavaAte Cpoka. STO HANNAMHAA HIVTOCTPALNs BLICKAZAHHOTO pave TESHCa? cTONMOCTE.10Goit CyMMEL ener celiuac Berta Goabile CTONMOCTH Takoll Ke cyst B Gyayutem. Pacuerbi, cBsgAHHMIe ¢ HapauniBaHieN 1 IeKOHTHpOBAHHEM 111 Gonee CAOAHBIX yerOBMi, TPeOYIOT NOHMAAHHa OCHOB NPOLEHTHEIX BEMTC eH 1 TOHSITHT MpocToro H CHOxHOTO MpoueHTa. Ba3aRKIe MPOLUeHTHBLe BEIHIC- JOHHA 3AKTOUAIOTCA B PACHETE MPOLCHTOR, HAUNCICHHBIX Ha TY HH HHY1O CYMMY, a TAKAC ROIPACTAHIA CYMMBI (BKJIAa, 3ULOKCHHOCTH) ¢ yHeTOM 3STHX MIpoLleHTOR. MpouenT, HawicteHHbIli Ha HEKOTOPYIO CYMMY, Pacc4HTbIBaeTcs Mo ¢op- ayane (1.1): 1=5,"h. (4) rae J — paaMep npoucnra, naumcaentoro 3a nepHoa; Sb — nenexnas cya, enyxaumiaa Gasoil wat HaduencH #¢— erapka p pacuere 3a nepiton. Takim o6pa30M, CYMMa BKJaa WIM KpeuHTa TOcie HAYHeeHHA Npo- LICHTOB paccunrbiBacrcs Mo cscayIouteit cbopmye (1.2): $,=5,.,41=5,,45; (1.2) rae S—aeHcanian cys i KOM NepHOMA; 5, ;~ AeWexMas cyNNGA H MpemMAyteM nepliome, ‘CoracHo JaHHoll opMyne, B KAKIOM MepHose CYMMa BOSpacTacT Ha cyMMY npouenta J, T.¢, Ha GazoByio CYMMY, YMHOXCHHYIO Ha CTABKY 38 OTOT HepHoa, Baecte c Tem 6230/1 U1 HAYHCHeCHHA MOFYT CHYXNTh paxTHYHBIC CYMMbI: KAK NPABIUIO, STO WIM MepBOr HAA CYMMaL, HUE OGULAA CYMAA BRIANA (1onra) Ha MOMeHT HaticaeH ust. Pasniuiisa Mexuly BbIGOPOM GasbI HAMHCAIeHHA COCTABIMNOT PasHHLLy MOXY MPOCTIM H COKHDIM NpoUenTaMn. 10 Jia papnartra coxHoro NpoueHta HeOGXOsUMO HertoBIOBAT (hopaysty € OTHOCHTEBHOIL CCBLIKOI: CA+CA*SFS3, OGosHaueHnetit pacuet B Excel mpesctapaen wa pic. 1.5. ° E F 6 1 2 3 ocmanan eraa mpouesiTa 4 o1esz18 5 /oxor.zan =neegasarssg scuncarerga 5 01.08.2018, 7 01.03.2018 2 o1t02018 9 s112018 10 01122018 11 e1o.2a18 12 1022019 13 /0101.2m19 14, o1.042019, 15 01.05.2019, 1 o1os.2019 Pu. 1.5. Dopwiyinia suis peuienia npastepa 2 Pesyanrarii n stieiixax BS C5 okaxkytea om iHakOBLINM, Tak KaK B rIep- niiii MepHog HayicmeHne B meGoM crysae HcnoAByer B KaNecTBe Ga3HI Mep- novavambryio cyMaty. Onako pasHHtia NOMBHTES B emeMyIONINX repHosaX. Jia store conepxnmoe steek BS 1 C5 HyKHO spacTAHYTh+ BHH3 0 KOHL, rosa, Pesyabrarbr BsIuMenenii npercrantens! Ha pc. 1.6. Tockonpky Ga3a HauHeAeHits TPH MpoctoM npoueHte He MeHAeTCA, He MeHAlOTcs OGa MHOXKHTEIA TIpaBoii Vactit cbopsyaB! pacucra I. Hau, CYMMA MPOLHTa, HauHCAeMas KAKAbI Mecaul, OyeT HeHIMCHHO!. TakiiM OGPAIOM, MBI HMCEM JIG ¢ APHMCTHUCCKOIL NPOrpEccHelt, MEPBEIM WICHOM KOTOPO! GyseT HAMANbHAA CYMMA, & ATOM — HaYHeACHHbIE 3a TCPHOIL npouentot. M3 store enenycr, 47O HAKOTUIENHYIO CyMMY MOC N TepuoAOB. HAYHCACHHA MOKHO pacc4HTaTD Mo cuenyioutedl bopayzte (1.3): S$, =S+S,trtnsS,*(+rtay, (13) mae 5, — seteskiias eyMina b KONE meplio;a; 5,— nepaonanutmniast achextas ey waa: 4 — eranxa p pacuete 3 nepiion: # — Koanucetao nepniozos. 2 ‘waceurea crobna HpawenT: a 4 91052018 190000 5 0107-2015 ‘101000 sco 6 o1es2018 1108000 yos160 7 e1os2018 2112000 124864 #0110201 s11¢009 eats 058 2 oil2a8 120000 126s, 2002 10 01122018 ‘124000 1265315018, 19.01.2013 200 BERIT 12 p.07.2015 1132000 13886, 908, 13/0101. 3019 134000 Prernser ry 14 01.04.2019 2149000 yaa2s.42ss 15 01403,2015 4200 153545 4055) 16 01062019 1148000 160105,2015, 7 Pe. 1.6. Pesyniraris st ik uit pusstepa 2 B enyyae croxXitoro NPOLCH TA Ga3a HAMHCACHH MPOUEHTOB H CyMMa, TIPCALLULYIErO NepHosta CoBMuUtaHT (), ITO NO3SBONHET NpeospasonaTe Pop- yay caemyrouim oGpasom (qopmyza (1.4): SS tS PHS tS VHS, (LA) rae J — pasmep mpouewra, nauucaennoro 3a nepitos; S,—newexnan cywnta # KoHME neproas; S$, —aenexnian eysna @ npeatanyunes neprtoae; 3S, — acnextoa cys, cayacautast Gasol zis Ham 7 cranks n pacuere 29 nepiton, Taxi o6paz0M, pit c1OxKHOM MpOUcHTe OCHOBHAN cyMMa Kakdtbtii HepHo YMHOxkaeTes Ha OHO TO Ke 3HaMEHte (+47), T.c. MbIHMeeM 1010 ¢ re oMeTpitecKoll Mporpeccucit, sHaMcHaTem KOTOpoit pane (+r). Tpit CIORHOM MPOLCHTE HAKOTICHHYIO CyMMY Moc 1 NepHOLOB HasicTeH Hs YOxKHO pacc4Tarh lo dhopstyte (1.5): CHA 5, = 59 FH)", (1.5) §,— acheanan eysia n konne neprona 5, — mepnonartabiian acters ey #— rapa o pactere 3a nepiton: ft — KoamsizeTno neprion0n. Pastis MEXAY NPOCTHIM H CTOAKHDIM MpOUeHTON MpercTARNENb! pra6a. 1.1. 13 TaGanua 1.1 Cxema pactera npocrore H c1oxKHOrO NpoueHTa Mpocroit nponerr (Caoxmetit nponenr Pacuer eysiis noeae 4S, "1 epeanona Basa sa HIpoucHTos Paguer cyMabt nocae n remenai “(ery Harasano yenaer> pasniuy Mexay npocTbIM 1 cnOxHLIM MpoLeHTOM MoxHO B rpadi4eckoM Mpeactannennit (pue. 1.7). 170000 160000 150000 140000 130000 120000, 110000 100000 c+ npocroli npouent —o—caoxaali mpoucnr Pue. 1.7. Pparhurs: pocra eysistea kame nat r1puistepa 2 14 Bruito, vo rpacbnk poeta cymMer Kanutrana npu npocrom npouerre npeseraniser coGoit npAMy!o, 2 MIpH COAKHOM — CTeHeHHyTO (byHKUHIO, Mrak, cioxkuptit mpouen oranuaeres oT NpoeToro TeM, YTO BMECTe (C HAYHC/ICHHEM NPOUEHTOR NPONCXOAMT HX KAMTATHsANNA — NPHIHCEHHe k OCHOBHOM cyMMe, yaCJHIHBAIOULee Gay AIA HAMHCAcHHA NpOUeHTOR, NPOLCHTHbIe BEMNICACHHA B OCHOBHOM NpoHsnoANTEH No chopayaic CIOKUBIX NPOLEHTOB. PopMyia NPOCTbIx MPOLEHTOB NPHMEHACTEA, Ha TIPUMep, TOA, KOTMA HAYHCICHHbIC NPOUCHTLI MepeyneaAlOoTed Ha Apyroit CHET IIH AKC CHIMAOTCA BKTMSHKOM. 1.2. PACHET CTABKM 3A NEPMOA. HOMMHANbHAA M S@MEKTUBHAA CTABKA Haynenenie npoucHTon 1 KaMHTanHaaluita MOryT MpoHexOAT € paa- Holi NepuoAMMHOCTHIO: pa3 B KRapTat, pa B MecsIll, paz B eHb. pit sToM HOPMY NPHGOBLIM WIH CTABKY NpOlcHTa VRA3bIBAIOT OGHIIHO 3a For. B cBs3it € STM BOSHHKACT BONPOC O TOM, KAK PACCHHTLIBATL CTABKY 32 OANH NEPHOL (kBaprast, MeCsIL, Hb). ‘OSutenpunsToH MpaxTHKoll ABsACTCA pacuer cTaBKH 3a MepHoN KAK AOAM OT FOLOBOI CTABKH, PACCUMTAHHOM Ha OCHOBE HCA NEPHOOB B OY (cbopmyzta (1.6): (1.6) rae 4, — cranka sa nepiton; 4, eranka 3a rom; 4 — Koamuectuo nepueson 8 roay. Taki 06pa30M, HaTIpHMep, MecaNHad cTaBKa GymeT cocraplaTh 1/12 OF romoBoii. Baecte ¢ Tem Takaad NpPaKTHKa pacucTOB MNPHBOANT K TOMY, YTO Pewibiad TOMOBAA CTABKA JLT CACNOK, PACCTUTAHHBIX C HCTIOMBIOBAH HEM (bOpMy.bI S,, MPCACTABAeHHO!! B IpeALULMLeM Naparpare, Syaer orMUATEES OT TOI, UTO HCMOUIOBANA B PActeTax. STO NPOMCXOLNT AMIN BeAyyae pacueTon Tio (Popmyne coax NpoueHTos. MosiciHM cKAZAHHOe Ha TIpHMepe. Tpustep 2. J1pe onmiakonnie cyntit & 100 000 pyd. nioakeHE 8 Ba cPHAHCOBLIN MHeTPYMeHTa, MpeATOAATAIOULHIN EXE MECHMAITHIE HAMTICACHIEA MpOUCHTOR Ha cyMMy KAA, HeXous 13 cTaBKH LO% rosoBhIX, B nepBoM cay4Yae HauHeNeHHe Npore- XOJMT 110 (POpMy.e HpocTOro NpOUCHTA, HO BTOpoM — no (bopay:te COKHOTO nponenra (c exemecs4 Holi Karueratisanneli nponerTon). TpeGyerca cocrasnrt ‘TAGMUY BOIPACTAHHS CYMMbI BKALLOB MO MEesIHAN CHEYIOMET FOL. 6 Mecxoanbie a ntble (uit peureniia np Mepa 3 npeacrane nes na pric. | A ® c ° E Fig Homann w agebextisnaa ci Foageaseraesa | 10%, 01.05.2018, 1062018 ‘OLO7.218 01.08.7018, ‘01.09.2018, ‘oL10.2018, ‘OL. 112018, ‘o1122018, ‘oL.oL2018 aLo2-2n13 ‘o1on.2019, ‘oLo.za1s 01.05.2019, 18 apgextmmanrozosaacranca 18) Pue. 1.8. Dopaa ¢ iexonbiisee aan inion Une penticntes mpaestepa 3 PopMyuibl JIA pacdcTa NPOLCHTOB aHALOF HUH! NPCABLAYULeMY NpHMcpy, 3a HCKOUCHHEM TOPO, UTO POLORAM CraBka JeTed Ha 12 AIA MOAyUCHMsT MecaMHolt crak (pute, 1,9), 4 a i s ¢ ° € Foi 6 | 1 Houmeannsn -powrimaian cranes man Pv Prt. Tonoean crea 10% 1052018 190000 100000 OLOG 28 Bde SBSUMSESI/ i aCHNCM I/D ‘1072018 oLoa2a18 ‘oL082018, Lunas OL 22018, oLo22019 1032015, ‘oLoaza19 ‘oL052019, 1.9, Dopaysius aH pactera Hospacrasins cyAINe HCTALLON B TIpHMEpE 3 Oru thopmysbI HeoGXOM MO «pacTAHyTb* Jo KONA roma. Kak HB TIpeabl- AYUICM NPUMEPE, CYMMa B CAYYAe CHOARKHOPO MpOLLeHTa BOSpacreT B GOALIE! epe (pitc. 1.10), 16 4 A 8 © B E F 6 Hommeananan w xeon cr | : = — — a : —————— : Soe — ase) tne : a 31 = a a Ce —— Fi eT aes — ees : a z Shoe mens acta a a Ei a 2 18 dppertmenaaraoesa rane 19) Pe 1.10, Pesyanrar pactera mospactaniia cysts ukTa108 8 mpHasepe 3 Buano, sro nepsonayatbras cysima yeenriuace Gombme ses Ha 10%. Noayuaeres, 470 peambulit npupocr cyMMBI 3a TOA He COOTBETETBYeT 3asn- JlenHoli crapke B 10%, a HECKONBKO ee MpeBblmaer. B caa3it ¢ 3THM NpH pacuere NpOUcH TOD YUHTBIBAIOT, UTO MpH CTOKHOM MPOUCHTE MBI HIMeeM J1CN10 ¢ LByMt CTaMKaMnt Pa3Mep roqOBOli CTABKH, Ha OCHOBE KOTOPOTO paccHHTHIBACTCA CTABKA, 3A HEPHOA, HASBIBACTCH HOMHILIDHOM CTABKOMl, a peanbioe OTHOCHTEAD- HOE YRCAMYCHNE HAUATBHOH CYMMBI HagbiBactcs ScpcCKTHBHOH CTARKOlL npoucHta. DchepeKTHBHAA CTABKA PaccUHTBIBAcTeA MO CAcsLyIoUMEH cbopmyae (1.7): (1.7) rar, — otbihexritpiias roaonase crank 5, — meproniastaunbtias ey; 5, — ey c yeeros mpouerton, 1eiteaenmax B TeveMMe rout. AoGanum pacuetst no aannoii bopmyne ais oGoNx BapHaHtToR BKTATA (puc. LL, 1.12). Moxto YBIIeTb, TO B CAy'4ae Npoctoro NpoucHTa adaxPeKTHBHAA CTABKA panna HOMHHANBHOii. B emyuae pactieta no CHOXHBIM MPOWeHTaM 3¢p(pCKTH BHAT CTABKA BILE HOMHHAUIbHOIt; BsAHHOM NpHMepe OHA cocTaRHT 10,47% MIpH HOMHHaLbHOit evanke B 10%. Ww Topenancraona 10% Steams soma seen fenaais —soieegeeey ——aoteruean soem nseg ans sous soma) sansa fuieaas —somteaueey ——abtnineand oar teed waves] ouizme —soesinasie——_esLaon fonsos —sowaecay tree es ‘oxms red 7s ono soma eesszea fons somtegecay —_amassnsa07 ‘osm ‘icoeo 0471067 48 Sppectmmenrosonenctana —=biSBA B/C 10) Pue. 1.1L. Dopsysint sus pa odhcbextimitix crak 8 mpuMepe 3 Tongass crea | 10%, 01.05.2018, 10000 ‘oLosz1s ——to0em.332 noes, oLo7zoe veneers? N71 ‘o1.98.2018, yo2soa—_102520,3512 oLoazmis 10.4203 301975,222 oLioz018 —rettes.ess7—108236.6922 ons reseed 008,351 1 oiz201s ——305851,3233—_1nssat,2001, 72) ‘OLOLZIs —10sce6.s667 ness, 3055 a3) ‘O12 19 107500 —_—407734,5204 1 ovouzo1 —308333,3333_108852,8001 15) oLoszis —10m1e6.se67 —_109585,2207 16 01.05.2019, nio0ea 10878. 3067 7 18 2 pfetmaranrogoesacraana 10.00% a0are ww Pue. 1.12. Mroropite pesyanraras vim npnwepa 3 Takaa CHTYALHA DOSINKIa NOTOMY, 4TO CHOXHDIE TIPOLICHT, Kak YoKC YROMHHAUIOcD, MpesteTaRIeT COGOT FeOMETPHNECKYIO Nporpecciio. A ce SHA MCHATCNb MORHO HOTYYHTH HE JLCACHHEM Ha HCO MEPHOLOB, a BBMHCICHHEM KOpHa coorbeTerByolucit crenenn, Mibisit clOBAMH, /UUt Toro, 4TOGbI BbItTH BrowoBOM HTore Ha 10%, craBKa 3a Mecau LOMA cocTaBIATh He 1096/12, a ‘914+ 10%) -1 , um, punenopom peipaxennut, He 8.33%, a7,97%. Oanako Ha npakTixe cranky 3a NepHon H IpH cAOKHOM MpoueHTe paces HITbIRAIOT AeNeHHeM, a He BEMIICHeHTeM KOpHA. Dra npaxTuKa Box 18 HMK1a B LOKOMITbIOTCPHY10 Spy, KOLA BLIYHCIATb KOPHH GOMBUINX CTenenesi Spo Kpaiine HeyzoGuo. Ceiivac sxe Ona HMceT ApyrHe OCHOBAHIH: CesT cuTaTb MecauHyto crapKy Kak 1I(1+ 10%) -1=7,97% . TO B TOM cayuae, CCAM BKAAIMHK MPeMTOYTET NO Mepe HAMHCCHIA MPOLCHTOB CHMMATE HX HUI NepebosHTb Ha Apyroli cue, 3a rod emy Gye Ha HO 7,97 %* 12 = 9.6%, T.e. MeHbule oGemmaHHtEIx 10%. Peabubie CTABKH YACTO YKASHIBAIOTCS B YCHOBHAX GAHKOBCKHX BKAIOB BMecTe ¢ HOMHIAMBHIMH. PaceMorpiM TaGAMLLy MpOMeHTHbLX CraBoK O”HTOFO 3 BkAatOB COepoanka Ha Hayao 2019 roma (pn. 1.13). . ‘ome, 24uee, 2Guer AZM, Drona rena rane ortoo0 4.201 450 5.05 338 5.45 545 545 er 19000 4.35 4.05 3.20 9.00 5.00 900 800 er4o000 4.50 4.80 $35 9.86 475 875 876 er700000 4.50 4.80 5.35 505 85 575 575 orz000 000 4.50 480 5.35 868 878 575 875 1 Tadaiiua ctanox [AO «Coepéank Pocenit mo knany «Coxpannite © orpitusraibstoro clita CéepSanxa thttps:/,/www.sberbank.ru/) Moxxito yaiiieTb, 470 psLIOM € Lutbpasit HOMHAQIBHO! CTaBKH TIPHBe- ACH bI MCIKHM LUpHtpTOM Lunppbl, JWI KOTOPbIX B CHOCKE yKA3aHO #e yueTOM KATUITAISALIN Nocmorpim, Kak nouy4aioTed 9TH MHdppbl; JUIA ITerO BOSbMEM ONY M3 A4eCK M3 CrONGUA, COOTHETCTBYIOMETO BKTALy B12 roma sia BKAAAOB oT 1000 pyOneit, Homanaabias crapKa coctapaser 5,45 %. CoorpereTnyiouraa odabextHpnas crapka yKasana paiom — 5,59%, Jia aemoncTpaunn Toro, KaK NOAYYCHBI AAHHBLe LHNGPbl, MPHBCAEM MIPHMeEp, HCXOIH H3 YeNOBNIt MauneneHita npouentos 8 CéepGauKe Poccun. Tpuvep 4. Mpontenris ro skiany 8 Ganke Haunicattoted exeMecstito, ¢ ekeMe~ cat HOll KANMITANNSAUHel, HCKOUsE Ha HOMIHaIbHO! rexOBOH cTaBKH MpoueHTa 15,45%. Paccunrraitre a¢bihektimnyio roxonyio cTaBky ro AaniHtoMy HK. Hexodnere dannete dan peaenun npumepa 4 npedemasaeuet na pue. 1.14. 9 Puc, 1.14, bopeta e exon aarinsse 2st pewrenitst npuMepa 4 Cramxa 8 pacuere 3a oan Mees Oyster pacctrpmarses no dopmyse +, Havannyio eysiMy kata MOxHO ykagaTb mOGyI0, KonesHast eyMaa Bictata Hepes roa Gyzer paccurrbinaToca nto ehopay.re Si, a oipxberrHBHan cranka — no cbopayze r, (pic. 1.15). =B2/12 1000 =B4*(1483)12 B41 Puc, 1.15, Dopayse aaa peurenia npuatcpa 4 PesyibtaTel pactera A148 ApUMepa npeseTapcHbl Ha prc. 1.16, Pe, 1.16. Peayanrana sunuicaeniit aia npuepa 4 20 Kak MOxHO BILLETS, pasMep HOMHHAIBHOM craBKH — 5,45% w a¢upex- THBHOM CTABKH, HIM «CTaBKH ¢ Y4eTOM KaniraiMnsanunny, — §5,59% — co- OTBETCTBYIOT JAHHbIM, NIpHBELeEHHbIM C6epGankom Pocenn. Ha ocrone chopay.t 7,, Sa, r, MOXKHO BEIBECTH csenyIOILy!o hopmysly pacuera adubeKTHBHOil CraBKH Ha OCHOBE HOMHEaUIbHOT: S, Syt(ter,)" a Yr, zl oT atte Mroropas cbopmyna 6yqeT HMeTb BIL: {te} -1 (1.8) me ¢, — s¢bextimaa retonaa cramkat 4, — Hosnmmaibtaa rononaa cramka: nepnonon Hamerentia Broay. ‘Ormmane adupextupuoii crapkut or HOMMHATbHOM Gyzer TeM Gomue, Hex Gombe nemMiHHa HOMMHAADHOli cTaBKH H MHETO NepHOsOB HaMcTeHHi. B npaktuke Gankos adpqextunnias ronopast cranKka Moxer HaabInaTDCH N1O-pa3sHOMy, HanpuMep, CTABKa ¢ YUeTOM KANHTAIN3aLMH, LOXOMHOCTE no BKnaay. B npeauecrayrouux mpuMmepax Mbt HCXO/HIIH 13 TOFO, "ITO CTaBKa 3a Me- cs panna 1/12 oF rogonoil CTaRKH, a 3HAUUT, 34 KKM 3 MecsIeR Ha- UHCAseTCH paBHas CraBKa. Ho Ha CaMOM lee MeCALUBI He PABHEI M0 [UTHHE. Kak 3to yuntetpactes npit pacuerax? Jo nvenperia BbrncruTeTbHOH TeXHUKH apHpMeTHUCCKHe BHIMHCIEH HS SpuTHt OFeHb TpyAoeMEHMH. OHH MpOBOAILTICh BPYIHYIO HIN MIpH HoMOMT MPOCTHIX CUCTHBIX HHCTPYMCHTOB, HC POCTOM COAHOCTH YBCMYNBATACh BOSMOXHOCTS OLHOKH. MosToMy HX CTPEMHJINCb YMPOCTHTb, OCOBeHHO ec Peub La O BBIMHCICHHSX, HMCBIIHX Maccopbili XapakTep. B (DHHAHCOBBIX pacuetax ¢ 9TOH Le bIO NCNOb3IOBANACH 360-1He BHAA Mamesb rena, Pou NOMArAICA PABHbIM 12 paBHbIM MecALIAM, COCTOHULUM 13 30 Aleit KaxabIti. Bosnutines 31-¢ aH Mecata MPOLLCHTBI He HAMHCIAAHCL BOBEE, a ¢ 28 den Pai no | Mapra npoueHrb! HAMHCAUIHeh cpasy 3a TPH st Takas Mogenb CyLUecTBYeT 20 CHX Nop H HHOra KOMOHHMpyercs ¢ Apyru- MH MostesiMH. B pesyibTate B MpakTHKe pa3HbIX CTPA CAOKMANCL HECKONDKO- Moueneli pacuera AIHTeNLHOCTH NepHOMOD CAeOK: © Taxoii Metoa Gait mpuaist B cBponeiicKoll 360-aneBHoi MozcaH pacucroR, B aMepH= KaHicKoll NpoUcirH 3a HCCKOAPKO Ane! RALIHEARANCR Hee TocacAHETO ANA ¢beRpaast Ha T Map= Ta, a€ Npeamocsesitero Wa mocaeautit ere. cbeupaist. a * ACT/ACT (or aura. «actual» — «paxTiuecknil»). BaHHol Moment NEPHOM HCUMCATETEA B TOUNDIN KACHAPHBIX JHSX CMCAKH. ITY MOLE Takke Hasbipaiort ACT/365 Win, Gomee rouno, ACT/365 actual (ACT/365 A), sTo6bI oT T CACMYIOLICH MOLCIM pacs + ACT/365 fixed. Sta Moaenb OTANYAETER OT MPEALAY ICH TObKO TEM, "TO BHCOKOCHDIi Fou TAK AKC CUHTACTeH COCTOALLUM TOBKO H3 365 auc! + ACT/360, Ucnonbsyertca (bakrimeckoe HCHO Ae, HO B KaxKubtii 3 aneii Hayncanerca 1/360 rozonoii cravki, OGpaTuTe BuAMaNite, ¥TO B pe- AYABTATS BPOAY HAMHCAACTCH OONLLIMIT NPOLCHT, HEAKCAH NO FOAORO! CTABKe, + 360/360, racxe Haxtinaeaast 30/360, Mirrepran sexay aaTawn HCUNe- sieTes Mo MogeH 360-aHeBHoro roja c 30-nHeBHBIMH MecauaMit. Jlas Tours BerncreHnii TpeGyeTcH 3HaTb, HO KAKO MOTeTH HadHC- aiores mpouentit. Tak, C6epSank Poccnm npr Hadicrenm mpoueHTon Ha pKa MOABayeTeH MoseIO ACT/365 fixed. Mouncaenne ranicnentbix npouerron nponsnoanres no caesyrouteli CXEME: BHAVATE HYAHO PaCCUHTATh NPOAOTAHTEABHOCTS NepHoda, 3a KO- ‘TOPHIit HANHCAALOTCA NPOLCHTHI, BCOOTRETCTBHH ¢ TEM MCTOLOM, KOTOpLIii yka3aH B Meppoil UacTH Ha3BaHiia MeTOAMKH (nepe Kocoli uepToit). Eemt NPOAOKUTEABHOCTh MepHoma paccuuTbRacTcA No MeToAY ACT, to B MS Excel 2octaToYHo MpoOcTo BbINeCTh AATY HAYA CACAKH H3.aTbI OKOHYAHHS, Ecan ona paccuntrsinactest no 360, HeoGXOsMO BOCTOMDIORATRER CbyHK- uneti JHET360 (o6parirre suman, 410 B Heli, HaOGOpor, zaTa Hayasa NpHBOAMTCSA NepBoii, a Lata OKOHMAHHA — BrOpoil). Pacer aieaa suett (nepabatt Pacuer exemnennion craktt KOMIOHCHT HaabaHHA (sropoii KOMIOHCHT Merouuernnt) Haswaltats METONIIKH) ACT: peantioe sicao anelt 360: 1/360 oF renonofi crank (pasnnua aT) 365 (365 fixed): 1/365 oF rogoBolt crak 360: YRCNO ANE! TO Monet 360-;rienit0ro ro.ta (dbopmya ACT(365 actual): 1/365 ‘MS Excel JHEH360) OT POLOBO! CTABRM B OGLEHbI roa, 1/366 n mcoxocnbiit roa Pue. 1.17. Cxewa pacuera suirrera loci epiioga 1 exCANENHOR Crank MO PSEEIM MOTETAM pACHeTOR 22 Jlanee cneayer paccuntare pasMep @KCHEBHOI CTABKH B COOTRETETRHH co BTOpoli 4acTHio HagBaHi MeTOATKH: B cryae 360 — 1/360 to10 reoBOit CTANKH 3a KAKADI LeHb, B cay4ae 365 fixed — 1/365, a cry4ae ACT (365 actual) — 1/365 6 oOpraniniit 1 1/366 6 BHCOKOCHDI roa. Aaee HaMHcreHHe NPONIBOALTCH: 11H CHOKHOFO NPOUEHTa — B COOTHET- cTBHH ¢ hopmyztoii (1.5), 211 Npoctora — B cooTBETETBHH ¢ (popMyztoit (1.3). Meroantka pacueta JuIITe1LHOCTH NepHosia H OKeANEBHOT CTABKH TIpesl- crammena Ha puc. 1.17. PaccMOTpHM C/ICAYIOLUMT NPHMEp, Tipumep 5, Bran p paswepe 1000000 py6. pasmenten 1 sonst 2018 r. 8 GanKe moa cranky B 10%, TpeéyeTea paccunTaTh, KaKOna GyzeT CyMMa BKIT@UIA C Y4eTOM ANCE HBX NPOLEHTON Mo CocTost HHO Ha 20 ceiTaGps, Ho hopmy:te mpoctoro i CNOAHOTO NpoUeHTA, a TAKE AIA pasHeAX MOaeeit BUINCACHMT: ACT/3565, «ACT /3600, «360/360», Hexoaninie aanitbic uta pemenita npiitepa 5 npeneranienst na pie. 1.18 D 4 A B c 1 Pacverti nauHcnenHii no pasHbim mopennm 2 Fearn 01.06.2018 EM fara okonuanna 20.09.2018 4 TEEIeemiy §—1000000,00p. 10% LEME sreceihe dau shel Cot educa caRa cod oe Puc. 1.18, Dopya c 1exoantst aanisuine ats pewsestnst mpustepa 5 Mopmyyier WAH pacueTa NPOUcHTOB opMupyioTes ¢ yHeTOM NpHBEMeHHOit MeTonuku (pie. 1.19, 1.20). 9 |e 4 Sin *{1+B5*(B3-82}/365) =84*(1+85/265)"(B3-62) 9 |Act/360 *(1+85*(83-82)/260) =B4*(1+85/260)"(B3-82) 10 360/360 4*(1+85*MEW360(82;83)/265) =B4*(1+85/385)"QMEH 260(82;83) Pac. 1.19. Doprysnis 2 penienina mpexcepa $ 23 | A 8 | c | D Pacuerb! Ha¥McneHMii no pazHEim mopenam feeneen) Beene HavansHaa cymma 1 2 3 4 5 [ReEEE Racine 6 7 & 8 |ACT/365 1030.410,96p. 1030 873,80p. //AcT/360 1030 833,33p. 1031 309,19p. 10 360/360 1029 863,01p. 1.030 309,17p. Pre, 1.20, Peayaurara masinicaeHinit ia npaaepa S BBI BILANTC, UTO CYMMBI, XOTA IT He3HATHTEABHO, OTAUMAITEA: pasGpoc M@-XIL Pa3MEPOM HAMHCIEHHBIX MPOLCHTOB M0 CIOXHOMY MPOLeHTy cocTa- BHA OkosI0 1000 py6., HH 3,2% oF HANHCTEHABIX NpolcHToR. Kak H MoxXHO: GbLIO NPCANOAOANTH, HANGO!DULMA TIpOUCHT HAMHceH 1o MeToLy ACT/360, nockoubky ACT peeraa nacunTeipaer Gosbue 360 Heli B roay. Bcayyae, Kora nepHOombl HAMHCACHHGE NPOUCHTOR M HX KATIHTAsEEsA LUM pasANMAOTeA, pacueT pasMepa MpoueHToR Gyser Gomee caoxKHbIM. TaK, CGcpGank Poceni no BKalaM C @OKEMCCAYHO! Kan MTAAMSaLLNel HadHenAeT NPOUCH TH CACLHEBHO B pasmepe 1/365 OT roxOBOlt CrabKH, T.c, paBibINtH AOAAMH, & KAM TAAMSHPYCT PAS B MECALL, T.€, UEPeS HEPABHbIe MPOMEAYTKH, Tax, 6 HaWeM TIpHMeEpe NPHUUIOCE ObI BoCHOALIOBATECA opmystoii (1.9); iO )(s+t0% P(t t0%e AE ](1-t0%- 2) (9) 5 25)*[ 110% 365. 1,3, NPOUEHTHBIE PACMETI M10 M3MEHSIOLUEVICA BASE (AHHYMTETbI) B npeaniaynix pasaeaax ronopivtoce 0 TaKOM HaNHC EHH NpoLeHToR, Kora Gaga 218 HaNHeTeHHA He HaMeHATace (Mpoctoii mpoueHtT) HAM Ke VMCHsUIaCh TOKO MO BTHAIHHEM CYMMBI BCCX HaIHC/ICHHBIX IPOUCHTOB: (CIOXHbIT MPOLCHT). 24 Buicere c rem B cpHHAHCoBBIX pacueTax MoBCeMeCTHO BeTpeuacTes CHTY- ALUM, KORA Gaga (U1 PACYeTA NPOLICHTOB HIMCHACTEA NOM BAAHHEM Ta TEXCIL, BHOCHMBIX NEPHOMYCERH HIKE B PALIN bIC TICPHOMbE BPEMCHH. Torraiisimn npHaepan TAKHX pacueToR ABIISIOTC: * HAKOTINTEABHDIC CUCTA, KOTOPHIC MEPHOLHGeCKH MONOANAIOTes Ba- AeIbUeM. 3a CUCT STHX NONOMMEH HiT Gaza LIA HaMHCICHHs Tpoueltron Bee BpeMa YaeAHUnBAeTCH, * KPCMHTBL, KULONACHHOCTE MO KOTOPLIM FACHTCA NocTeneHHo, 3a cueT TATEAKCiL B OTALICHNe KpeaitTa Gaga ALIA HAMHCACHNA NPOLCHTOR BCE BpEMA yMenbuiaeres. Tpu stom cymectbytor Ty minatexeli 1. Anmyreripinm Hastinaior TaTekH, coBepulae Mute B OAMHAKOBDIX CYMMAX H Tepes paBHBle NpoMexYTKH BpeMeHI, 2, Tudupepenunpyemme niatexn — sia naatexeli no Kpemry, co- BEPLEMBIX NEPHOAMYECKH, MPH KOTOPBIX TACHTCA OAHA H Ta Ke LOA OCHOBHOTO AORTA TOC BCE HAYNCHCHHBIe NpOUcHTEL. TakHM oGpazom, TLATCKH CORCPULAOTES UEPe3 PABHbIC MPOMEXYTKH EPEMCHH, HO CyMMa MlaTekA MOCTEMCHHO TWABHO CHIDKACTEH BCNCACTBHE CHICKCHHS! CYMMBI HAMHCIICHHBIX Ha OCTATOK MpolcHTOB. 3. TpousnoubHble MaTeKH — 1aTeKM, IPOMSBOAMMEe Mo CBOGON- Hoii CxeMe? ¢ pasnoli MepHOMYHOCTbIO WIH B Pa3HbIX CYMMaX, HanGoabuiee pacnpoctparicHie Kak lpi HAKOMICHHH JeHer, Tak M1 MpHt TOTALLCHMH KPCAETOR NOAYYHAM AHHYHTCTHDIC THATeN, STO cBABAHO € Te PHOANHOCTHIO NOAYYCHHA LONXOA GOUUMHCTBOM MIATCADULEKOB He OT- HOCHTCJIBHBIM NOCTOHHETBOM pasMepa TAKOTO sLOXOIKA. Tak, 3ACMIMNK MOKET APALCE JAMA MPOBATL, KAKYIO MOCTOAHHYIO CYMMY 13 CBOHX JOXOLOB O11 MOET HANpABAATH Ha NOTAUUCHe Kpealita CKEMECAMHO, PacuerThl Mo ANHYNTeTHBIM MLLATEKAM 3ABMCHT OT HAGOpA HCXOANBIX TApAMeTPOR, HAXHCT MIMI M3 KOTOPBIN AEIELOTCH pasMep AHHYITETHOTO TuiaTexa, KOMIMECTBO NepHonON, CTaBKa MpoueHTa 3a repitog, PacueTbI TaKKe 3ABNCST OT TOFO, COBEPUNAETCH JH AHHYHTETHBIL MATER BHAyaTe MAKKe B KOHL KaKAOTO NepitOna. Mo BpeMenM yraaTe aBHYyHTeTHOrO TIATexKA ANHYNTET SesHTCA Ha Ba BHA: * aNILYITET OpeHYMepauAO — TuIaTeK OCyWECTHAAETCA B HauaATe NEepHosa, * AHIYITeT NOCTHYMepalLAO — I1aTeK OCYLMECTHINIETCA B KOHL HepHosa. B ycaopnax cack MOXCT OBIT IpAMO YKA3aHO, C KAKHM BILIOM aHHYH- ‘TeTAa MBI HMeeM J1e10, Ecsite 3To He YKa3aHO, TO OGbIMHO, Kora AHHYHTET CBSI3AH C HAKOM/ICHHEM, MIATOKH MPOUSBOAIT B Havare MepHoma, a Mp norawieHun kpemTa — HaoGopor, B KOH Hepuosa. Dro AerKO MOHATH 13 CYIIHOCTH CAMHX CHENOK:! YTOGHI CHeMATS MepBOe HAYNCIIEHHE MIpOUCHTOR 1 OCHOBHBIX BAPHAHTA COBEPLICHHA TAKUX Ey TIP HAKOTLICHHH Teer, HeOGXONIMO, HTOOBI ITH JeHbIH NpONEKLT NOTH OBI OH TlepHoa, 1.<, OHH AODKHD! GbUIH GBITb BHECCHBL B Hatkate mepHtosta Ha- snenenms., Toxaxest 970 Ha nipocToli exeme 13 byx TepHoxos (pte, 1.21). f Tare 2 Hanncacrne % 2 Hauncaenite % 1 f Taarex 1 Oo © Oo AMHYHTETA TIPEHYMEpaHLILO HPI HAKONHTCABHBIN FEIATE:KAX, Pure. 1.21. Cem: Ecan 6p marek 1 ne Gb NponseeieH B Hayaie MepBoro MepHola, TO NepROe HAMHCICHHE NPOHSBOAHAOCE Obl Ha Hyenyio CyMMy. CMBICA Ke KPCUNTA LIF 3ACMLLHKa COCTOHT 5 RO3MOAHOCTH HOCTIOADSO- BATECA 3ACMHBIMH ACHBEAMM, [OSTOMY T/1ATCK M0 KPCLHTY HOMKEH OTCTOSTE NO BPEMCHH OT ero MOAyUeHA (pH, 1,22). Hasnenenne % 1 Haunenenne % 2 Thaatex 1 Bouya kpemra Maatex 2 O90 Puc. 1.22. Crema atieiyirera nocriiymepareto mpi 1 # KpeuutTa Maa nenumania cymiiocti auniyutetHore naaTexka npouspenem cro PACHET BHAYAIC OC3 NPHMCHCH HA CPUHAHCOBLIX CpyHKUMii, a 3aTEM — C HE~ TOMBIOBAHMEM TaKoil cbyHKUEHH. Tpnmep 6. Beraa4unk nuocuT exemecsuHo, Hadas ¢ | sBaps 2017 r., no 5000 py6. na euer, cranKa 10 KoTopomy Coctanaaet 5% roaonsix. Tpebyetca PACCHHTATL, KAKA CYMMA HAKONNTEA ¥ Hero Hepes NONTOpA Fost, Mcxoanpie aanibie JULa peieHita npHMepa 6 npexeranierbt Ha pre. 1.23. 26 44 | 8 | c (omy E jr 6 1 Hakonnenma npu aHHyMTeTHBIx nnaTemKax 2 i om Cymaaeenana Tonosan craska 5% 3 |01.01.2017 5.000,00p. 4 |01.02.2017 5000,00p. 5 [01.03.2017 — 5600,00p. 6 |01.04.2017 5.000,00p. T_/01.05.2017 _ 5.000,00p. 8 |01.06.2017 _5.000,00p. 9 |01.07.2017, 5.000,00p. 10 01.08.2017 5 000,00p. 11|01.09.2017 5.000,00p, 12/01.102017 5.000.009. 13 |02.11.2017 5 000,00p. 14 01.12.2017 5000,00p. 15/01.01.2018 — 5.000,00p. 16| 01.02.2018 — 5000,00p. 17| 01.03.2018 5 000,00p. 18 | 01.04.2018 — 5.000,00p. 19 01.05.2018 5000,00p. 20 01.06.2018 5000,00p. 21//01.07.2018, 0,00p. 22| 23) Byaywancronmoct. 24) Pure. 1.23. Dopsia ¢ HexoaMnMit aatIInASE LI peuIeHNET MpUMEpA 6 Tlockonbky pe'b Het 06 aHHyHTeTe NPeHyMepaHO, B MOMeHT NepRoro BIHOCA HAYNCIEHHE MpOLeHTOB He NpowsBOATeS, CreoBaTenHo, B IeliKy C3 cnesyer sanncare thopmyry: =B3, 214 cacayrounx neprostos cya Bruaia GyleT panna cymMe npesuue- eTByIOUIero MecHia, yacanyentoll na 1/12 raxopolt crankH, ¢ npHGaniennem ouepeOTO B3HOCA: =C3*(14SF$2/12)+B4, Npumep ocymectanenus MaHHoro pacueta npemctapnen Ha pHc. 1.24. Ecam paenpoctpanitrs (bopsyay 10 KoHUA cToaGua, To GyayT MonyNeHEL unepper, roka3aunbte Ha pure. 1.25. a 28 2 3 ul) Fs mI x8 » 2 2 3 (01.01.2017 Pe. 1.25. Pesyuratid suricaeniit sia npusepa 6 (01.02.2017 $000,009. 01.03.2017 $000,009. 01.04.2017 $000,005. (01.05.2017 5600,00p. 01.06.2017 $060,t0p. 01.07.2017 _ $000,009. 01.08.2017 5000,009. 01.09.2017 $000,609. o1.t0.2017 $400,009. 011.2017 5000,00p. (01.12.2017 5000,00p. 01.01.2018 $000,009, 01.92.2018 $000,00p, 01.03.2018 $000.0 01.04.2018 $000,009. 9/01.05.2018 $000,009. 01.06.2018 $000,009. 01.07.2018 0,005. ‘Bynpuaa crommocts (01.01.2017 $.000,00p. 01.02.2017 5 000,00p. 101.03.2017 5 000,009. '01.08.2017 5 000,00p. '01.05.2017 _$ 600,00p, | |01.06.2017 3 900,00p. 101.07.2017 5 000,00p. '01.08.2017 5 000,09. 1 01.09.2017 5 000,009. 101,10.2017 5,000,009. [01.11.2017 5.000.00p. 101.12.2017 5 000,009. '01.01.2018 5 000,00p. (01.02.2018 5 000,009, 01.03.2018 5 090,009. 101.02.2018 $ 000,00p. [01.05.2018 5 000,00p. '01.05.2018 5 000,00p. 01.07.2018 0,009. ynyisa cromocre -=ca*(ueS682/12}e08 Pag, 1.24. Dopynis avs peusensia mpercepa 6 '5.000,00p, 10020,a2p. 15 082,59p. 20125,35p. 25 209,20p, 30314,2¢p, 35 440,55p. 40 588,22p a3 737, Mp. 50 947,99p. 35 100.26p. 61.394,28p. 65 650,05. vi927.80p, 7722743. 82 549,28p, 87893,23. 93 289,45. 3 605,03p. Takum oGpa3om, wepes 18 MecsueR nocie nepBoro B3HOCA, C yYeTOM TlocmeAyIOMUITX B3HOCOR, HaKOMMITeH 93 648 py6. 03 Kor. BMecre c Test ans NOLOGHBIX pacueToOR HeOGHszaTeNbHO CTPOHTh TAGAMILBL. OrRet Moker ObITh Tony4en ¢ ToMoutbIO dbritanconoit dbynkunn BCQ (Byayutaa crommecte), KOTOPY!O HYKHO BRECTH B HUCTIRY C23: =BC(F2/12;18;5000;0;1). PaceMoTpHM apryMcHThl 9Toli by KUHN NospaGee. 1. Crapka. 3aecb ykasbinaetes crapka B paciete 32 oH mepuon, BHaueM cayyae 3a Mecau, T.e. F2/12. 2. Knep (xommectse nepnogos), [lo ycnornam 3ataun KoaMuecTBO HepHolos pasno 18 (OHO H3MepseTcsA B MeCHUAX, TAK Kak MepHOs Haue= “ICH — Mecait). 3. [lat (naatew). To ycrosnam saaaun, 3000. 4, Te (npueeacnnaa (Hpmecunaa) croumoct). ror HeoOasaTCAbHbtit ApryMeHT B LAHHOM eMyyae CleLyeT NPONYCTHTS WIM OCTABHTE PaBHBIM aymo. Een 6br 01.01.2017 Ha cuere, Ha KOTOpoM BeseTCs HaKOTUTeHHe, YXe JeKasia Obl KAKas-TO CYMMA, TO HYKHO OHUIO YKagaTh CC BICC. 3. Tun. Stor apryment ykasbinaer Ha THM aHnyMTeTa: Npenystey (aHavenue 3voro aprymerta — 1), HI xe NocrHyMeparo (3424 ryMenta — 0 Wi aprymenr onyuien). Baannos enysae — 1, PesyLTaTel peMIcHHA MpuMepa 6 npexcrapacHl Ha pic. 1.26. MLO He ap 8 5 € o E F é Hanonnessun npu annywterice nnarestax Fa Ta) ToRowsa cram % 1 2 3/01012017 500000p.,_ 5.600,00. 4 [01022017 5000009. 10 020.83p. 5 01.03.2017 s00000p,_15062.59p. 6 01082017 S000,00p.,_20:125,35p. 7|01.05.2017 s000,00p,, 25 209,209. 8 01.05.2017 5000,00p._ 30 314,240. 301072017 5000009. 35.440,55p. 10/01.08.2017 5000,00p., 40 588.22p. 11) 01.09.2017 $000,00p, 48 757,34. $2) 01.10.2017 5000,00p.,_50947,5p, 13) 01.11.2017 5000,00p., 56 160,289, 14) 01.12.2017 500,00. 61394,28p. 15/0101.2018 500000, 66 650.03p. 16)01.02.2018 $000,00p.,_71927.80p. 17) 01.03.2018 — $000,00p. 77227495. 18) 01.08.2018 5.000,00p., 82 549,280. 19/01.05.2018 5000,00p.,_87853,23p. 20/01.96.2018 500000p,__93259,45p. H/OLO7.2018 ——_O00p, $8 48 Op. 23, Gyayuanerenmocrs -93 648,039. 1.26. Hroronite pesyantaria ana mprisicpa & 29 B peayaw 470 H Tipu paeserax Ges (opaty Ho ¢ OTpHuares TM, UTO pacuer NPOHSBOILICH C MOSHLUNH Ganka, UE KOTOPOrO TATE UIINKA SIEJIAIOTES HONOAHBIMH onepaiisian, CooTBeTeTBCHHO, HAKOMICHHAS BETAYHKOM CYMMa SIBIIETCS AOJITOM GaHKA Nepedl BKAALINKOM 1 sLOseKHA GbITh EMY BOSEPAUEHa, T.c. JLIA Ka Ola AIVICTCA NOTEHLE connoli onepattneri. 7 TAATOK 1 GyAYUIAN CTOHMOCTh B ZOrHKe dunancoperx cbynKunii MS Excel ADISHOTCA

    You might also like