1. Usted planea ahorrar para su jubilación durante los próximos 30 años.

Con este propósito invertirá 700 dóla

que el rendimiento sobre la cuenta de acciones sea de 10% anual M.V., mientras que la cuenta de bonos pagará
8% anual M.V. ¿Qué cantidad podrá retirar cada mes de su cuen

Datos

Plazo 360 años

A 700 USD de acciones 700

10% anual M.V
0.8333% m.v

300 USD en Bonos 300

6% anual M.V
0.5000% m.v

Cuando se jubile

Plazo 300 Meses

8% anual M.V
0.667% m.v
P= 1,883,696 P= 1,883,696

0.0489
6.34017596373931 Periodo
A= 14,539 0
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 este propósito invertirá 700 dólares por mes en una cuenta de acciones y 300 mensuales en una cuenta de bonos. Se espera
ras que la cuenta de bonos pagará 6% anual M.V. Cuando se jubile, combinará su dinero en una cuenta con un rendimiento de
podrá retirar cada mes de su cuenta durante un periodo de retiro de 25 años?

700 700 …. 700

F=
360

300 300 ….. 300

F=
360

USD

Rendimiento Retiro Saldo

1,883,696
12,557.97 14,539 1,881,715.36
12,544.77 14,539 1,879,721.46
12,531.48 14,539 1,877,714.26
12,518.10 14,539 1,875,693.69
12,504.62 14,539 1,873,659.64
12,491.06 14,539 1,871,612.03
12,477.41 14,539 1,869,550.77
12,463.67 14,539 1,867,475.77
12,449.84 14,539 1,865,386.94
12,435.91 14,539 1,863,284.18
12,421.89 14,539 1,861,167.41
12,407.78 14,539 1,859,036.52
12,393.58 14,539 1,856,891.42
12,379.28 14,539 1,854,732.03
12,364.88 14,539 1,852,558.23
12,350.39 14,539 1,850,369.95
12,335.80 14,539 1,848,167.08
12,321.11 14,539 1,845,949.52
12,306.33 14,539 1,843,717.18
12,291.45 14,539 1,841,469.96
12,276.47 14,539 1,839,207.75
12,261.39 14,539 1,836,930.46
12,246.20 14,539 1,834,638.00
12,230.92 14,539 1,832,330.24
12,215.53 14,539 1,830,007.11
12,200.05 14,539 1,827,668.48
12,184.46 14,539 1,825,314.27
12,168.76 14,539 1,822,944.36
12,152.96 14,539 1,820,558.65
12,137.06 14,539 1,818,157.03
12,121.05 14,539 1,815,739.41
12,104.93 14,539 1,813,305.67
12,088.70 14,539 1,810,855.70
12,072.37 14,539 1,808,389.40
12,055.93 14,539 1,805,906.66
12,039.38 14,539 1,803,407.36
12,022.72 14,539 1,800,891.41
12,005.94 14,539 1,798,358.68
11,989.06 14,539 1,795,809.06
11,972.06 14,539 1,793,242.45
11,954.95 14,539 1,790,658.73
11,937.72 14,539 1,788,057.78
11,920.39 14,539 1,785,439.50
11,902.93 14,539 1,782,803.76
11,885.36 14,539 1,780,150.44
11,867.67 14,539 1,777,479.44
11,849.86 14,539 1,774,790.63
11,831.94 14,539 1,772,083.90
11,813.89 14,539 1,769,359.12
11,795.73 14,539 1,766,616.17
11,777.44 14,539 1,763,854.94
11,759.03 14,539 1,761,075.30
11,740.50 14,539 1,758,277.13
11,721.85 14,539 1,755,460.31
11,703.07 14,539 1,752,624.71
11,684.16 14,539 1,749,770.20
11,665.13 14,539 1,746,896.66
11,645.98 14,539 1,744,003.97
11,626.69 14,539 1,741,091.99
11,607.28 14,539 1,738,160.60
11,587.74 14,539 1,735,209.66
11,568.06 14,539 1,732,239.06
11,548.26 14,539 1,729,248.65
11,528.32 14,539 1,726,238.30
11,508.26 14,539 1,723,207.88
11,488.05 14,539 1,720,157.26
11,467.72 14,539 1,717,086.31
11,447.24 14,539 1,713,994.88
11,426.63 14,539 1,710,882.84
11,405.89 14,539 1,707,750.05
11,385.00 14,539 1,704,596.38
11,363.98 14,539 1,701,421.68
11,342.81 14,539 1,698,225.82
11,321.51 14,539 1,695,008.66
11,300.06 14,539 1,691,770.04
11,278.47 14,539 1,688,509.84
11,256.73 14,539 1,685,227.90
11,234.85 14,539 1,681,924.08
11,212.83 14,539 1,678,598.24
11,190.65 14,539 1,675,250.22
11,168.33 14,539 1,671,879.88
11,145.87 14,539 1,668,487.08
11,123.25 14,539 1,665,071.65
11,100.48 14,539 1,661,633.46
11,077.56 14,539 1,658,172.34
11,054.48 14,539 1,654,688.15
11,031.25 14,539 1,651,180.74
11,007.87 14,539 1,647,649.94
10,984.33 14,539 1,644,095.60
10,960.64 14,539 1,640,517.56
10,936.78 14,539 1,636,915.67
10,912.77 14,539 1,633,289.77
10,888.60 14,539 1,629,639.70
10,864.26 14,539 1,625,965.29
10,839.77 14,539 1,622,266.39
10,815.11 14,539 1,618,542.83
10,790.29 14,539 1,614,794.44
10,765.30 14,539 1,611,021.07
10,740.14 14,539 1,607,222.54
10,714.82 14,539 1,603,398.68
10,689.32 14,539 1,599,549.33
10,663.66 14,539 1,595,674.32
10,637.83 14,539 1,591,773.48
10,611.82 14,539 1,587,846.63
10,585.64 14,539 1,583,893.60
10,559.29 14,539 1,579,914.22
10,532.76 14,539 1,575,908.31
10,506.06 14,539 1,571,875.70
10,479.17 14,539 1,567,816.20
10,452.11 14,539 1,563,729.63
10,424.86 14,539 1,559,615.83
10,397.44 14,539 1,555,474.59
10,369.83 14,539 1,551,305.75
10,342.04 14,539 1,547,109.12
10,314.06 14,539 1,542,884.51
10,285.90 14,539 1,538,631.73
10,257.54 14,539 1,534,350.61
10,229.00 14,539 1,530,040.94
10,200.27 14,539 1,525,702.54
10,171.35 14,539 1,521,335.22
10,142.23 14,539 1,516,938.78
10,112.93 14,539 1,512,513.03
10,083.42 14,539 1,508,057.78
10,053.72 14,539 1,503,572.83
10,023.82 14,539 1,499,057.98
9,993.72 14,539 1,494,513.02
9,963.42 14,539 1,489,937.77
9,932.92 14,539 1,485,332.02
9,902.21 14,539 1,480,695.56
9,871.30 14,539 1,476,028.19
9,840.19 14,539 1,471,329.71
9,808.86 14,539 1,466,599.90
9,777.33 14,539 1,461,838.56
9,745.59 14,539 1,457,045.48
9,713.64 14,539 1,452,220.45
9,681.47 14,539 1,447,363.25
9,649.09 14,539 1,442,473.66
9,616.49 14,539 1,437,551.48
9,583.68 14,539 1,432,596.49
9,550.64 14,539 1,427,608.46
9,517.39 14,539 1,422,587.18
9,483.91 14,539 1,417,532.42
9,450.22 14,539 1,412,443.96
9,416.29 14,539 1,407,321.58
9,382.14 14,539 1,402,165.06
9,347.77 14,539 1,396,974.15
9,313.16 14,539 1,391,748.64
9,278.32 14,539 1,386,488.29
9,243.26 14,539 1,381,192.88
9,207.95 14,539 1,375,862.16
9,172.41 14,539 1,370,495.90
9,136.64 14,539 1,365,093.87
9,100.63 14,539 1,359,655.82
9,064.37 14,539 1,354,181.52
9,027.88 14,539 1,348,670.73
8,991.14 14,539 1,343,123.19
8,954.15 14,539 1,337,538.68
8,916.92 14,539 1,331,916.93
8,879.45 14,539 1,326,257.70
8,841.72 14,539 1,320,560.75
8,803.74 14,539 1,314,825.82
8,765.51 14,539 1,309,052.65
8,727.02 14,539 1,303,241.00
8,688.27 14,539 1,297,390.60
8,649.27 14,539 1,291,501.20
8,610.01 14,539 1,285,572.53
8,570.48 14,539 1,279,604.35
8,530.70 14,539 1,273,596.37
8,490.64 14,539 1,267,548.34
8,450.32 14,539 1,261,459.99
8,409.73 14,539 1,255,331.05
8,368.87 14,539 1,249,161.25
8,327.74 14,539 1,242,950.32
8,286.34 14,539 1,236,697.99
8,244.65 14,539 1,230,403.97
8,202.69 14,539 1,224,067.99
8,160.45 14,539 1,217,689.77
8,117.93 14,539 1,211,269.03
8,075.13 14,539 1,204,805.49
8,032.04 14,539 1,198,298.85
7,988.66 14,539 1,191,748.84
7,944.99 14,539 1,185,155.16
7,901.03 14,539 1,178,517.52
7,856.78 14,539 1,171,835.64
7,812.24 14,539 1,165,109.20
7,767.39 14,539 1,158,337.92
7,722.25 14,539 1,151,521.51
7,676.81 14,539 1,144,659.64
7,631.06 14,539 1,137,752.04
7,585.01 14,539 1,130,798.38
7,538.66 14,539 1,123,798.36
7,491.99 14,539 1,116,751.68
7,445.01 14,539 1,109,658.02
7,397.72 14,539 1,102,517.07
7,350.11 14,539 1,095,328.51
7,302.19 14,539 1,088,092.03
7,253.95 14,539 1,080,807.30
7,205.38 14,539 1,073,474.01
7,156.49 14,539 1,066,091.83
7,107.28 14,539 1,058,660.44
7,057.74 14,539 1,051,179.51
7,007.86 14,539 1,043,648.70
6,957.66 14,539 1,036,067.68
6,907.12 14,539 1,028,436.13
6,856.24 14,539 1,020,753.70
6,805.02 14,539 1,013,020.05
6,753.47 14,539 1,005,234.85
6,701.57 14,539 997,397.74
6,649.32 14,539 989,508.39
6,596.72 14,539 981,566.44
6,543.78 14,539 973,571.54
6,490.48 14,539 965,523.35
6,436.82 14,539 957,421.50
6,382.81 14,539 949,265.64
6,328.44 14,539 941,055.40
6,273.70 14,539 932,790.44
6,218.60 14,539 924,470.37
6,163.14 14,539 916,094.83
6,107.30 14,539 907,663.46
6,051.09 14,539 899,175.88
5,994.51 14,539 890,631.71
5,937.54 14,539 882,030.58
5,880.20 14,539 873,372.11
5,822.48 14,539 864,655.92
5,764.37 14,539 855,881.63
5,705.88 14,539 847,048.83
5,646.99 14,539 838,157.15
5,587.71 14,539 829,206.19
5,528.04 14,539 820,195.56
5,467.97 14,539 811,124.86
5,407.50 14,539 801,993.69
5,346.62 14,539 792,801.64
5,285.34 14,539 783,548.32
5,223.66 14,539 774,233.30
5,161.56 14,539 764,856.18
5,099.04 14,539 755,416.55
5,036.11 14,539 745,913.99
4,972.76 14,539 736,348.08
4,908.99 14,539 726,718.39
4,844.79 14,539 717,024.51
4,780.16 14,539 707,266.00
4,715.11 14,539 697,442.44
4,649.62 14,539 687,553.38
4,583.69 14,539 677,598.40
4,517.32 14,539 667,577.05
4,450.51 14,539 657,488.89
4,383.26 14,539 647,333.48
4,315.56 14,539 637,110.37
4,247.40 14,539 626,819.10
4,178.79 14,539 616,459.22
4,109.73 14,539 606,030.28
4,040.20 14,539 595,531.81
3,970.21 14,539 584,963.35
3,899.76 14,539 574,324.43
3,828.83 14,539 563,614.59
3,757.43 14,539 552,833.35
3,685.56 14,539 541,980.23
3,613.20 14,539 531,054.76
3,540.37 14,539 520,056.45
3,467.04 14,539 508,984.82
3,393.23 14,539 497,839.39
3,318.93 14,539 486,619.64
3,244.13 14,539 475,325.10
3,168.83 14,539 463,955.26
3,093.04 14,539 452,509.63
3,016.73 14,539 440,987.69
2,939.92 14,539 429,388.93
2,862.59 14,539 417,712.85
2,784.75 14,539 405,958.93
2,706.39 14,539 394,126.66
2,627.51 14,539 382,215.50
2,548.10 14,539 370,224.93
2,468.17 14,539 358,154.42
2,387.70 14,539 346,003.45
2,306.69 14,539 333,771.46
2,225.14 14,539 321,457.93
2,143.05 14,539 309,062.32
2,060.42 14,539 296,584.06
1,977.23 14,539 284,022.62
1,893.48 14,539 271,377.43
1,809.18 14,539 258,647.94
1,724.32 14,539 245,833.59
1,638.89 14,539 232,933.81
1,552.89 14,539 219,948.03
1,466.32 14,539 206,875.67
1,379.17 14,539 193,716.17
1,291.44 14,539 180,468.94
1,203.13 14,539 167,133.40
1,114.22 14,539 153,708.95
1,024.73 14,539 140,195.00
934.63 14,539 126,590.96
843.94 14,539 112,896.23
752.64 14,539 99,110.20
660.73 14,539 85,232.27
568.22 14,539 71,261.81
475.08 14,539 57,198.22
381.32 14,539 43,040.87
286.94 14,539 28,789.13
191.93 14,539 14,442.39
96.28 14,539 - 0.00
ales en una cuenta de bonos. Se espera
ro en una cuenta con un rendimiento de

1,582,342 USD

301,355 USD
 2. Southern California Publishing Company trata de decidir si debe revisar su popular libro Psicoanálisis financie
que la revisión tendrá un costo de 65 000 dólares. El primer año, los flujos de efectivo provenientes de las venta
flujos de efectivo aumentarán 4% por año. El libro se agotará dentro de cinco años. Suponga que el costo inicial
final de cada año. Si la empresa requiere un rendimiento de 11% por tal inversión, ¿debe

Datos
- 65,000 18,000 18,720 19,469
Revision 65,000 USD 0 1 2 3

Ventas 18,000 USD TIR = 15%

Aumentara 4% Año
Si ya que la tasa interna de retorno es mayor que la rentabilidad que requ
Plazo 5 años

Rendimiento 11%
pular libro Psicoanálisis financiero simplificado. La casa editorial ha estimado
ectivo provenientes de las ventas adicionales serán de 18 000 dólares. Estos
os. Suponga que el costo inicial se paga ahora y que los ingresos se reciben al
de 11% por tal inversión, ¿debe emprender la revisión?

20,248 21,057 97,494

4 5

yor que la rentabilidad que requiere la empresa