|
RENTA Unitaria
Inmediata Temporal PostPagable |
|
|
|
|
|
|
|
| |
VALOR Actual |
|
|
|
|
| - |
Las proyecciones de las n cuantías por
contracapitalización forman una prog. geométrica. |
|
|
| an |
|
(1+i)-n |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
| |
|
(1+i)-(n-1) |
|
|
|
|
| |
|
|
|
|
|
| |
|
··· |
|
|
|
|
|
| |
|
(1+i)-(s+1) |
|
|
|
|
| |
|
|
|
|
|
| as |
|
(1+i)-s |
|
|
|
|
| |
|
|
|
|
| |
|
(1+i)-(s-1) |
|
|
|
|
| |
|
|
|
|
|
| |
|
··· |
|
|
|
|
|
| a1 |
|
(1+i)-1 |
C1=1 € |
|
|
1 € |
|
|
Cs=1 € |
|
|
1 € |
|
|
1 € |
|
|
Cn=1 € |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
··· |
|
|
|
|
|
|
|
··· |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
0 |
|
1 |
|
s-1 |
|
s |
|
s+1 |
|
n-1 |
|
n |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a1 = (1+i)-1 , r = (1+i)-1 , tér. gen. as = (1+i)-s, sumar n tér. Sn = ∑s1,nas = ∑s1,n(1+i)-s |
|
|
|
|
|
(1+i)-1[1 - (1+i)-n] |
|
(1+i)-1[1 - (1+i)-n] |
|
1 - (1+i)-n |
|
|
( V0)n | i = |
= |
= |
Se cumple, 1-(1+i)-1= i·(1+i)-1 |
|
|
1 - (1+i)-1 |
i · (1+i)-1 |
|
i |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| - |
(
V0)n | i = (1+i)-1 + (1+i)-2 + ··· + (1+i)-n = [1-(1+i)-n] / i = an | i |
|
|
|
|
|
|
|
| |
VALOR Final |
|
|
|
|
|
|
|
|
|
| - |
Las proyecciones de las n cuantías por
capitalización forman una prog. geométrica. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1+i)n-1 |
an |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
··· |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1+i)n-(s-1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1+i)n-s |
as |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1+i)n-(s+1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
··· |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1+i) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
C1=1 € |
|
|
1 € |
|
|
Cs=1 € |
|
1 € |
|
|
1 € |
|
Cn=1 € |
|
a1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
··· |
|
|
|
|
|
|
|
··· |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0 |
|
1 |
|
s-1 |
|
s |
|
s+1 |
|
n-1 |
|
n |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a1 = 1 , r = (1+i)
, tér. gen. as
= (1+i)n-s, sumar n tér. Sn = ∑s1,nas = ∑s1,n(1+i)n-s |
|
|
|
|
|
|
1 - (1+i)n |
|
1 - (1+i)n |
|
(1+i)n - 1 |
|
|
|
( Vn)n | i = |
= |
= |
|
|
|
1 - (1+i) |
|
- i |
|
|
i |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| - |
( Vn)n | i = 1 + (1+i) + (1+i)2 + ··· + (1+i)n-1 = [(1+i)n-1] / i = sn | i |
|
|
|
|
|
|
|
| |
RELACIÓN entre el Valor Inicial y el
Final |
|
|
|
|
| - |
Los
capitales (V0,0) y (Vn,n) son equivalentes fin. y
se cumple que : |
sn | i = an | i (1+i)n |
|
|
|
|
|
|
RENTA Constante Inmediata Temporal PostPagable |
|
|
|
|
| |
VALOR Actual |
|
( Va )n | i = C · an | i |
|
|
|
|
|
|
| |
VALOR Final |
|
( Vf )n | i = C · sn | i |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|