=+/ (1+) ^ 300000

80
80
80
80
80
80
VAN= VAOLOR ACTUAL NETO 80
Lo= INVERSION INICIAL 80
FNEt= FLUJO NETO DE EFECTIVO 80
n= VIDA DEL PROYECTO 80

i= TASA DE DESCUENTO

n= 14
inicial 1= 300
inicial 2= 300000

20% 20% 23%

aos F. N. C 4=2*3 (4)=(2)*(3) -5
1 2 3 4 5

80 1 80000 0.8130
80 2 80000 0.6610
80 3 80000 0.5374
80 4 80000 0.4369
80 5 80000 0.3552
80 6 80000 0.2888
80 7 80000 0.2348
80 8 80000 0.1909
80 9 80000 0.1552
80 10 80000 0.1262
VA
300 - Io
VAN
 0.14

AO FNC o E FSA VA
(1) (2) (3) FSA (4)=(2)*(3)
1 80000 0.8772 70175
2 80000 0.7695 61557
3 80000 0.6750 53998
4 80000 0.5921 47366
5 80000 0.5194 41549
6 80000 0.4556 36447
7 80000 0.3996 31971
8 80000 0.3506 28045
9 80000 0.3075 24601
10 80000 0.2697 21580

311093
-Lo -300000
VAN 11093

23% 24% 24% 22%

6=2*5 7 8=2*7 9
6 7 8 9

65040.65 0.8065 64516.13 0.8197

52878.58 0.6504 52029.14 0.6719
42990.71 0.5245 41958.98 0.5507
34951.80 0.4230 33837.89 0.4514
28416.10 0.3411 27288.62 0.3700
23102.52 0.2751 22006.95 0.3033
18782.54 0.2218 17747.54 0.2486
15270.35 0.1789 14312.53 0.2038
12414.92 0.1443 11542.37 0.1670
10093.43 0.1164 9308.36 0.1369
224278 219631
300000 300000
-75722 -80369
 1 FSA 1 0.8771929825
2 FSA 2 0.7694675285
3 FSA 3 0.6749715162
4 FSA 4 0.5920802774
5 FSA 5 0.5193686644
6 FSA 6 0.4555865477
7 FSA 7 0.3996373225
8 FSA 8 0.3505590549
9 FSA 9 0.3075079429
10 FSA 10 0.2697438095

22%
10=2*9
10

65573.770
53748.992
44056.551
36111.927
29599.940
24262.246
19887.087
16300.891
13361.386
10951.956
229091
300000
-70909