Avaliação Parcial Questão 1

Capital = 50,000.00
i= 1% a.m.
Montante = ?
tempo1 9 meses
tempo2 10 meses

a. Juros simples b. Juros Compostos

JS = C.i.t M = C.(1+i)^t
Período de 9,5 meses = 9 meses Período de 9,5 meses = 9 meses
JS = 4,500.00 M= 54,684.26
M= 54,500.00 JC = 4,684.26
Período de 10 meses Período de 10 meses
JS = 5,000.00 M= 55,231.11
M= 55,000.00 JC = 5,231.11
 Avaliação Parcial Questão 2

Capital = 200,000.00
i= 18% a.a.
tempo = 1 ano

Capitalização Capitalização
Anual Bimestral
i= 18% i= 5%
t= 1 t= 4 semestres
Montante = 236,000.00 Montante = 238,503.72

Capitalização Capitalização
Semestral Mensal
i= 9% i= 1.50%
t= 2 semestres t= 12 semestres
Montante = 237,620.00 Montante = 239,123.63

Capitalização Capitalização taxa efetiva anual

Quadrimestral Continuamente Montante
i= 6% i* = 19.72%
t= 3 semestres t= 1
Montante = 238,203.20 Montante = 239,443.47
i* = exp(i) - 1
M = C.exp(i.n)
 Avaliação Parcial Questão 3
Considerando que u mês tem 30 dias
Capital = 10,000.00 8 meses equivale a 12 periodos de 20 dias
i= 15% 20 dias 240
tempo = 8 meses 12
t= 12 periodos de 20 dias

Capitalização continuamente

M = C.exp(i.n)
Montante = 60,496.47 B3*EXP(B4*B6)
 Avaliação Parcial Questão 4

Capital = 10,000.00
Correção Monetária = 30% a.a. Cap.trimestral
i= 6% a.a. cap. Mensal
Montante = ?

Correção Monetária (cm) - efetiva

teta = 30% a.a
t.cm = 4
teta.trim = 0.075 a.t.

Taxa efetiva
i= 6% a.a
t.taxa = 12
i.mensal = 0.5% a.m.

M = C*(1+teta.trim)^t.cm*(1+i.mensal)^t.taxa

M= 14,178.38
 Avaliação Parcial Questão 5 Fórmulas
i real = i nominal / t
Banco PUC i nominal = i real * t
i= 24% a.s. cap. Mensal i efetiva = (1+i real)^t nominal-1
t real == 6 meses
i real = 4% a.m.

a. Qual a taxa anual nominal cobrada?

t mensal = 12 meses no ano
i nominal = 48.0% anual

b. Qual a taxa anual efetiva cobrada?

i efetiva = 60.1%

c. banco UFRGS
C= 20,000.00
t= 18 meses
M= 40,516.33
taxa efetiva = i* (1+i*) = (1+i)^t
taxa nominal = i M = C*(1+i*)^t
C = M/(1+i*)^t
i* = 80% a.a. cap. Mensal
imensal = 5.02% (1+i*)^(1/t)-1

a. Taxa anual nominal

imensal = 5.02%
ianual = 60.24%
t = 12 meses imensal*t

b. Taxa trimenstral efetiva

t= 3 meses
i*trim = 15.83% (1+imensal)^3-1

c.
C= ?
18 meses
M= 25,000.00
t= 6 periodos de 3 meses em 18 meses
i*trim = 15.83%
Capital = 10,352.17 M/(1+i*)^t
Amortização

Empréstimo = 50,000.00
t= 20 mensais
i* = 2% a.m.

TABELA PRICE

Saldo devedor Saldo

P inicial Juros Amortização Prestação devedor final Juros
0 - - - - 50,000.00 2%
1 R$ 50,000.00 R$ 1,000.00 R$2,057.84 R$3,057.84 R$47,942.16
2 R$ 47,942.16 R$ 958.84 R$2,098.99 R$3,057.84 R$45,843.17
3 R$ 45,843.17 R$ 916.86 R$2,140.97 R$3,057.84 R$43,702.20
4 R$ 43,702.20 R$ 874.04 R$2,183.79 R$3,057.84 R$41,518.41
5 R$ 41,518.41 R$ 830.37 R$2,227.47 R$3,057.84 R$39,290.94
6 R$ 39,290.94 R$ 785.82 R$2,272.02 R$3,057.84 R$37,018.92
7 R$ 37,018.92 R$ 740.38 R$2,317.46 R$3,057.84 R$34,701.46
8 R$ 34,701.46 R$ 694.03 R$2,363.81 R$3,057.84 R$32,337.66
9 R$ 32,337.66 R$ 646.75 R$2,411.08 R$3,057.84 R$29,926.58
10 R$ 29,926.58 R$ 598.53 R$2,459.30 R$3,057.84 R$27,467.27
11 R$ 27,467.27 R$ 549.35 R$2,508.49 R$3,057.84 R$24,958.78
12 R$ 24,958.78 R$ 499.18 R$2,558.66 R$3,057.84 R$22,400.12
13 R$ 22,400.12 R$ 448.00 R$2,609.83 R$3,057.84 R$19,790.29
14 R$ 19,790.29 R$ 395.81 R$2,662.03 R$3,057.84 R$17,128.26
15 R$ 17,128.26 R$ 342.57 R$2,715.27 R$3,057.84 R$14,412.99
16 R$ 14,412.99 R$ 288.26 R$2,769.58 R$3,057.84 R$11,643.41
17 R$ 11,643.41 R$ 232.87 R$2,824.97 R$3,057.84 R$8,818.44
18 R$ 8,818.44 R$ 176.37 R$2,881.47 R$3,057.84 R$5,936.97
19 R$ 5,936.97 R$ 118.74 R$2,939.10 R$3,057.84 R$2,997.88
20 R$ 2,997.88 R$ 59.96 R$2,997.88 R$3,057.84 R$0.00
TOTAL R$ 11,156.72 R$50,000.00 R$61,156.72
 SAC

Saldo devedor Saldo

P inicial Juros Amortização Prestação devedor final Juros
0 50,000.00 2%
1 R$ 50,000.00 R$ 1,000.00 R$2,500.00 R$3,500.00 R$47,500.00
2 R$ 47,500.00 R$ 950.00 R$2,500.00 R$3,450.00 R$45,000.00
3 R$ 45,000.00 R$ 900.00 R$2,500.00 R$3,400.00 R$42,500.00
4 R$ 42,500.00 R$ 850.00 R$2,500.00 R$3,350.00 R$40,000.00
5 R$ 40,000.00 R$ 800.00 R$2,500.00 R$3,300.00 R$37,500.00
6 R$ 37,500.00 R$ 750.00 R$2,500.00 R$3,250.00 R$35,000.00
7 R$ 35,000.00 R$ 700.00 R$2,500.00 R$3,200.00 R$32,500.00
8 R$ 32,500.00 R$ 650.00 R$2,500.00 R$3,150.00 R$30,000.00
9 R$ 30,000.00 R$ 600.00 R$2,500.00 R$3,100.00 R$27,500.00
10 R$ 27,500.00 R$ 550.00 R$2,500.00 R$3,050.00 R$25,000.00
11 R$ 25,000.00 R$ 500.00 R$2,500.00 R$3,000.00 R$22,500.00
12 R$ 22,500.00 R$ 450.00 R$2,500.00 R$2,950.00 R$20,000.00
13 R$ 20,000.00 R$ 400.00 R$2,500.00 R$2,900.00 R$17,500.00
14 R$ 17,500.00 R$ 350.00 R$2,500.00 R$2,850.00 R$15,000.00
15 R$ 15,000.00 R$ 300.00 R$2,500.00 R$2,800.00 R$12,500.00
16 R$ 12,500.00 R$ 250.00 R$2,500.00 R$2,750.00 R$10,000.00
17 R$ 10,000.00 R$ 200.00 R$2,500.00 R$2,700.00 R$7,500.00
18 R$ 7,500.00 R$ 150.00 R$2,500.00 R$2,650.00 R$5,000.00
19 R$ 5,000.00 R$ 100.00 R$2,500.00 R$2,600.00 R$2,500.00
20 R$ 2,500.00 R$ 50.00 R$2,500.00 R$2,550.00 R$0.00
TOTAL R$ 10,500.00 R$50,000.00 R$60,500.00
 (1+i*) = (1+i)^t
i* = 60% a.a
i= 3.99% a.m. (1+B2)^(1/12)-1
Emprestimo = 200,000.00

SAC

Saldo devedor Saldo devedor

P inicial Juros Amortização Prestação final Juros
0 200,000.00 3.99%
1 R$ 200,000.00 R$ 7,988.82 R$4,000.00 R$11,988.82 R$196,000.00
2 R$ 196,000.00 R$ 7,829.05 R$4,000.00 R$11,829.05 R$192,000.00
3 R$ 192,000.00 R$ 7,669.27 R$4,000.00 R$11,669.27 R$188,000.00
4 R$ 188,000.00 R$ 7,509.49 R$4,000.00 R$11,509.49 R$184,000.00
5 R$ 184,000.00 R$ 7,349.72 R$4,000.00 R$11,349.72 R$180,000.00
6 R$ 180,000.00 R$ 7,189.94 R$4,000.00 R$11,189.94 R$176,000.00
7 R$ 176,000.00 R$ 7,030.16 R$4,000.00 R$11,030.16 R$172,000.00
8 R$ 172,000.00 R$ 6,870.39 R$4,000.00 R$10,870.39 R$168,000.00
9 R$ 168,000.00 R$ 6,710.61 R$4,000.00 R$10,710.61 R$164,000.00
10 R$ 164,000.00 R$ 6,550.83 R$4,000.00 R$10,550.83 R$160,000.00
11 R$ 160,000.00 R$ 6,391.06 R$4,000.00 R$10,391.06 R$156,000.00
12 R$ 156,000.00 R$ 6,231.28 R$4,000.00 R$10,231.28 R$152,000.00
13 R$ 152,000.00 R$ 6,071.50 R$4,000.00 R$10,071.50 R$148,000.00
14 R$ 148,000.00 R$ 5,911.73 R$4,000.00 R$9,911.73 R$144,000.00
15 R$ 144,000.00 R$ 5,751.95 R$4,000.00 R$9,751.95 R$140,000.00
16 R$ 140,000.00 R$ 5,592.18 R$4,000.00 R$9,592.18 R$136,000.00
17 R$ 136,000.00 R$ 5,432.40 R$4,000.00 R$9,432.40 R$132,000.00
18 R$ 132,000.00 R$ 5,272.62 R$4,000.00 R$9,272.62 R$128,000.00
19 R$ 128,000.00 R$ 5,112.85 R$4,000.00 R$9,112.85 R$124,000.00
20 R$ 124,000.00 R$ 4,953.07 R$4,000.00 R$8,953.07 R$120,000.00
21 R$ 120,000.00 R$ 4,793.29 R$4,000.00 R$8,793.29 R$116,000.00
22 R$ 116,000.00 R$ 4,633.52 R$4,000.00 R$8,633.52 R$112,000.00
23 R$ 112,000.00 R$ 4,473.74 R$4,000.00 R$8,473.74 R$108,000.00
24 R$ 108,000.00 R$ 4,313.96 R$4,000.00 R$8,313.96 R$104,000.00
25 R$ 104,000.00 R$ 4,154.19 R$4,000.00 R$8,154.19 R$100,000.00
26 R$ 100,000.00 R$ 3,994.41 R$4,000.00 R$7,994.41 R$96,000.00
27 R$ 96,000.00 R$ 3,834.63 R$4,000.00 R$7,834.63 R$92,000.00
28 R$ 92,000.00 R$ 3,674.86 R$4,000.00 R$7,674.86 R$88,000.00
29 R$ 88,000.00 R$ 3,515.08 R$4,000.00 R$7,515.08 R$84,000.00
30 R$ 84,000.00 R$ 3,355.31 R$4,000.00 R$7,355.31 R$80,000.00
31 R$ 80,000.00 R$ 3,195.53 R$4,000.00 R$7,195.53 R$76,000.00
32 R$ 76,000.00 R$ 3,035.75 R$4,000.00 R$7,035.75 R$72,000.00
33 R$ 72,000.00 R$ 2,875.98 R$4,000.00 R$6,875.98 R$68,000.00
34 R$ 68,000.00 R$ 2,716.20 R$4,000.00 R$6,716.20 R$64,000.00
35 R$ 64,000.00 R$ 2,556.42 R$4,000.00 R$6,556.42 R$60,000.00
36 R$ 60,000.00 R$ 2,396.65 R$4,000.00 R$6,396.65 R$56,000.00
37 R$ 56,000.00 R$ 2,236.87 R$4,000.00 R$6,236.87 R$52,000.00
38 R$ 52,000.00 R$ 2,077.09 R$4,000.00 R$6,077.09 R$48,000.00
39 R$ 48,000.00 R$ 1,917.32 R$4,000.00 R$5,917.32 R$44,000.00
40 R$ 44,000.00 R$ 1,757.54 R$4,000.00 R$5,757.54 R$40,000.00
41 R$ 40,000.00 R$ 1,597.76 R$4,000.00 R$5,597.76 R$36,000.00
42 R$ 36,000.00 R$ 1,437.99 R$4,000.00 R$5,437.99 R$32,000.00
43 R$ 32,000.00 R$ 1,278.21 R$4,000.00 R$5,278.21 R$28,000.00
44 R$ 28,000.00 R$ 1,118.44 R$4,000.00 R$5,118.44 R$24,000.00
45 R$ 24,000.00 R$ 958.66 R$4,000.00 R$4,958.66 R$20,000.00
46 R$ 20,000.00 R$ 798.88 R$4,000.00 R$4,798.88 R$16,000.00
47 R$ 16,000.00 R$ 639.11 R$4,000.00 R$4,639.11 R$12,000.00
48 R$ 12,000.00 R$ 479.33 R$4,000.00 R$4,479.33 R$8,000.00
49 R$ 8,000.00 R$ 319.55 R$4,000.00 R$4,319.55 R$4,000.00
50 R$ 4,000.00 R$ 159.78 R$4,000.00 R$4,159.78 R$0.00
item Respostas
a R$11,988.82
b R$4,159.78
c R$80,000.00
Desconto 20.00%
Valor 24,000.00
À vista 19,200.00

A Prazo 1 8,000.00 A Prazo 2 6,700.00

0 - 11,200.00 0 - 12,500.00
1 8,000.00 1 6,700.00
2 8,000.00 2 6,700.00
TIR = 27.47% TIR(C7:C9) 3 6,700.00
Total a pagar 24,000.00 TIR = 28.10%
Juros = 4,800.00 Total a pagar 26,800.00
Juros = 7,600.00

a. taxa de juros praticado pela loja

27.47%

item b
Melhor pagar à vista
27,47% > 20 %
28,10% > 27,47% > 20%

Fazer sobre a melhor (menor) taxa à prazo. Neste caso A Prazo 1 é melhor
item c
valor da parcela 8,000.00
valor total 24,000.00
X = valor da p n
8000/(1,2) 1 6,666.67
8000/(1,2^2) 2 5,555.56
X (VP) = 12,222.22 SOMA(D24:D25)
TMA TAXA
20% 15.74% (D22-D21-D26)/D22
TIR(G7:G10)
 Total da comp 200,000.00

Fluxo Fluxo
mês OTNs periodo Nominal Indexado OTNs Variação
jan 596.94 2 100,000.00 143.78 695.5 --
fev 695.5 3 - 50,000.00 -60.94 820.42 17.96% G5/G4-1
mar 820.42 4 - 50,000.00 -52.53 951.77 16.01%
abr 951.77 5 - 50,000.00 -44.04 1135.27 19.28%
mai 1135.27 6 - 50,000.00 -37.39 1337.12 17.78%
jun 1337.12
jul 1598.26
ago 1982.48
set 2392.06
out 2966.39 paguei 143.78 indexadores
nov 3774.73 recebi -194.91 devolvi menos do que eu recebi
dez 4790.89 TIR = 34.90% item a
i = TIR = 14.73% item b TIR(indexado)
TIR = 13.97% item c teta = (ultimoOTNs/primeiroOTNs)^(1/num
TIR = 17.59% item d teta = ((1+i*)/(1+i))-1
u recebi

meiroOTNs)^(1/numerodeperiodos)-1