Datos:

Un ingeniero estima que un grupo de

n(años)= 20 actual es de 3.000.000 de barriles a p
Producción(barriles)= Bs.3,000,000.00 año. Se estima un precio de 18$ por b
Decrecimiento(barriles)= Bs.150,000.00 en adelante. Calcule el valor presente
Precio 1= Bs.18.00
n1(años)= 5
Precio 2= Bs.25.00
n2(años)= 15
VA= ?
i(año)= 12%

Periodo (Años) Producción

1 Bs.3,000,000.00
2 Bs.2,850,000.00
3 Bs.2,700,000.00
4 Bs.2,550,000.00
5 Bs.2,400,000.00
6 Bs.2,250,000.00
Primeros 5 Años: 7 Bs.2,100,000.00
8 Bs.1,950,000.00
R1+(r/i)= Bs.31,500,000.00 Valor 1 9 Bs.1,800,000.00
((1+i)^(n))-1= Bs.0.76 Valor 2 10 Bs.1,650,000.00
ix(1+i)^(n)= Bs.0.21 Valor 3 11 Bs.1,500,000.00
Valor 2 / Valor 3= Bs.3.60 Valor 4 12 Bs.1,350,000.00
nxr= -Bs.13,500,000.00 Valor 5 13 Bs.1,200,000.00
Valor 5 / Valor 3= -Bs.63,835,521.27 Valor 6 14 Bs.1,050,000.00
15 Bs.900,000.00
VA0=Valor 1 x Valor 4 - Valor 6= Bs.177,385,971.64 16 Bs.750,000.00
17 Bs.600,000.00
Últimos 15 años: 18 Bs.450,000.00
19 Bs.300,000.00
R1+(r/i)= Bs.25,000,000.00 Valor 1 20 Bs.150,000.00
((1+i)^(n))-1= Bs.4.47 Valor 2
ix(1+i)^(n)= Bs.0.66 Valor 3
Valor 2 / Valor 3= Bs.6.81 Valor 4
nxr= -Bs.56,250,000.00 Valor 5
Valor 5 / Valor 3= -Bs.85,638,872.47 Valor 6

VA5=Valor 1 x Valor 4 - Valor 6= Bs.255,910,484.70

VA0= Bs.145,210,481.68
VA0 (neto)= Bs.322,596,453.32
ma que un grupo de pozos producirá petróleo durante 20 años. La producción
0.000 de barriles a partir del primer año, disminuyendo 150.000 barriles por
precio de 18$ por barril los próximos 5 años y de 25$ por barril del sexto año
ule el valor presente del ingreso por ventas asumiendo una tasa del 12%.

Precio Ingreso x Ventas VA de Ingreso x Ventas Diferencial del Ingreso x Ventas ( r )

Bs.18.00 Bs.54,000,000.00 Bs.48,214,285.71
Bs.18.00 Bs.51,300,000.00 Bs.40,896,045.92 -Bs.2,700,000.00
Bs.18.00 Bs.48,600,000.00 Bs.34,592,520.04 -Bs.2,700,000.00
Bs.18.00 Bs.45,900,000.00 Bs.29,170,279.80 -Bs.2,700,000.00
Bs.18.00 Bs.43,200,000.00 Bs.24,512,840.17 -Bs.2,700,000.00
Bs.25.00 Bs.56,250,000.00 Bs.28,498,000.57
Bs.25.00 Bs.52,500,000.00 Bs.23,748,333.81 -Bs.3,750,000.00
Bs.25.00 Bs.48,750,000.00 Bs.19,689,307.36 -Bs.3,750,000.00
Bs.25.00 Bs.45,000,000.00 Bs.16,227,451.12 -Bs.3,750,000.00
Bs.25.00 Bs.41,250,000.00 Bs.13,281,396.01 -Bs.3,750,000.00
Bs.25.00 Bs.37,500,000.00 Bs.10,780,353.90 -Bs.3,750,000.00
Bs.25.00 Bs.33,750,000.00 Bs.8,662,784.39 -Bs.3,750,000.00
Bs.25.00 Bs.30,000,000.00 Bs.6,875,225.70 -Bs.3,750,000.00
Bs.25.00 Bs.26,250,000.00 Bs.5,371,270.08 -Bs.3,750,000.00
Bs.25.00 Bs.22,500,000.00 Bs.4,110,665.88 -Bs.3,750,000.00
Bs.25.00 Bs.18,750,000.00 Bs.3,058,531.16 -Bs.3,750,000.00
Bs.25.00 Bs.15,000,000.00 Bs.2,184,665.11 -Bs.3,750,000.00
Bs.25.00 Bs.11,250,000.00 Bs.1,462,945.39 -Bs.3,750,000.00
Bs.25.00 Bs.7,500,000.00 Bs.870,800.83 -Bs.3,750,000.00
Bs.25.00 Bs.3,750,000.00 Bs.388,750.37 -Bs.3,750,000.00

Sumatoria VA0 (neto)= Bs.322,596,453.32

 Una persona decide acumular
Datos:
dinero. Para ello deposita can
R1(trimestral)=
R3(trimestral)=
Bs.5,000.00
Bs.5,512.50
vencidas en una institución fin
ie1(trimestral)= 12% efectivo trimestral. Las cuot
ie2(trimestral)= 15%
progresión geométrica, la prim
Rn=R1r(n-1) la tercera 5.512,50.
Solución: Después del 2º año la tasa de
15% efectivo trimestral. Det
R3=R1xr2
acumulará durante 5 años.
r= 1.05
R: 644

Periodo (trimestres) Rentas

1 Bs.5,000.00
2 Bs.5,250.00
3 Bs.5,512.50
4 Bs.5,788.13
5 Bs.6,077.53
6 Bs.6,381.41
7 Bs.6,700.48
8 Bs.7,035.50
9 Bs.7,387.28
10 Bs.7,756.64
11 Bs.8,144.47
12 Bs.8,551.70
13 Bs.8,979.28
14 Bs.9,428.25
15 Bs.9,899.66
16 Bs.10,394.64
17 Bs.10,914.37
18 Bs.11,460.09
19 Bs.12,033.10
20 Bs.12,634.75

VF5(años)=
 ide acumular una cierta cantidad de
o deposita cantidades trimestrales y
institución financiera que paga 12%
ral. Las cuotas serán variables en
étrica, la primera cuota será 5.000 y
0.
ño la tasa de interés se incrementa a
imestral. Determine el capital que
nte 5 años.
R: 644.163,36

VF de Rentas
Bs.59,138.49
Bs.55,442.34
Bs.51,977.19
Bs.48,728.62
Bs.45,683.08
Bs.42,827.89
Bs.40,151.14
Bs.37,641.70
Bs.34,368.50
Bs.31,379.94
Bs.28,651.25
Bs.26,159.84
Bs.23,885.07
Bs.21,808.11
Bs.19,911.75
Bs.18,180.29
Bs.16,599.40
Bs.15,155.97
Bs.13,838.06
Bs.12,634.75

Bs.644,163.36