UNIVERSITY OF SAN CARLOS OF GUATEMALA

FACULTY OF ECONOMIC SCIENCES

A company took out a loan for a term of 11 years, during the first 24 months it will not make any payments.
some; starting from the third year, a series of 15 payments begins at the end of every 4 months, being the
first at Q65,000.00 and each subsequent one will increase by Q1,000.00 in relation to the previous one
previous. After completing this series, it will make 8 payments at the end of each semester for an amount of Q30,000.00
each one, at the end of the term, will make a final payment of Q100,000.00. The financial institution charges a
interest rate of 14% annually, compounded every three months. It is requested to determine the value of the
loan received.
The manager of the company La Palma, S. A. has planned to develop an extension project of its
production plant, and for this, he made monthly deposits of Q10,000.00 each for 4 years,
then he made deposits of Q50,000.00 every six months for 3 more years; now that 9 have passed
Years since the first series of deposits began, we ask you to determine the accumulated amount.
in the account, considering it accrued an interest rate of 8.5% per year, compounded
semiannually for the first three years and for the rest of the time at 9.5% annual interest
capitalizable semiannually.
3. In advertising media, Inmobiliaria La Casona, S.A offers two-level houses with the
condiciones siguientes:a)Estricto contado Q675,000.00;b)Con financiamiento, para reservar la casa
Q12,000.00, to complete the down payment, 6 monthly payments of Q10,000.00 each must be made,
One month after the previous payments have been completed, a series of monthly payments will begin.
from Q9,065.29 for 10 years, a financing interest rate of 12% per year is considered
capitalizable three times a year. As a financial analyst, which of the alternatives is the most suitable for you?
It is beneficial for the buyer, comment on your response.
4. Three years ago, we took out a loan with the commitment to pay it off in 5 years through payments.
monthly payments of Q300.00 each, the loan was granted with an annual interest rate of 10%
capitalizable semi-annually, today we were notified that the new interest rate in effect for the balance of
The loan will be 12% per year, compounded quarterly. What should the new rent be?
considering that the loan term does not change, what is the value of the original loan?
5. The company El Diamante, S.A., obtained a loan three and a half years ago for Q255,000.00, payable
at maturity in 30 months, it accrues an annual interest rate of 14% compounded 4 times
the year; to fulfill this obligation within the established deadline, he made the decision to open today
a savings account that offers an interest rate of 9% per year, compounded in a way
quarterly. What amount should be used to open the savings account and continue depositing the same?
Amount in quarterly form to settle the obtained loan? Prepare the table that shows the
accumulation process in the account.
Today, a purchase was made of 5 redeemable bonds for annuities, issued for a term of 15 years.
There are 5 years and 2 months left until maturity, with a nominal value of Q15,000.00 each, and they pay coupons.
quarterly at 9% per annum. For the valuation of the bonds, an annual rate of 7% was agreed upon with
capitalization every four months. The buyer opened a savings account 10 years ago with
Q25,000.00 in a bank that recognizes 6% annual interest with semiannual compounding and needs
To know if with the amount accumulated in the savings account, there is enough or not for the purchase of the bonds.
A merchant took out a loan, for which he must make overdue monthly amortizations.
for a value of Q1,950.00 each for 5 years, acknowledging an interest rate of 9% per year
capitalizable every 4 months, Today, after 36 amortizations have been made, you are notified that the
The new interest rate for the remaining debt will be 11% per year, compounded quarterly.
please indicate the value of the new rent, starting today, taking into account that the deadline does not
change.
8. With the purpose of acquiring a home, a person opens an account with Q50,000.00, then
after 5 years have passed, it is proposed to start a series of deposits at the beginning of each month for
value of Q1,000.00 each, which he plans to carry out over 3 years, then for 12 more years he plans to
make semiannual advance deposits that increase by 10% compared to the previous one, being the
first for Q3,000.00. It asks you to determine what the accumulated value would be at the end of the time,
Considering that the financial institution will credit 7% annually during the first 5 years
capitalizable on a monthly basis and for the remainder of the time will credit 9% annually capitalizable in the form
quarterly.
9. A merchant purchased industrial machinery on credit and made amortizations at the end of each
 capitalizable every four months. Determine the present value of the machinery, considering that to
At the end of the term, the merchant made a final payment of Q20,000.00.
10. An investor wishes to accumulate Q295,000.00 within 7 years. To achieve their goal,
will invest in an institution that will pay him 9% annual interest compounded every four months for
the first 3 years, for the following 2 years, the 12% annual interest compounded four times in the
year and for the rest of the time, 14% annual interest capitalizable semi-annually. Does the investor
Do you want to know how much you'll have to invest to achieve your goal?
11. A fishing company owes 3 documents, which it negotiated with the creditor Financial Institution in
Cancel them in a single payment on June 20, 2023, acknowledging the 4% quarterly simple interest.
ordinary, the documents are the following: a) A promissory note with a nominal value of Q30,000.00, issued
On August 14, 2022, maturing on April 18, 2023, it accrues 5% semiannual interest.
simple, mixed method; b) A promissory note with a nominal value of Q15,000.00, which matures on the 24th of
September 2023; c) A promissory note with a nominal value of Q40,000.00, issued on July 1
from 2022, maturing on March 18, 2023, accrues 4% quarterly simple interest
Exactly. What will be the value of the one-time payment to be made on the agreed date by the fishing company?
12. A person bought a 2023 model vehicle today, and for that purpose, they opened a ...
It has Q25,000.00, 6 months after the first deposit it started a series of monthly deposits.
From Q2,200.00, the bank applied an annual interest rate of 8% compounded quarterly; the
the vehicle has a cash price of Q186,800.00, considering that you will pay off everything accumulated
until today in the savings account, and the balance must be paid in 8 equal monthly installments.
amount, starting the first one within a month, this financing applies an interest rate
8% annually. What will be the value of each monthly payment to be made?
13. A company needs to know its capital balance as of today, for a loan of Q250,000.00,
obtained 4 years ago for a term of 5 years. It is making overdue semiannual payments, its first
The payment was made exactly at the end of the first semester of the second year of the loan being formalized.
The interest rate for the deferment period was 8% annually, compounded semi-annually, and
for the remainder of the term it is 9.75% per annum, capitalizable every 2 months.
14. Currently, there are two lots of bonds of Q50,000.00 each, one lot redeemable at its maturity.
in 5 years and 4 months, with a 10% prize and the other redeemable by annuities issued for 10 years
The deadline is in 4 years and 3 months. The two batches of bonds recognize a coupon rate.
from 3.25% quarterly. Now they want to sell considering a market rate of 14% per year
capitalizable semi-annually. How much will be received from the sale of the bonds?
15. Mr. Arcadio Buendía obtained a loan of Q175,000.00 four years ago for a term of 5 years, is
making overdue semiannual payments, your first payment was made at the end of the second year after receiving it
the credit. At the time of formalizing the credit, an interest rate of 9.5% per year was established
capitalizable semi-annually, but due to financial variations, it was modified at the end of the third year of
having obtained the credit, and from that moment the rate is 10.5% annual capitalizable
semiannually. Mr. Buendía requests that you determine the balance of the credit as of today,
considering that the term of the credit remains the same.
16. Mr. Gaspar Bravo, a resident of the municipality of Melchor de Mencos, obtained two years ago a
Loan of Q75,000.00, accrues a compound interest rate of 4.5% semi-annually, the loan must
ser cancelado en un solo pago dentro de 3 años, y para cumplir con este compromiso, el señor Bravo
Today he opened a savings account with Q25,000.00, then he will make a series of deposits.
equal overdue quarterly payments, will make the first deposit of this series in three months,
The savings account earns an interest rate of 7% per year, compounded semiannually. Why?
How much should the quarterly deposits be to pay off the loan?
17. An institution supporting elderly people called 'Safe Home' received support.
financial of the United Nations Fund; this entity established a fund that is generating for
perpetuity of a semiannual rent of Q550,388.46, the fund was created at the Bank of Guatemala at the beginning
Since the year 2021, this fund has been accruing an interest rate of 8% per year, and the first payment was delivered to him.
to the institution Hogar Seguro at the beginning of the year 2023. You are asked to determine how much was deposited in
the Bank of Guatemala, and which is generating these interests perpetually.
18. Today the purchase of a vehicle was formalized at a price of Q195,000.00; the payment was made
attached for 20% of its price, and the remaining balance will be paid through overdue monthly payments that
they will each be less than their immediate predecessor by Q200.00, for a period of 48 months, for the financing
An interest rate of 7.5% per year is applied, capitalized semi-annually. It is necessary to know why.
the amount for the first payment will be made, and it will be done within a month.