Post on 22-Feb-2018
7/24/2019 Caso 1 vf
1/210
Periodos
Aos de estudios universitarios (AEU) 5aos
Periodo de gracia (PG) 1 ao
Perodo de repago (PR) 240 meses
Aos a an!amiento de es"uema (A#) 0 aos
Tasas
$asa de inter%s e&ectiva mensua ($E' 1) 00*
$asa de inter%s e&ectiva anua ($EA 1) 1000*
$asa de inter%s e&ectiva mensua ($E' 2) 11+*
$asa de inter%s e&ectiva anua ($EA 2) 15*
$asa de in,aci-n esperada anua (./#AE) 00*
$asa de in,aci-n por eperiencia 2+*
$asa de in,aci-n por eperiencia a cuadrado 300*
Estado IES
Garanta mima 4500* 000*
Garanta mnima 2000* 2500*
ostos operativos 000*
IR
UITs ganadas % efectivo
+ 000*
2+ 1500*
54 2100*
55 000*
6aor de U.$ 50000
Aumento de U.$s 000*
COK 11.00% 10.00%
$asa mnima de ganancia de &ondo 52* 540*
Pensi-n anua de re&erencia 117000 soes
Pensi-n semestra de re&erencia 57500 soes
.ntereses a pagar durante os Aos de estudios 81 0
Est*diosUniversitarios
7/24/2019 Caso 1 vf
2/210
Ao 1 (p1) 400*
Ao 2 (p2) 400*
Ao (p) 400*
Ao 4 (p4) 400*
Ao 5 (p5) 400*
Proai&idad de deserci'n condiciona& est*di
Ao 1 (d1) 400*
Ao 2 (d2) 4*
Ao (d) 9:*
Ao 4 (d4) 54*
Ao 5 (d5) 40*
Proai&idad tota& 1."%
Pro;a;iidad de de&aut promedio inicia 9*
Pro;a;iidad de de&aut promedio
7/24/2019 Caso 1 vf
3/210
7/24/2019 Caso 1 vf
4/210
7/24/2019 Caso 1 vf
5/210
Caso - 1/ Un (rogra+a de crdito ed*cativo (ara e& Per
Cronogra+a de Pagos
Est*dios Universitarios *inti& 1 d
3es 0 $,$00
4)o 1
3es 1 57514 443es 2 5752 443es ! 57542 443es " 57559 443es $ 575+0 44
3es $,$00 5755 443es # 11714 3es 117202 :3es 9 117291 :3es 10 11721 :03es 11 1171 :03es 12 $,$00 11,""2 :1
4)o 2
3es 1 1+704+ 153es 2 1+715 193es ! 1+7290 1+3es " 1+79 13es $ 1+74+9 13es $,$00 1+759 1:3es # 27240 143es 27:5 153es 9 27551 1+3es 10 27+0: 13es 11 279 1:3es 12 $,$00 2",029 1:0
3es 1 2:7+4 253es 2 2:7:41 2+3es ! 07150 2:3es " 0790 240
3es $ 075+ 2423es $,$00 07+9 244
5ese+o&so de&anco
Sa&do de &ade*da
Interesesgenerados
4)os de
7/24/2019 Caso 1 vf
6/210
3es # 97549 2:3es 970+ 2:13es 9 +70+1 2:43es 10 +79 2:93es 11 +7904 2:3es 12 $,$00 !#,#" 00
4)o "
3es 1 479:0 493es 2 44700 43es ! 4472: 513es " 447952 53es $ 447:+: 593es $,$00 4570+ 5:3es # 51712 4053es 517590 403es 9 517:42 4113es 10 52729 4143es 11 527+1 41+
3es 12 $,$00 $!,10! 420
4)o $
3es 1 5:7041 49+3es 2 5:742 4+13es ! 5:7:29 4+43es " 907+4 4+3es $ 90725 413es $,$00 91720 453es # 9+72 53es 9+7+: 5+3es 9 9700 5413es 10 9714 5453es 11 9:7 54:
3es 12 9,$ 55
4)o
3es 1 +07 55+3es 2 +07:14 5913es ! +17450 5953es " +17:: 5+03es $ +2754 5+43es +702 5+3es # +795 53es +471:2 5+3es 9 +47+5 5:2
3es 10 +5720 5:93es 11 +57:0 9013es 12 #,"$ 905
C*ota Intereses
3es 1 +9740+ :5 :5
3es 2 +974 :5 :4
3es ! +972 :5 :
3es " +9722+ :5 :
est*dios
Periodode gracia
Sa&do de &ade*da
7/24/2019 Caso 1 vf
7/210
4)o #
3es $ +97199 :5 :2
3es +97104 :5 :1
3es # +97042 :5 :0
3es +57:+ :5 :0
3es 9 +57:14 :5 :
3es 10 +574: :5
3es 11 +57+4 :5 +
3es 12 #$,#1# :5 +
4)o
3es 1 +57950 :5 9
3es 2 +5752 :5 5
3es ! +5751 :5 4
3es " +57444 :5 4
3es $ +57+ :5
3es +5702 :5 2
3es # +5720 :5 1
3es +5715+ :5 0
3es 9 +570 :5 +:
3es 10 +5700: :5 +
3es 11 +47: :5 +
3es 12 #",$# :5 ++
4)o 9
3es 1 +47+0 :5 +9
3es 2 +47+01 :5 +5
3es ! +47922 :5 +4
3es " +47542 :5 +
3es $ +47491 :5 +2
3es +470 :5 +1
3es # +472:+ :5 +0
3es +4721 :5 9:
3es 9 +4712 :5 9
7/24/2019 Caso 1 vf
8/210
3es 10 +47042 :5 9+
3es 11 +7:55 :5 99
3es 12 #!, :5 95
4)o 10
3es 1 +7++: :5 94
3es 2 +79: :5 9
3es ! +75: :5 92
3es " +7509 :5 91
3es $ +741 :5 90
3es +71: :5 5:
3es # +7224 :5 5
3es +712+ :5 5+
3es 9 +700 :5 59
3es 10 +27:1 :5 54
3es 11 +271 :5 5
3es 12 #2,#!0 :5 52
4)o 11
3es 1 +2792 :5 51
3es 2 +27525 :5 50
3es ! +27420 :5 4:
3es " +2715 :5 4+
3es $ +2720 :5 49
3es +270:: :5 45
3es # +17::0 :5 44
3es +17+: :5 42
3es 9 +17+9+ :5 41
3es 10 +1795 :5 40
3es 11 +175: :5
3es 12 #1,"2! :5 +
3es 1 +1705 :5 9
3es 2 +1719 :5 4
7/24/2019 Caso 1 vf
9/210
4)o 12
3es ! +17099 :5
3es " +07:45 :5 1
3es $ +0722 :5 0
3es +079:+ :5 2:
3es # +075+1 :5 2+
3es +07444 :5 29
3es 9 +0715 :5 24
3es 10 +0714 :5 2
3es 11 +07052 :5 21
3es 12 9,919 :5 20
4)o 1!
3es 1 9:7+4 :5 1
3es 2 9:794+ :5 19
3es ! 9:750: :5 15
3es " 9:79: :5 1
3es $ 9:722 :5 12
3es 9:705 :5 10
3es # 97:40 :5 0
3es 97+: :5 0+
3es 9 97945 :5 05
3es 10 974:5 :5 0
3es 11 9744 :5 01
3es 12 ,190 :5 00
4)o 1"
3es 1 9705 :5 +:
3es 2 9+7+ :5 +:9
3es ! 9+7+1: :5 +:4
3es " 9+755 :5 +:2
3es $ 9+7:9 :5 +:0
3es 9+721 :5 +:
3es # 9+7094 :5 ++
7/24/2019 Caso 1 vf
10/210
3es 997:9 :5 +5
3es 9 997+29 :5 +
3es 10 99755 :5 +1
3es 11 997+: :5 ++:
3es 12 ,202 :5 +++
4)o 1$
3es 1 997024 :5 ++5
3es 2 9574 :5 ++2
3es ! 957991 :5 ++0
3es " 9574+9 :5 +9
3es $ 9572: :5 +99
3es 9570:: :5 +94
3es # 947:0 :5 +92
3es 947+14 :5 +5:
3es 9 94751 :5 +5+
3es 10 94720 :5 +55
3es 11 947120 :5 +5
3es 12 !,91# :5 +50
4)o 1
3es 1 97+12 :5 +4
3es 2 97504 :5 +45
3es ! 972:4 :5 +4
3es " 9701 :5 +41
3es $ 92799 :5 +
3es 92794: :5 +9
3es # 92742: :5 +
3es 927209 :5 +0
3es 9 917:1 :5 +2
3es 10 917+5 :5 +25
3es 11 917522 :5 +2
3es 12 1,29 :5 +20
Periodo
7/24/2019 Caso 1 vf
11/210
4)o 1#
3es 1 91705 :5 +1+
3es 2 90714 :5 +14
3es ! 9075+ :5 +12
3es " 9072 :5 +0:
3es $ 90701 :5 +09
3es 5:71 :5 +0
3es # 5:75+ :5 +00
3es 5:722 :5 9:+
3es 9 5:709 :5 9:4
3es 10 5701 :5 9:1
3es 11 5755 :5 9
3es 12 $,2# :5 95
4)o 1
3es 1 5+7::9 :5 92
3es 2 5+7+21 :5 9+:
3es ! 5+7444 :5 9+5
3es " 5+719 :5 9+2
3es $ 597+ :5 99:
3es 5975:1 :5 995
3es # 59700 :5 992
3es 597005 :5 95:
3es 9 557+0 :5 955
3es 10 557409 :5 952
3es 11 557101 :5 94
3es 12 $",#9! :5 945
3es 1 54741 :5 941
3es 2 547195 :5 9+
3es ! 5749 :5 94
3es " 5752 :5 90
3es $ 571:9 :5 929
de re(ago
7/24/2019 Caso 1 vf
12/210
4)o 193es 52795 :5 922
3es # 52751 :5 91:
3es 5271:2 :5 915
3es 9 51750 :5 911
3es 10 51750 :5 90+
3es 11 51715 :5 90
3es 12 $0,#9 :5 5:
4)o 20
3es 1 507440 :5 5:4
3es 2 5070++ :5 5:0
3es ! 4:7+0: :5 59
3es " 4:7 :5 52
3es $ 47:92 :5 5++
3es 4752 :5 5+
3es # 471:+ :5 59
3es 4+70 :5 594
3es 9 4+7414 :5 55:
3es 10 4+7019 :5 555
3es 11 49791 :5 550
3es 12 ",20$ :5 545
4)o 21
3es 1 457+: :5 541
3es 2 457+9 :5 59
3es ! 447:5 :5 51
3es " 447529 :5 529
3es $ 4470:4 :5 521
3es 4795+ :5 519
3es # 47215 :5 511
3es 427+9+ :5 509
3es 9 42714 :5 500
3es 10 41759 :5 4:5
7/24/2019 Caso 1 vf
13/210
3es 11 417: :5 4:0
3es 12 "0,92" :5 44
4)o 22
3es 1 407450 :5 4+:
3es 2 :7:+0 :5 4+
3es ! :745 :5 49
3es " 7::4 :5 492
3es $ 74:+ :5 459
3es +7::4 :5 450
3es # +749 :5 445
3es 97:+1 :5 4:
3es 9 97451 :5 4
3es 10 57:24 :5 429
3es 11 57:1 :5 420
3es 12 !",$2 :5 414
4)o 2!
3es 1 470+ :5 40
3es 2 7+55 :5 401
3es ! 71:+ :5 :5
3es " 2792 :5
3es $ 27091 :5 2
3es 174 :5 +5
3es # 07: :5 9
3es 070+ :5 92
3es 9 2:7+0 :5 55
3es 10 2:710 :5 4
3es 11 274:0 :5 41
3es 12 2#,#0 :5
3es 1 2+724 :5 29
3es 2 29790: :5 1:
3es ! 257:9+ :5 11
7/24/2019 Caso 1 vf
14/210
4)o 2"
3es " 2571 :5 04
3es $ 247991 :5 2:9
3es 27::+ :5 2:
3es # 2724 :5 21
3es 227944 :5 2+
3es 9 217:59 :5 295
3es 10 217290 :5 25+
3es 11 207555 :5 24:
3es 12 19,"! :5 240
4)o 2$
3es 1 1:7122 :5 22
3es 2 17: :5 224
3es ! 1+7955 :5 215
3es " 197:0 :5 20+
3es $ 19715 :5 1:
3es 157: :5 1:
3es # 147919 :5 10
3es 174 :5 1+1
3es 9 17042 :5 192
3es 10 127242 :5 15
3es 11 11742 :5 14
3es 12 10,1! :5 14
4)o 2
3es 1 :7+4 :5 124
3es 2 7:45 :5 114
3es ! 70:+ :5 105
3es " +72 :5 :5
3es $ 97+0 :5 5
3es 574:1 :5 +5
3es # 4790 :5 94
3es 7+0 :5 54
7/24/2019 Caso 1 vf
15/210
3es 9 27+:4 :5 4
3es 10 17+ :5
3es 11 :42 :5 22
3es 12 0 :5 11
7/24/2019 Caso 1 vf
16/210
Est*dios Universitarios *inti& 2 d
3es 0
0
4)o 1
3es 1
0 3es 2
0 3es !
0 3es "
0 3es $
0 3es 0 3es #
0 3es
0 3es 9
0 3es 10
0 3es 11
0 3es 12
0
4)o 2
3es 1
0 3es 2
0 3es !
0 3es "
0 3es $
0 3es
0 3es #
0 3es
0 3es 9
0 3es 10
0 3es 11
0 3es 12
0
3es 1
0 3es 2
0 3es !
0 3es "
0 3es $0 3es
Intereses(agados
4)os de
7/24/2019 Caso 1 vf
17/210
0 3es #
0 3es
0 3es 9
0 3es 10
0 3es 11
0 3es 12
0
4)o "
3es 1
0 3es 2
0 3es !
0 3es "
0 3es $
0 3es
0 3es #
0 3es
0 3es 9
0 3es 10
0 3es 11
0 3es 120
4)o $
3es 1
0 3es 2
0 3es !
0 3es "
0 3es $
0 3es
0 3es #
0 3es
0 3es 9
0 3es 10
0 3es 11
0 3es 12
0
4)o
3es 1
0 3es 2
0 3es !
0 3es "
0 3es $
0 3es
0 3es #
0 3es
0 3es 9
0 3es 100 3es 11
0 3es 12
4+orti6aci'n
5 3es 1
5: 3es 2
90 3es !
91 3es "
est*dios
Periodode gracia
7/24/2019 Caso 1 vf
18/210
91
4)o #
3es $
92 3es
9 3es #
9 3es
94 3es 9
95 3es 10
99 3es 11
99 3es 12
9+
4)o
3es 1
9 3es 2
9: 3es !
+0 3es "
+0 3es $
+1 3es
+2 3es #
+ 3es
+4 3es 9
+5 3es 10
+5 3es 11
+9 3es 12
++
4)o 9
3es 1
+ 3es 2
+: 3es !
0 3es "
1 3es $
2 3es
3es #
4 3es
5 3es 9
7/24/2019 Caso 1 vf
19/210
9
3es 10
+ 3es 11
3es 12
:
4)o 10
3es 1
:0 3es 2
:1 3es !
:2 3es "
: 3es $
:4 3es
:5 3es #
:9 3es
:+ 3es 9
:: 3es 10
100 3es 11
101 3es 12
102
4)o 11
3es 1
10 3es 2
105 3es !
109 3es "
10+ 3es $
10 3es
110 3es #
111 3es
112 3es 9
11 3es 10
115 3es 11
119 3es 12
11+ 3es 1
11: 3es 2
7/24/2019 Caso 1 vf
20/210
120
4)o 12
3es !
122 3es "
12 3es $
124 3es
129 3es #
12+ 3es
12: 3es 9
10 3es 10
12 3es 11
1 3es 12
15
4)o 1!
3es 1
1+ 3es 2
1 3es !
140 3es "
141 3es $
14 3es
145 3es #
149 3es
14 3es 9
150 3es 10
152 3es 11
15 3es 12
155
4)o 1"
3es 1
15+ 3es 2
15: 3es !
191 3es "
19 3es $
195 3es
199 3es #
7/24/2019 Caso 1 vf
21/210
19
3es
1+0 3es 9
1+2 3es 10
1+4 3es 11
1+9 3es 12
1+:
4)o 1$
3es 1
11 3es 2
1 3es !
15 3es "
1+ 3es $
1: 3es
1:1 3es #
1:4 3es
1:9 3es 9
1: 3es 10
201 3es 11
20 3es 12
205
4)o 1
3es 1
20 3es 2
210 3es !
21 3es "
215 3es $
21 3es
220 3es #
22 3es
225 3es 9
22 3es 10
21 3es 11
2 3es 12Periodo
7/24/2019 Caso 1 vf
22/210
29
4)o 1#
3es 1
2: 3es 2
242 3es !
244 3es "
24+ 3es $
250 3es
25 3es #
259 3es
25: 3es 9
292 3es 10
295 3es 11
29 3es 12
2+1
4)o 1
3es 1
2+5 3es 2
2+ 3es !
21 3es "
24 3es $
2 3es
2:1 3es #
2:4 3es
2: 3es 9
01 3es 10
05 3es 11
0 3es 12
12 3es 1
19 3es 2
1: 3es !
2 3es "
2+ 3es $
de re(ago
7/24/2019 Caso 1 vf
23/210
14)o 19
3es
5 3es #
3es
42 3es 9
49 3es 10
50 3es 11
55 3es 12
5:
4)o 20
3es 1
9 3es 2
9+ 3es !
+1 3es "
+9 3es $
0 3es
5 3es #
: 3es
:4 3es 9
: 3es 10
40 3es 11
40 3es 12
412
4)o 21
3es 1
41+ 3es 2
422 3es !
42+ 3es "
42 3es $
4+ 3es
442 3es #
44+ 3es
45 3es 9
45 3es 10
7/24/2019 Caso 1 vf
24/210
49 3es 11
49: 3es 12
4+4
4)o 22
3es 1
40 3es 2
45 3es !
4:1 3es "
4:+ 3es $
50 3es
50: 3es #
515 3es
521 3es 9
52+ 3es 10
5 3es 11
5: 3es 12
545
4)o 2!
3es 1
552 3es 2
55 3es !
595 3es "
5+1 3es $
5+ 3es
55 3es #
5:2 3es
5: 3es 9
905 3es 10
91 3es 11
920 3es 12
92+ 3es 1
94 3es 2
942 3es !
7/24/2019 Caso 1 vf
25/210
94:
4)o 2"
3es "
95+ 3es $
995 3es
9+2 3es #
90 3es
9 3es 9
9:9 3es 10
+04 3es 11
+1 3es 12
+21
4)o 2$
3es 1
+2: 3es 2
+ 3es !
+4+ 3es "
+55 3es $
+94 3es
++ 3es #
+2 3es
+:1 3es 9
00 3es 10
10 3es 11
1: 3es 12
2:
4)o 2
3es 1
: 3es 2
4 3es !
5 3es "
9 3es $
+: 3es
: 3es #
:: 3es
7/24/2019 Caso 1 vf
26/210
:10
3es 9
:20 3es 10
:1 3es 11
:42 3es 12
7/24/2019 Caso 1 vf
27/210
$,$00
5744 44 905749 44 90
57451 44 90
5745 4 905741 4 90
$,$00 57401 4 90107:2 + 90
107:55 + 90107: + 90117010 90
1170 90
$,$00 11,0 90
1979 12 90197+11 1 90197+4 1 90
1975 14 90
197:2 14 90$,$00 1+700+ 15 90
22792+ 1+: 90227+4+ 10 902279: 11 90
227::1 12 90
27114 1 90
$,$00 2!,2!9 14 90
27:0 22: 902:70+ 21 90
2:7250 22 90
2:742 2 90
2:75: 25 90$,$00 2:7++4 29 90
5ese+o&so de&anco
Sa&do de &ade*da
Interesesgenerados
Intereses(agados
7/24/2019 Caso 1 vf
28/210
574:5 21 9057+1 2 90
57:4 25 90971+0 2+ 90
97: 2 90
$,$00 !,29 2:0 90
427404 9 90
4279 90
427:9 40 9047249 4 904750 45 90
$,$00 471 4+ 904:7951 : 90
4:7:+ :9 90
50725 :: 9050799+ 401 90517011 404 90
$,$00 $1,!$# 40+ 905+7251 45 90
5+794+ 45+ 905704+ 490 9057450 49 90
5759 499 90
$,$00 5:7295 49: 90957222 519 9095792 520 90
997149 524 9099791 52+ 90
9+704 51 90
#,$$9 55 90
970 5: 90
97520 54 909:700+ 549 909:74:+ 550 909:7::1 554 90
+074: 55 90
+07::1 592 90+174: 599 90+2700 5+0 90
+27522 5+4 90+7040 5+ 90
#!,$! 52 90
C*ota Intereses 4+orti6aci'n
+7509 :1+ 91 59
+7450 :1+ 90 5+
+7:2 :1+ 5: 5
+74 :1+ 5: 5
Sa&do de &ade*da
7/24/2019 Caso 1 vf
29/210
+72+5 :1+ 5 5:
+7215 :1+ 5+ 90
+7155 :1+ 5+ 90
+70:4 :1+ 59 91
+702 :1+ 55 92
+27:+0 :1+ 54 92
+27:0+ :1+ 54 9
#2,"! :1+ 5 94
+27++ :1+ 52 95
+27+1 :1+ 52 95
+2794+ :1+ 51 99
+2750 :1+ 50 9+
+27512 :1+ 4: 9
+2744 :1+ 4 9:
+27+4 :1+ 4 9:
+2704 :1+ 4+ +0
+272 :1+ 49 +1
+27191 :1+ 45 +2
+270: :1+ 44 +
#2,01$ :1+ 4 +
+17:41 :1+ 4 +4
+1799 :1+ 42 +5
+17+:0 :1+ 41 +9
+17+1 :1+ 40 ++
+1795 :1+ : +
+17559 :1+ +:
+174+9 :1+ + 0
+17:9 :1+ 9 1
+1714 :1+ 5
2
7/24/2019 Caso 1 vf
30/210
+1722 :1+ 4
+1714 :1+
#1,0" :1+ 2 4
+07:+ :1+ 1 5
+07:2 :1+ 0 9
+0704 :1+ 2: +
+07+19 :1+ 2
+07929 :1+ 2+ :0
+0759 :1+ 29 :1
+07444 :1+ 25 :2
+0751 :1+ 24 :
+0725+ :1+ 2 :4
+0719 :1+ 22 :5
+0709+ :1+ 21 :9
9,99 :1+ 20 :+
9:7+1 :1+ 1: :
9:7++2 :1+ 1+ ::
9:79+1 :1+ 19 101
9:759: :1+ 15 102
9:7499 :1+ 14 10
9:792 :1+ 1 104
9:725+ :1+ 12 105
9:7150 :1+ 10 10+
9:7042 :1+ 0: 10
97: :1+ 0 10:
972 :1+ 0+ 110
,#11 :1+ 05 112
975: :1+ 04 11
9744 :1+ 0
114
7/24/2019 Caso 1 vf
31/210
979 :1+ 01 119
97251 :1+ 00 11+
971 :1+ +:: 11
9701 :1+ +:+ 120
9+7:2 :1+ +:9 121
9+7++0 :1+ +:4 12
9+7949 :1+ +: 124
9+7520 :1+ +:1 125
9+7: :1+ +:0 12+
#,2$ :1+ +: 12
9+715 :1+ ++ 10
9+700 :1+ +5 11
997+0 :1+ +4 1
997+9 :1+ +2 15
997900 :1+ +1 19
997492 :1+ ++: 1
9972 :1+ ++ 1:
99712 :1+ ++9 141
9970: :1+ ++4 14
957:5 :1+ ++ 144
957+4: :1+ ++1 149
$,02 :1+ +9: 14
957452 :1+ +9 14:
95701 :1+ +99 151
95714 :1+ +94 15
947::4 :1+ +92 155
947+ :1+ +90 159
9479+: :1+ +5: 15
94751: :1+ +5+
190
7/24/2019 Caso 1 vf
32/210
9475+ :1+ +55 192
9471: :1+ +5 194
94702+ :1+ +51 199
975: :1+ +4: 19
!,9 :1+ +4+ 1+0
9751 :1+ +45 1+2
9744 :1+ +4 1+4
9719 :1+ +41 1+9
927::0 :1+ +: 1+
92710 :1+ ++ 10
92792 :1+ +5 12
927444 :1+ + 14
92725 :1+ +1 19
92709: :1+ +2 1
917+: :1+ +29 1:1
91799 :1+ +24 1:
1,"90 :1+ +22 1:5
9172: :1+ +1: 1:+
9170: :1+ +1+ 200
907:1 :1+ +15 202
9079+ :1+ +12 204
90740 :1+ +10 20+
9072+0 :1+ +0 20:
90705: :1+ +05 212
5:744 :1+ +0 214
5:792 :1+ +00 21+
5:740 :1+ 9: 21:
5:71+ :1+ 9:5 222
$,92 :1+ 9:2
224
7/24/2019 Caso 1 vf
33/210
57+5 :1+ 9:0 22+
57505 :1+ 9+ 20
572+ :1+ 95 22
570 :1+ 92 25
5+700 :1+ 9+: 2
5+755: :1+ 9+9 241
5+719 :1+ 9+ 24
5+70+0 :1+ 9+1 249
59721 :1+ 99 24:
59759 :1+ 995 252
5971 :1+ 992 255
$,0$$ :1+ 95: 25
557+:4 :1+ 959 291
55750 :1+ 95 294
55729 :1+ 950 29+
547:: :1+ 94+ 2+0
547+1: :1+ 94 2+
547442 :1+ 940 2++
54719 :1+ 9+ 20
57+: :1+ 94 2
575: :1+ 90 2+
570 :1+ 92+ 2:0
57010 :1+ 924 2:
$2,#1! :1+ 920 2:+
52741 :1+ 91+ 00
52710: :1+ 91 04
51702 :1+ 910 0+
5174:1 :1+ 909 11
5171++ :1+ 902
14
7/24/2019 Caso 1 vf
34/210
5075: :1+ 5:: 1
5075+ :1+ 5:5 22
507211 :1+ 5:1 29
4:72 :1+ 5+ 2:
4:754 :1+ 54
4:7211 :1+ 50 +
",#0 :1+ 5+9 41
47525 :1+ 5+2 45
471+9 :1+ 59 4:
4+722 :1+ 594 5
4+7495 :1+ 590 5+
4+7104 :1+ 555 92
497+ :1+ 551 99
4979 :1+ 54+ +0
457:: :1+ 54 +4
457914 :1+ 5 +:
45721 :1+ 54
44744 :1+ 52:
"","$1 :1+ 525 :2
447054 :1+ 520 :+
4795 :1+ 515 401
4724+ :1+ 511 409
4279 :1+ 509 411
427420 :1+ 501 419
427000 :1+ 4:9 421
4175+4 :1+ 4:1 429
417144 :1+ 49 40
407+0 :1+ 41 49
40729+ :1+ 4+9
441
7/24/2019 Caso 1 vf
35/210
:722 :1+ 4+1 449
!9,!#1 :1+ 499 451
7:14 :1+ 491 459
745 :1+ 455 492
+7:9 :1+ 450 49+
+751 :1+ 444 4+2
+705 :1+ 4: 4+
97552 :1+ 4 44
9709 :1+ 42 4:
5759 :1+ 422 4:5
5709+ :1+ 419 501
47590 :1+ 410 50+
4704 :1+ 404 51
!!,$29 :1+ : 51:
7004 :1+ :2 525
274+4 :1+ 9 51
17:+ :1+ 0 5+
17:4 :1+ +4 54
0744 :1+ 9+ 550
072 :1+ 91 559
2:7+25 :1+ 54 59
2:7159 :1+ 4 59:
2750 :1+ 41 5+9
2+7:: :1+ 4 5
2+740: :1+ 2 5:
2,12 :1+ 21 5:9
29720: :1+ 14 90
2575:: :1+ 0+ 910
247:2 :1+ 00
91+
7/24/2019 Caso 1 vf
36/210
2475+ :1+ 2:2 925
27+25 :1+ 25 92
2709 :1+ 2+ 9:
2274: :1+ 2+0 94+
217+4 :1+ 29 954
217122 :1+ 255 992
20745 :1+ 24+ 9+0
1:7++5 :1+ 2: 9+
19,090 :1+ 21 99
17:9 :1+ 22 9:4
1+79:4 :1+ 215 +02
197:4 :1+ 20+ +10
197299 :1+ 1:: +1
157540 :1+ 1:0 +2+
14705 :1+ 12 +5
147091 :1+ 1+ +44
170 :1+ 195 +52
12754+ :1+ 159 +91
117+++ :1+ 14+ ++0
107:: :1+ 1 ++:
10,210 :1+ 12: +
:7412 :1+ 11: +:+
7909 :1+ 110 0+
+7+: :1+ 101 19
97:94 :1+ :1 29
9712 :1+ 1 5
572 :1+ +2 45
4742 :1+ 92 55
759 :1+ 52
95
7/24/2019 Caso 1 vf
37/210
279 :1+ 42 +5
1702 :1+ 1 5
:09 :1+ 21 :9
0 :1+ 11 :09
7/24/2019 Caso 1 vf
38/210
Estudios Universitarios Quintil 3 de Ingresos
Desembolso del banco
Mes 0 5,500
Ao 1
Mes 1 5,444 44
Mes 2 5,387 43
Mes 3 5,330 43
Mes 5,273 43
Mes 5 5,215 42
Mes ! 5,500 5,156 42Mes " 10,641 85
Mes # 10,626 85
Mes $ 10,611 85
Mes 10 10,596 85
Mes 11 10,580 84
Mes 12 5,500 10,5! 84
Ao 2
Mes 1 16,092 128
Mes 2 16,121 128
Mes 3 16,149 129
Mes 16,178 129
Mes 5 16,207 129
Mes ! 5,500 16,236 129
Mes " 21,810 173
Mes # 21,884 174
Mes $ 21,958 175
Mes 10 22,033 175
Mes 11 22,109 176
Mes 12 5,500 22,1#5 176
Mes 1 27,806 221
Mes 2 27,928 222
Mes 3 28,050 223
Mes 28,174 224
Mes 5 28,299 225Mes ! 5,500 28,424 226
%aldo de ladeuda
Interesesgenerados
Aos de
7/24/2019 Caso 1 vf
39/210
Mes " 34,095 271
Mes # 34,267 272
Mes $ 34,440 273
Mes 10 34,615 275
Mes 11 34,791 276
Mes 12 5,500 3,$!# 277
Ao
Mes 1 40,691 323
Mes 2 40,915 324
Mes 3 41,142 326
Mes 41,370 328
Mes 5 41,600 330
Mes ! 5,500 41,831 332
Mes " 47,609 377
Mes # 47,888 380
Mes $ 48,170 382
Mes 10 48,454 384
Mes 11 48,741 386
Mes 12 5,500 $,02$ 389
Ao 5
Mes 1 54,864 435
Mes 2 55,202 437
Mes 3 55,542 440
Mes 55,885 443
Mes 5 56,230 446
Mes ! 5,500 56,579 448
Mes " 62,474 495
Mes # 62,872 498
Mes $ 63,273 501
Mes 10 63,678 505
Mes 11 64,086 508
Mes 12 !,$" 511
Ao !
Mes 1 64,911 514
Mes 2 65,329 518
Mes 3 65,750 521
Mes 66,174 524
Mes 5 66,602 528
Mes ! 67,033 531
Mes " 67,467 535
Mes # 67,905 538
Mes $ 68,347 541
Mes 10 68,792 545Mes 11 69,240 549
Mes 12 !$,!$2 552
%aldo de la deuda &uota Intereses
Mes 1 69,639 869 815
Mes 2 69,585 869 815
Mes 3 69,531 869 814
Mes 69,475 869 814
estudios
'eriodo degracia
7/24/2019 Caso 1 vf
40/210
Ao "
Mes 5 69,420 869 813
Mes ! 69,363 869 812
Mes " 69,306 869 812
Mes # 69,248 869 811
Mes $ 69,190 869 810
Mes 10 69,131 869 810
Mes 11 69,071 869 809
Mes 12 !$,010 869 808
Ao #
Mes 1 68,949 869 807
Mes 2 68,887 869 807
Mes 3 68,824 869 806
Mes 68,761 869 805
Mes 5 68,697 869 805
Mes ! 68,632 869 804
Mes " 68,566 869 803
Mes # 68,500 869 802
Mes $ 68,433 869 801
Mes 10 68,365 869 801
Mes 11 68,296 869 800
Mes 12 !#,22! 869 799
Ao $
Mes 1 68,156 869 798
Mes 2 68,085 869 797
Mes 3 68,013 869 797
Mes 67,940 869 796
Mes 5 67,866 869 795
Mes ! 67,791 869 794
Mes " 67,716 869 793
Mes # 67,639 869 792
Mes $ 67,562 869 791
7/24/2019 Caso 1 vf
41/210
Mes 10 67,484 869 790
Mes 11 67,405 869 790
Mes 12 !",325 869 789
Ao 10
Mes 1 67,244 869 788
Mes 2 67,162 869 787
Mes 3 67,079 869 786
Mes 66,995 869 785
Mes 5 66,910 869 784
Mes ! 66,824 869 783
Mes " 66,738 869 782
Mes # 66,650 869 781
Mes $ 66,561 869 780
Mes 10 66,471 869 779
Mes 11 66,380 869 778
Mes 12 !!,2## 869 777
Ao 11
Mes 1 66,195 869 776
Mes 2 66,101 869 774
Mes 3 66,006 869 773
Mes 65,909 869 772
Mes 5 65,812 869 771
Mes ! 65,713 869 770
Mes " 65,613 869 769
Mes # 65,512 869 768
Mes $ 65,410 869 766
Mes 10 65,307 869 765
Mes 11 65,202 869 764
Mes 12 !5,0$! 869 763
Mes 1 64,989 869 762
Mes 2 64,881 869 760
7/24/2019 Caso 1 vf
42/210
Ao 12
Mes 3 64,771 869 759
Mes 64,661 869 758
Mes 5 64,548 869 757
Mes ! 64,435 869 755
Mes " 64,320 869 754
Mes # 64,204 869 753
Mes $ 64,087 869 751
Mes 10 63,968 869 750
Mes 11 63,847 869 748
Mes 12 !3,"2! 869 747
Ao 13
Mes 1 63,603 869 746
Mes 2 63,478 869 744
Mes 3 63,352 869 743
Mes 63,225 869 741
Mes 5 63,096 869 740
Mes ! 62,965 869 738
Mes " 62,833 869 737
Mes # 62,700 869 735
Mes $ 62,565 869 734
Mes 10 62,428 869 732
Mes 11 62,290 869 730
Mes 12 !2,150 869 729
Ao 1
Mes 1 62,009 869 727
Mes 2 61,865 869 726
Mes 3 61,721 869 724
Mes 61,574 869 722
Mes 5 61,426 869 720
Mes ! 61,276 869 719
Mes " 61,124 869 717
7/24/2019 Caso 1 vf
43/210
Mes # 60,971 869 715
Mes $ 60,815 869 713
Mes 10 60,658 869 712
Mes 11 60,499 869 710
Mes 12 !0,33# 869 708
Ao 15
Mes 1 60,176 869 706
Mes 2 60,011 869 704
Mes 3 59,845 869 702
Mes 59,676 869 700
Mes 5 59,506 869 698
Mes ! 59,333 869 696
Mes " 59,159 869 694
Mes # 58,982 869 692
Mes $ 58,804 869 690
Mes 10 58,623 869 688
Mes 11 58,440 869 686
Mes 12 5#,255 869 684
Ao 1!
Mes 1 58,068 869 682
Mes 2 57,879 869 679
Mes 3 57,687 869 677
Mes 57,494 869 675
Mes 5 57,298 869 673
Mes ! 57,099 869 670
Mes " 56,899 869 668
Mes # 56,696 869 666
Mes $ 56,491 869 663
Mes 10 56,283 869 661
Mes 11 56,073 869 659
Mes 12 55,#!0 869 656
'eriodo de
7/24/2019 Caso 1 vf
44/210
Ao 1"
Mes 1 55,645 869 654
Mes 2 55,427 869 651
Mes 3 55,207 869 649
Mes 54,984 869 646
Mes 5 54,759 869 643
Mes ! 54,531 869 641
Mes " 54,300 869 638
Mes # 54,067 869 635
Mes $ 53,831 869 633
Mes 10 53,592 869 630
Mes 11 53,351 869 627
Mes 12 53,10! 869 624
Ao 1#
Mes 1 52,859 869 621
Mes 2 52,609 869 618
Mes 3 52,355 869 616
Mes 52,099 869 613
Mes 5 51,840 869 610
Mes ! 51,578 869 607
Mes " 51,313 869 603
Mes # 51,045 869 600
Mes $ 50,773 869 597
Mes 10 50,499 869 594
Mes 11 50,221 869 591
Mes 12 $,$0 869 588
Mes 1 49,655 869 584
Mes 2 49,368 869 581
Mes 3 49,077 869 578
Mes 48,782 869 574
Mes 5 48,484 869 571
re(ago
7/24/2019 Caso 1 vf
45/210
Ao 1$Mes ! 48,183 869 567
Mes " 47,878 869 564
Mes # 47,569 869 560
Mes $ 47,257 869 557
Mes 10 46,941 869 553
Mes 11 46,622 869 549
Mes 12 !,2$$ 869 545
Ao 20
Mes 1 45,972 869 542
Mes 2 45,641 869 538
Mes 3 45,306 869 534
Mes 44,968 869 530
Mes 5 44,625 869 526
Mes ! 44,279 869 522
Mes " 43,928 869 518
Mes # 43,573 869 514
Mes $ 43,215 869 510
Mes 10 42,852 869 506
Mes 11 42,484 869 501
Mes 12 2,113 869 497
Ao 21
Mes 1 41,737 869 493
Mes 2 41,356 869 488
Mes 3 40,972 869 484
Mes 40,582 869 479
Mes 5 40,188 869 475
Mes ! 39,790 869 470
Mes " 39,387 869 466
Mes # 38,979 869 461
Mes $ 38,566 869 456
Mes 10 38,149 869 451
7/24/2019 Caso 1 vf
46/210
Mes 11 37,727 869 446
Mes 12 3",2$$ 869 441
Ao 22
Mes 1 36,867 869 436
Mes 2 36,430 869 431
Mes 3 35,987 869 426
Mes 35,540 869 421
Mes 5 35,087 869 416
Mes ! 34,629 869 411
Mes " 34,165 869 405
Mes # 33,696 869 400
Mes $ 33,222 869 394
Mes 10 32,742 869 389
Mes 11 32,256 869 383
Mes 12 31,"!5 869 377
Ao 23
Mes 1 31,268 869 372
Mes 2 30,765 869 366
Mes 3 30,256 869 360
Mes 29,742 869 354
Mes 5 29,221 869 348
Mes ! 28,694 869 342
Mes " 28,161 869 336
Mes # 27,622 869 329
Mes $ 27,077 869 323
Mes 10 26,525 869 317
Mes 11 25,967 869 310
Mes 12 25,02 869 304
Mes 1 24,830 869 297
Mes 2 24,252 869 291
Mes 3 23,667 869 284
7/24/2019 Caso 1 vf
47/210
Ao 2
Mes 23,075 869 277
Mes 5 22,477 869 270
Mes ! 21,871 869 263
Mes " 21,258 869 256
Mes # 20,638 869 249
Mes $ 20,011 869 241
Mes 10 19,377 869 234
Mes 11 18,735 869 227
Mes 12 1#,0#5 869 219
Ao 25
Mes 1 17,428 869 212
Mes 2 16,763 869 204
Mes 3 16,091 869 196
Mes 15,410 869 188
Mes 5 14,722 869 180
Mes ! 14,026 869 172
Mes " 13,321 869 164
Mes # 12,608 869 156
Mes $ 11,887 869 148
Mes 10 11,158 869 139
Mes 11 10,419 869 131
Mes 12 $,!"3 869 122
Ao 2!
Mes 1 8,917 869 113
Mes 2 8,153 869 104
Mes 3 7,380 869 95
Mes 6,597 869 86
Mes 5 5,806 869 77
Mes ! 5,005 869 68
Mes " 4,195 869 59
Mes # 3,375 869 49
7/24/2019 Caso 1 vf
48/210
Mes $ 2,546 869 39
Mes 10 1,707 869 30
Mes 11 859 869 20
Mes 12 0 869 10
7/24/2019 Caso 1 vf
49/210
Intereses (agados
100
100
100
100
100
100100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100100
7/24/2019 Caso 1 vf
50/210
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100100
100
Amorti)aci*n
53
54
55
55
7/24/2019 Caso 1 vf
51/210
56
56
57
58
58
59
60
61
61
62
63
63
64
65
66
66
67
68
69
70
70
71
72
73
74
75
76
76
77
7/24/2019 Caso 1 vf
52/210
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
98
99
100
101
102
103
105
106
107
108
7/24/2019 Caso 1 vf
53/210
110
111
112
113
115
116
117
119
120
122
123
125
126
127
129
130
132
134
135
137
138
140
142
143
145
147
148
150
152
7/24/2019 Caso 1 vf
54/210
154
155
157
159
161
163
165
167
168
170
172
174
177
179
181
183
185
187
189
191
194
196
198
201
203
205
208
210
213
7/24/2019 Caso 1 vf
55/210
215
218
220
223
225
228
231
233
236
239
242
244
247
250
253
256
259
262
265
268
271
275
278
281
284
288
291
294
298
7/24/2019 Caso 1 vf
56/210
301
305
308
312
316
319
323
327
331
335
339
343
347
351
355
359
363
367
372
376
380
385
389
394
398
403
408
413
417
7/24/2019 Caso 1 vf
57/210
422
427
432
437
442
448
453
458
464
469
474
480
486
491
497
503
509
515
521
527
533
539
545
552
558
565
571
578
585
7/24/2019 Caso 1 vf
58/210
592
599
606
613
620
627
635
642
649
657
665
673
680
688
696
705
713
721
730
738
747
755
764
773
782
791
801
810
820
7/24/2019 Caso 1 vf
59/210
829
839
849
859
7/24/2019 Caso 1 vf
60/210
Caso - 1/ Un (rogra+a de crdito ed*cativo (ara e& Pe
74- de &as fa+i&ias
4&*+nos Universitarios *inti& 1
Conce(to4EU
0 1 2 !
=ado de a deuda 57500 197:42 2:752: 47+4
Pago de deuda 90 90 90
.ngreso con superior competa 0 0 0 0
>educci-n tri;utaria 0 0 0 0
.ngreso con superior deducido de 0 0 0 0
.ngreso con secundaria competa 0 7410 792 :72
>i&erencia de ingreso 0 37410 3792 3:72
8&*o de Caa 0 :,##0 :9,222 :9,
74- 8a+i&ia 1$9,"
4&*+nos Universitarios *inti& 2
7/24/2019 Caso 1 vf
61/210
Conce(to4EU
0 1 2 !
=ado de a deuda 57500 197599 27+: 42712:
Pago de deuda +20 +20 +20
.ngreso con superior competa 0 0 0 0
>educci-n tri;utaria 0 0 0 0
.ngreso con superior deducido de 0 0 0 0
.ngreso con secundaria competa 0 7410 792 :72
>i&erencia de ingreso 0 37410 3792 3:72
8&*o de Caa 0 :9,1!0 :9,$2 :10,0"
74- 8a+i&ia 10,!2
4&*+nos Universitarios *inti& !
Conce(to4EU
0 1 2 !
=ado de a deuda 57500 197094 2+795 40749
Pago de deuda 17200 17200 17200
.ngreso con superior competa 0 0 0 0
>educci-n tri;utaria 0 0 0 0
.ngreso con superior deducido de 0 0 0 0
.ngreso con secundaria competa 0 7410 792 :72
7/24/2019 Caso 1 vf
62/210
>i&erencia de ingreso 0 37410 3792 3:72
8&*o de Caa 0 :9,10 :10,02 :10,$2
74- 8a+i&ia 11,0#"
7/24/2019 Caso 1 vf
63/210
P;
" $ # 9 10
5790 9:759 +97495 +57+1+ +475+ +79 +27+0
90 90 90 1174+ 1174+ 1174+ 1174+
0 0 417+5 447005 4971+ 479:5 51714
0 0 275: 27:29 72+ 792: 7::5
0 0 :71+0 4170+: 47045 457095 4+71:
:70+ 1072: 10701 11715 11740 127+5 127:1
3:70+ 31072: 279 2:7+94 17205 279:0 47220
:10,1# :10,$ 2,00 1,!2 19,## 21,2$! 22,#!
7/24/2019 Caso 1 vf
64/210
P;
" $ # 9 10
5975+ 9+755: +759 +274 +27015 +17094 9:7:9:
+20 +20 +20 11700 11700 11700 11700
0 0 417+5 447005 4971+ 479:5 51714
0 0 275: 27:29 72+ 792: 7::5
0 0 :71+0 4170+: 47045 457095 4+71:
:70+ 1072: 10701 11715 11740 127+5 127:1
3:70+ 31072: 279 2:7+94 17205 279:0 47220
:10,$2# :11,01 2#," 1,#1 20,202 21, 2!,21#
P;
" $ # 9 10
54752: 9474:+ 9:79:2 9:7010 97229 9+725 9972
17200 17200 17200 107424 107424 107424 107424
0 0 417+5 447005 4971+ 479:5 51714
0 0 275: 27:29 72+ 792: 7::5
0 0 :71+0 4170+: 47045 457095 4+71:
:70+ 1072: 10701 11715 11740 127+5 127:1
7/24/2019 Caso 1 vf
65/210
3:70+ 31072: 279 2:7+94 17205 279:0 47220
:11,00# :11,"9 2#,1 19,!"0 20,#1 22,2 2!,#9
7/24/2019 Caso 1 vf
66/210
11 12 1! 1" 1$ 1 1#
+1742 9:7:1: 971:0 997202 97:1+ 9172: 5729+
1174+ 1174+ 1174+ 1174+ 1174+ 1174+ 1174+
5792 59715 57+:2 917449 947145 997 9:7955
47+0 47+5 57144 57542 57:4+ 975+ 97++
4:7292 5174 5794 557:04 571: 907525 9272
174+0 14702 1475:2 157191 157+4 1970: 1974
57+:2 +7404 :7055 407+4 427494 44721+ 457::
2",!$$ 2$,9# 2#,1 29,!0 !1,02# !2,#0 !",$1
7/24/2019 Caso 1 vf
67/210
11 12 1! 1" 1$ 1 1#
97+11 9+7295 957902 979: 9174:0 57:92 597055
11700 11700 11700 11700 11700 11700 11700
5792 59715 57+:2 917449 947145 997 9:7955
47+0 47+5 57144 57542 57:4+ 975+ 97++
4:7292 5174 5794 557:04 571: 907525 9272
174+0 14702 1475:2 157191 157+4 1970: 1974
57+:2 +7404 :7055 407+4 427494 44721+ 457::
2",#9 2,"02 2,0$! 29,#"0 !1,"1 !!,21" !",99$
11 12 1! 1" 1$ 1 1#
9570:9 97+29 927150 907 57255 55790 57109
107424 107424 107424 107424 107424 107424 107424
5792 59715 57+:2 917449 947145 997 9:7955
47+0 47+5 57144 57542 57:4+ 975+ 97++
4:7292 5174 5794 557:04 571: 907525 9272
174+0 14702 1475:2 157191 157+4 1970: 1974
7/24/2019 Caso 1 vf
68/210
57+:2 +7404 :7055 407+4 427494 44721+ 457::
2$,! 2,90 2,!1 !0,!19 !2,0"0 !!,#9! !$,$#"
7/24/2019 Caso 1 vf
69/210
1 19 20 21 22 2! 2"
547+: 507+: 497205 407:24 4752 2+7+0 1:74
1174+ 1174+ 1174+ 1174+ 1174+ 1174+ 1174+
+2745+ +5722 +7124 07:+ 79 979:2 :75:
+71:4 +791+ 7044 74+2 7:00 :72: :7+59
95729 9+7995 +0701 +27509 +47:9 ++79 +:7+
1+745: 170 1790 1:719 1:7+2+ 2072++ 2071:
4+704 4:792 5174+ 57 55720: 5+709 57:95
!,!# !,19$ "0,0"1 "1,901 "!,##2 "$,"9 "#,$2#
7/24/2019 Caso 1 vf
70/210
1 19 20 21 22 2! 2"
527+1 47+0 447451 :7+1 752: 29712 1:70:0
11700 11700 11700 11700 11700 11700 11700
+2745+ +5722 +7124 07:+ 79 979:2 :75:
+71:4 +791+ 7044 74+2 7:00 :72: :7+59
95729 9+7995 +0701 +27509 +47:9 ++79 +:7+
1+745: 170 1790 1:719 1:7+2+ 2072++ 2071:
4+704 4:792 5174+ 57 55720: 5+709 57:95
!,01 !,29 "0,"#$ "2,!! "",20 ",0! "#,92
1 19 20 21 22 2! 2"
4:7:40 4972:: 42711 +72:: 17+95 257402 1705
107424 107424 107424 107424 107424 107424 107424
+2745+ +5722 +7124 07:+ 79 979:2 :75:
+71:4 +791+ 7044 74+2 7:00 :72: :7+59
95729 9+7995 +0701 +27509 +47:9 ++79 +:7+
1+745: 170 1790 1:719 1:7+2+ 2072++ 2071:
7/24/2019 Caso 1 vf
71/210
4+704 4:792 5174+ 57 55720: 5+709 57:95
!#,!0 !9,20 "1,0$" "2,91$ "",#$ ",2 ",$"1
7/24/2019 Caso 1 vf
72/210
PR
2$ 2 2# 2 29 !0 !1
10791 0
1174+ 1174+ 0 0 0 0 0
:279: :571+5 :+7:4: 100794 107+2 1097004 1075+4
10710 7+ 72:9 27+21 2715+ 17904 17095
271: 9172:+ 947954 9+7:9 +17215 +47400 ++750:
2174: 21799 2279: 2275+ 272+ 27++ 24720
90740 :741 42724 457109 4+7 50792 5701
"9,"0! 2#,99" "2,2" "$,10 "#, $0,2! $!,!01
7/24/2019 Caso 1 vf
73/210
PR
2$ 2 2# 2 29 !0 !1
107210 0
11700 11700 0 0 0 0 0
:279: :571+5 :+7:4: 100794 107+2 1097004 1075+4
10710 7+ 72:9 27+21 2715+ 17904 17095
271: 9172:+ 947954 9+7:9 +17215 +47400 ++750:
2174: 21799 2279: 2275+ 272+ 27++ 24720
90740 :741 42724 457109 4+7 50792 5701
"9,!# 2,"2 "2,2" "$,10 "#, $0,2! $!,!01
PR
2$ 2 2# 2 29 !0 !1
:79+ 0
107424 107424 0 0 0 0 0
:279: :571+5 :+7:4: 100794 107+2 1097004 1075+4
10710 7+ 72:9 27+21 2715+ 17904 17095
271: 9172:+ 947954 9+7:9 +17215 +47400 ++750:
2174: 21799 2279: 2275+ 272+ 27++ 24720
7/24/2019 Caso 1 vf
74/210
90740 :741 42724 457109 4+7 50792 5701
$0,"1 29,00# "2,2" "$,10 "#, $0,2! $!,!01
7/24/2019 Caso 1 vf
75/210
!2 !! !" !$ ! !# !
0 0 0 0 0 0 0
11170+2 1174:2 115725 117095 120720 122722 1247149
07540 0702 2:7542 2:70+1 27922 271:9 2+7+:4
0752 7490 9724 7:: :1750 :4709 :9752
24791+ 257002 2579 2579: 297009 29729 2975+
557:15 5745 907:20 972:5 9575+4 9+7+4: 9:715
$$,91$ $,"$ 0,920 !,29$ $,$#" #,#"9 9,1$
7/24/2019 Caso 1 vf
76/210
!2 !! !" !$ ! !# !
0 0 0 0 0 0 0
11170+2 1174:2 115725 117095 120720 122722 1247149
07540 0702 2:7542 2:70+1 27922 271:9 2+7+:4
0752 7490 9724 7:: :1750 :4709 :9752
24791+ 257002 2579 2579: 297009 29729 2975+
557:15 5745 907:20 972:5 9575+4 9+7+4: 9:715
$$,91$ $,"$ 0,920 !,29$ $,$#" #,#"9 9,1$
!2 !! !" !$ ! !# !
0 0 0 0 0 0 0
11170+2 1174:2 115725 117095 120720 122722 1247149
07540 0702 2:7542 2:70+1 27922 271:9 2+7+:4
0752 7490 9724 7:: :1750 :4709 :9752
24791+ 257002 2579 2579: 297009 29729 2975+
7/24/2019 Caso 1 vf
77/210
557:15 5745 907:20 972:5 9575+4 9+7+4: 9:715
$$,91$ $,"$ 0,920 !,29$ $,$#" #,#"9 9,1$
7/24/2019 Caso 1 vf
78/210
!9 "0 "1 "2 "! "" "$
0 0 0 0 0 0 0
1257: 12+7902 12:712 107522 117+9+ 1279 1709
2+741 2+709: 297+4+ 297455 2971:4 257:94 257+99
:7520 10075 10274 1047099 10575+ 1097:: 107040
297+5 297:4 2+7109 2+722 2+729 2+79 2+7414
+17+92 +755 +572+ +974 +724+ +:751 0792+
#1,#2 #!,$$ #$,2# #,!" #,2"# #9,$1! 0,2#
7/24/2019 Caso 1 vf
79/210
!9 "0 "1 "2 "! "" "$
0 0 0 0 0 0 0
1257: 12+7902 12:712 107522 117+9+ 1279 1709
2+741 2+709: 297+4+ 297455 2971:4 257:94 257+99
:7520 10075 10274 1047099 10575+ 1097:: 107040
297+5 297:4 2+7109 2+722 2+729 2+79 2+7414
+17+92 +755 +572+ +974 +724+ +:751 0792+
#1,#2 #!,$$ #$,2# #,!" #,2"# #9,$1! 0,2#
!9 "0 "1 "2 "! "" "$
0 0 0 0 0 0 0
1257: 12+7902 12:712 107522 117+9+ 1279 1709
2+741 2+709: 297+4+ 297455 2971:4 257:94 257+99
:7520 10075 10274 1047099 10575+ 1097:: 107040
297+5 297:4 2+7109 2+722 2+729 2+79 2+7414
7/24/2019 Caso 1 vf
80/210
+17+92 +755 +572+ +974 +724+ +:751 0792+
#1,#2 #!,$$ #$,2# #,!" #,2"# #9,$1! 0,2#
7/24/2019 Caso 1 vf
81/210
" "# "
0 0 0
1475:2 15721: 1579
257901 25749: 257+2
107::2 10:7+50 110712
2+740+ 2+79 2+72:5
1754 272 701+
1,$" 2,!2 !,01#
7/24/2019 Caso 1 vf
82/210
" "# "
0 0 0
1475:2 15721: 1579
257901 25749: 257+2
107::2 10:7+50 110712
2+740+ 2+79 2+72:5
1754 272 701+
1,$" 2,!2 !,01#
" "# "
0 0 0
1475:2 15721: 1579
257901 25749: 257+2
107::2 10:7+50 110712
2+740+ 2+79 2+72:5
7/24/2019 Caso 1 vf
83/210
1754 272 701+
1,$" 2,!2 !,01#
7/24/2019 Caso 1 vf
84/210
Caso - 1/ Un (rogra+a de crdito ed*cativo (ara e& P
74- de &a Instit*ci'n de Ed*caci'n S*(erior
7/24/2019 Caso 1 vf
85/210
Est*dios Universitarios *inti& 2
Conce(to4EU
0 1 2 !
=ado de a deuda 57500 197599 27+: 42712:
Porcenta?e de garanta 000* +0* 919+* 5250*
Pr (cumpimiento) 10000* :900* :219* 4+*
Pr (incumpimiento) 000* 400* 4* 9:*
E(=ado) 57500 107590 2079 072:2
E(ondo de garanta) 47400 +740 127541 157:0
am;io en a garanta 47400 700 57091 79
E(E?ecuci-n) 0 1+9 451 95
E(/ueva garanta) 47400 7259 57511 47019
.nter%s de?ados de ganar 0 2 :4 95
Ganancia en pensiones 17100 27200 27200 27200
8&*o de Caa :!,!00 :1 :2,91# :1,1!
74- IES S>. !.!9
Est*dios Universitarios *inti& !
4EU
7/24/2019 Caso 1 vf
86/210
0 1 2 !
=ado de a deuda 57500 197094 2+795 40749
Porcenta?e de garanta 000* +0* 919+* 5250*
Pr (cumpimiento) 10000* :900* :219* 4+*
Pr (incumpimiento) 000* 400* 4* 9:*
E(=ado) 57500 107590 1:7+4 2:790
E(ondo de garanta) 47400 +740 127255 157414
am;io en a garanta 47400 700 47++5 715:
E(E?ecuci-n) 0 1+9 4+ 92:
E(/ueva garanta) 47400 7259 57212 7+
.nter%s de?ados de ganar 0 2 :4 9
Ganancia en pensiones 17100 27200 27200 27200
8&*o de Caa :!,!00 :1 :2,1 :9$0
74- IES S>. #22.2
7/24/2019 Caso 1 vf
87/210
r
P;
" $ # 9 10
5790 9:759 +97495 +57+1+ +475+ +79 +27+0
4* 41+* 2500* 2500* 2500* 2500* 2500*
4:* 154* 154* +94* +219* 9+* 999*
54* 40* 000* 520* 41+* 2:* 251*
417511 4+7+4 597:5: 5+7+:: 54701+ 507+4 47295
1+7: 19729 147240 147450 17504 127+1: 127099
17+1 317992 32709 210 3:45 3+9 3952
09 9 0 ::4 +:0 915 494
27524 3+:: 32709 17204 3155 31+0 31:
42 :2 5 +9: +2+ 9+ 954
27200 17100 0 0 0 0 0
$19 2,2# 2,921 :"! 2 $# "2
7/24/2019 Caso 1 vf
88/210
P;
" $ # 9 10
5975+ 9+755: +759 +274 +27015 +17094 9:7:9:
4* 41+* 2500* 2500* 2500* 2500* 2500*
4:* 154* 154* +94* +219* 9+* 999*
54* 40* 000* 520* 41+* 2:* 251*
40745 49790 55709 557905 517:9+ 47:4 4974
1+750 15740 17++1 17:01 127::2 12729 11790
17929 3179:0 32709 10 3:10 3+59 392
+ + 0 :5+ +90 5:2 449
2740: 35 32709 1709 314: 3194 312
24 :04 10 +44 9:: 990 92:
27200 17100 0 0 0 0 0
1" 2,$# 2,# :!"! " 2" 10
P;
7/24/2019 Caso 1 vf
89/210
" $ # 9 10
54752: 9474:+ 9:79:2 9:7010 97229 9+725 9972
4* 41+* 2500* 2500* 2500* 2500* 2500*
4:* 154* 154* +94* +219* 9+* 999*
54* 40* 000* 520* 41+* 2:* 251*
:704 447492 5275: 5279+: 4:72 4979 47::0
197:1: 1571:1 1714+ 171+0 1270 1175:2 107::+
17504 317+2+ 327044 2 392 3+19 35:5
+52 0 0 :09 +20 591 42
27259 3:25 327044 :2: 3141 3155 31+2
+: + +++ +10 992 929 5:9
27200 17100 0 0 0 0 0
#"2 2,9 2,21 :219 0" #1 #
7/24/2019 Caso 1 vf
90/210
PR
11 12 1! 1" 1$ 1 1#
+1742 9:7:1: 971:0 997202 97:1+ 9172: 5729+
2500* 2500* 2500* 2500* 2500* 2500* 2500*
9455* 9+* 92+:* 92+:* 92+:* 92+:* 92+:*
11* 11* 05* 000* 000* 000* 000*
497101 4470 4271 4175+0 40715 745 975
117525 1170++ 107+05 107: 10704 :7921 :714+
3541 344 3+2 312 35: 341 34+4
0 210 101 0 0 0 0
3211 32 32+1 312 35: 341 34+4
92+ 905 5+ 5+ 591 542 520
0 0 0 0 0 0 0
! "! $ $ 920 9$" 99"
7/24/2019 Caso 1 vf
91/210
PR
11 12 1! 1" 1$ 1 1#
97+11 9+7295 957902 979: 9174:0 57:92 597055
2500* 2500* 2500* 2500* 2500* 2500* 2500*
9455* 9+* 92+:* 92+:* 92+:* 92+:* 92+:*
11* 11* 05* 000* 000* 000* 000*
44751 427929 4171: :7::2 7912 +7024 571::
1170 107959 1072: :7:: :795 :7259 700
3520 341 35 300 345 3:+ 3459
1+ 202 :+ 0 0 0 0
320 322: 3291 300 345 3:+ 3459
90 52 595 551 540 521 500
0 0 0 0 0 0 0
0 11 2 $1 $ 91 9$
PR
7/24/2019 Caso 1 vf
92/210
11 12 1! 1" 1$ 1 1#
9570:9 97+29 927150 907 57255 55790 57109
2500* 2500* 2500* 2500* 2500* 2500* 2500*
9455* 9+* 92+:* 92+:* 92+:* 92+:* 92+:*
11* 11* 05* 000* 000* 000* 000*
42701 407 :7029 +7 9750 570+9 74+
107504 1070:9 :7+59 :74+2 :7145 7+9: 7+
34: 340: 3: 324 32+ 3+9 342
01 1:1 :2 0 0 0 0
31:2 321+ 324+ 324 32+ 3+9 342
5+1 551 55 522 511 4:4 4+4
0 0 0 0 0 0 0
#! # #2 0 !9 #0 90
7/24/2019 Caso 1 vf
93/210
1 19 20 21 22 2! 2"
547+: 507+: 497205 407:24 4752 2+7+0 1:74
2500* 2500* 2500* 2500* 2500* 2500* 2500*
92+:* 92+:* 92+:* 92+:* 92+:* 92+:* 92+:*
000* 000* 000* 000* 000* 000* 000*
47409 17: 2:7014 2579:+ 2175 1+7501 127490
7902 +7:+4 +725 97424 574+1 47+5 7115
3545 392+ 3+21 32: 3:5 3170:9 317290
0 0 0 0 0 0 0
3545 392+ 3+21 32: 3:5 3170:9 317290
4:4 494 41 :2 4+ 2:5 29
0 0 0 0 0 0 0
1,0!9 1,092 1,1$2 1,221 1,!00 1,!91 1,"9
7/24/2019 Caso 1 vf
94/210
1 19 20 21 22 2! 2"
527+1 47+0 447451 :7+1 752: 29712 1:70:0
2500* 2500* 2500* 2500* 2500* 2500* 2500*
92+:* 92+:* 92+:* 92+:* 92+:* 92+:* 92+:*
000* 000* 000* 000* 000* 000* 000*
7100 079+ 2+7:12 247+22 217054 1979 117:+
72+5 +79+2 97:+ 9710 5729 4720: 27::+
3525 390 39:4 3+: 3:1+ 317054 317212
0 0 0 0 0 0 0
3525 390 39:4 3+: 3:1+ 317054 317212
4+5 44+ 414 ++ 4 24 22+
0 0 0 0 0 0 0
1,000 1,0$0 1,10 1,1#" 1,2$1 1,!!9 1,""0
7/24/2019 Caso 1 vf
95/210
7/24/2019 Caso 1 vf
96/210
2$ 2
10791 0
2500* 2500*
92+:* 92+:*
000* 000*
97994 0
17999 0
31744: 317999
0 0
31744: 317999
19 :0
0 0
1,1# 1,#$
7/24/2019 Caso 1 vf
97/210
2$ 2
107210 0
2500* 2500*
92+:* 92+:*
000* 000*
97411 0
1790 0
317:4 31790
0 0
317:4 31790
192 +
0 0
1,$$ 1,9
7/24/2019 Caso 1 vf
98/210
2$ 2
:79+ 0
2500* 2500*
92+:* 92+:*
000* 000*
970+4 0
1751 0
31721 31751
0 0
31721 31751
15 2
0 0
1,"#" 1,00
7/24/2019 Caso 1 vf
99/210
Caso - 1/ Un (rogra+a de crdito ed*cativo (ara e& Pe
74- de& Estado
Est*dios Universitarios *inti& 1
Conce(to4EU
0 1 2 !
=ado de a deuda 57500 197:42 2:752: 47+4
Porcenta?e de garanta 2000* 2:1+* * 4+50*
Pr (cumpimiento) 10000* :900* :219* 4+*
Pr (incumpimiento) 000* 400* 4* 9:*
E(=ado) 57500 107590 2079 07::1
E(ondo de garanta) 17100 700 +7:2 147+21
E(am;io en a garanta) 17100 17:0 474 97+:2
E(E?ecuci-n) 0 44 1:0 41+
E
7/24/2019 Caso 1 vf
100/210
74- Estado S>. 2,$#!.!"
Est*dios Universitarios *inti& 2
Conce(to4EU
0 1 2 !
=ado de a deuda 57500 197599 27+: 42712:
Porcenta?e de garanta 2000* 2:1+* * 4+50*
Pr (cumpimiento) 10000* :900* :219* 4+*
Pr (incumpimiento) 000* 400* 4* 9:*
E(=ado) 57500 107590 2079 072:2
E(ondo de garanta) 17100 700 +7+:5 147:
E(am;io en a garanta) 17100 17:0 47+15 975:
E(E?ecuci-n) 0 44 19 409
E
7/24/2019 Caso 1 vf
101/210
74- Estado S>. !,09.2"
Est*dios Universitarios *inti& !
Conce(to4EU
0 1 2 !
=ado de a deuda 57500 197094 2+795 40749
Porcenta?e de garanta 2000* 2:1+* * 4+50*
Pr (cumpimiento) 10000* :900* :219* 4+*
Pr (incumpimiento) 000* 400* 4* 9:*
E(=ado) 57500 107590 1:7+4 2:790
E(ondo de garanta) 17100 700 +791 17:49
E(am;io en a garanta) 17100 17:0 475 972
E(E?ecuci-n) 0 44 10 :1
E
7/24/2019 Caso 1 vf
102/210
74- Estado S>. !,0."1
7/24/2019 Caso 1 vf
103/210
P;
" $ # 9 10
5790 9:759 +97495 +57+1+ +475+ +79 +27+0
599+* 95* +500* +500* +500* +500* +500*
4:* 154* 154* +94* +219* 9+* 999*
54* 40* 000* 520* 41+* 2:* 251*
417511 4+7+4 597:5: 5+7+:: 54701+ 507+4 47295
2752 1745 427+1: 474: 40751 7159 971::
702 +7:5 117291 90 3279 3275+ 317:5+
+2: 1712 0 27: 27+1 1749 17:1
9,$!1 9,0! 11,21 !,1! :" :$11 :$
!2." 1!2.$9 1#$.1# 2".2$ 2!"9.29 2219.9 211!.21
0 0 41,758 44,005 46,317 48,695 51,134
9,807 10,298 10,801 11,315 11,840 12,375 12,918
1,477 1,901 36,043 36,269 36,719 37,389 38,279
0 0 17+1 17+95 17 17: 2709+
0 0 0 0 0 0 0
0 0 1,#!1 1,#$ 1,!! 1,9!! 2,0#
:,99 :#,#! :#,#$ ! "," "," ",#"
7/24/2019 Caso 1 vf
104/210
P;
" $ # 9 10
5975+ 9+755: +759 +274 +27015 +17094 9:7:9:
599+* 95* +500* +500* +500* +500* +500*
4:* 154* 154* +94* +219* 9+* 999*
54* 40* 000* 520* 41+* 2:* 251*
40745 49790 55709 557905 517:9+ 47:+ 4974+1
227:2 07520 41714 417+04 7:+5 97+ 475
755 +75:+ 107+:4 : 327+2: 327242 3170
+0 170:5 0 27+0 2721 17++9 17
9,2"! ,91 10,#9" !,2$9 :"" :" :$"2
1!.#9 1292.9! 1#12.$ 2"0".$0 220.11 21!$.2 20!".$0
0 0 41,758 44,005 46,317 48,695 51,134
9,807 10,298 10,801 11,315 11,840 12,375 12,918
1,477 1,901 36,043 36,269 36,719 37,389 38,279
0 0 17+1 17+95 17 17: 2709+
0 0 0 0 0 0 0
0 0 1,#!1 1,#$ 1,!! 1,9!! 2,0#
:,"29 :#,!99 :#,!$0 911 ",$"1 ",$!$ ","!
7/24/2019 Caso 1 vf
105/210
P;
" $ # 9 10
54752: 9474:+ 9:79:2 9:7010 97229 9+725 9972
599+* 95* +500* +500* +500* +500* +500*
4:* 154* 154* +94* +219* 9+* 999*
54* 40* 000* 520* 41+* 2:* 251*
:704 447492 5275: 5279+: 4:72 4979 47::0
227124 2:72+1 :7442 :750: 97:24 47++9 27::2
71+ +7149 1071+1 9 32755 32714 317+4
90 17050 0 27+1: 27191 179 1729
,$ ,19 10,1#1 2,## :"2" :" :$1
#.9 12".0" 1"2."$ 229$.$0 21"1.20 202!.2 192.0!
0 0 41,758 44,005 46,317 48,695 51,134
9,807 10,298 10,801 11,315 11,840 12,375 12,918
1,477 1,901 36,043 36,269 36,719 37,389 38,279
0 0 17+1 17+95 17 17: 2709+
0 0 0 0 0 0 0
0 0 1,#!1 1,#$ 1,!! 1,9!! 2,0#
:,0#0 :,9" :,#9# 1,2#" ",!9 ","22 ",$09
7/24/2019 Caso 1 vf
106/210
7/24/2019 Caso 1 vf
107/210
11 12 1! 1" 1$ 1 1#
+1742 9:7:1: 971:0 997202 97:1+ 9172: 5729+
+500* +500* +500* +500* +500* +500* +500*
9455* 9+* 92+:* 92+:* 92+:* 92+:* 92+:*
11* 11* 05* 000* 000* 000* 000*
497101 4470 4271 4175+0 40715 745 975
475+9 721 27114 171+ 07101 2794 2+7441
31792 31745 31711+ 3:9 3170+9 3172 31742
::0 90 0 0 0 0 0
:!! :#1$ :1" :9! :1,0# :1,2! :1,"2!
202$.0 19$".#1 19#.! 1$1."0 11".$" 1#$1.90 1#9.#
53,632 56,185 58,792 61,446 64,145 66,883 69,655
13,470 14,028 14,592 15,161 15,734 16,309 16,884
39,393 40,743 42,346 44,225 46,132 48,065 50,021
2724 274+ 279++ 27:5: 7245 755 72
0 0 0 0 0 0 0
2,2!" 2,"!# 2,## 2,9$9 !,2"$ !,$!$ !,2
",9! $,10 $,! $,#" ,1! ,$2" ,9!1
7/24/2019 Caso 1 vf
108/210
11 12 1! 1" 1$ 1 1#
97+11 9+7295 957902 979: 9174:0 57:92 597055
+500* +500* +500* +500* +500* +500* +500*
9455* 9+* 92+:* 92+:* 92+:* 92+:* 92+:*
11* 11* 05* 000* 000* 000* 000*
447:4 4279+4 41724 407055 794 +710 572:5
72:5 27009 07:9 07042 2:701 2+71 2974+1
31755 3172:0 3170+0 3:4 31702 31712 31790
:52 909 2:1 0 0 0 0
:0 :! :## :9" :1,02 :1,12 :1,!0
19$0.$# 12.!# 12#."" 1#!.$2 1#"."2 1.$ 119.#"
53,632 56,185 58,792 61,446 64,145 66,883 69,655
13,470 14,028 14,592 15,161 15,734 16,309 16,884
39,393 40,743 42,346 44,225 46,132 48,065 50,021
2724 274+ 279++ 27:5: 7245 755 72
0 0 0 0 0 0 0
2,2!" 2,"!# 2,## 2,9$9 !,2"$ !,$!$ !,2
",#90 $,002 $,2! $,!# ,022 ,"0 ,0#
7/24/2019 Caso 1 vf
109/210
11 12 1! 1" 1$ 1 1#
9570:9 97+29 927150 907 57255 55790 57109
+500* +500* +500* +500* +500* +500* +500*
9455* 9+* 92+:* 92+:* 92+:* 92+:* 92+:*
11* 11* 05* 000* 000* 000* 000*
42701 407 :7029 +7 9750 570+9 74+
1751 072+ 2:729: 27419 2+745 2970+ 257010
3174+: 317229 31701 35 3:1 31712 3172:+
:02 5+4 2+9 0 0 0 0
:$## :$1 :#"2 :$! :91 :1,12 :1,29#
1".! 1#1.$# 1#29.!0 1#."1 1$!.2 1$9.#2 1$!1.0#
53,632 56,185 58,792 61,446 64,145 66,883 69,655
13,470 14,028 14,592 15,161 15,734 16,309 16,884
39,393 40,743 42,346 44,225 46,132 48,065 50,021
2724 274+ 279++ 27:5: 7245 755 72
0 0 0 0 0 0 0
2,2!" 2,"!# 2,## 2,9$9 !,2"$ !,$!$ !,2
",$# ",9 $,1" $,"99 $,0 ,20 ,$
7/24/2019 Caso 1 vf
110/210
7/24/2019 Caso 1 vf
111/210
1 19 20 21 22 2! 2"
547+: 507+: 497205 407:24 4752 2+7+0 1:74
+500* +500* +500* +500* +500* +500* +500*
92+:* 92+:* 92+:* 92+:* 92+:* 92+:* 92+:*
000* 000* 000* 000* 000* 000* 000*
47409 17: 2:7014 2579:+ 2175 1+7501 127490
25705 27:2 217+90 1:72+ 19741 17125 :745
31799 3171 32719 3274+ 32790 372 37+1
0 0 0 0 0 0 0
:1,! :1,1 :2,1! :2,"# :2,0 :!,2 :!,#1
1$9#.0$ 1$01.2 1!92.!! 12."" 1121.9 9$$.2 #!.90
72,457 75,282 78,124 80,978 83,836 86,692 89,539
17,459 18,033 18,603 19,168 19,727 20,277 20,819
51,994 53,981 55,978 57,980 59,983 61,981 63,970
47124 47422 47+22 57022 5722 57922 57:21
0 0 0 0 0 0 0
",12" ","22 ",#22 $,022 $,!22 $,22 $,921
#,!$# #,0$ ,2## ,## 9,!0" 9,$ 10,"$
7/24/2019 Caso 1 vf
112/210
1 19 20 21 22 2! 2"
527+1 47+0 447451 :7+1 752: 29712 1:70:0
+500* +500* +500* +500* +500* +500* +500*
92+:* 92+:* 92+:* 92+:* 92+:* 92+:* 92+:*
000* 000* 000* 000* 000* 000* 000*
7210 0714 2705 247:0 21724+ 1+705 127242
247:0 27110 217044 1799+ 157:5 127+:4 :711
31759 317+:+ 32709+ 327+9 327+2 37142 37912
0 0 0 0 0 0 0
:1,$! :1,#9# :2,0# :2,!# :2,#!2 :!,1"2 :!,12
1$"0.1 1""9.! 1!"$.02 122".#" 10."" 92#."2 #"".$9
72,457 75,282 78,124 80,978 83,836 86,692 89,539
17,459 18,033 18,603 19,168 19,727 20,277 20,819
51,994 53,981 55,978 57,980 59,983 61,981 63,970
47124 47422 47+22 57022 5722 57922 57:21
0 0 0 0 0 0 0
",12" ","22 ",#22 $,022 $,!22 $,22 $,921
#,22 #,9 ,1!! ,2! 9,1"1 9,91 10,2##
7/24/2019 Caso 1 vf
113/210
1 19 20 21 22 2! 2"
4:7:40 4972:: 42711 +72:: 17+95 257402 1705
+500* +500* +500* +500* +500* +500* +500*
92+:* 92+:* 92+:* 92+:* 92+:* 92+:* 92+:*
000* 000* 000* 000* 000* 000* 000*
175 2:70+2 297444 27421 1:7:49 157:50 11759
2751: 21704 1:7 1+7599 147:90 117:9 751+
3174:1 317+15 317:+1 32729+ 327909 327::+ 37449
0 0 0 0 0 0 0
:1,"91 :1,#1$ :1,9#1 :2,2# :2,0 :2,99# :!,""
1"$$.$9 1!.0 129.01 11$".2# 1022.!" #0.$ 9.2"
72,457 75,282 78,124 80,978 83,836 86,692 89,539
17,459 18,033 18,603 19,168 19,727 20,277 20,819
51,994 53,981 55,978 57,980 59,983 61,981 63,970
47124 47422 47+22 57022 5722 57922 57:21
0 0 0 0 0 0 0
",12" ","22 ",#22 $,022 $,!22 $,22 $,921
#,0#1 #,$0 #,92 ,""! ,9$1 9,"90 10,02
7/24/2019 Caso 1 vf
114/210
7/24/2019 Caso 1 vf
115/210
PR
2$ 2 2# 2 29 !0 !1
10791 0 0 0 0 0 0
+500* +500*
92+:* 92+:*
000* 000*
97994 0 0 0 0 0 0
47:: 0 0 0 0 0 0
3474+ 347:: 0 0 0 0 0
0 0 0 0 0 0 0
:",!"# :",99 0 0 0 0 0
$"!.# 290. 0.00 0.00 0.00 0.00 0.00
92,369 95,175 97,949 100,684 103,372 106,004 108,574
21,349 21,866 22,369 22,857 23,327 23,778 24,208
65,944 67,899 69,828 71,727 73,589 75,410 77,184
9721+ 97510 97+:: +704 +79 +79+ +7:0
0 0 0 0 0 0 0
,21# ,$10 ,#99 #,0" #,!! #,!# #,90!
11,10# 11,#99 ,#99 #,0" #,!! #,!# #,90!
7/24/2019 Caso 1 vf
116/210
PR
2$ 2 2# 2 29 !0 !1
107210 0 0 0 0 0 0
+500* +500*
92+:* 92+:*
000* 000*
97+04 + 0 0 0 0 0
5702 25 0 0 0 0 0
34715 347++5 0 0 0 0 0
0 0 0 0 0 0 0
:",1$! :",##$ 0 0 0 0 0
$!".! 292.$ 0.00 0.00 0.00 0.00 0.00
92,369 95,175 97,949 100,684 103,372 106,004 108,574
21,349 21,866 22,369 22,857 23,327 23,778 24,208
65,944 67,899 69,828 71,727 73,589 75,410 77,184
9721+ 97510 97+:: +704 +79 +79+ +7:0
0 0 0 0 0 0 0
,21# ,$10 ,#99 #,0" #,!! #,!# #,90!
10,90" 11,$# ,#99 #,0" #,!! #,!# #,90!
7/24/2019 Caso 1 vf
117/210
PR
2$ 2 2# 2 29 !0 !1
:79+ 0 0 0 0 0 0
+500* +500*
92+:* 92+:*
000* 000*
970+4 0 0 0 0 0 0
47555 0 0 0 0 0 0
37:92 347555 0 0 0 0 0
0 0 0 0 0 0 0
:!,92 :",$$$ 0 0 0 0 0
"9$.#0 2$.12 0.00 0.00 0.00 0.00 0.00
92,369 95,175 97,949 100,684 103,372 106,004 108,574
21,349 21,866 22,369 22,857 23,327 23,778 24,208
65,944 67,899 69,828 71,727 73,589 75,410 77,184
9721+ 97510 97+:: +704 +79 +79+ +7:0
0 0 0 0 0 0 0
,21# ,$10 ,#99 #,0" #,!! #,!# #,90!
10,#" 11,!!0 ,#99 #,0" #,!! #,!# #,90!
7/24/2019 Caso 1 vf
118/210
7/24/2019 Caso 1 vf
119/210
!2 !! !" !$ ! !# !
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00
111,072 113,492 115,825 118,065 120,203 122,232 124,146
24,617 25,002 25,363 25,698 26,006 26,286 26,537
78,905 80,567 82,167 83,698 85,155 86,533 87,829
7191 7410 7950 70 :70: :705 :74::
0 0 0 0 0 0 0
,11 ,"10 ,$0 ,0 9,09 9,!0$ 9,"99
,11 ,"10 ,$0 ,0 9,09 9,!0$ 9,"99
7/24/2019 Caso 1 vf
120/210
!2 !! !" !$ ! !# !
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00
111,072 113,492 115,825 118,065 120,203 122,232 124,146
24,617 25,002 25,363 25,698 26,006 26,286 26,537
78,905 80,567 82,167 83,698 85,155 86,533 87,829
7191 7410 7950 70 :70: :705 :74::
0 0 0 0 0 0 0
,11 ,"10 ,$0 ,0 9,09 9,!0$ 9,"99
,11 ,"10 ,$0 ,0 9,09 9,!0$ 9,"99
7/24/2019 Caso 1 vf
121/210
!2 !! !" !$ ! !# !
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00
111,072 113,492 115,825 118,065 120,203 122,232 124,146
24,617 25,002 25,363 25,698 26,006 26,286 26,537
78,905 80,567 82,167 83,698 85,155 86,533 87,829
7191 7410 7950 70 :70: :705 :74::
0 0 0 0 0 0 0
,11 ,"10 ,$0 ,0 9,09 9,!0$ 9,"99
,11 ,"10 ,$0 ,0 9,09 9,!0$ 9,"99
7/24/2019 Caso 1 vf
122/210
7/24/2019 Caso 1 vf
123/210
!9 "0 "1 "2 "! "" "$
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00
125,938 127,602 129,132 130,522 131,767 132,863 133,806
26,758 26,948 27,106 27,232 27,326 27,386 27,414
89,036 90,151 91,171 92,090 92,907 93,618 94,220
:790 :74 107001 1071: 107291 1079 10745
0 0 0 0 0 0 0
9,0 9," 10,001 10,1!9 10,21 10,! 10,"$
9,0 9," 10,001 10,1!9 10,21 10,! 10,"$
7/24/2019 Caso 1 vf
124/210
!9 "0 "1 "2 "! "" "$
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00
125,938 127,602 129,132 130,522 131,767 132,863 133,806
26,758 26,948 27,106 27,232 27,326 27,386 27,414
89,036 90,151 91,171 92,090 92,907 93,618 94,220
:790 :74 107001 1071: 107291 1079 10745
0 0 0 0 0 0 0
9,0 9," 10,001 10,1!9 10,21 10,! 10,"$
9,0 9," 10,001 10,1!9 10,21 10,! 10,"$
7/24/2019 Caso 1 vf
125/210
!9 "0 "1 "2 "! "" "$
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00
125,938 127,602 129,132 130,522 131,767 132,863 133,806
26,758 26,948 27,106 27,232 27,326 27,386 27,414
89,036 90,151 91,171 92,090 92,907 93,618 94,220
:790 :74 107001 1071: 107291 1079 10745
0 0 0 0 0 0 0
9,0 9," 10,001 10,1!9 10,21 10,! 10,"$
9,0 9," 10,001 10,1!9 10,21 10,! 10,"$
7/24/2019 Caso 1 vf
126/210
7/24/2019 Caso 1 vf
127/210
" "# "
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0.00 0.00 0.00
134,592 135,219 135,683
27,407 27,368 27,295
94,712 95,090 95,355
7:+9 7:9 740
0 0 0
!!,9# !!,9 !!,"0
!!,9# !!,9 !!,"0
7/24/2019 Caso 1 vf
128/210
" "# "
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0.00 0.00 0.00
134,592 135,219 135,683
27,407 27,368 27,295
94,712 95,090 95,355
7:+9 7:9 740
0 0 0
!!,9# !!,9 !!,"0
!!,9# !!,9 !!,"0
7/24/2019 Caso 1 vf
129/210
" "# "
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0.00 0.00 0.00
134,592 135,219 135,683
27,407 27,368 27,295
94,712 95,090 95,355
7:+9 7:9 740
0 0 0
!!,9# !!,9 !!,"0
!!,9# !!,9 !!,"0
7/24/2019 Caso 1 vf
130/210
7/24/2019 Caso 1 vf
131/210
Caso - 1/ Un (rogra+a de crdito ed*cativo (ara e&
Res(*estas.:
Preg*nta 4 A B
Est*dios Universitarios 1
2.0"%
uota
7/24/2019 Caso 1 vf
132/210
20* 3117+::5
25* 31279++:+
0* 31274022
5* 3117+205
40* 3107:215
45* 310712409
50* 3:7+554
55* 379:244
90* 370++45
95* 3+752+2
+0* 3+7092:
+5* 3975:22
0* 397209:1
5* 35759+0
:0* 35754254
:5* 35725::9
100* 3570050:
74- 5E 4 IES
COK 1
141
0* 1715+
5* 5750
10* 141
7/24/2019 Caso 1 vf
133/210
15* 32724910
20* 37440+0
25* 347021
0* 347441:0
5* 3479442+
40* 347+545
45* 347021
50* 3472910
55* 34720:
90* 34700:5
95* 347++19
+0* 347+5+5
+5* 3479:95+
0* 3479554+
5* 347915:
:0* 3475+1+2
:5* 3475042
100* 3474:00
74- 5E 4 843II4
COK 1
15:795
0* BBB
5* 4:575::59
7/24/2019 Caso 1 vf
134/210
10* 15:795
15* 9170124
20* 2474512
25* +751044
0* 31702+
5* 3575+:1+
40* 37050:2
45* 3:7941
50* 3107019:
55* 310729+1+
90* 31072+99
95* 31071409
+0* 3:7:1+1
+5* 3:79452:
0* 3:7499+
5* 3:70+0:
:0* 37+292
:5* 374202
100* 37122:
7/24/2019 Caso 1 vf
135/210
7/24/2019 Caso 1 vf
136/210
Per
Est*dios Universitarios 2 Est*dios Universi
29.29%
uota
7/24/2019 Caso 1 vf
137/210
20* 31172942 20* 310752:91
25* 31271:49 25* 3117595
0* 3117:+45+ 0* 3117:544
5* 311744 5* 3107912
40* 31075:02 40* 310714500
45* 3:722 45* 3:744051
50* 3:711+4: 50* 37++159
55* 37490 55* 3715942
90* 3+7+0 90* 3+75::5
95* 3+7441: 95* 3+70::
+0* 397+159 +0* 3979515
+5* 39744: +5* 3972504:
0* 3970+1: 0* 357:15
5* 357++9 5* 35759:5+
:0* 357401 :0* 357201+
:5* 357159: :5* 35701:41
100* 347:102 100* 347+
COK 2 COK !
9: +2229
0* 1+7:50:0 0* 1+7942:
5* 574::2 5* 579+90:
10* 9: 10* +2229
7/24/2019 Caso 1 vf
138/210
15* 317:9:29 15* 31790045
20* 3719::4 20* 3270:10
25* 37250 25* 374:50
0* 347209+9 0* 37:2
5* 347421 5* 3471::9
40* 3475591 40* 3472:190
45* 347925:9 45* 3472:
50* 3479542 50* 347444
55* 3479994 55* 3474901+
90* 3479501 90* 34749+4
95* 3479:0 95* 3474920
+0* 347912+2 +0* 347449
+5* 3475202 +5* 34742:2
0* 347545+ 0* 34740904
5* 3475192 5* 34702
:0* 3474+04 :0* 34751
:5* 34744245 :5* 347251+
100* 34740+2: 100* 3472:9:9
COK 2 COK !
1907210 19170+5
0* BBB 0* BBB
5* 4:+70: 5* 5007+599
7/24/2019 Caso 1 vf
139/210
10* 1907210 10* 19170+5
15* 91791+1 15* 91799
20* 27:9: 20* 2719+:
25* 97:+: 25* 970129
0* 317919 0* 327552+1
5* 397241 5* 3+7105+
40* 379+41 40* 3:75909
45* 3:7:+5: 45* 3107+:219
50* 31075:+59 50* 3117+19+
55* 31071+90 55* 311755150
90* 3107+:++: 90* 31174:291
95* 31079: 95* 31172:199
+0* 3107510 +0* 31170014
+5* 310704 +5* 31079+:2+
0* 3:7+9+4 0* 310725+
5* 3:74+1 5* 3:7:+0:5
:0* 3:710+4+ :0* 3:79150
:5* 37+: :5* 3:729:+
100* 374+04 100* 37::4
7/24/2019 Caso 1 vf
140/210
7/24/2019 Caso 1 vf
141/210
tarios !
29.0%
9:
29.12%
790
+22
19170+4
(r5 1 (r5 2 (r5
275+4 70:24
0* 117204+ 0* 117++2: 0*
5* 170914 5* 175:+2: 5*
10* 3700+ 10* 3275494 10*
15* 3971010 15* 357+155 15*
7/24/2019 Caso 1 vf
142/210
7/24/2019 Caso 1 vf
143/210
15* 317420 15* 31719420 15*
20* 3179+045 20* 31741202 20*
25* 3179:+21 25* 31744: 25*
0* 31755449 0* 3171::1 0*
5* 3172221 5* 31709401 5*
40* 3:140 40* 3+14+0 40*
45* 3412 45* 300 45*
50* 354 50* 1554 50*
55* 4:1+ 55* 94+ 55*
90* ::55 90* 17112: 90*
95* 174:42 95* 175:11 95*
+0* 17:+1+ +0* 2709422 +0*
+5* 2744141 +5* 275109 +5*
0* 27029 0* 27:95 0*
5* 72:2:1 5* 7151 5*
:0* 79+:11 :0* 7+0:2 :0*
:5* 470:+ :5* 47051+0 :5*
100* 47+95 100* 47+95 100*
Tasas 1
1$9,!.$! $% % 11% 1"% 1#% 20%
0% 1+9745 1+9745 1+9745 1+9745 1+9745 1+9745
7/24/2019 Caso 1 vf
144/210
!% 1+2715 1+2715 1+2715 1+2715 1+2715 1+2715
% 19+71: 19+71: 19+71: 19+71: 19+71: 19+71:
9% 19171+ 19171+ 19171+ 19171+ 19171+ 19171+
12% 1557+99 1557+99 1557+99 1557+99 1557+99 1557+99
1$% 14:7120 14:7120 14:7120 14:7120 14:7120 14:7120
1% 14170 14170 14170 14170 14170 14170
21% 1745 1745 1745 1745 1745 1745
2"% 125710: 125710: 125710: 125710: 125710: 125710:
2#% 1157595 1157595 1157595 1157595 1157595 1157595
!0% 1057150 1057150 1057150 1057150 1057150 1057150
!!% :700 :700 :700 :700 :700 :700
!% 17449 17449 17449 17449 17449 17449
!9% 97015 97015 97015 97015 97015 97015
"2% 5742: 5742: 5742: 5742: 5742: 5742:
"$% +790: +790: +790: +790: +790: +790:
"% 20749: 20749: 20749: 20749: 20749: 20749:
$1% 17:1: 17:1: 17:1: 17:1: 17:1: 17:1:
$"% 31714 31714 31714 31714 31714 31714
$#% 3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0
0% 397152 397152 397152 397152 397152 397152
!% 372: 372: 372: 372: 372: 372:
% 3115745 3115745 3115745 3115745 3115745 3115745
9% 314475: 314475: 314475: 314475: 314475: 314475:
#2% 31+57:19 31+57:19 31+57:19 31+57:19 31+57:19 31+57:19
#$% 320:754+ 320:754+ 320:754+ 320:754+ 320:754+ 320:754+
7/24/2019 Caso 1 vf
145/210
#% 3245791+ 3245791+ 3245791+ 3245791+ 3245791+ 3245791+
1% 32472+0 32472+0 32472+0 32472+0 32472+0 32472+0
"% 325795 325795 325795 325795 325795 325795
#% 39:7:22 39:7:22 39:7:22 39:7:22 39:7:22 39:7:22
90% 341+72 341+72 341+72 341+72 341+72 341+72
9!% 349+7++0 349+7++0 349+7++0 349+7++0 349+7++0 349+7++0
9% 352179:2 352179:2 352179:2 352179:2 352179:2 352179:2
99% 35+:71+ 35+:71+ 35+:71+ 35+:71+ 35+:71+ 35+:71+
102% 39407445 39407445 39407445 39407445 39407445 39407445
7/24/2019 Caso 1 vf
146/210
! (r-P 1 (r-P 2
79041 275+4 70:24
12794044 0* 1+70+50 0* 1+74+41
27+: 5* 5795:41 5* 9715:0
317:449+ 10* 327+990 10* 317+:029
35719591 15* 3+7+2+:+ 15* 3+709+1
7/24/2019 Caso 1 vf
147/210
3979010+ 20* BBB 20* BBB
397:9+: 25* BBB 25* BBB
39711: 0* BBB 0* BBB
3979+15 5* BBB 5* BBB
357+4+ 40* BBB 40* BBB
3571559 45* BBB 45* BBB
34755:1 50* BBB 50* BBB
37:5499 55* BBB 55* BBB
3742592 90* BBB 90* BBB
327:545+ 95* BBB 95* BBB
32754104 +0* BBB +0* BBB
3271219 +5* BBB +5* BBB
317+14 0* BBB 0* BBB
317909 5* BBB 5* BBB
3171:5 :0* BBB :0* BBB
317112 :5* BBB :5* BBB
3170214+ 100* BBB 100* BBB
! (r-P 1 (r-P 2
+2229 141 9:
17+01 0* 172+::1 0* 17492
515+5 5* 9402 5* 90+50
305+ 10* 34252: 10* 31514
7/24/2019 Caso 1 vf
148/210
31299 15* 317102:9 15* 30+
31709+91 20* 3179252 20* 317914
3171100 25* 3271+922 25* 31790
31700+2+ 0* 3275:50+ 0* 3272:25
3++1 5* 327:4: 5* 3275+:+
344+:4 40* 372490 40* 3279924
35:10 45* 374:94 45* 37109:
+059 50* 37+04+ 50* 3709:2
2240 55* 37+1 55* 374++
172155 90* 34702221 90* 3791222
17+955 95* 3471412 95* 37+290
271+:5 +0* 3472:+: +0* 37215
27902:2 +5* 347211 +5* 37::4
70045 0* 3475 0* 37:949
72:: 5* 34744490 5* 347015+
7++01 :0* 3474:144 :0* 347099
4709+99 :5* 34750:4 :5* 3471019
47+95 100* 34759492 100* 3471404
2!% 2% 29% !2% !$% !% "1% ""%
1+9745 1+9745 1+9745 1+9745 1+9745 1+9745 1+9745 1+9745
7/24/2019 Caso 1 vf
149/210
1+2715 1+2715 1+2715 1+2715 1+2715 1+2715 1+2715 1+2715
19+71: 19+71: 19+71: 19+71: 19+71: 19+71: 19+71: 19+71:
19171+ 19171+ 19171+ 19171+ 19171+ 19171+ 19171+ 19171+
1557+99 1557+99 1557+99 1557+99 1557+99 1557+99 1557+99 1557+99
14:7120 14:7120 14:7120 14:7120 14:7120 14:7120 14:7120 14:7120
14170 14170 14170 14170 14170 14170 14170 14170
1745 1745 1745 1745 1745 1745 1745 1745
125710: 125710: 125710: 125710: 125710: 125710: 125710: 125710:
1157595 1157595 1157595 1157595 1157595 1157595 1157595 1157595
1057150 1057150 1057150 1057150 1057150 1057150 1057150 1057150
:700 :700 :700 :700 :700 :700 :700 :700
17449 17449 17449 17449 17449 17449 17449 17449
97015 97015 97015 97015 97015 97015 97015 97015
5742: 5742: 5742: 5742: 5742: 5742: 5742: 5742:
+790: +790: +790: +790: +790: +790: +790: +790:
20749: 20749: 20749: 20749: 20749: 20749: 20749: 20749:
17:1: 17:1: 17:1: 17:1: 17:1: 17:1: 17:1: 17:1:
31714 31714 31714 31714 31714 31714 31714 31714
3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0
397152 397152 397152 397152 397152 397152 397152 397152
372: 372: 372: 372: 372: 372: 372: 372:
3115745 3115745 3115745 3115745 3115745 3115745 3115745 3115745
314475: 314475: 314475: 314475: 314475: 314475: 314475: 314475:
31+57:19 31+57:19 31+57:19 31+57:19 31+57:19 31+57:19 31+57:19 31+57:19
320:754+ 320:754+ 320:754+ 320:754+ 320:754+ 320:754+ 320:754+ 320:754+
7/24/2019 Caso 1 vf
150/210
3245791+ 3245791+ 3245791+ 3245791+ 3245791+ 3245791+ 3245791+ 3245791+
32472+0 32472+0 32472+0 32472+0 32472+0 32472+0 32472+0 32472+0
325795 325795 325795 325795 325795 325795 325795 325795
39:7:22 39:7:22 39:7:22 39:7:22 39:7:22 39:7:22 39:7:22 39:7:22
341+72 341+72 341+72 341+72 341+72 341+72 341+72 341+72
349+7++0 349+7++0 349+7++0 349+7++0 349+7++0 349+7++0 349+7++0 349+7++0
352179:2 352179:2 352179:2 352179:2 352179:2 352179:2 352179:2 352179:2
35+:71+ 35+:71+ 35+:71+ 35+:71+ 35+:71+ 35+:71+ 35+:71+ 35+:71+
39407445 39407445 39407445 39407445 39407445 39407445 39407445 39407445
7/24/2019 Caso 1 vf
151/210
(r-P !
79041
0* 170+0
5* 97:125
10* 3:54:9
15* 3971405
7/24/2019 Caso 1 vf
152/210
20* BBB
25* BBB
0* BBB
5* BBB
40* BBB
45* BBB
50* BBB
55* BBB
90* BBB
95* BBB
+0* BBB
+5* BBB
0* BBB
5* BBB
:0* BBB
:5* BBB
100* BBB
(r-P !
+2229
0* 17+99
5* :1+2
10* 21241
7/24/2019 Caso 1 vf
153/210
15* 34051+
20* 3:4
25* 31725
0* 317+94:+
5* 3270+4:
40* 3275:1
45* 3275940
50* 327++99
55* 327:444
90* 370955
95* 371+41
+0* 3729+
+5* 3705
0* 37::4
5* 374505
:0* 374:22
:5* 3752:22
100* 3755::2
"#% $0% $!% $% $9% 2% $% %
1+9745 1+9745 1+9745 1+9745 1+9745 1+9745 1+9745 1+9745
7/24/2019 Caso 1 vf
154/210
1+2715 1+2715 1+2715 1+2715 1+2715 1+2715 1+2715 1+2715
19+71: 19+71: 19+71: 19+71: 19+71: 19+71: 19+71: 19+71:
19171+ 19171+ 19171+ 19171+ 19171+ 19171+ 19171+ 19171+
1557+99 1557+99 1557+99 1557+99 1557+99 1557+99 1557+99 1557+99
14:7120 14:7120 14:7120 14:7120 14:7120 14:7120 14:7120 14:7120
14170 14170 14170 14170 14170 14170 14170 14170
1745 1745 1745 1745 1745 1745 1745 1745
125710: 125710: 125710: 125710: 125710: 125710: 125710: 125710:
1157595 1157595 1157595 1157595 1157595 1157595 1157595 1157595
1057150 1057150 1057150 1057150 1057150 1057150 1057150 1057150
:700 :700 :700 :700 :700 :700 :700 :700
17449 17449 17449 17449 17449 17449 17449 17449
97015 97015 97015 97015 97015 97015 97015 97015
5742: 5742: 5742: 5742: 5742: 5742: 5742: 5742:
+790: +790: +790: +790: +790: +790: +790: +790:
20749: 20749: 20749: 20749: 20749: 20749: 20749: 20749:
17:1: 17:1: 17:1: 17:1: 17:1: 17:1: 17:1: 17:1:
31714 31714 31714 31714 31714 31714 31714 31714
3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0
397152 397152 397152 397152 397152 397152 397152 397152
372: 372: 372: 372: 372: 372: 372: 372:
3115745 3115745 3115745 3115745 3115745 3115745 3115745 3115745
314475: 314475: 314475: 314475: 314475: 314475: 314475: 314475:
31+57:19 31+57:19 31+57:19 31+57:19 31+57:19 31+57:19 31+57:19 31+57:19
320:754+ 320:754+ 320:754+ 320:754+ 320:754+ 320:754+ 320:754+ 320:754+
7/24/2019 Caso 1 vf
155/210
3245791+ 3245791+ 3245791+ 3245791+ 3245791+ 3245791+ 3245791+ 3245791+
32472+0 32472+0 32472+0 32472+0 32472+0 32472+0 32472+0 32472+0
325795 325795 325795 325795 325795 325795 325795 325795
39:7:22 39:7:22 39:7:22 39:7:22 39:7:22 39:7:22 39:7:22 39:7:22
341+72 341+72 341+72 341+72 341+72 341+72 341+72 341+72
349+7++0 349+7++0 349+7++0 349+7++0 349+7++0 349+7++0 349+7++0 349+7++0
352179:2 352179:2 352179:2 352179:2 352179:2 352179:2 352179:2 352179:2
35+:71+ 35+:71+ 35+:71+ 35+:71+ 35+:71+ 35+:71+ 35+:71+ 35+:71+
39407445 39407445 39407445 39407445 39407445 39407445 39407445 39407445
7/24/2019 Caso 1 vf
156/210
7/24/2019 Caso 1 vf
157/210
7/24/2019 Caso 1 vf
158/210
#1% #"% ##% 0% !% % 9% 92%
1+9745 1+9745 1+9745 1+9745 1+9745 1+9745 1+9745 1+9745
7/24/2019 Caso 1 vf
159/210
1+2715 1+2715 1+2715 1+2715 1+2715 1+2715 1+2715 1+2715
19+71: 19+71: 19+71: 19+71: 19+71: 19+71: 19+71: 19+71:
19171+ 19171+ 19171+ 19171+ 19171+ 19171+ 19171+ 19171+
1557+99 1557+99 1557+99 1557+99 1557+99 1557+99 1557+99 1557+99
14:7120 14:7120 14:7120 14:7120 14:7120 14:7120 14:7120 14:7120
14170 14170 14170 14170 14170 14170 14170 14170
1745 1745 1745 1745 1745 1745 1745 1745
125710: 125710: 125710: 125710: 125710: 125710: 125710: 125710:
1157595 1157595 1157595 1157595 1157595 1157595 1157595 1157595
1057150 1057150 1057150 1057150 1057150 1057150 1057150 1057150
:700 :700 :700 :700 :700 :700 :700 :700
17449 17449 17449 17449 17449 17449 17449 17449
97015 97015 97015 97015 97015 97015 97015 97015
5742: 5742: 5742: 5742: 5742: 5742: 5742: 5742:
+790: +790: +790: +790: +790: +790: +790: +790:
20749: 20749: 20749: 20749: 20749: 20749: 20749: 20749:
17:1: 17:1: 17:1: 17:1: 17:1: 17:1: 17:1: 17:1:
31714 31714 31714 31714 31714 31714 31714 31714
3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0 3:7+:0
397152 397152 397152 397152 397152 397152 397152 397152
372: 372: 372: 372: 372: 372: 372: 372:
3115745 3115745 3115745 3115745 3115745 3115745 3115745 3115745
314475: 314475: 314475: 314475: 314475: 314475: 314475: 314475:
31+57:19 31+57:19 31+57:19 31+57:19 31+57:19 31+57:19 31+57:19 31+57:19
320:754+ 320:754+ 320:754+ 320:754+ 320:754+ 320:754+ 320:754+ 320:754+
7/24/2019 Caso 1 vf
160/210
3245791+ 3245791+ 3245791+ 3245791+ 3245791+ 3245791+ 3245791+ 3245791+
32472+0 32472+0 32472+0 32472+0 32472+0 32472+0 32472+0 32472+0
325795 325795 32