Professor : Isaac Pimentel.

Curso de Matemtica Financeira - Rua Emlio Moreira, 173 - Centro

Telefone: 3232 - 1036

Fator de descapitalizao
n
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

0.5%
0.99502
0.99007
0.98515
0.98025
0.97537
0.97052
0.96569
0.96089
0.95610
0.95135
0.94661
0.94191
0.93722
0.93256
0.92792
0.92330
0.91871
0.91414
0.90959
0.90506
0.90056
0.89608
0.89162
0.88719
0.88277
0.87838
0.87401
0.86966
0.86533
0.86103

1.0%
0.99010
0.98030
0.97059
0.96098
0.95147
0.94205
0.93272
0.92348
0.91434
0.90529
0.89632
0.88745
0.87866
0.86996
0.86135
0.85282
0.84438
0.83602
0.82774
0.81954
0.81143
0.80340
0.79544
0.78757
0.77977
0.77205
0.76440
0.75684
0.74934
0.74192

1.5%
0.98522
0.97066
0.95632
0.94218
0.92826
0.91454
0.90103
0.88771
0.87459
0.86167
0.84893
0.83639
0.82403
0.81185
0.79985
0.78803
0.77639
0.76491
0.75361
0.74247
0.73150
0.72069
0.71004
0.69954
0.68921
0.67902
0.66899
0.65910
0.64936
0.63976

2.0%
0.98039
0.96117
0.94232
0.92385
0.90573
0.88797
0.87056
0.85349
0.83676
0.82035
0.80426
0.78849
0.77303
0.75788
0.74301
0.72845
0.71416
0.70016
0.68643
0.67297
0.65978
0.64684
0.63416
0.62172
0.60953
0.59758
0.58586
0.57437
0.56311
0.55207

2.5%
0.97561
0.95181
0.92860
0.90595
0.88385
0.86230
0.84127
0.82075
0.80073
0.78120
0.76214
0.74356
0.72542
0.70773
0.69047
0.67362
0.65720
0.64117
0.62553
0.61027
0.59539
0.58086
0.56670
0.55288
0.53939
0.52623
0.51340
0.50088
0.48866
0.47674

3.0%
0.97087
0.94260
0.91514
0.88849
0.86261
0.83748
0.81309
0.78941
0.76642
0.74409
0.72242
0.70138
0.68095
0.66112
0.64186
0.62317
0.60502
0.58739
0.57029
0.55368
0.53755
0.52189
0.50669
0.49193
0.47761
0.46369
0.45019
0.43708
0.42435
0.41199

3.5%
0.96618
0.93351
0.90194
0.87144
0.84197
0.81350
0.78599
0.75941
0.73373
0.70892
0.68495
0.66178
0.63940
0.61778
0.59689
0.57671
0.55720
0.53836
0.52016
0.50257
0.48557
0.46915
0.45329
0.43796
0.42315
0.40884
0.39501
0.38165
0.36875
0.35628

4.0%
0.96154
0.92456
0.88900
0.85480
0.82193
0.79031
0.75992
0.73069
0.70259
0.67556
0.64958
0.62460
0.60057
0.57748
0.55526
0.53391
0.51337
0.49363
0.47464
0.45639
0.43883
0.42196
0.40573
0.39012
0.37512
0.36069
0.34682
0.33348
0.32065
0.30832

4.5%
0.95694
0.91573
0.87630
0.83856
0.80245
0.76790
0.73483
0.70319
0.67290
0.64393
0.61620
0.58966
0.56427
0.53997
0.51672
0.49447
0.47318
0.45280
0.43330
0.41464
0.39679
0.37970
0.36335
0.34770
0.33273
0.31840
0.30469
0.29157
0.27902
0.26700

5.0%
0.95238
0.90703
0.86384
0.82270
0.78353
0.74622
0.71068
0.67684
0.64461
0.61391
0.58468
0.55684
0.53032
0.50507
0.48102
0.45811
0.43630
0.41552
0.39573
0.37689
0.35894
0.34185
0.32557
0.31007
0.29530
0.28124
0.26785
0.25509
0.24295
0.23138

5.5%
0.94787
0.89845
0.85161
0.80722
0.76513
0.72525
0.68744
0.65160
0.61763
0.58543
0.55491
0.52598
0.49856
0.47257
0.44793
0.42458
0.40245
0.38147
0.36158
0.34273
0.32486
0.30793
0.29187
0.27666
0.26223
0.24856
0.23560
0.22332
0.21168
0.20064

6.0%
0.94340
0.89000
0.83962
0.79209
0.74726
0.70496
0.66506
0.62741
0.59190
0.55839
0.52679
0.49697
0.46884
0.44230
0.41727
0.39365
0.37136
0.35034
0.33051
0.31180
0.29416
0.27751
0.26180
0.24698
0.23300
0.21981
0.20737
0.19563
0.18456
0.17411

6.5%
0.93897
0.88166
0.82785
0.77732
0.72988
0.68533
0.64351
0.60423
0.56735
0.53273
0.50021
0.46968
0.44102
0.41410
0.38883
0.36510
0.34281
0.32189
0.30224
0.28380
0.26648
0.25021
0.23494
0.22060
0.20714
0.19450
0.18263
0.17148
0.16101
0.15119

7.0%
0.93458
0.87344
0.81630
0.76290
0.71299
0.66634
0.62275
0.58201
0.54393
0.50835
0.47509
0.44401
0.41496
0.38782
0.36245
0.33873
0.31657
0.29586
0.27651
0.25842
0.24151
0.22571
0.21095
0.19715
0.18425
0.17220
0.16093
0.15040
0.14056
0.13137

7.5%
0.93023
0.86533
0.80496
0.74880
0.69656
0.64796
0.60275
0.56070
0.52158
0.48519
0.45134
0.41985
0.39056
0.36331
0.33797
0.31439
0.29245
0.27205
0.25307
0.23541
0.21899
0.20371
0.18950
0.17628
0.16398
0.15254
0.14190
0.13200
0.12279
0.11422

(1 + i) - n
8.0%
0.92593
0.85734
0.79383
0.73503
0.68058
0.63017
0.58349
0.54027
0.50025
0.46319
0.42888
0.39711
0.36770
0.34046
0.31524
0.29189
0.27027
0.25025
0.23171
0.21455
0.19866
0.18394
0.17032
0.15770
0.14602
0.13520
0.12519
0.11591
0.10733
0.09938

8.5%
0.92166
0.84946
0.78291
0.72157
0.66505
0.61295
0.56493
0.52067
0.47988
0.44229
0.40764
0.37570
0.34627
0.31914
0.29414
0.27110
0.24986
0.23028
0.21224
0.19562
0.18029
0.16617
0.15315
0.14115
0.13009
0.11990
0.11051
0.10185
0.09387
0.08652

9.0%
0.91743
0.84168
0.77218
0.70843
0.64993
0.59627
0.54703
0.50187
0.46043
0.42241
0.38753
0.35553
0.32618
0.29925
0.27454
0.25187
0.23107
0.21199
0.19449
0.17843
0.16370
0.15018
0.13778
0.12640
0.11597
0.10639
0.09761
0.08955
0.08215
0.07537

9.5%
0.91324
0.83401
0.76165
0.69557
0.63523
0.58012
0.52979
0.48382
0.44185
0.40351
0.36851
0.33654
0.30734
0.28067
0.25632
0.23409
0.21378
0.19523
0.17829
0.16282
0.14870
0.13580
0.12402
0.11326
0.10343
0.09446
0.08626
0.07878
0.07194
0.06570

10.0%
0.90909
0.82645
0.75131
0.68301
0.62092
0.56447
0.51316
0.46651
0.42410
0.38554
0.35049
0.31863
0.28966
0.26333
0.23939
0.21763
0.19784
0.17986
0.16351
0.14864
0.13513
0.12285
0.11168
0.10153
0.09230
0.08391
0.07628
0.06934
0.06304
0.05731

10.5%
0.90498
0.81898
0.74116
0.67073
0.60700
0.54932
0.49712
0.44989
0.40714
0.36845
0.33344
0.30175
0.27308
0.24713
0.22365
0.20240
0.18316
0.16576
0.15001
0.13575
0.12285
0.11118
0.10062
0.09106
0.08240
0.07457
0.06749
0.06107
0.05527
0.05002

11.0%
0.90090
0.81162
0.73119
0.65873
0.59345
0.53464
0.48166
0.43393
0.39092
0.35218
0.31728
0.28584
0.25751
0.23199
0.20900
0.18829
0.16963
0.15282
0.13768
0.12403
0.11174
0.10067
0.09069
0.08170
0.07361
0.06631
0.05974
0.05382
0.04849
0.04368

11.5%
0.89686
0.80436
0.72140
0.64699
0.58026
0.52042
0.46674
0.41860
0.37543
0.33671
0.30198
0.27083
0.24290
0.21785
0.19538
0.17523
0.15715
0.14095
0.12641
0.11337
0.10168
0.09119
0.08179
0.07335
0.06579
0.05900
0.05291
0.04746
0.04256
0.03817

12.0%
0.89286
0.79719
0.71178
0.63552
0.56743
0.50663
0.45235
0.40388
0.36061
0.32197
0.28748
0.25668
0.22917
0.20462
0.18270
0.16312
0.14564
0.13004
0.11611
0.10367
0.09256
0.08264
0.07379
0.06588
0.05882
0.05252
0.04689
0.04187
0.03738
0.03338

12.5%
0.88889
0.79012
0.70233
0.62430
0.55493
0.49327
0.43846
0.38974
0.34644
0.30795
0.27373
0.24332
0.21628
0.19225
0.17089
0.15190
0.13502
0.12002
0.10668
0.09483
0.08429
0.07493
0.06660
0.05920
0.05262
0.04678
0.04158
0.03696
0.03285
0.02920

13.0%
0.88496
0.78315
0.69305
0.61332
0.54276
0.48032
0.42506
0.37616
0.33288
0.29459
0.26070
0.23071
0.20416
0.18068
0.15989
0.14150
0.12522
0.11081
0.09806
0.08678
0.07680
0.06796
0.06014
0.05323
0.04710
0.04168
0.03689
0.03264
0.02889
0.02557

n
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

13.5%
0.88106
0.77626
0.68393
0.60258
0.53091
0.46776
0.41213
0.36311
0.31992
0.28187
0.24834
0.21880
0.19278
0.16985
0.14964
0.13185
0.11616
0.10235
0.09017
0.07945
0.07000
0.06167
0.05434
0.04787
0.04218
0.03716
0.03274
0.02885
0.02542
0.02239

14.0%
0.87719
0.76947
0.67497
0.59208
0.51937
0.45559
0.39964
0.35056
0.30751
0.26974
0.23662
0.20756
0.18207
0.15971
0.14010
0.12289
0.10780
0.09456
0.08295
0.07276
0.06383
0.05599
0.04911
0.04308
0.03779
0.03315
0.02908
0.02551
0.02237
0.01963

14.5%
0.87336
0.76276
0.66617
0.58181
0.50813
0.44378
0.38758
0.33850
0.29563
0.25819
0.22550
0.19694
0.17200
0.15022
0.13120
0.11458
0.10007
0.08740
0.07633
0.06666
0.05822
0.05085
0.04441
0.03879
0.03387
0.02958
0.02584
0.02257
0.01971
0.01721

15.0%
0.86957
0.75614
0.65752
0.57175
0.49718
0.43233
0.37594
0.32690
0.28426
0.24718
0.21494
0.18691
0.16253
0.14133
0.12289
0.10686
0.09293
0.08081
0.07027
0.06110
0.05313
0.04620
0.04017
0.03493
0.03038
0.02642
0.02297
0.01997
0.01737
0.01510

15.5%
0.86580
0.74961
0.64901
0.56192
0.48651
0.42122
0.36469
0.31575
0.27338
0.23669
0.20493
0.17743
0.15362
0.13300
0.11515
0.09970
0.08632
0.07474
0.06471
0.05602
0.04850
0.04199
0.03636
0.03148
0.02726
0.02360
0.02043
0.01769
0.01532
0.01326

16.0%
0.86207
0.74316
0.64066
0.55229
0.47611
0.41044
0.35383
0.30503
0.26295
0.22668
0.19542
0.16846
0.14523
0.12520
0.10793
0.09304
0.08021
0.06914
0.05961
0.05139
0.04430
0.03819
0.03292
0.02838
0.02447
0.02109
0.01818
0.01567
0.01351
0.01165

16.5%
0.85837
0.73680
0.63244
0.54287
0.46598
0.39999
0.34334
0.29471
0.25297
0.21714
0.18639
0.15999
0.13733
0.11788
0.10118
0.08685
0.07455
0.06399
0.05493
0.04715
0.04047
0.03474
0.02982
0.02560
0.02197
0.01886
0.01619
0.01390
0.01193
0.01024

17.0%
0.85470
0.73051
0.62437
0.53365
0.45611
0.38984
0.33320
0.28478
0.24340
0.20804
0.17781
0.15197
0.12989
0.11102
0.09489
0.08110
0.06932
0.05925
0.05064
0.04328
0.03699
0.03162
0.02702
0.02310
0.01974
0.01687
0.01442
0.01233
0.01053
0.00900

17.5%
0.85106
0.72431
0.61643
0.52462
0.44649
0.37999
0.32340
0.27523
0.23424
0.19935
0.16966
0.14439
0.12289
0.10459
0.08901
0.07575
0.06447
0.05487
0.04670
0.03974
0.03382
0.02879
0.02450
0.02085
0.01774
0.01510
0.01285
0.01094
0.00931
0.00792

18.0%
0.84746
0.71818
0.60863
0.51579
0.43711
0.37043
0.31393
0.26604
0.22546
0.19106
0.16192
0.13722
0.11629
0.09855
0.08352
0.07078
0.05998
0.05083
0.04308
0.03651
0.03094
0.02622
0.02222
0.01883
0.01596
0.01352
0.01146
0.00971
0.00823
0.00697

18.5%
0.84388
0.71214
0.60096
0.50714
0.42796
0.36115
0.30477
0.25719
0.21704
0.18315
0.15456
0.13043
0.11007
0.09288
0.07838
0.06615
0.05582
0.04711
0.03975
0.03355
0.02831
0.02389
0.02016
0.01701
0.01436
0.01211
0.01022
0.00863
0.00728
0.00614

19.0%
0.84034
0.70616
0.59342
0.49867
0.41905
0.35214
0.29592
0.24867
0.20897
0.17560
0.14757
0.12400
0.10421
0.08757
0.07359
0.06184
0.05196
0.04367
0.03670
0.03084
0.02591
0.02178
0.01830
0.01538
0.01292
0.01086
0.00912
0.00767
0.00644
0.00541

19.5%
0.83682
0.70027
0.58600
0.49038
0.41036
0.34339
0.28736
0.24047
0.20123
0.16839
0.14091
0.11792
0.09868
0.08258
0.06910
0.05782
0.04839
0.04049
0.03389
0.02836
0.02373
0.01986
0.01662
0.01390
0.01164
0.00974
0.00815
0.00682
0.00571
0.00477

20.0%
0.83333
0.69444
0.57870
0.48225
0.40188
0.33490
0.27908
0.23257
0.19381
0.16151
0.13459
0.11216
0.09346
0.07789
0.06491
0.05409
0.04507
0.03756
0.03130
0.02608
0.02174
0.01811
0.01509
0.01258
0.01048
0.00874
0.00728
0.00607
0.00506
0.00421

20.5%
0.82988
0.68869
0.57153
0.47430
0.39361
0.32665
0.27108
0.22496
0.18669
0.15493
0.12857
0.10670
0.08855
0.07348
0.06098
0.05061
0.04200
0.03485
0.02892
0.02400
0.01992
0.01653
0.01372
0.01138
0.00945
0.00784
0.00651
0.00540
0.00448
0.00372

21.0%
0.82645
0.68301
0.56447
0.46651
0.38554
0.31863
0.26333
0.21763
0.17986
0.14864
0.12285
0.10153
0.08391
0.06934
0.05731
0.04736
0.03914
0.03235
0.02673
0.02209
0.01826
0.01509
0.01247
0.01031
0.00852
0.00704
0.00582
0.00481
0.00397
0.00328

21.5%
0.82305
0.67740
0.55753
0.45888
0.37768
0.31084
0.25584
0.21057
0.17331
0.14264
0.11740
0.09662
0.07953
0.06545
0.05387
0.04434
0.03649
0.03003
0.02472
0.02035
0.01675
0.01378
0.01134
0.00934
0.00768
0.00632
0.00521
0.00428
0.00353
0.00290

22.0%
0.81967
0.67186
0.55071
0.45140
0.37000
0.30328
0.24859
0.20376
0.16702
0.13690
0.11221
0.09198
0.07539
0.06180
0.05065
0.04152
0.03403
0.02789
0.02286
0.01874
0.01536
0.01259
0.01032
0.00846
0.00693
0.00568
0.00466
0.00382
0.00313
0.00257

22.5%
0.81633
0.66639
0.54399
0.44407
0.36251
0.29593
0.24157
0.19720
0.16098
0.13141
0.10728
0.08757
0.07149
0.05836
0.04764
0.03889
0.03175
0.02591
0.02116
0.01727
0.01410
0.01151
0.00939
0.00767
0.00626
0.00511
0.00417
0.00341
0.00278
0.00227

23.0%
0.81301
0.66098
0.53738
0.43690
0.35520
0.28878
0.23478
0.19088
0.15519
0.12617
0.10258
0.08339
0.06780
0.05512
0.04481
0.03643
0.02962
0.02408
0.01958
0.01592
0.01294
0.01052
0.00855
0.00695
0.00565
0.00460
0.00374
0.00304
0.00247
0.00201

23.5%
0.80972
0.65564
0.53088
0.42987
0.34807
0.28184
0.22821
0.18478
0.14962
0.12115
0.09810
0.07943
0.06432
0.05208
0.04217
0.03415
0.02765
0.02239
0.01813
0.01468
0.01188
0.00962
0.00779
0.00631
0.00511
0.00414
0.00335
0.00271
0.00220
0.00178

24.0%
0.80645
0.65036
0.52449
0.42297
0.34111
0.27509
0.22184
0.17891
0.14428
0.11635
0.09383
0.07567
0.06103
0.04921
0.03969
0.03201
0.02581
0.02082
0.01679
0.01354
0.01092
0.00880
0.00710
0.00573
0.00462
0.00372
0.00300
0.00242
0.00195
0.00158

24.5%
0.80321
0.64515
0.51819
0.41622
0.33431
0.26852
0.21568
0.17324
0.13915
0.11177
0.08977
0.07211
0.05792
0.04652
0.03736
0.03001
0.02411
0.01936
0.01555
0.01249
0.01003
0.00806
0.00647
0.00520
0.00418
0.00335
0.00269
0.00216
0.00174
0.00140

25.0%
0.80000
0.64000
0.51200
0.40960
0.32768
0.26214
0.20972
0.16777
0.13422
0.10737
0.08590
0.06872
0.05498
0.04398
0.03518
0.02815
0.02252
0.01801
0.01441
0.01153
0.00922
0.00738
0.00590
0.00472
0.00378
0.00302
0.00242
0.00193
0.00155
0.00124

Professor : Isaac Pimentel.

Curso de Matemtica Financeira - Rua Emlio Moreira, 173 - Centro
Telefone: 3232 - 1036

Fator de capitalizao
n
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

0.5%
1.00500
1.01003
1.01508
1.02015
1.02525
1.03038
1.03553
1.04071
1.04591
1.05114
1.05640
1.06168
1.06699
1.07232
1.07768
1.08307
1.08849
1.09393
1.09940
1.10490
1.11042
1.11597
1.12155
1.12716
1.13280
1.13846
1.14415
1.14987
1.15562
1.16140

1.0%
1.01000
1.02010
1.03030
1.04060
1.05101
1.06152
1.07214
1.08286
1.09369
1.10462
1.11567
1.12683
1.13809
1.14947
1.16097
1.17258
1.18430
1.19615
1.20811
1.22019
1.23239
1.24472
1.25716
1.26973
1.28243
1.29526
1.30821
1.32129
1.33450
1.34785

1.5%
1.01500
1.03023
1.04568
1.06136
1.07728
1.09344
1.10984
1.12649
1.14339
1.16054
1.17795
1.19562
1.21355
1.23176
1.25023
1.26899
1.28802
1.30734
1.32695
1.34686
1.36706
1.38756
1.40838
1.42950
1.45095
1.47271
1.49480
1.51722
1.53998
1.56308

2.0%
1.02000
1.04040
1.06121
1.08243
1.10408
1.12616
1.14869
1.17166
1.19509
1.21899
1.24337
1.26824
1.29361
1.31948
1.34587
1.37279
1.40024
1.42825
1.45681
1.48595
1.51567
1.54598
1.57690
1.60844
1.64061
1.67342
1.70689
1.74102
1.77584
1.81136

2.5%
1.02500
1.05063
1.07689
1.10381
1.13141
1.15969
1.18869
1.21840
1.24886
1.28008
1.31209
1.34489
1.37851
1.41297
1.44830
1.48451
1.52162
1.55966
1.59865
1.63862
1.67958
1.72157
1.76461
1.80873
1.85394
1.90029
1.94780
1.99650
2.04641
2.09757

3.0%
1.03000
1.06090
1.09273
1.12551
1.15927
1.19405
1.22987
1.26677
1.30477
1.34392
1.38423
1.42576
1.46853
1.51259
1.55797
1.60471
1.65285
1.70243
1.75351
1.80611
1.86029
1.91610
1.97359
2.03279
2.09378
2.15659
2.22129
2.28793
2.35657
2.42726

3.5%
1.03500
1.07123
1.10872
1.14752
1.18769
1.22926
1.27228
1.31681
1.36290
1.41060
1.45997
1.51107
1.56396
1.61869
1.67535
1.73399
1.79468
1.85749
1.92250
1.98979
2.05943
2.13151
2.20611
2.28333
2.36324
2.44596
2.53157
2.62017
2.71188
2.80679

4.0%
1.04000
1.08160
1.12486
1.16986
1.21665
1.26532
1.31593
1.36857
1.42331
1.48024
1.53945
1.60103
1.66507
1.73168
1.80094
1.87298
1.94790
2.02582
2.10685
2.19112
2.27877
2.36992
2.46472
2.56330
2.66584
2.77247
2.88337
2.99870
3.11865
3.24340

4.5%
1.04500
1.09203
1.14117
1.19252
1.24618
1.30226
1.36086
1.42210
1.48610
1.55297
1.62285
1.69588
1.77220
1.85194
1.93528
2.02237
2.11338
2.20848
2.30786
2.41171
2.52024
2.63365
2.75217
2.87601
3.00543
3.14068
3.28201
3.42970
3.58404
3.74532

5.0%
1.05000
1.10250
1.15763
1.21551
1.27628
1.34010
1.40710
1.47746
1.55133
1.62889
1.71034
1.79586
1.88565
1.97993
2.07893
2.18287
2.29202
2.40662
2.52695
2.65330
2.78596
2.92526
3.07152
3.22510
3.38635
3.55567
3.73346
3.92013
4.11614
4.32194

5.5%
1.05500
1.11303
1.17424
1.23882
1.30696
1.37884
1.45468
1.53469
1.61909
1.70814
1.80209
1.90121
2.00577
2.11609
2.23248
2.35526
2.48480
2.62147
2.76565
2.91776
3.07823
3.24754
3.42615
3.61459
3.81339
4.02313
4.24440
4.47784
4.72412
4.98395

6.0%
1.06000
1.12360
1.19102
1.26248
1.33823
1.41852
1.50363
1.59385
1.68948
1.79085
1.89830
2.01220
2.13293
2.26090
2.39656
2.54035
2.69277
2.85434
3.02560
3.20714
3.39956
3.60354
3.81975
4.04893
4.29187
4.54938
4.82235
5.11169
5.41839
5.74349

6.5%
1.06500
1.13423
1.20795
1.28647
1.37009
1.45914
1.55399
1.65500
1.76257
1.87714
1.99915
2.12910
2.26749
2.41487
2.57184
2.73901
2.91705
3.10665
3.30859
3.52365
3.75268
3.99661
4.25639
4.53305
4.82770
5.14150
5.47570
5.83162
6.21067
6.61437

7.0%
1.07000
1.14490
1.22504
1.31080
1.40255
1.50073
1.60578
1.71819
1.83846
1.96715
2.10485
2.25219
2.40985
2.57853
2.75903
2.95216
3.15882
3.37993
3.61653
3.86968
4.14056
4.43040
4.74053
5.07237
5.42743
5.80735
6.21387
6.64884
7.11426
7.61226

(1 + i)

7.5%
8.0%
8.5%
9.0%
1.07500 1.08000 1.08500 1.09000
1.15563 1.16640 1.17723 1.18810
1.24230 1.25971 1.27729 1.29503
1.33547 1.36049 1.38586 1.41158
1.43563 1.46933 1.50366 1.53862
1.54330 1.58687 1.63147 1.67710
1.65905 1.71382 1.77014 1.82804
1.78348 1.85093 1.92060 1.99256
1.91724 1.99900 2.08386 2.17189
2.06103 2.15892 2.26098 2.36736
2.21561 2.33164 2.45317 2.58043
2.38178 2.51817 2.66169 2.81266
2.56041 2.71962 2.88793 3.06580
2.75244 2.93719 3.13340 3.34173
2.95888 3.17217 3.39974 3.64248
3.18079 3.42594 3.68872 3.97031
3.41935 3.70002 4.00226 4.32763
3.67580 3.99602 4.34245 4.71712
3.95149 4.31570 4.71156 5.14166
4.24785 4.66096 5.11205 5.60441
4.56644 5.03383 5.54657 6.10881
4.90892 5.43654 6.01803 6.65860
5.27709 5.87146 6.52956 7.25787
5.67287 6.34118 7.08457 7.91108
6.09834 6.84848 7.68676 8.62308
6.55572 7.39635 8.34014 9.39916
7.04739 7.98806 9.04905 10.24508
7.57595 8.62711 9.81822 11.16714
8.14414 9.31727 10.65277 12.17218
8.75496 10.06266 11.55825 13.26768

9.5%
1.09500
1.19903
1.31293
1.43766
1.57424
1.72379
1.88755
2.06687
2.26322
2.47823
2.71366
2.97146
3.25375
3.56285
3.90132
4.27195
4.67778
5.12217
5.60878
6.14161
6.72507
7.36395
8.06352
8.82956
9.66836
10.58686
11.59261
12.69391
13.89983
15.22031

10.0%
1.10000
1.21000
1.33100
1.46410
1.61051
1.77156
1.94872
2.14359
2.35795
2.59374
2.85312
3.13843
3.45227
3.79750
4.17725
4.59497
5.05447
5.55992
6.11591
6.72750
7.40025
8.14027
8.95430
9.84973
10.83471
11.91818
13.10999
14.42099
15.86309
17.44940

10.5%
1.10500
1.22103
1.34923
1.49090
1.64745
1.82043
2.01157
2.22279
2.45618
2.71408
2.99906
3.31396
3.66193
4.04643
4.47130
4.94079
5.45957
6.03283
6.66628
7.36623
8.13969
8.99436
9.93876
10.98233
12.13548
13.40971
14.81772
16.37359
18.09281
19.99256

11.0%
1.11000
1.23210
1.36763
1.51807
1.68506
1.87041
2.07616
2.30454
2.55804
2.83942
3.15176
3.49845
3.88328
4.31044
4.78459
5.31089
5.89509
6.54355
7.26334
8.06231
8.94917
9.93357
11.02627
12.23916
13.58546
15.07986
16.73865
18.57990
20.62369
22.89230

11.5%
1.11500
1.24323
1.38620
1.54561
1.72335
1.92154
2.14252
2.38891
2.66363
2.96995
3.31149
3.69231
4.11693
4.59037
5.11827
5.70687
6.36316
7.09492
7.91084
8.82058
9.83495
10.96597
12.22706
13.63317
15.20098
16.94910
18.89824
21.07154
23.49477
26.19667

12.0%
1.12000
1.25440
1.40493
1.57352
1.76234
1.97382
2.21068
2.47596
2.77308
3.10585
3.47855
3.89598
4.36349
4.88711
5.47357
6.13039
6.86604
7.68997
8.61276
9.64629
10.80385
12.10031
13.55235
15.17863
17.00006
19.04007
21.32488
23.88387
26.74993
29.95992

12.5%
1.12500
1.26563
1.42383
1.60181
1.80203
2.02729
2.28070
2.56578
2.88651
3.24732
3.65324
4.10989
4.62363
5.20158
5.85178
6.58325
7.40616
8.33193
9.37342
10.54509
11.86323
13.34613
15.01440
16.89120
19.00260
21.37793
24.05017
27.05644
30.43849
34.24330

13.0%
1.13000
1.27690
1.44290
1.63047
1.84244
2.08195
2.35261
2.65844
3.00404
3.39457
3.83586
4.33452
4.89801
5.53475
6.25427
7.06733
7.98608
9.02427
10.19742
11.52309
13.02109
14.71383
16.62663
18.78809
21.23054
23.99051
27.10928
30.63349
34.61584
39.11590

13.5%
1.13500
1.28823
1.46214
1.65952
1.88356
2.13784
2.42645
2.75402
3.12581
3.54780
4.02675
4.57036
5.18736
5.88765
6.68248
7.58462
8.60854
9.77070
11.08974
12.58686
14.28608
16.21470
18.40369
20.88818
23.70809
26.90868
30.54135
34.66443
39.34413
44.65559

n
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

14.0%
1.14000
1.29960
1.48154
1.68896
1.92541
2.19497
2.50227
2.85259
3.25195
3.70722
4.22623
4.81790
5.49241
6.26135
7.13794
8.13725
9.27646
10.57517
12.05569
13.74349
15.66758
17.86104
20.36158
23.21221
26.46192
30.16658
34.38991
39.20449
44.69312
50.95016

14.5%
1.14500
1.31103
1.50112
1.71879
1.96801
2.25337
2.58011
2.95423
3.38259
3.87307
4.43466
5.07769
5.81395
6.65697
7.62223
8.72746
9.99294
11.44192
13.10099
15.00064
17.17573
19.66621
22.51781
25.78290
29.52141
33.80202
38.70331
44.31529
50.74101
58.09846

15.0%
1.15000
1.32250
1.52088
1.74901
2.01136
2.31306
2.66002
3.05902
3.51788
4.04556
4.65239
5.35025
6.15279
7.07571
8.13706
9.35762
10.76126
12.37545
14.23177
16.36654
18.82152
21.64475
24.89146
28.62518
32.91895
37.85680
43.53531
50.06561
57.57545
66.21177

15.5%
1.15500
1.33403
1.54080
1.77962
2.05546
2.37406
2.74204
3.16706
3.65795
4.22493
4.87980
5.63617
6.50977
7.51879
8.68420
10.03025
11.58494
13.38060
15.45460
17.85006
20.61682
23.81243
27.50335
31.76637
36.69016
42.37713
48.94559
56.53216
65.29464
75.41531

16.0%
1.16000
1.34560
1.56090
1.81064
2.10034
2.43640
2.82622
3.27841
3.80296
4.41144
5.11726
5.93603
6.88579
7.98752
9.26552
10.74800
12.46768
14.46251
16.77652
19.46076
22.57448
26.18640
30.37622
35.23642
40.87424
47.41412
55.00038
63.80044
74.00851
85.84988

16.5%
17.0%
17.5%
18.0%
18.5%
19.0%
19.5%
1.16500
1.17000
1.17500
1.18000
1.18500
1.19000
1.19500
1.35723
1.36890
1.38063
1.39240
1.40423
1.41610
1.42803
1.58117
1.60161
1.62223
1.64303
1.66401
1.68516
1.70649
1.84206
1.87389
1.90613
1.93878
1.97185
2.00534
2.03926
2.14600
2.19245
2.23970
2.28776
2.33664
2.38635
2.43691
2.50009
2.56516
2.63164
2.69955
2.76892
2.83976
2.91211
2.91260
3.00124
3.09218
3.18547
3.28117
3.37932
3.47997
3.39318
3.51145
3.63331
3.75886
3.88818
4.02139
4.15856
3.95306
4.10840
4.26914
4.43545
4.60750
4.78545
4.96948
4.60531
4.80683
5.01624
5.23384
5.45989
5.69468
5.93853
5.36519
5.62399
5.89409
6.17593
6.46996
6.77667
7.09654
6.25045
6.58007
6.92555
7.28759
7.66691
8.06424
8.48037
7.28177
7.69868
8.13752
8.59936
9.08528
9.59645 10.13404
8.48326
9.00745
9.56159 10.14724 10.76606 11.41977 12.11018
9.88300 10.53872 11.23487 11.97375 12.75778 13.58953 14.47167
11.51370 12.33030 13.20097 14.12902 15.11797 16.17154 17.29364
13.41346 14.42646 15.51114 16.67225 17.91480 19.24413 20.66590
15.62668 16.87895 18.22559 19.67325 21.22904 22.90052 24.69575
18.20508 19.74838 21.41507 23.21444 25.15641 27.25162 29.51143
21.20892 23.10560 25.16271 27.39303 29.81035 32.42942 35.26615
24.70839 27.03355 29.56618 32.32378 35.32526 38.59101 42.14305
28.78527 31.62925 34.74026 38.14206 41.86043 45.92331 50.36095
33.53484 37.00623 40.81981 45.00763 49.60461 54.64873 60.18134
39.06809 43.29729 47.96327 53.10901 58.78147 65.03199 71.91670
45.51433 50.65783 56.35684 62.66863 69.65604 77.38807 85.94045
53.02419 59.26966 66.21929 73.94898 82.54240 92.09181 102.69884
61.77318 69.34550 77.80767 87.25980 97.81275 109.58925 122.72511
71.96576 81.13423 91.42401 102.96656 115.90811 130.41121 146.65651
83.84011 94.92705 107.42321 121.50054 137.35111 155.18934 175.25453
97.67373 111.06465 126.22227 143.37064 162.76106 184.67531 209.42916

20.0%
1.20000
1.44000
1.72800
2.07360
2.48832
2.98598
3.58318
4.29982
5.15978
6.19174
7.43008
8.91610
10.69932
12.83918
15.40702
18.48843
22.18611
26.62333
31.94800
38.33760
46.00512
55.20614
66.24737
79.49685
95.39622
114.47546
137.37055
164.84466
197.81359
237.37631

20.5%
1.20500
1.45203
1.74969
2.10838
2.54059
3.06142
3.68901
4.44525
5.35653
6.45462
7.77781
9.37227
11.29358
13.60876
16.39856
19.76026
23.81112
28.69240
34.57434
41.66208
50.20281
60.49438
72.89573
87.83935
105.84642
127.54494
153.69165
185.19844
223.16411
268.91276

21.0%
1.21000
1.46410
1.77156
2.14359
2.59374
3.13843
3.79750
4.59497
5.55992
6.72750
8.14027
9.84973
11.91818
14.42099
17.44940
21.11378
25.54767
30.91268
37.40434
45.25926
54.76370
66.26408
80.17953
97.01723
117.39085
142.04293
171.87195
207.96506
251.63772
304.48164

21.5%
1.21500
1.47623
1.79361
2.17924
2.64778
3.21705
3.90871
4.74909
5.77014
7.01072
8.51803
10.34940
12.57453
15.27805
18.56283
22.55384
27.40291
33.29454
40.45286
49.15023
59.71753
72.55680
88.15651
107.11016
130.13885
158.11870
192.11422
233.41877
283.60381
344.57863

22.0%
1.22000
1.48840
1.81585
2.21533
2.70271
3.29730
4.02271
4.90771
5.98740
7.30463
8.91165
10.87221
13.26410
16.18220
19.74229
24.08559
29.38442
35.84899
43.73577
53.35764
65.09632
79.41751
96.88936
118.20502
144.21013
175.93636
214.64236
261.86368
319.47368
389.75789

22.5%
1.22500
1.50063
1.83827
2.25188
2.75855
3.37922
4.13955
5.07094
6.21190
7.60958
9.32174
11.41913
13.98844
17.13583
20.99140
25.71446
31.50021
38.58776
47.27001
57.90576
70.93456
86.89483
106.44617
130.39656
159.73578
195.67634
239.70351
293.63680
359.70508
440.63872

23.0%
1.23000
1.51290
1.86087
2.28887
2.81531
3.46283
4.25928
5.23891
6.44386
7.92595
9.74891
11.99116
14.74913
18.14143
22.31396
27.44617
33.75879
41.52331
51.07368
62.82062
77.26936
95.04132
116.90082
143.78801
176.85925
217.53688
267.57036
329.11155
404.80720
497.91286

23.5%
1.23500
1.52523
1.88365
2.32631
2.87299
3.54815
4.38196
5.41172
6.68348
8.25410
10.19381
12.58936
15.54785
19.20160
23.71398
29.28676
36.16915
44.66890
55.16609
68.13012
84.14070
103.91376
128.33350
158.49187
195.73746
241.73576
298.54366
368.70142
455.34626
562.35263

24.0%
1.24000
1.53760
1.90662
2.36421
2.93163
3.63522
4.50767
5.58951
6.93099
8.59443
10.65709
13.21479
16.38634
20.31906
25.19563
31.24259
38.74081
48.03860
59.56786
73.86415
91.59155
113.57352
140.83116
174.63064
216.54199
268.51207
332.95497
412.86416
511.95156
634.81993

24.5%
1.24500
1.55003
1.92978
2.40258
2.99121
3.72406
4.63645
5.77238
7.18661
8.94733
11.13943
13.86859
17.26639
21.49666
26.76334
33.32036
41.48384
51.64738
64.30099
80.05474
99.66815
124.08684
154.48812
192.33771
239.46045
298.12825
371.16968
462.10625
575.32228
716.27624

25.0%
1.25000
1.56250
1.95313
2.44141
3.05176
3.81470
4.76837
5.96046
7.45058
9.31323
11.64153
14.55192
18.18989
22.73737
28.42171
35.52714
44.40892
55.51115
69.38894
86.73617
108.42022
135.52527
169.40659
211.75824
264.69780
330.87225
413.59031
516.98788
646.23485
807.79357

Professor : Isaac Pimentel.

Curso de Matemtica Financeira - Rua Emlio Moreira, 173 - Centro
Telefone: 3232 - 1036

a
n
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

0.5%
0.99502
1.98510
2.97025
3.95050
4.92587
5.89638
6.86207
7.82296
8.77906
9.73041
10.67703
11.61893
12.55615
13.48871
14.41662
15.33993
16.25863
17.17277
18.08236
18.98742
19.88798
20.78406
21.67568
22.56287
23.44564
24.32402
25.19803
26.06769
26.93302
27.79405

1.0%
0.99010
1.97040
2.94099
3.90197
4.85343
5.79548
6.72819
7.65168
8.56602
9.47130
10.36763
11.25508
12.13374
13.00370
13.86505
14.71787
15.56225
16.39827
17.22601
18.04555
18.85698
19.66038
20.45582
21.24339
22.02316
22.79520
23.55961
24.31644
25.06579
25.80771

1.5%
0.98522
1.95588
2.91220
3.85438
4.78264
5.69719
6.59821
7.48593
8.36052
9.22218
10.07112
10.90751
11.73153
12.54338
13.34323
14.13126
14.90765
15.67256
16.42617
17.16864
17.90014
18.62082
19.33086
20.03041
20.71961
21.39863
22.06762
22.72672
23.37608
24.01584

2.0%
0.98039
1.94156
2.88388
3.80773
4.71346
5.60143
6.47199
7.32548
8.16224
8.98259
9.78685
10.57534
11.34837
12.10625
12.84926
13.57771
14.29187
14.99203
15.67846
16.35143
17.01121
17.65805
18.29220
18.91393
19.52346
20.12104
20.70690
21.28127
21.84438
22.39646

2.5%
0.97561
1.92742
2.85602
3.76197
4.64583
5.50813
6.34939
7.17014
7.97087
8.75206
9.51421
10.25776
10.98318
11.69091
12.38138
13.05500
13.71220
14.35336
14.97889
15.58916
16.18455
16.76541
17.33211
17.88499
18.42438
18.95061
19.46401
19.96489
20.45355
20.93029

3.0%
0.97087
1.91347
2.82861
3.71710
4.57971
5.41719
6.23028
7.01969
7.78611
8.53020
9.25262
9.95400
10.63496
11.29607
11.93794
12.56110
13.16612
13.75351
14.32380
14.87747
15.41502
15.93692
16.44361
16.93554
17.41315
17.87684
18.32703
18.76411
19.18845
19.60044

3.5%
0.96618
1.89969
2.80164
3.67308
4.51505
5.32855
6.11454
6.87396
7.60769
8.31661
9.00155
9.66333
10.30274
10.92052
11.51741
12.09412
12.65132
13.18968
13.70984
14.21240
14.69797
15.16712
15.62041
16.05837
16.48151
16.89035
17.28536
17.66702
18.03577
18.39205

4.0%
0.96154
1.88609
2.77509
3.62990
4.45182
5.24214
6.00205
6.73274
7.43533
8.11090
8.76048
9.38507
9.98565
10.56312
11.11839
11.65230
12.16567
12.65930
13.13394
13.59033
14.02916
14.45112
14.85684
15.24696
15.62208
15.98277
16.32959
16.66306
16.98371
17.29203

4.5%
0.95694
1.87267
2.74896
3.58753
4.38998
5.15787
5.89270
6.59589
7.26879
7.91272
8.52892
9.11858
9.68285
10.22283
10.73955
11.23402
11.70719
12.15999
12.59329
13.00794
13.40472
13.78442
14.14777
14.49548
14.82821
15.14661
15.45130
15.74287
16.02189
16.28889

5.0%
0.95238
1.85941
2.72325
3.54595
4.32948
5.07569
5.78637
6.46321
7.10782
7.72173
8.30641
8.86325
9.39357
9.89864
10.37966
10.83777
11.27407
11.68959
12.08532
12.46221
12.82115
13.16300
13.48857
13.79864
14.09394
14.37519
14.64303
14.89813
15.14107
15.37245

5.5%
0.94787
1.84632
2.69793
3.50515
4.27028
4.99553
5.68297
6.33457
6.95220
7.53763
8.09254
8.61852
9.11708
9.58965
10.03758
10.46216
10.86461
11.24607
11.60765
11.95038
12.27524
12.58317
12.87504
13.15170
13.41393
13.66250
13.89810
14.12142
14.33310
14.53375

n i=
6.0%
0.94340
1.83339
2.67301
3.46511
4.21236
4.91732
5.58238
6.20979
6.80169
7.36009
7.88687
8.38384
8.85268
9.29498
9.71225
10.10590
10.47726
10.82760
11.15812
11.46992
11.76408
12.04158
12.30338
12.55036
12.78336
13.00317
13.21053
13.40616
13.59072
13.76483

(1 + i ) n - 1
T .

n
i . (1 + i )

6.5%
0.93897
1.82063
2.64848
3.42580
4.15568
4.84101
5.48452
6.08875
6.65610
7.18883
7.68904
8.15873
8.59974
9.01384
9.40267
9.76776
10.11058
10.43247
10.73471
11.01851
11.28498
11.53520
11.77014
11.99074
12.19788
12.39237
12.57500
12.74648
12.90749
13.05868

7.0%
0.93458
1.80802
2.62432
3.38721
4.10020
4.76654
5.38929
5.97130
6.51523
7.02358
7.49867
7.94269
8.35765
8.74547
9.10791
9.44665
9.76322
10.05909
10.33560
10.59401
10.83553
11.06124
11.27219
11.46933
11.65358
11.82578
11.98671
12.13711
12.27767
12.40904

7.5%
0.93023
1.79557
2.60053
3.34933
4.04588
4.69385
5.29660
5.85730
6.37889
6.86408
7.31542
7.73528
8.12584
8.48915
8.82712
9.14151
9.43396
9.70601
9.95908
10.19449
10.41348
10.61719
10.80669
10.98297
11.14695
11.29948
11.44138
11.57338
11.69617
11.81039

8.0%
0.92593
1.78326
2.57710
3.31213
3.99271
4.62288
5.20637
5.74664
6.24689
6.71008
7.13896
7.53608
7.90378
8.24424
8.55948
8.85137
9.12164
9.37189
9.60360
9.81815
10.01680
10.20074
10.37106
10.52876
10.67478
10.80998
10.93516
11.05108
11.15841
11.25778

8.5%
0.92166
1.77111
2.55402
3.27560
3.94064
4.55359
5.11851
5.63918
6.11906
6.56135
6.96898
7.34469
7.69095
8.01010
8.30424
8.57533
8.82519
9.05548
9.26772
9.46334
9.64363
9.80980
9.96295
10.10410
10.23419
10.35409
10.46460
10.56645
10.66033
10.74684

9.0%
0.91743
1.75911
2.53129
3.23972
3.88965
4.48592
5.03295
5.53482
5.99525
6.41766
6.80519
7.16073
7.48690
7.78615
8.06069
8.31256
8.54363
8.75563
8.95011
9.12855
9.29224
9.44243
9.58021
9.70661
9.82258
9.92897
10.02658
10.11613
10.19828
10.27365

9.5%
0.91324
1.74725
2.50891
3.20448
3.83971
4.41983
4.94961
5.43344
5.87528
6.27880
6.64730
6.98384
7.29118
7.57185
7.82818
8.06226
8.27604
8.47127
8.64956
8.81238
8.96108
9.09688
9.22089
9.33415
9.43758
9.53203
9.61830
9.69707
9.76902
9.83472

10.0%
0.90909
1.73554
2.48685
3.16987
3.79079
4.35526
4.86842
5.33493
5.75902
6.14457
6.49506
6.81369
7.10336
7.36669
7.60608
7.82371
8.02155
8.20141
8.36492
8.51356
8.64869
8.77154
8.88322
8.98474
9.07704
9.16095
9.23722
9.30657
9.36961
9.42691

10.5%
0.90498
1.72396
2.46512
3.13586
3.74286
4.29218
4.78930
5.23919
5.64632
6.01477
6.34821
6.64996
6.92304
7.17018
7.39382
7.59622
7.77939
7.94515
8.09515
8.23091
8.35376
8.46494
8.56556
8.65662
8.73902
8.81359
8.88108
8.94215
8.99742
9.04744

11.0%
0.90090
1.71252
2.44371
3.10245
3.69590
4.23054
4.71220
5.14612
5.53705
5.88923
6.20652
6.49236
6.74987
6.98187
7.19087
7.37916
7.54879
7.70162
7.83929
7.96333
8.07507
8.17574
8.26643
8.34814
8.42174
8.48806
8.54780
8.60162
8.65011
8.69379

11.5%
0.89686
1.70122
2.42262
3.06961
3.64988
4.17029
4.63704
5.05564
5.43106
5.76777
6.06975
6.34058
6.58348
6.80133
6.99671
7.17194
7.32909
7.47004
7.59644
7.70982
7.81149
7.90269
7.98447
8.05782
8.12361
8.18261
8.23552
8.28298
8.32554
8.36371

12.0%
0.89286
1.69005
2.40183
3.03735
3.60478
4.11141
4.56376
4.96764
5.32825
5.65022
5.93770
6.19437
6.42355
6.62817
6.81086
6.97399
7.11963
7.24967
7.36578
7.46944
7.56200
7.64465
7.71843
7.78432
7.84314
7.89566
7.94255
7.98442
8.02181
8.05518

n
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

12.5%
0.88889
1.67901
2.38134
3.00564
3.56057
4.05384
4.49230
4.88205
5.22848
5.53643
5.81016
6.05348
6.26976
6.46201
6.63289
6.78479
6.91982
7.03984
7.14652
7.24135
7.32565
7.40058
7.46718
7.52638
7.57901
7.62578
7.66736
7.70432
7.73717
7.76638

13.0%
0.88496
1.66810
2.36115
2.97447
3.51723
3.99755
4.42261
4.79877
5.13166
5.42624
5.68694
5.91765
6.12181
6.30249
6.46238
6.60388
6.72909
6.83991
6.93797
7.02475
7.10155
7.16951
7.22966
7.28288
7.32998
7.37167
7.40856
7.44120
7.47009
7.49565

13.5%
0.88106
1.65732
2.34125
2.94383
3.47474
3.94250
4.35463
4.71774
5.03765
5.31952
5.56786
5.78666
5.97943
6.14928
6.29893
6.43077
6.54694
6.64928
6.73946
6.81890
6.88890
6.95057
7.00491
7.05279
7.09497
7.13213
7.16487
7.19372
7.21914
7.24153

14.0%
0.87719
1.64666
2.32163
2.91371
3.43308
3.88867
4.28830
4.63886
4.94637
5.21612
5.45273
5.66029
5.84236
6.00207
6.14217
6.26506
6.37286
6.46742
6.55037
6.62313
6.68696
6.74294
6.79206
6.83514
6.87293
6.90608
6.93515
6.96066
6.98304
7.00266

14.5%
0.87336
1.63612
2.30229
2.88410
3.39223
3.83600
4.22358
4.56208
4.85771
5.11591
5.34140
5.53834
5.71034
5.86056
5.99176
6.10634
6.20641
6.29381
6.37014
6.43680
6.49502
6.54587
6.59028
6.62907
6.66294
6.69252
6.71836
6.74093
6.76064
6.77785

15.0%
0.86957
1.62571
2.28323
2.85498
3.35216
3.78448
4.16042
4.48732
4.77158
5.01877
5.23371
5.42062
5.58315
5.72448
5.84737
5.95423
6.04716
6.12797
6.19823
6.25933
6.31246
6.35866
6.39884
6.43377
6.46415
6.49056
6.51353
6.53351
6.55088
6.56598

15.5%
0.86580
1.61541
2.26443
2.82634
3.31285
3.73407
4.09876
4.41451
4.68789
4.92458
5.12951
5.30693
5.46055
5.59355
5.70870
5.80840
5.89472
5.96945
6.03416
6.09018
6.13868
6.18068
6.21704
6.24852
6.27577
6.29937
6.31980
6.33749
6.35281
6.36607

16.0%
0.86207
1.60523
2.24589
2.79818
3.27429
3.68474
4.03857
4.34359
4.60654
4.83323
5.02864
5.19711
5.34233
5.46753
5.57546
5.66850
5.74870
5.81785
5.87746
5.92884
5.97314
6.01133
6.04425
6.07263
6.09709
6.11818
6.13636
6.15204
6.16555
6.17720

16.5%
0.85837
1.59517
2.22761
2.77048
3.23646
3.63645
3.97979
4.27449
4.52746
4.74460
4.93099
5.09098
5.22831
5.34619
5.44737
5.53422
5.60878
5.67277
5.72770
5.77485
5.81532
5.85006
5.87988
5.90548
5.92745
5.94631
5.96250
5.97639
5.98832
5.99856

17.0%
0.85470
1.58521
2.20958
2.74324
3.19935
3.58918
3.92238
4.20716
4.45057
4.65860
4.83641
4.98839
5.11828
5.22930
5.32419
5.40529
5.47461
5.53385
5.58449
5.62777
5.66476
5.69637
5.72340
5.74649
5.76623
5.78311
5.79753
5.80985
5.82039
5.82939

17.5%
0.85106
1.57537
2.19181
2.71643
3.16292
3.54291
3.86631
4.14154
4.37578
4.57513
4.74479
4.88918
5.01207
5.11666
5.20567
5.28142
5.34589
5.40075
5.44745
5.48719
5.52101
5.54980
5.57430
5.59515
5.61289
5.62799
5.64084
5.65178
5.66109
5.66901

18.0%
0.84746
1.56564
2.17427
2.69006
3.12717
3.49760
3.81153
4.07757
4.30302
4.49409
4.65601
4.79322
4.90951
5.00806
5.09158
5.16235
5.22233
5.27316
5.31624
5.35275
5.38368
5.40990
5.43212
5.45095
5.46691
5.48043
5.49189
5.50160
5.50983
5.51681

18.5%
0.84388
1.55602
2.15698
2.66412
3.09208
3.45323
3.75800
4.01519
4.23223
4.41538
4.56994
4.70037
4.81044
4.90333
4.98171
5.04786
5.10368
5.15078
5.19053
5.22408
5.25239
5.27628
5.29644
5.31345
5.32780
5.33992
5.35014
5.35877
5.36605
5.37219

19.0%
0.84034
1.54650
2.13992
2.63859
3.05763
3.40978
3.70570
3.95437
4.16333
4.33893
4.48650
4.61050
4.71471
4.80228
4.87586
4.93770
4.98966
5.03333
5.07003
5.10086
5.12677
5.14855
5.16685
5.18223
5.19515
5.20601
5.21513
5.22280
5.22924
5.23466

19.5%
0.83682
1.53709
2.12309
2.61346
3.02382
3.36721
3.65457
3.89504
4.09627
4.26466
4.40557
4.52349
4.62217
4.70474
4.77384
4.83167
4.88006
4.92055
4.95443
4.98279
5.00652
5.02638
5.04299
5.05690
5.06853
5.07827
5.08642
5.09324
5.09894
5.10372

20.0%
0.83333
1.52778
2.10648
2.58873
2.99061
3.32551
3.60459
3.83716
4.03097
4.19247
4.32706
4.43922
4.53268
4.61057
4.67547
4.72956
4.77463
4.81219
4.84350
4.86958
4.89132
4.90943
4.92453
4.93710
4.94759
4.95632
4.96360
4.96967
4.97472
4.97894

20.5%
0.82988
1.51857
2.09010
2.56440
2.95801
3.28465
3.55573
3.78069
3.96738
4.12230
4.25087
4.35757
4.44612
4.51960
4.58058
4.63119
4.67318
4.70804
4.73696
4.76096
4.78088
4.79741
4.81113
4.82252
4.83196
4.83980
4.84631
4.85171
4.85619
4.85991

21.0%
0.82645
1.50946
2.07393
2.54044
2.92598
3.24462
3.50795
3.72558
3.90543
4.05408
4.17692
4.27845
4.36235
4.43170
4.48901
4.53637
4.57551
4.60786
4.63460
4.65669
4.67495
4.69004
4.70251
4.71282
4.72134
4.72838
4.73420
4.73901
4.74298
4.74627

21.5%
0.82305
1.50045
2.05798
2.51686
2.89453
3.20538
3.46122
3.67178
3.84509
3.98773
4.10513
4.20175
4.28128
4.34673
4.40060
4.44494
4.48143
4.51147
4.53619
4.55653
4.57328
4.58706
4.59840
4.60774
4.61542
4.62175
4.62695
4.63124
4.63476
4.63766

22.0%
0.81967
1.49153
2.04224
2.49364
2.86364
3.16692
3.41551
3.61927
3.78628
3.92318
4.03540
4.12737
4.20277
4.26456
4.31522
4.35673
4.39077
4.41866
4.44152
4.46027
4.47563
4.48822
4.49854
4.50700
4.51393
4.51962
4.52428
4.52810
4.53123
4.53379

22.5%
0.81633
1.48272
2.02671
2.47078
2.83329
3.12922
3.37079
3.56799
3.72897
3.86039
3.96766
4.05523
4.12672
4.18508
4.23272
4.27161
4.30335
4.32927
4.35042
4.36769
4.38179
4.39330
4.40269
4.41036
4.41662
4.42173
4.42590
4.42931
4.43209
4.43436

23.0%
0.81301
1.47399
2.01137
2.44827
2.80347
3.09225
3.32704
3.51792
3.67310
3.79927
3.90185
3.98524
4.05304
4.10816
4.15298
4.18941
4.21904
4.24312
4.26270
4.27862
4.29156
4.30208
4.31063
4.31759
4.32324
4.32784
4.33158
4.33462
4.33709
4.33909

23.5%
0.80972
1.46536
1.99624
2.42611
2.77417
3.05601
3.28422
3.46900
3.61863
3.73978
3.83788
3.91731
3.98163
4.03371
4.07588
4.11002
4.13767
4.16006
4.17818
4.19286
4.20475
4.21437
4.22216
4.22847
4.23358
4.23772
4.24107
4.24378
4.24597
4.24775

24.0%
0.80645
1.45682
1.98130
2.40428
2.74538
3.02047
3.24232
3.42122
3.56550
3.68186
3.77569
3.85136
3.91239
3.96160
4.00129
4.03330
4.05911
4.07993
4.09672
4.11026
4.12117
4.12998
4.13708
4.14281
4.14742
4.15115
4.15415
4.15657
4.15853
4.16010

24.5%
0.80321
1.44836
1.96656
2.38278
2.71709
2.98561
3.20130
3.37454
3.51368
3.62545
3.71522
3.78732
3.84524
3.89176
3.92912
3.95914
3.98324
4.00260
4.01816
4.03065
4.04068
4.04874
4.05521
4.06041
4.06459
4.06794
4.07064
4.07280
4.07454
4.07593

25.0%
0.80000
1.44000
1.95200
2.36160
2.68928
2.95142
3.16114
3.32891
3.46313
3.57050
3.65640
3.72512
3.78010
3.82408
3.85926
3.88741
3.90993
3.92794
3.94235
3.95388
3.96311
3.97049
3.97639
3.98111
3.98489
3.98791
3.99033
3.99226
3.99381
3.99505

Professor : Isaac Pimentel.

Curso de Matemtica Financeira - Rua Emlio Moreira, 173 - Centro
Telefone: 3232 - 1036

s
n
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

0.5%
1.00000
2.00500
3.01502
4.03010
5.05025
6.07550
7.10588
8.14141
9.18212
10.22803
11.27917
12.33556
13.39724
14.46423
15.53655
16.61423
17.69730
18.78579
19.87972
20.97912
22.08401
23.19443
24.31040
25.43196
26.55912
27.69191
28.83037
29.97452
31.12439
32.28002

1.0%
1.00000
2.01000
3.03010
4.06040
5.10101
6.15202
7.21354
8.28567
9.36853
10.46221
11.56683
12.68250
13.80933
14.94742
16.09690
17.25786
18.43044
19.61475
20.81090
22.01900
23.23919
24.47159
25.71630
26.97346
28.24320
29.52563
30.82089
32.12910
33.45039
34.78489

1.5%
1.00000
2.01500
3.04522
4.09090
5.15227
6.22955
7.32299
8.43284
9.55933
10.70272
11.86326
13.04121
14.23683
15.45038
16.68214
17.93237
19.20136
20.48938
21.79672
23.12367
24.47052
25.83758
27.22514
28.63352
30.06302
31.51397
32.98668
34.48148
35.99870
37.53868

2.0%
1.00000
2.02000
3.06040
4.12161
5.20404
6.30812
7.43428
8.58297
9.75463
10.94972
12.16872
13.41209
14.68033
15.97394
17.29342
18.63929
20.01207
21.41231
22.84056
24.29737
25.78332
27.29898
28.84496
30.42186
32.03030
33.67091
35.34432
37.05121
38.79223
40.56808

2.5%
1.00000
2.02500
3.07563
4.15252
5.25633
6.38774
7.54743
8.73612
9.95452
11.20338
12.48347
13.79555
15.14044
16.51895
17.93193
19.38022
20.86473
22.38635
23.94601
25.54466
27.18327
28.86286
30.58443
32.34904
34.15776
36.01171
37.91200
39.85980
41.85630
43.90270

3.0%
1.00000
2.03000
3.09090
4.18363
5.30914
6.46841
7.66246
8.89234
10.15911
11.46388
12.80780
14.19203
15.61779
17.08632
18.59891
20.15688
21.76159
23.41444
25.11687
26.87037
28.67649
30.53678
32.45288
34.42647
36.45926
38.55304
40.70963
42.93092
45.21885
47.57542

3.5%
1.00000
2.03500
3.10622
4.21494
5.36247
6.55015
7.77941
9.05169
10.36850
11.73139
13.14199
14.60196
16.11303
17.67699
19.29568
20.97103
22.70502
24.49969
26.35718
28.27968
30.26947
32.32890
34.46041
36.66653
38.94986
41.31310
43.75906
46.29063
48.91080
51.62268

4.0%
1.00000
2.04000
3.12160
4.24646
5.41632
6.63298
7.89829
9.21423
10.58280
12.00611
13.48635
15.02581
16.62684
18.29191
20.02359
21.82453
23.69751
25.64541
27.67123
29.77808
31.96920
34.24797
36.61789
39.08260
41.64591
44.31174
47.08421
49.96758
52.96629
56.08494

4.5%
1.00000
2.04500
3.13703
4.27819
5.47071
6.71689
8.01915
9.38001
10.80211
12.28821
13.84118
15.46403
17.15991
18.93211
20.78405
22.71934
24.74171
26.85508
29.06356
31.37142
33.78314
36.30338
38.93703
41.68920
44.56521
47.57064
50.71132
53.99333
57.42303
61.00707

5.0%
1.00000
2.05000
3.15250
4.31013
5.52563
6.80191
8.14201
9.54911
11.02656
12.57789
14.20679
15.91713
17.71298
19.59863
21.57856
23.65749
25.84037
28.13238
30.53900
33.06595
35.71925
38.50521
41.43048
44.50200
47.72710
51.11345
54.66913
58.40258
62.32271
66.43885

5.5%
1.00000
2.05500
3.16803
4.34227
5.58109
6.88805
8.26689
9.72157
11.25626
12.87535
14.58350
16.38559
18.28680
20.29257
22.40866
24.64114
26.99640
29.48120
32.10267
34.86832
37.78608
40.86431
44.11185
47.53800
51.15259
54.96598
58.98911
63.23351
67.71135
72.43548

6.0%
1.00000
2.06000
3.18360
4.37462
5.63709
6.97532
8.39384
9.89747
11.49132
13.18079
14.97164
16.86994
18.88214
21.01507
23.27597
25.67253
28.21288
30.90565
33.75999
36.78559
39.99273
43.39229
46.99583
50.81558
54.86451
59.15638
63.70577
68.52811
73.63980
79.05819

6.5%
1.00000
2.06500
3.19923
4.40717
5.69364
7.06373
8.52287
10.07686
11.73185
13.49442
15.37156
17.37071
19.49981
21.76730
24.18217
26.75401
29.49302
32.41007
35.51672
38.82531
42.34895
46.10164
50.09824
54.35463
58.88768
63.71538
68.85688
74.33257
80.16419
86.37486

n i=

(1

+ i

)n
i

7.0%
7.5%
8.0%
8.5%
1.00000
1.00000
1.00000
1.00000
2.07000
2.07500
2.08000
2.08500
3.21490
3.23063
3.24640
3.26223
4.43994
4.47292
4.50611
4.53951
5.75074
5.80839
5.86660
5.92537
7.15329
7.24402
7.33593
7.42903
8.65402
8.78732
8.92280
9.06050
10.25980 10.44637 10.63663 10.83064
11.97799 12.22985 12.48756 12.75124
13.81645 14.14709 14.48656 14.83510
15.78360 16.20812 16.64549 17.09608
17.88845 18.42373 18.97713 19.54925
20.14064 20.80551 21.49530 22.21094
22.55049 23.36592 24.21492 25.09887
25.12902 26.11836 27.15211 28.23227
27.88805 29.07724 30.32428 31.63201
30.84022 32.25804 33.75023 35.32073
33.99903 35.67739 37.45024 39.32300
37.37896 39.35319 41.44626 43.66545
40.99549 43.30468 45.76196 48.37701
44.86518 47.55253 50.42292 53.48906
49.00574 52.11897 55.45676 59.03563
53.43614 57.02790 60.89330 65.05366
58.17667 62.30499 66.76476 71.58322
63.24904 67.97786 73.10594 78.66779
68.67647 74.07620 79.95442 86.35455
74.48382 80.63192 87.35077 94.69469
80.69769 87.67931 95.33883 103.74374
87.34653 95.25526 103.96594 113.56196
94.46079 103.39940 113.28321 124.21473

- 1
9.0%
1.00000
2.09000
3.27810
4.57313
5.98471
7.52333
9.20043
11.02847
13.02104
15.19293
17.56029
20.14072
22.95338
26.01919
29.36092
33.00340
36.97370
41.30134
46.01846
51.16012
56.76453
62.87334
69.53194
76.78981
84.70090
93.32398
102.72313
112.96822
124.13536
136.30754

9.5%
1.00000
2.09500
3.29403
4.60696
6.04462
7.61886
9.34265
11.23020
13.29707
15.56029
18.03852
20.75218
23.72363
26.97738
30.54023
34.44155
38.71350
43.39128
48.51345
54.12223
60.26384
66.98891
74.35286
82.41638
91.24593
100.91430
111.50116
123.09377
135.78767
149.68750

10.0%
1.00000
2.10000
3.31000
4.64100
6.10510
7.71561
9.48717
11.43589
13.57948
15.93742
18.53117
21.38428
24.52271
27.97498
31.77248
35.94973
40.54470
45.59917
51.15909
57.27500
64.00250
71.40275
79.54302
88.49733
98.34706
109.18177
121.09994
134.20994
148.63093
164.49402

10.5%
1.00000
2.10500
3.32603
4.67526
6.16616
7.81361
9.63404
11.64561
13.86840
16.32458
19.03866
22.03772
25.35168
29.01361
33.06004
37.53134
42.47213
47.93170
53.96453
60.63081
67.99704
76.13673
85.13109
95.06985
106.05219
118.18767
131.59737
146.41510
162.78868
180.88149

11.0%
1.00000
2.11000
3.34210
4.70973
6.22780
7.91286
9.78327
11.85943
14.16397
16.72201
19.56143
22.71319
26.21164
30.09492
34.40536
39.18995
44.50084
50.39594
56.93949
64.20283
72.26514
81.21431
91.14788
102.17415
114.41331
127.99877
143.07864
159.81729
178.39719
199.02088

11.5%
1.00000
2.11500
3.35823
4.74442
6.29003
8.01338
9.93492
12.07744
14.46634
17.12997
20.09992
23.41141
27.10372
31.22065
35.81102
40.92929
46.63616
52.99932
60.09424
68.00508
76.82566
86.66062
97.62659
109.85364
123.48681
138.68780
155.63689
174.53513
195.60668
219.10144

12.0%
1.00000
2.12000
3.37440
4.77933
6.35285
8.11519
10.08901
12.29969
14.77566
17.54874
20.65458
24.13313
28.02911
32.39260
37.27971
42.75328
48.88367
55.74971
63.43968
72.05244
81.69874
92.50258
104.60289
118.15524
133.33387
150.33393
169.37401
190.69889
214.58275
241.33268

12.5%
1.00000
2.12500
3.39063
4.81445
6.41626
8.21829
10.24558
12.52628
15.09206
17.97857
21.22589
24.87913
28.98902
33.61264
38.81422
44.66600
51.24925
58.65541
66.98733
76.36075
86.90584
98.76908
112.11521
127.12961
144.02081
163.02341
184.40134
208.45151
235.50795
265.94644

13.0%
1.00000
2.13000
3.40690
4.84980
6.48027
8.32271
10.40466
12.75726
15.41571
18.41975
21.81432
25.65018
29.98470
34.88271
40.41746
46.67173
53.73906
61.72514
70.74941
80.94683
92.46992
105.49101
120.20484
136.83147
155.61956
176.85010
200.84061
227.94989
258.58338
293.19922

13.5%
1.00000
2.13500
3.42323
4.88536
6.54488
8.42844
10.56628
12.99273
15.74675
18.87256
22.42036
26.44711
31.01746
36.20482
42.09247
48.77496
56.35958
64.96812
74.73882
85.82856
98.41541
112.70149
128.91619
147.31988
168.20806
191.91615
218.82483
249.36618
284.03062
323.37475

n
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

14.0%
1.00000
2.14000
3.43960
4.92114
6.61010
8.53552
10.73049
13.23276
16.08535
19.33730
23.04452
27.27075
32.08865
37.58107
43.84241
50.98035
59.11760
68.39407
78.96923
91.02493
104.76842
120.43600
138.29704
158.65862
181.87083
208.33274
238.49933
272.88923
312.09373
356.78685

14.5%
1.00000
2.14500
3.45603
4.95715
6.67594
8.64395
10.89732
13.47743
16.43166
19.81425
23.68731
28.12197
33.19966
39.01361
45.67058
53.29282
62.02027
72.01321
83.45513
96.55612
111.55676
128.73249
148.39871
170.91652
196.69941
226.22083
260.02285
298.72616
343.04145
393.78246

15.0%
1.00000
2.15000
3.47250
4.99338
6.74238
8.75374
11.06680
13.72682
16.78584
20.30372
24.34928
29.00167
34.35192
40.50471
47.58041
55.71747
65.07509
75.83636
88.21181
102.44358
118.81012
137.63164
159.27638
184.16784
212.79302
245.71197
283.56877
327.10408
377.16969
434.74515

15.5%
1.00000
2.15500
3.48903
5.02982
6.80945
8.86491
11.23897
13.98101
17.14807
20.80602
25.03095
29.91075
35.54692
42.05669
49.57548
58.25968
68.28993
79.87486
93.25547
108.71007
126.56013
147.17695
170.98937
198.49272
230.25910
266.94926
309.32639
358.27198
414.80414
480.09878

16.0%
1.00000
2.16000
3.50560
5.06650
6.87714
8.97748
11.41387
14.24009
17.51851
21.32147
25.73290
30.85017
36.78620
43.67199
51.65951
60.92503
71.67303
84.14072
98.60323
115.37975
134.84051
157.41499
183.60138
213.97761
249.21402
290.08827
337.50239
392.50277
456.30322
530.31173

16.5%
1.00000
2.16500
3.52223
5.10339
6.94545
9.09145
11.59154
14.50415
17.89733
21.85039
26.45570
31.82089
38.07134
45.35311
53.83638
63.71938
75.23307
88.64653
104.27321
122.47829
143.68721
168.39560
197.18087
230.71571
269.78381
315.29813
368.32233
430.09551
502.06127
585.90138

17.0%
1.00000
2.17000
3.53890
5.14051
7.01440
9.20685
11.77201
14.77325
18.28471
22.39311
27.19994
32.82393
39.40399
47.10267
56.11013
66.64885
78.97915
93.40561
110.28456
130.03294
153.13854
180.17209
211.80134
248.80757
292.10486
342.76268
402.03234
471.37783
552.51207
647.43912

17.5%
1.00000
2.17500
3.55563
5.17786
7.08398
9.32368
11.95533
15.04751
18.68082
22.94997
27.96621
33.86030
40.78585
48.92337
58.48496
69.71983
82.92080
98.43194
116.65753
138.07260
163.23531
192.80149
227.54175
268.36155
316.32482
372.68167
438.90096
516.70863
608.13264
715.55585

18.0%
1.00000
2.18000
3.57240
5.21543
7.15421
9.44197
12.14152
15.32700
19.08585
23.52131
28.75514
34.93107
42.21866
50.81802
60.96527
72.93901
87.06804
103.74028
123.41353
146.62797
174.02100
206.34479
244.48685
289.49448
342.60349
405.27211
479.22109
566.48089
669.44745
790.94799

18.5%
1.00000
2.18500
3.58923
5.25323
7.22508
9.56172
12.33064
15.61181
19.49999
24.10749
29.56737
36.03734
43.70424
52.78953
63.55559
76.31338
91.43135
109.34615
130.57519
155.73160
185.54194
220.86720
262.72763
312.33225
371.11371
440.76975
523.31215
621.12490
737.03300
874.38411

19.0%
19.5%
20.0%
20.5%
21.0%
21.5%
22.0%
22.5%
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
2.19000
2.19500
2.20000
2.20500
2.21000
2.21500
2.22000
2.22500
3.60610
3.62303
3.64000
3.65703
3.67410
3.69123
3.70840
3.72563
5.29126
5.32951
5.36800
5.40672
5.44566
5.48484
5.52425
5.56389
7.29660
7.36877
7.44160
7.51509
7.58925
7.66408
7.73958
7.81577
9.68295
9.80568
9.92992
10.05569
10.18299
10.31186
10.44229
10.57431
12.52271
12.71779
12.91590
13.11710
13.32142
13.52890
13.73959
13.95353
15.90203
16.19776
16.49908
16.80611
17.11892
17.43762
17.76231
18.09308
19.92341
20.35632
20.79890
21.25136
21.71389
22.18671
22.67001
23.16402
24.70886
25.32580
25.95868
26.60789
27.27381
27.95685
28.65742
29.37593
30.40355
31.26433
32.15042
33.06250
34.00131
34.96757
35.96205
36.98551
37.18022
38.36088
39.58050
40.84032
42.14158
43.48560
44.87370
46.30725
45.24446
46.84125
48.49660
50.21258
51.99132
53.83500
55.74591
57.72638
54.84091
56.97529
59.19592
61.50616
63.90949
66.40953
69.01001
71.71482
66.26068
69.08547
72.03511
75.11493
78.33049
81.68758
85.19221
88.85065
79.85021
83.55714
87.44213
91.51348
95.77989 100.25041 104.93450 109.84205
96.02175 100.85079 105.93056 111.27375 116.89367 122.80424 129.02009 135.55651
115.26588 121.51669 128.11667 135.08487 142.44134 150.20716 158.40451 167.05672
138.16640 146.21244 154.74000 163.77727 173.35402 183.50170 194.25350 205.64448
165.41802 175.72387 186.68800 198.35160 210.75836 223.95456 237.98927 252.91449
197.84744 210.99002 225.02560 240.01368 256.01762 273.10479 291.34691 310.82025
236.43846 253.13308 271.03072 290.21649 310.78131 332.82232 356.44323 381.75481
282.36176 303.49403 326.23686 350.71087 377.04539 405.37912 435.86075 468.64964
337.01050 363.67536 392.48424 423.60660 457.22492 493.53563 532.75011 575.09581
402.04249 435.59206 471.98108 511.44595 554.24216 600.64579 650.95513 705.49237
479.43056 521.53251 567.37730 617.29237 671.63301 730.78464 795.16526 865.22816
571.52237 624.23135 681.85276 744.83731 813.67594 888.90333 971.10162 1060.90449
681.11162 746.95647 819.22331 898.52895 985.54789 1081.01755 1185.74398 1300.60800
811.52283 893.61298 984.06797 1083.72739 1193.51295 1314.43632 1447.60765 1594.24480
966.71217 1068.86751 1181.88157 1306.89150 1445.15066 1598.04013 1767.08134 1953.94988

23.0%
1.00000
2.23000
3.74290
5.60377
7.89263
10.70794
14.17077
18.43004
23.66895
30.11281
38.03876
47.78767
59.77883
74.52796
92.66940
114.98336
142.42953
176.18832
217.71163
268.78531
331.60593
408.87530
503.91662
620.81744
764.60545
941.46470
1159.00158
1426.57194
1755.68349
2160.49070

23.5%
1.00000
2.23500
3.76023
5.64388
7.97019
10.84318
14.39133
18.77329
24.18502
30.86850
39.12260
49.31641
61.90576
77.45361
96.65521
120.36919
149.65595
185.82510
230.49399
285.66008
353.79020
437.93090
541.84466
670.17816
828.67003
1024.40748
1266.14324
1564.68690
1933.38832
2388.73458

24.0%
1.00000
2.24000
3.77760
5.68422
8.04844
10.98006
14.61528
19.12294
24.71245
31.64344
40.23787
50.89495
64.10974
80.49608
100.81514
126.01077
157.25336
195.99416
244.03276
303.60062
377.46477
469.05632
582.62984
723.46100
898.09164
1114.63363
1383.14570
1716.10067
2128.96483
2640.91639

24.5%
1.00000
2.24500
3.79503
5.72481
8.12738
11.11859
14.84265
19.47910
25.25148
32.43809
41.38542
52.52485
66.39343
83.65982
105.15648
131.91982
165.24017
206.72401
258.37140
322.67239
402.72713
502.39527
626.48211
780.97023
973.30794
1212.76839
1510.89664
1882.06632
2344.17256
2919.49484

25.0%
1.00000
2.25000
3.81250
5.76563
8.20703
11.25879
15.07349
19.84186
25.80232
33.25290
42.56613
54.20766
68.75958
86.94947
109.68684
138.10855
173.63568
218.04460
273.55576
342.94470
429.68087
538.10109
673.62636
843.03295
1054.79118
1319.48898
1650.36123
2063.95153
2580.93941
3227.17427