Operation Manual
8: Outros Exemplos 111
Hipóteses em Cálculos TVM
8PGRVDVSHFWRVPDLVYDOLRVRVGDDSOLFDomR790GD+3%,,pD
IDFLOLGDGHGHOLGDUFRPKLSyWHVHVHPFiOFXORVILQDQFHLURV3RUH[HPSOR
XPDGDVKLSyWHVHVPDLVSRSXODUHVp´(VHDVWD[DVGHMXURVPXGDVVHP
SDUD«"&RPRLVVRDIHWDULDPHXSDJDPHQWR"µ3DUDUHVSRQGHUHVVD
TXHVWmRGHSRLVGHWHUFDOFXODGRXPSDJDPHQWREDVHDGRHPXPDWD[DGH
MXURWXGRRTXHYRFrSUHFLVDID]HUpLQFOXLUDQRYDWD[DGHMXURH
UHFDOFXODU307
$OJXQVGRVH[HPSORVDQWHULRUHVGHVWHPDQXDOLQFOXtUDPDOJXQVEUHYHV
HQFRQWURVFRPTXHVW}HVKLSRWpWLFDV3RUpPYHMDXPH[HPSORPDLV
FRPSOHWRDEDL[R
Exemplo. 9RFrLUiFRQWUDWDUXPDKLSRWHFDGHSRUDQRVSDUD
XPDFDVDGHSUDLD$WD[DGHMXURDQXDOpGH
Parte 1.4XDOVHUiRYDORUGRVSDJDPHQWRVDRILPGRVPHVHV"
&RQILJXUHRPRGR(QG3UHVVLRQH
VHDLQGLFDomRBEGINHVWLYHU
VHQGRH[LELGD
Parte 2.$IROKDGHSDJDPHQWRUHJXODUGHVXDHPSUHVDpJHUDGDDFDGD
GXDVVHPDQDVjVVH[WDVIHLUDV2EDQFRFRQFRUGDHPUHWLUDU
DXWRPDWLFDPHQWHSDJDPHQWRVGHGHFDGDIROKDGHSDJDPHQWR
DSUR[LPDGDPHQWHPHWDGHGRTXHVHULDXPSDJDPHQWRPHQVDOHDMXVWDU
RSHUtRGRGHSDJDPHQWRGHDFRUGRSHUtRGRVGHFRPSRVLomRSRUDQR
4XDOVHULDRQRYRWHUPRGRHPSUpVWLPR"
Teclas: Visor: Descrição:
12,00
'HILQHRVSDJDPHQWRV
SRUDQR
735.000,00
$UPD]HQDYDORUHV
FRQKHFLGRV
11,20
360,00
0,00
–7.110,88
&DOFXODRSDJDPHQWR
CHAPT_8.FM Page 111 Sunday, June 25, 2000 2:38 PM










