Modeling for investment on scenarios TIIE 28 and TIIE 91 days

  • Elena Moreno-García UCC Business School at Universidad Cristóbal Colón, Veracruz, México.Carretera Veracruz-Medellín S/N Col. Puente Moreno C.P. 94271 Boca del Río, Veracruz
  • Arturo García-Santillán
  • Mayra Guerra-Castro MBA student at UCC Business School Universidad Cristóbal Colón. Veracruz, México
  • Enrique García-Zárate MBA student at UCC Business School Universidad Cristóbal Colón. Veracruz, México
  • Sergio Manríquez-Gallardo MBA student at UCC Business School Universidad Cristóbal Colón. Veracruz, México
Keywords: Investment, early annuity, savings, compounded interest, interest rate.

Abstract

This article presents through mathematical modeling two hypothetical scenarios of investment with monthly savings in the format of early annuity. In both cases, the term is referenced to one year, with deposits in different periods and changing effective rates. The development of modeling used information got from official sources about interest rates. The result seeks to determine the most profitable scenario based on the interest rate and its capitalization.

Author Biography

Elena Moreno-García, UCC Business School at Universidad Cristóbal Colón, Veracruz, México.Carretera Veracruz-Medellín S/N Col. Puente Moreno C.P. 94271 Boca del Río, Veracruz
Researcher Professor

References

García-Santillán, A. :(2014) Matemáticas Financieras para la toma de decisión [FinancialMathformakingdecisions], Electronicedition. Full text at Universidad de Málaga,ISBN-13: 978-84-16036-61-5 Registered at Biblioteca Nacional de España Nº 2014/60144.

Moreno, E.; García-Santillán, A.; Munguía, J. (2013). Some aspects about financial knowledge of undergraduate students.International Journal of Management and Sustainability Vol.3 Issue 4 pp 40-62

Van Horne, J. (2014) Financial Management. Ed. Pearson

Villagómez Amezcua, A. (1993) Los determinantes del ahorro en México[Determinants of saving in Mexico]. Nueva Época.

Published
2016-02-26
How to Cite
Moreno-García, E., García-Santillán, A., Guerra-Castro, M., García-Zárate, E., & Manríquez-Gallardo, S. (2016). Modeling for investment on scenarios TIIE 28 and TIIE 91 days. Journal of Progressive Research in Mathematics, 6(4), 849-863. Retrieved from http://scitecresearch.com/journals/index.php/jprm/article/view/618
Section
Articles