瑾茬▼鎺ㄨ枽锛�2013骞存渻(hu矛)瑷�(j矛)鑱风ū鑰冭│鍏ㄦ柊楂樻晥淇濋亷濂楅

             鑷ㄨ€冩矕闂�(gu膩n)濂楅

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銆€銆€涓€銆佹蹇�

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銆€銆€璨�(c谩i)鍕�(w霉)绠＄悊鏈€鍩烘湰鐨勮蹇垫槸璨ㄥ梗鍏锋湁鏅�(sh铆)闁撳児(ji脿)鍊�锛屼絾骞朵笉鏄墍鏈夌殑璨ㄥ梗閮藉叿鏈夋檪(sh铆)闁撳児(ji脿)鍊硷紝璨ㄥ梗鍙湁琚暥(d膩ng)浣滆硣鏈姇鍏ョ敓鐢�(ch菐n)娴侀€氭墠鑳借畩寰楁洿鏈夊児(ji脿)鍊�銆傞偅涔堜粈涔堟槸璨ㄥ梗鐨勬檪(sh铆)闁撳児(ji脿)鍊煎憿?璨ㄥ梗鏅�(sh铆)闁撳児(ji脿)鍊兼槸鎸囪波骞ｉ毃钁楁檪(sh铆)闁撶殑鎺ㄧЩ鑰岀櫦(f膩)鐢熺殑澧炲€�銆傝垑鍊�(g猫)渚嬪瓙锛屾垜鎷�10000鍏冮將鍘婚妧琛屽瓨瀹氭湡锛屽勾鍒╃巼3%锛岄偅涔�1骞村悗鎴戦妧琛屽崱閲屾渻(hu矛)鏈�10300鍏�锛屽湪閫欎竴骞翠腑鎴戠殑閵€琛屽崱閲屽浜�300鍏�锛岄偅涔堥€�300鍏冨氨鏄波骞ｇ殑鏅�(sh铆)闁撳児(ji脿)鍊�銆傚叾瀵�(sh铆)灏辨槸鎵€璎傜殑鈥滈將鐢熼將锛屽苟涓旀墍鐢熶箣閷㈡渻(hu矛)鐢熷嚭鏇村鐨勯將鈥�銆�

銆€銆€鍦ㄧ稉(j墨ng)婵�(j矛)瀛�(xu茅)涓波骞ｆ檪(sh铆)闁撳児(ji脿)鍊兼槸鐢ㄦ(j墨)鏈�(hu矛)鎴愭湰琛ㄧず鐨�銆傞亱(y霉n)鐢ㄨ波骞ｆ檪(sh铆)闁撳児(ji脿)鍊艰蹇佃鎶婇爡(xi脿ng)鐩湭渚嗙殑鎴愭湰鍜屾敹鐩婇兘浠ョ従(xi脿n)鍊艰〃绀�锛屽鏋滄敹鐩婄従(xi脿n)鍊煎ぇ浜庢垚鏈従(xi脿n)鍊煎墖闋�(xi脿ng)鐩噳(y墨ng)浜堟帴鍙�锛屽弽涔嬪墖鎳�(y墨ng)鎷掔禃銆傜偤鎶婃湭渚嗘敹鐩婂拰鎴愭湰鎶樼従(xi脿n)锛屽繀闋堢⒑瀹氳波骞ｆ(j墨)鏈�(hu矛)鎴愭湰鐨勫ぇ灏忔垨鍒╃巼楂樹綆銆傚叿楂旂殑鍒╃巼鏄瑠(qu谩n)琛￠ⅷ(f膿ng)闅�(xi菐n)鍚庢焙瀹氱殑銆傚洜姝�锛岄ⅷ(f膿ng)闅�(xi菐n)鎶曡硣鐨勬敹鐩婃噳(y墨ng)鐣�(d膩ng)楂樹簬鐒￠ⅷ(f膿ng)闅�(xi菐n)鎶曡硣鐨勬敹鐩�銆傚璩艰卜鑲＄エ鐨勯ⅷ(f膿ng)闅�(xi菐n)鑲畾澶т簬灏囪波骞ｅ瓨鍏ラ妧琛岀殑棰�(f膿ng)闅�(xi菐n)锛屽洜鑰岋紝鑲＄エ鎶曡硣鏀剁泭鐜囧繀瀹氶珮浜庡瓨娆炬敹鐩婄巼銆�

銆€銆€浜�銆佸咕绋勾閲戠殑灏�(du矛)姣�(鍧囦互鐝�(xi脿n)鍊肩偤渚�)

銆€銆€(1)鏅€氬勾閲戯細鏈€鍩烘湰鐨勫勾閲戝舰寮�銆傚緸绗竴鏈熼枊濮嬫瘡鏈熸湡鏈敹娆俱€佷粯娆剧殑骞撮噾銆�

銆€銆€渚嬪瓙锛氭湁涓€闋�(xi脿ng)鏅€氬勾閲戯紝寰炵涓€骞撮枊濮嬫瘡骞村勾鏈祦鍏�500钀�锛屽叡5骞�锛屽亣瑷�(sh猫)骞村埄鐜囩偤6%锛屽墖鍏剁従(xi脿n)鍊肩偤 500*(P/A锛�6%锛�5)=500*4.2124=2106.2(鑰冭│鏅�(sh铆)鐩存帴瀵�500*4.2124=2106.2灏辫锛屼笅鍚�)

銆€銆€(2)闋�(y霉)浠樺勾閲戯細寰炵涓€鏈熼枊濮嬫瘡鏈熸湡鍒濇敹娆俱€佷粯娆剧殑骞撮噾銆�

銆€銆€渚嬪瓙锛氭湁涓€闋�(xi脿ng)骞撮噾锛屽緸绗竴骞撮枊濮嬫瘡骞村勾鍒濇祦鍏�600钀紝鍏�6骞�锛屽亣瑷�(sh猫)骞村埄鐜囩偤8%锛屽叾鐝�(xi脿n)鍊肩偤 600+600*(P/A锛�8%锛�5)=600*(1+3.9927)=2995.62(鍥�?y脿n)姒堣皾鑽掓槾鐡块啹鐗ч瓍姘℃棫鐮お涔綟(xi脿n)鍊�锛屽悗闈㈠彲浠ョ湅鎴愭槸閫ｇ簩(x霉)5骞存瘡骞村勾鏈祦鍏�600钀殑鏅€氬勾閲戠従(xi脿n)鍊�)

銆€銆€閭勬湁涓€绋畻娉�锛屽氨鏄皣鍏剁湅鎴愭櫘閫氬勾閲戞眰鍑虹従(xi脿n)鍊肩劧鍚庡啀涔樹互(1+i)锛屾湡鏁�(sh霉)瑕佺敤6锛岀祼(ji茅)鏋滀竴妯ｃ€�

銆€銆€(3)閬炲欢骞撮噾锛氬緸绗簩鏈熸垨绗簩鏈熶互鍚庨枊濮嬫敹浠樼殑骞撮噾銆�

銆€銆€渚嬪瓙锛氭湁涓€闋�(xi脿ng)閬炲欢骞撮噾锛屽墠4骞寸劇娴佸叆锛屽悗4骞存瘡骞村勾鍒濇祦鍏�500钀紝鍋囪ō(sh猫)骞村埄鐜囩偤5%锛屽墖鐝�(xi脿n)鍊肩偤 500*(P/A锛�5%锛�4)*(P/F锛�5%锛�3)=1531.52 (娉ㄦ剰锛氭湰椤岄噰鐢ㄥ叐娆℃姌鐝�(xi脿n)娉�锛岃娉ㄦ剰鎶樼従(xi脿n)鍒扮涓夋湡鏈熸湯锛屾鏅�(sh铆)鏄湡鏁�(sh霉)鐐�4鏈熺殑鏅€氬勾閲戠従(xi脿n)鍊�锛屼絾閫欏苟涓嶆槸鐪熸鐨勭従(xi脿n)鍊�锛岄倓瑕佸埄鐢ㄤ竴娆℃€ф闋�(xi脿ng)寰�(f霉)鍒╃従(xi脿n)鍊兼姌鐝�(xi脿n)绗竴鏈熸湡鍒�锛屾墠鏄湡姝ｆ墍姹傜殑鐝�(xi脿n)鍊�)

銆€銆€(4)姘哥簩(x霉)骞撮噾锛氱劇闄愭湡鐨勬櫘閫氬勾閲�銆�

銆€銆€渚嬪瓙锛氭湁涓€闋�(xi脿ng)姘哥簩(x霉)骞撮噾锛屽緸绗竴骞撮枊濮嬫瘡骞村勾鏈祦鍏�800钀厓锛屽亣瑷�(sh猫)骞村埄鐜囩偤10%锛屽叾鐝�(xi脿n)鍊肩偤 800/10%=8000 銆�

銆€銆€鎻愮ず锛�

銆€銆€1銆佸劅鍌靛熀閲戣垏鏅€氬勾閲戠祩鍊间簰鐐洪€嗛亱(y霉n)绠�;

銆€銆€2銆佸劅鍌靛熀閲戠郴鏁�(sh霉)鍜屾櫘閫氬勾閲戠祩鍊肩郴鏁�(sh霉)鐨勪簰鐐哄€掓暩(sh霉);

銆€銆€3銆佸勾璩囨湰鍥炴敹椤嶈垏鏅€氬勾閲戠従(xi脿n)鍊间簰鐐洪€嗛亱(y霉n)绠�;

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銆€銆€5銆侀爯(y霉)浠樺勾閲戠郴鏁�(sh霉)鍜屾櫘閫氬勾閲戠郴鏁�(sh霉)鐨勯棞(gu膩n)绯伙細

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銆€?銆佸厱A(y霉)浠樺勾閲戠従(xi脿n)鍊肩郴鏁�(sh霉)鍦ㄦ櫘閫氬勾閲戠従(xi脿n)鍊肩郴鏁�(sh霉)鐨勫熀绀�(ch菙)涓婃湡鏁�(sh霉)娓�1锛岀郴鏁�(sh霉)鍔�1

銆€銆€鈶￠爯(y霉)浠樺勾閲戠従(xi脿n)鍊肩郴鏁�(sh霉)=鏅€氬勾閲戠従(xi脿n)鍊肩郴鏁�(sh霉)脳(1+i)

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銆€?銆佸厱A(y霉)浠樺勾閲戠祩鍊肩郴鏁�(sh霉)鍦ㄦ櫘閫氬勾閲戠祩鍊肩郴鏁�(sh霉)鐨勫熀绀�(ch菙)涓婃湡鏁�(sh霉)鍔�1锛岀郴鏁�(sh霉)娓�1

銆€?銆侀櫖A(y霉)浠樺勾閲戠祩鍊肩郴鏁�(sh霉)=鏅€氬勾閲戠祩鍊肩郴鏁�(sh霉)脳(1+i)

銆€銆€涓�銆佸牨(b脿o)鍍�(ji脿)鍒╃巼銆佽▓(j矛)鎭湡鍒╃巼鍜屾湁鏁堝勾鍒╃巼

銆€銆€鏈夊緢澶氬悓瀛�(xu茅)鍒嗕笉娓呴€欎笁鑰�锛屽緢瀹规槗灏囧畠鍊戞贩娣嗐€備笅闈㈢啊鍠皪(du矛)浠栧€戝姞浠ュ崁(q奴)鍒�銆�

銆€銆€鍏堣鍫�(b脿o)鍍�(ji脿)鍒╃巼锛屼竴鑸€冭│鏅�(sh铆)绲︾殑閮芥槸鍫�(b脿o)鍍�(ji脿)鍒╃巼锛岄妧琛岀瓑閲戣瀺姗�(j墨)妲�(g貌u)鎻愪緵鐨勫勾鍒╃巼锛屼篃绋卞悕缇╁埄鐜囥€備絾鏈夋檪(sh铆)寰�(f霉)鍒╃殑瑷�(j矛)鎭湡涓嶄竴瀹氭槸涓€骞�锛屽彲鑳戒竴鍊�(g猫)瀛ｅ害鎴栦竴鍊�(g猫)鏈堬紝閫欐ǎ灏辫浣跨敤瑷�(j矛)鎭湡鍒╃巼浜�銆傝▓(j矛)鎭湡鍒╃巼鍙互鏄勾鍒╃巼锛屼篃鍙互鏄搴﹀埄鐜囨垨鏈堝埄鐜�銆傝▓(j矛)鎭湡鍒╃巼=鍫�(b脿o)鍍�(ji脿)鍒╃巼/姣忓勾寰�(f霉)鍒╂鏁�(sh霉)銆傝€屾湁鏁堝勾鍒╃巼鏄寚鎸夌郸瀹氱殑鏈熼枔姣忓勾寰�(f霉)鍒﹎娆℃檪(sh铆)锛岃兘澶犵敘(ch菐n)鐢熺浉鍚岀祼(ji茅)鏋滅殑骞村埄鐜囥€傛湁鏁堝勾鍒╃巼=(1+鍫�(b脿o)鍍�(ji脿)鍒╃巼/m)m -1

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銆€銆€(1)鐣�(d膩ng)姣忓勾瑷�(j矛)鎭竴娆℃檪(sh铆)锛屾湁鏁堝勾鍒╃巼=鍫�(b脿o)鍍�(ji脿)鍒╃巼

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2013骞翠腑绱�(j铆)鏈�(hu矛)瑷�(j矛)鑱风ū鐭ヨ瓨(sh铆)榛�(di菐n)绮捐彲锛氶暦鏈熻偂娆�(qu谩n)鎶曡硣

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2013骞翠腑绱�(j铆)鏈�(hu矛)瑷�(j矛)鑱风ū鑰冭│鐭ヨ瓨(sh铆)榛�(di菐n)绮捐彲锛氬浐瀹氳硣鐢�(ch菐n)