Excel Formulas to Calculate the Periods for Annuity ~ Useful Guide!!
Tags: excelformula, excelformulas
Published: 2021-06-29 10:09:40

---
title: Excel Formulas to Calculate the Periods for Annuity ~ Useful Guide!!
published: true
date: 2021-06-22 06:35:22 UTC
tags: ExcelFormula,Excelformulas
canonical_url: https://geekexcel.com/excel-formulas-to-calculate-the-periods-for-annuity/
---

We have already learned the formulas to **[calculate annuity for the interest rate in Excel](https://geekexcel.com/excel-formulas-calculate-annuity-solve-for-interest-rate/)**. Today we are going to learn the formulas to **calculate the payment periods for annuity in Excel**. Let’s dive into this article!! Get an official version of ** MS Excel**  from the following link: [https://www.microsoft.com/en-in/microsoft-365/excel](https://www.microsoft.com/en-in/microsoft-365/excel)

[![Calculate periods for annuity](https://geekexcel.com/wp-content/uploads/2021/06/Calculate-periods-for-annuity.png)](https://geekexcel.com/excel-formulas-to-calculate-the-periods-for-annuity/calculate-periods-for-annuity/#main)<figcaption id="caption-attachment-47812">Calculate periods for annuity</figcaption>

## General Formula:

- Use the below formula to calculate the number of payment periods for annuity in Excel.

**=NPER(rate,pmt,pv,fv,type)**

## Syntax Explanations:

- **NPER** – The Excel **PV function**  is a financial function that returns the present value of an investment.
- **Rate** – It represents the interest rate.
- **Pmt** – It is the payment made every period.
- **Pv ** – The present value of all future payments.
- **Fv** – The future value after the last payment. It is also referred to as the desired cash balance and its default value is 0.
- **Minus Operator (-)** – This symbol will help to subtract any two values.
- **Comma symbol (,)** – It is a separator that helps to separate a list of values.
- **Parenthesis ()** – The main purpose of this symbol is to group the elements.

## Practical Example:

Refer to the below example image.

- First, we will enter the input values in **Column B** and **Column C**.
- Here we are going to find out the payment periods for an annuity.

![Input Ranges](https://geekexcel.com/wp-content/uploads/2021/06/Input-Ranges-58.png)<figcaption id="caption-attachment-47800">Input Ranges</figcaption>

- Select any cell and apply the above-given formula.

![Enter the formula](https://geekexcel.com/wp-content/uploads/2021/06/Enter-the-formula-72.png)<figcaption id="caption-attachment-47804">Enter the formula</figcaption>

- Finally, press the ** ENTER**  key, you can get the result as shown below.

![Result](https://geekexcel.com/wp-content/uploads/2021/06/Result-60.png)<figcaption id="caption-attachment-47813">Result</figcaption>

## Wind-Up:

From this chapter, you can get some clarification on how to **calculate the payment periods for annuity in Excel**. We welcome your **comments** and **questions** about this lesson.

Thank you so much for visiting  **[Geek Excel](https://geekexcel.com/)!! **If you want to learn more helpful formulas, check out [**Excel Formulas**](https://geekexcel.com/excel-formula/) **!! **

### Read Ahead:

- **[Excel Formulas to Calculate the Payment Periods for Loan ~ Easy Tips!!](https://geekexcel.com/excel-formulas-to-calculate-the-payment-periods-for-loan/)**
- **[How to Select Table Column Using Shortcuts in MS Excel 365?](https://geekexcel.com/easy-shortcuts-to-select-table-column-in-ms-excel-365/)**
- **[Excel Formulas to Calculate the Annual Compound Interest Schedule!!](https://geekexcel.com/excel-formulas-calculate-annual-compound-interest-schedule/)**
- **[Excel Formulas to Strip HTML from Text or Numbers ~ Quick Tips!!](https://geekexcel.com/excel-formulas-to-strip-html-from-text-or-numbers/)**