Number of periods to obtain valueNumPeriods = annuterm(Rate,Payment,PresentValue,FutureValue,Due)Interest rate per period, as a decimal fraction. Payment per period. (Optional) Future value. Default =(Optional) When payments are due:NumPeriods = annuterm(Rate,Payment,PresentValue,FutureValue,Due) calculatesthe number of periods needed to obtain a future value. To calculate the number ofperiods needed to pay off a loan, enter the payment or the presentvalue as a negative value. This example shows a savings account with a starting balance of $1500. $200 is added at the end of each month and the account pays 9% interest, compounded monthly. How many years will it take to save $5,000? NumPeriods = annuterm(0.09/12, 200, 1500, 5000, 0)NumPeriods = 15.6752