VBA PPmt function in Excel is categorized as Financial function. This is a built-in Excel VBA Function. This function calculates the principal amount paid in a specific period for an annuity.
We can use this function in VBA and can’t use in Excel. This function we use in either procedure or function in a VBA editor window in Excel. We can use this VBA PPmt Function in any number of times in any number of procedures or functions. Let us learn what is the syntax and parameters of the PPmt function, where we can use this PPmt Function and real-time examples in Excel VBA.
Syntax of VBA PPmt Function
The syntax of the PPmt Function in VBA is
PPmt(Rate, Per, NPer, PV, [FV], [Due])
The PPmt function returns a double value.
Parameters or Arguments:
The PPmt function has six arguments in Excel VBA.
where
Rate:The Rate is a required argument.
Per:The Per is a required argument.
NPer:The NPer is a required argument.
PV:The PV is a required argument.
[FV]:The [FV] is an optional argument.
[Due]:The [Due] is an optional argument.
Where we can apply or use VBA PPmt Function?
We can use this PPmt Function in VBA MS Office 365, MS Excel 2016, MS Excel 2013, 2011, Excel 2010, Excel 2007, Excel 2003, Excel 2016 for Mac, Excel 2011 for Mac, Excel Online, Excel for iPhone, Excel for iPad, Excel for Android tablets and Excel for Android Mobiles.
Instructions to Run VBA Macro Code or Procedure:
You can refer the following link for the step by step instructions.
Instructions to run VBA Macro Code
Other Useful Resources:
Click on the following links of the useful resources. These helps to learn and gain more knowledge.
VBA Tutorial VBA Functions List VBA Arrays in Excel Blog
VBA Editor Keyboard Shortcut Keys List VBA Interview Questions & Answers