Compact mode

PMT vs AVERAGEIF vs KURT

Name: PMT
Brand: PMT
Rating: 8

Table of content

Basic Classification Comparison
Usage Context Comparison
Basic Information Comparison
History Comparison
Facts Comparison

Usage Information Comparison
Technical Details Comparison
Evaluation Comparison
Ratings Comparison

Basic Classification Comparison

Function Category 📊

Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function types

PMT

Financial

PMT belongs to the Financial category. Excel functions specifically designed for financial calculations and analysis Click to see all.

AVERAGEIF

Statistical

AVERAGEIF belongs to the Statistical category. Excel functions for statistical analysis and calculations Click to see all.

KURT

Statistical

KURT belongs to the Statistical category. Excel functions for statistical analysis and calculations Click to see all.
Operation Type 🔧

Fundamental type of operation or action that the Excel function performs on its inputs

For all*

Calculation

Excel functions for performing various calculations

Usage Context Comparison

Basic Information Comparison

Known For ⭐

Distinctive characteristic or primary strength of the Excel function

PMT

Calculate Loan Payments

PMT is known for Calculate Loan Payments.

AVERAGEIF

Conditional Average Calculations

AVERAGEIF is known for Conditional Average Calculations.

KURT

Measuring Data Peakedness

KURT is known for Measuring Data Peakedness.

History Comparison

Creation Date 📅

Original release date of the Excel function

PMT

Excel 3.0

PMT was created in Excel 3.0. Functions that originated in Excel 3.0 version Click to see all.

AVERAGEIF

Excel 2007

AVERAGEIF was created in Excel 2007. Functions first introduced in Excel 2007 release Click to see all.

KURT

Excel 95

KURT was created in Excel 95. Functions that came with Excel 95 release Click to see all.
Created By 👤

Organization or team responsible for developing the function

For all*

Microsoft Excel Team

Functions officially created by the Microsoft Excel development team

Facts Comparison

Interesting Fact 💡

Unique or lesser-known information about the Excel function

PMT

Most used function in banking industry

AVERAGEIF

Used over 1 billion times monthly

KURT

Named after mathematician Karl Pearson
Sarcastic Fact 🤣

Humorous or ironic observation about the Excel function

PMT

The function that reminds you of your debts

AVERAGEIF

Makes statisticians feel superior with basic math

KURT

Makes statisticians excited and everyone else confused

Usage Information Comparison

Formula Complexity Level 📖

Indicates the difficulty level and complexity of using the Excel function effectively

PMT

Intermediate

PMT has a Intermediate complexity level. Excel functions with moderate complexity for various tasks Click to see all.

AVERAGEIF

Simple

AVERAGEIF has a Simple complexity level. Basic Excel functions for common calculations and tasks Click to see all.

KURT

Advanced

KURT has a Advanced complexity level. Complex Excel functions for sophisticated calculations and operations Click to see all.

Technical Details Comparison

Input Data Type 📝

Types of data that the Excel function accepts as input parameters

For all*

Number

Excel functions specifically designed for numerical calculations

KURT

Array

KURT accepts Array as input data. Excel functions designed to work with arrays and ranges of data Click to see all.
Version Compatibility 💻

Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.

For all*

Excel 2019

Excel functions that work specifically in Excel 2019 version
Excel 2016

Excel functions that work specifically in Excel 2016 version
Excel 2013

Excel functions that work specifically in Excel 2013 version
Operating System 💾

Specifies the operating systems where the function can be used < including Windows< macOS< and web platforms

For all*

Windows

Excel functions optimized for Windows operating system
MacOS

Excel functions optimized for MacOS users
Web Excel

Excel functions available in web-based versions
Required Arguments Count 🔢

Number of mandatory arguments needed for the function to work properly

PMT

3

PMT needs 3 required arguments Click to see all.

AVERAGEIF

2

AVERAGEIF needs 2 required arguments Click to see all.

KURT

1

KURT needs 1 required arguments Click to see all.
Required Arguments Type 📊

The data types accepted as valid input arguments for the function

For all*

Number

Excel functions that perform calculations specifically with numerical inputs
Number

Excel functions that perform calculations specifically with numerical inputs
Number

Excel functions that perform calculations specifically with numerical inputs

AVERAGEIF

Range

AVERAGEIF accepts Range as input types Excel functions that operate on cell ranges for calculations Click to see all.

KURT

Array

KURT accepts Array as input types Excel functions that specifically work with array inputs for calculations Click to see all.

Evaluation Comparison

Pros ✅

Key advantages and strengths of the Excel function

PMT

Accurate Calculations

Industry Standard

Excel functions recognized as industry standards ensure widespread compatibility and reliability Click to see all.

Reliable

AVERAGEIF

Easy To Understand

Functions with clear and intuitive syntax that are simple to learn Click to see all.

Handles Basic Conditional Averaging

KURT

Advanced Statistics

Precise Calculations

Professional
Cons ❌

Limitations and potential drawbacks of the Excel function

PMT

Negative Number Output

Complex Parameters

AVERAGEIF

Limited Condition Options

Single Criteria Only

KURT

Complex For Beginners

Specific Use Case