Compact mode
PMT vs CEILING vs RAND
Table of content
Basic Classification Comparison
Function Category 📊
Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function typesPMTCEILINGRANDOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsFor all*
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionPMT- Financial ProfessionalsPMT is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- AccountantsPMT is designed for Accountants. Excel functions commonly used by accountants for financial tracking and reporting Click to see all.
CEILING- EngineersCEILING is designed for Engineers. Excel functions commonly used in engineering calculations and analysis Click to see all.
- ScientistsCEILING is designed for Scientists. Excel functions used in scientific calculations and research Click to see all.
RAND
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionPMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
CEILING- Upper RoundingCEILING is known for Upper Rounding.
RAND- Generate Random NumbersRAND is known for Generate Random Numbers.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionPMT- Most used function in banking industry
CEILING- Used in Scientific Calculations
RAND- Uses Wichmann-Hill algorithm from 1982
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionPMT- The function that reminds you of your debts
CEILING- Helps Numbers Reach Their Higher Self
RAND- The Las Vegas of Excel functions
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyPMTCEILINGRAND
Technical Details Comparison
Version Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*- Excel 2019Excel functions that work specifically in Excel 2019 version
- Excel 2016Excel functions that work specifically in Excel 2016 version
PMTRANDOperating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyPMTCEILINGRAND- ~
Required Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionPMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability Click to see all.
- Reliable
CEILING- Predictable Results
- Engineering FriendlyFunctions specifically designed for engineering calculations and analysis Click to see all.
RANDCons ❌
Limitations and potential drawbacks of the Excel functionPMT- Negative Number Output
- Complex Parameters
CEILING- Limited To Upward Rounding
- Single Direction
RAND
Ratings Comparison
Alternatives to PMT
POWER
Known for Exponential Calculations📊 is easier to use than CEILING
📈 is more versatile than CEILING
⭐ is rated higher than CEILING
PRODUCT
Known for Multiplying Numbers Together📊 is easier to use than CEILING
⭐ is rated higher than CEILING
ROUND
Known for Round Numbers📊 is easier to use than CEILING
📈 is more versatile than CEILING
⚙ performs better than CEILING
⭐ is rated higher than CEILING
MOD
Known for Division Remainder Calculations📊 is easier to use than CEILING
⚙ performs better than CEILING
⭐ is rated higher than CEILING
FACT
Known for Calculate Factorials📊 is easier to use than CEILING
⚙ performs better than CEILING
MAX
Known for Finding Highest Value📊 is easier to use than CEILING
📈 is more versatile than CEILING
⚙ performs better than CEILING
⭐ is rated higher than CEILING
MIN
Known for Finding Lowest Value📊 is easier to use than CEILING
📈 is more versatile than CEILING
⚙ performs better than CEILING
⭐ is rated higher than CEILING