Compact mode

EOMONTH vs AVERAGE vs PMT

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

EOMONTH

Date & Time

EOMONTH belongs to the Date & Time category. Excel functions for working with dates and time calculations Click to see all.

AVERAGE

Statistical

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

PMT

Financial

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

EOMONTH

End Of Month Calculations

EOMONTH is known for End Of Month Calculations.

AVERAGE

Basic Statistical Calculation

AVERAGE is known for Basic Statistical Calculation.

PMT

Calculate Loan Payments

PMT is known for Calculate Loan Payments.

History Comparison

Creation Date 📅

Original release date of the Excel function

EOMONTH

Excel 97

EOMONTH was created in Excel 97. Functions first available in Excel 97 version Click to see all.

AVERAGE

Excel 2.0

AVERAGE was created in Excel 2.0. Functions introduced in the Excel 2.0 version release Click to see all.

PMT

Excel 3.0

PMT was created in Excel 3.0. Functions that originated in Excel 3.0 version 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

EOMONTH

Used heavily in financial reporting

AVERAGE

Most basic statistical function

PMT

Most used function in banking industry
Sarcastic Fact 🤣

Humorous or ironic observation about the Excel function

EOMONTH

The function that knows when payday is

AVERAGE

Making averages average since Excel began

PMT

The function that reminds you of your debts

Usage Information Comparison

Formula Complexity Level 📖

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

EOMONTH

Simple

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

AVERAGE

Simple

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

PMT

Intermediate

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

Technical Details Comparison

Input Data Type 📝

Types of data that the Excel function accepts as input parameters

EOMONTH

Date

EOMONTH accepts Date as input data. Excel functions for working with dates and time values Click to see all.

AVERAGE

Number

AVERAGE accepts Number as input data. Excel functions specifically designed for numerical calculations Click to see all.

PMT

Number

PMT accepts Number as input data. Excel functions specifically designed for numerical calculations 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

AVERAGE

Microsoft 365

AVERAGE is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform Click to see all.

Excel Online

AVERAGE is compatible with Excel Online Excel functions optimized for use in the web-based Excel Online platform Click to see all.
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

AVERAGE

Web Excel

AVERAGE runs on Web Excel Excel functions available in web-based versions Click to see all.

PMT

Web Excel

PMT runs on Web Excel Excel functions available in web-based versions Click to see all.
Required Arguments Count 🔢

Number of mandatory arguments needed for the function to work properly

EOMONTH

2

EOMONTH needs 2 required arguments Click to see all.

AVERAGE

1

AVERAGE needs 1 required arguments Click to see all.

PMT

3

PMT needs 3 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

EOMONTH

Date

EOMONTH accepts Date as input types Excel functions specialized in processing date and time calculations Click to see all.

AVERAGE

Range

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

Array

AVERAGE 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

EOMONTH

Reliable For Financial Reporting

Month-End Processing

AVERAGE

Simple To Use

Common Function

Universal

PMT

Accurate Calculations

Industry Standard

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

Reliable
Cons ❌

Limitations and potential drawbacks of the Excel function

EOMONTH

Limited To Month-End Dates

Requires Date Serial Numbers

Functions that need dates in Excel's internal serial number format Click to see all.

AVERAGE

Ignores Text

Includes Zero Values

Functions that consider zero values in calculations, impacting statistical results Click to see all.

Numbers Only

No Weights

PMT

Negative Number Output

Complex Parameters

Ratings Comparison

Ease of Use Score 📊

User-rated score for function's ease of use

EOMONTH

9

User-rated score for function's ease of use (25%) Having high ease of use score means the function is more intuitive and user-friendly. Click to see all.

AVERAGE

9

User-rated score for function's ease of use (25%) Having high ease of use score means the function is more intuitive and user-friendly. Click to see all.

PMT

8

User-rated score for function's ease of use (25%) Having high ease of use score means the function is more intuitive and user-friendly. Click to see all.
Versatility Score 📈

Rating for function's adaptability to different scenarios

For all*

7.5
Performance Score ⚙

Rating for function's execution speed and efficiency

For all*

9.5
Reliability Score 🛠

Rating for function's consistency and error handling

EOMONTH

9.8

Rating for function's consistency and error handling (25%) Functions with higher reliability scores produce more consistent results and handle edge cases better. Click to see all.

AVERAGE

9.5

Rating for function's consistency and error handling (25%) Functions with higher reliability scores produce more consistent results and handle edge cases better. Click to see all.

PMT

9.5

Rating for function's consistency and error handling (25%) Functions with higher reliability scores produce more consistent results and handle edge cases better. Click to see all.
Score ⭐

Overall rating combining all scoring attributes

EOMONTH

9

The overall score for EOMONTH is 9. Click to see all.

AVERAGE

8.9

The overall score for AVERAGE is 8.9. Click to see all.

PMT

8.6

The overall score for PMT is 8.6. Click to see all.

Alternatives to EOMONTH

Known for Calculate Days Between Dates

📊 is easier to use than EOMONTH

Known for Round Numbers

📊 is easier to use than EOMONTH

📈 is more versatile than EOMONTH

⭐ is rated higher than EOMONTH

Known for Calculate Working Days

Known for Exponential Calculations

Known for Creating Clickable Links

📊 is easier to use than EOMONTH

Known for Year Extraction

📊 is easier to use than EOMONTH

⚙ performs better than EOMONTH

🛠 is more reliable than EOMONTH

Known for Week Number Calculation

Known for Division Remainder Calculations

Known for Day Of Week Determination

Known for Month Extraction

📊 is easier to use than EOMONTH

⚙ performs better than EOMONTH

🛠 is more reliable than EOMONTH