Compact mode
PMT vs INDEX vs OFFSET
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 typesPMTINDEXOFFSETOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsPMTINDEXOFFSET
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.
INDEX- Data AnalystsINDEX is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
- Financial ProfessionalsINDEX is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
OFFSET
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionPMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
INDEX- Advanced Data RetrievalINDEX is known for Advanced Data Retrieval.
OFFSET- Dynamic Range ManipulationOFFSET is known for Dynamic Range Manipulation.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionPMT- Most used function in banking industry
INDEX- Often used with MATCH function
OFFSET- Essential for dynamic charts
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionPMT- The function that reminds you of your debts
INDEX- The function that makes VLOOKUP feel simple
OFFSET- The parkour artist of Excel functions
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyPMTINDEXOFFSET
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersPMTINDEX- ArrayINDEX accepts Array as input data. Excel functions designed to work with arrays and ranges of data Click to see all.
- RangeINDEX accepts Range as input data. Excel functions that operate on cell ranges and data sets Click to see all.
OFFSETVersion 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
- Excel 2013Excel functions that work specifically in Excel 2013 version
INDEXOperating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*- WindowsExcel functions optimized for Windows operating system
- MacOSExcel functions optimized for MacOS users
PMTINDEXRequired Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyFor all*Required Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*- NumberExcel functions that perform calculations specifically with numerical inputs
- NumberExcel functions that perform calculations specifically with numerical inputs
- NumberExcel functions that perform calculations specifically with numerical inputs
INDEXOFFSET
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
INDEX- Powerful With MATCHExcel functions working with MATCH enable powerful lookup and reference capabilities Click to see all.
- Flexible LookupExcel functions with flexible lookup capabilities enable versatile data searching and matching Click to see all.
- Very Flexible
- Fast Performance
- PowerfulPowerful Excel functions offer advanced capabilities for complex calculations and data manipulation Click to see all.
- Flexible
OFFSETCons ❌
Limitations and potential drawbacks of the Excel functionPMT- Negative Number Output
- Complex Parameters
INDEX- Complex Syntax
- Requires Understanding
- Complex For Beginners
- Requires Understanding Of Arrays
- Learning Curve
OFFSET- Volatile Calculation
- Complex Syntax
Ratings Comparison
Alternatives to PMT
MATCH
Known for Position Finding📊 is easier to use than INDEX
SUMIFS
Known for Multiple Condition Sum📊 is easier to use than INDEX
INDEX_MATCH
Known for Two-Way Lookup Power📊 is easier to use than INDEX
📈 is more versatile than INDEX
⚙ performs better than INDEX
🛠 is more reliable than INDEX
⭐ is rated higher than INDEX
COUNTIFS
Known for Multiple Criteria Counting📊 is easier to use than INDEX
⭐ is rated higher than INDEX
VLOOKUP
Known for Vertical Data Search🔢 needs fewer arguments than INDEX
📊 is easier to use than INDEX
XLOOKUP
Known for Dynamic Array Support📊 is easier to use than INDEX
⚙ performs better than INDEX
🛠 is more reliable than INDEX
⭐ is rated higher than INDEX
IF
Known for Conditional Statements📊 is easier to use than INDEX
⚙ performs better than INDEX
🛠 is more reliable than INDEX
⭐ is rated higher than INDEX
FORECAST
Known for Linear Trend Prediction📊 is easier to use than INDEX
MAXIFS
Known for Multiple Criteria Max📊 is easier to use than INDEX