Compact mode
AVERAGE vs PMT
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 typesAVERAGEPMTOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsBoth*
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionAVERAGE- StudentsAVERAGE is designed for Students. Excel functions helpful for academic work and learning Click to see all.
- Data AnalystsAVERAGE is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
PMT
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionAVERAGE- Basic Statistical CalculationAVERAGE is known for Basic Statistical Calculation.
PMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionAVERAGE- Most basic statistical function
PMT- Most used function in banking industry
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionAVERAGE- 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 effectivelyAVERAGEPMT
Technical Details Comparison
Version Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.Both*- 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
AVERAGEOperating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsBoth*Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyAVERAGEPMTRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionBoth*AVERAGE
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionAVERAGE- Simple To Use
- Common Function
- Universal
PMTCons ❌
Limitations and potential drawbacks of the Excel functionAVERAGE- Ignores Text
- Includes Zero ValuesFunctions 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
Alternatives to AVERAGE
ROUND
Known for Round Numbers📊 is easier to use than PMT
📈 is more versatile than PMT
⭐ is rated higher than PMT
MIN
Known for Finding Lowest Value📊 is easier to use than PMT
⭐ is rated higher than PMT
POWER
Known for Exponential Calculations📊 is easier to use than PMT
⭐ is rated higher than PMT
RIGHT
Known for Extract Rightmost Characters📊 is easier to use than PMT
⭐ is rated higher than PMT
EOMONTH
Known for End Of Month Calculations📊 is easier to use than PMT
🛠 is more reliable than PMT
⭐ is rated higher than PMT
SUBSTITUTE
Known for Replace Specific Text📈 is more versatile than PMT
⭐ is rated higher than PMT