Compact mode
PMT vs FACT vs DOLLAR
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 typesPMTFACTDOLLAROperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsPMTFACTDOLLAR
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.
FACT- StudentsFACT is designed for Students. Excel functions helpful for academic work and learning Click to see all.
- ScientistsFACT is designed for Scientists. Excel functions used in scientific calculations and research Click to see all.
DOLLAR
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionPMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
FACT- Calculate FactorialsFACT is known for Calculate Factorials.
DOLLAR- Currency FormattingDOLLAR is known for Currency Formatting.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionPMT- Most used function in banking industry
FACT- Essential for probability calculations
DOLLAR- One of Excel's original financial functions
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionPMT- The function that reminds you of your debts
FACT- The most excitable function in Excel!
DOLLAR- Makes your numbers look rich and important
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyPMTFACTDOLLAR
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*Operating 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 properlyPMTFACTDOLLARRequired 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
FACT- Simple To Use
- Fast Calculations
- Accurate
DOLLAR- Easy FormattingFunctions that simplify the process of formatting cells and data Click to see all.
- Professional Output
- Consistent
Cons ❌
Limitations and potential drawbacks of the Excel functionPMT- Negative Number Output
- Complex Parameters
FACT- Limited To Integers
- Maximum Value Restrictions
DOLLAR
Ratings Comparison
Alternatives to PMT
SUMIFS
Known for Multiple Condition Sum📈 is more versatile than PMT
ROUND
Known for Round Numbers📊 is easier to use than PMT
📈 is more versatile than PMT
⭐ is rated higher than PMT
MOD
Known for Division Remainder Calculations📊 is easier to use than PMT
AVERAGE
Known for Basic Statistical Calculation📊 is easier to use 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
PRODUCT
Known for Multiplying Numbers Together📊 is easier to use 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