Compact mode
PMT vs OFFSET vs DVAR
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 typesPMTOFFSETDVAROperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsPMTOFFSETDVAR
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.
OFFSET- Data AnalystsOFFSET is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
- EngineersOFFSET is designed for Engineers. Excel functions commonly used in engineering calculations and analysis Click to see all.
DVAR
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionPMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
OFFSET- Dynamic Range ManipulationOFFSET is known for Dynamic Range Manipulation.
DVAR- Database VarianceDVAR is known for Database Variance.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionPMT- Most used function in banking industry
OFFSET- Essential for dynamic charts
DVAR- Statisticians favorite database function
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionPMT- The function that reminds you of your debts
OFFSET- The parkour artist of Excel functions
DVAR- Makes variance feel important
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyPMTOFFSETDVAR
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersPMTOFFSETDVAR- NumberDVAR accepts Number as input data. Excel functions specifically designed for numerical calculations Click to see all.
- ArrayDVAR accepts Array as input data. Excel functions designed to work with arrays and ranges of data Click to see all.
- RangeDVAR accepts Range as input data. Excel functions that operate on cell ranges and data sets 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*PMT- Excel 2016PMT is compatible with Excel 2016 Excel functions that work specifically in Excel 2016 version Click to see all.
- Excel 2013PMT is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version Click to see all.
OFFSET- Excel 2016OFFSET is compatible with Excel 2016 Excel functions that work specifically in Excel 2016 version Click to see all.
- Excel 2013OFFSET is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version Click to see all.
DVAROperating 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
PMTRequired 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 functionPMT- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.
- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.
- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.
OFFSET- RangeOFFSET accepts Range as input types Excel functions that operate on cell ranges for calculations Click to see all.
- NumberOFFSET accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.
DVAR- RangeDVAR accepts Range as input types Excel functions that operate on cell ranges for calculations Click to see all.
- TextDVAR accepts Text as input types Excel functions specialized in text string manipulation and processing Click to see all.
- CriteriaDVAR accepts Criteria as input types Excel functions that use specific criteria for filtering and conditional operations Click to see 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
OFFSET- Flexible Range SelectionFunctions that enable selecting dynamic ranges and cell references flexibly Click to see all.
- Dynamic ReferencesFunctions that can automatically adjust cell references based on changes Click to see all.
DVAR- Statistical Precision
- Database Integration
- Accurate Statistical Analysis
- Database Compatible
Cons ❌
Limitations and potential drawbacks of the Excel functionPMT- Negative Number Output
- Complex Parameters
OFFSET- Volatile Calculation
- Complex Syntax
DVAR- Limited AudienceFunctions designed for particular user groups, reducing general usability Click to see all.
- Complex Syntax
- Complex For Beginners
- Limited Use Cases
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
MIN
Known for Finding Lowest Value📊 is easier to use than PMT
⭐ is rated higher than PMT
AVERAGE
Known for Basic Statistical Calculation📊 is easier to use than PMT
⭐ is rated higher than PMT
MOD
Known for Division Remainder Calculations📊 is easier to use than PMT
FACT
Known for Calculate Factorials📊 is easier to use 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