Compact mode
PMT vs LOOKUP 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 typesPMTLOOKUPOFFSETOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsPMTLOOKUPOFFSET
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.
LOOKUP- Business ManagersLOOKUP is designed for Business Managers. Excel functions helpful for business management and decision making Click to see all.
- Data AnalystsLOOKUP is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation 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.
LOOKUP- Simple Vertical And Horizontal LookupsLOOKUP is known for Simple Vertical And Horizontal Lookups.
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
LOOKUP- Predecessor to VLOOKUP and HLOOKUP
OFFSET- Essential for dynamic charts
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionPMT- The function that reminds you of your debts
LOOKUP- Still exists because Excel is afraid of commitment issues
OFFSET- The parkour artist of Excel functions
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyPMTLOOKUPOFFSET
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersPMTLOOKUP- NumberLOOKUP accepts Number as input data. Excel functions specifically designed for numerical calculations Click to see all.
- TextLOOKUP accepts Text as input data. Excel functions specifically designed for text manipulation Click to see all.
- ArrayLOOKUP accepts Array as input data. Excel functions designed to work with arrays and ranges of data 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*Operating 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
PMTLOOKUPRequired Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyPMTLOOKUPOFFSETRequired 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.
LOOKUP- ArrayLOOKUP accepts Array as input types Excel functions that specifically work with array inputs for calculations Click to see all.
- RangeLOOKUP accepts Range as input types Excel functions that operate on cell ranges for calculations Click to see all.
OFFSET
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
LOOKUP- Simple To Understand
- Works With Sorted Data
OFFSETCons ❌
Limitations and potential drawbacks of the Excel functionPMT- Negative Number Output
- Complex Parameters
LOOKUP- Limited To One-Way Lookups
- Requires Sorted Data
OFFSET- Volatile Calculation
- Complex Syntax
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