Compact mode
PMT vs PRODUCT
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 typesPMTPRODUCTOperation 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 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.
PRODUCT
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionPMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
PRODUCT- Multiplying Numbers TogetherPRODUCT is known for Multiplying Numbers Together.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionPMT- Most used function in banking industry
PRODUCT- Can multiply up to 255 numbers at once
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionPMT- The function that reminds you of your debts
PRODUCT- The function that failed elementary school's 'times tables'
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyPMTPRODUCT
Technical Details Comparison
Version Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.Both*Operating 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 properlyPMTPRODUCTRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionBoth*- 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
PRODUCT
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
PRODUCTCons ❌
Limitations and potential drawbacks of the Excel functionPMT- Negative Number Output
- Complex Parameters
PRODUCT- Can Overflow With Large Numbers
- No Selective Multiplication
Ratings Comparison
Alternatives to 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
POWER
Known for Exponential Calculations📊 is easier to use than PMT
⭐ is rated higher than PMT
MAX
Known for Finding Highest Value📊 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