Compact mode

MIN vs PMT vs MODE

Table of content

Basic Classification Comparison
Usage Context Comparison
Basic Information Comparison
History Comparison
Facts Comparison

Usage Information Comparison
Technical Details Comparison
Evaluation Comparison
Ratings Comparison

Basic Classification Comparison

Function Category 📊

Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function types

MIN

Mathematical

MIN belongs to the Mathematical category. Excel functions for performing mathematical calculations Click to see all.

PMT

Financial

PMT belongs to the Financial category. Excel functions specifically designed for financial calculations and analysis

MODE

Statistical

MODE belongs to the Statistical category. Excel functions for statistical analysis and calculations
Operation Type 🔧

Fundamental type of operation or action that the Excel function performs on its inputs

For all*

Calculation

Excel functions for performing various calculations

Usage Context Comparison

Basic Information Comparison

Known For ⭐

Distinctive characteristic or primary strength of the Excel function

MIN

Finding Lowest Value

MIN is known for Finding Lowest Value.

PMT

Calculate Loan Payments

PMT is known for Calculate Loan Payments.

MODE

Finding Most Frequent Value

MODE is known for Finding Most Frequent Value.

History Comparison

Creation Date 📅

Original release date of the Excel function

MIN

Excel 2.0

MIN was created in Excel 2.0. Functions introduced in the Excel 2.0 version release Click to see all.

PMT

Excel 3.0

PMT was created in Excel 3.0. Functions that originated in Excel 3.0 version Click to see all.

MODE

Excel 2.0

MODE was created in Excel 2.0. Functions introduced in the Excel 2.0 version release Click to see all.
Created By 👤

Organization or team responsible for developing the function

For all*

Microsoft Excel Team

Functions officially created by the Microsoft Excel development team

Facts Comparison

Interesting Fact 💡

Unique or lesser-known information about the Excel function

MIN

First mathematical function in Excel

PMT

Most used function in banking industry

MODE

One of the original statistical functions
Sarcastic Fact 🤣

Humorous or ironic observation about the Excel function

MIN

The pessimist's favorite function

PMT

The function that reminds you of your debts

MODE

Finds the popularity contest winner in your data

Usage Information Comparison

Formula Complexity Level 📖

Indicates the difficulty level and complexity of using the Excel function effectively

MIN

Simple

MIN has a Simple complexity level. Basic Excel functions for common calculations and tasks Click to see all.

PMT

Intermediate

PMT has a Intermediate complexity level. Excel functions with moderate complexity for various tasks Click to see all.

MODE

Intermediate

MODE has a Intermediate complexity level. Excel functions with moderate complexity for various tasks Click to see all.

Technical Details Comparison

Input Data Type 📝

Types of data that the Excel function accepts as input parameters

For all*

Number

Excel functions specifically designed for numerical calculations

MODE

Array

MODE accepts Array as input data. Excel functions designed to work with arrays and ranges of data 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*

Excel 2019

Excel functions that work specifically in Excel 2019 version

Excel 2016

Excel functions that work specifically in Excel 2016 version

PMT

Excel 2013

PMT is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version

MODE

Excel 2013

MODE is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version
Operating System 💾

Specifies the operating systems where the function can be used < including Windows< macOS< and web platforms

For all*

Windows

Excel functions optimized for Windows operating system

MacOS

Excel functions optimized for MacOS users

Web Excel

Excel functions available in web-based versions
Required Arguments Count 🔢

Number of mandatory arguments needed for the function to work properly

MIN

1

MIN needs 1 required arguments Click to see all.

PMT

3

PMT needs 3 required arguments Click to see all.

MODE

1

MODE needs 1 required arguments Click to see all.
Required Arguments Type 📊

The data types accepted as valid input arguments for the function

For all*

Number

Excel functions that perform calculations specifically with numerical inputs

MIN

Array

MIN accepts Array as input types Excel functions that specifically work with array inputs for calculations

MODE

Array

MODE accepts Array as input types Excel functions that specifically work with array inputs for calculations

Evaluation Comparison

Pros ✅

Key advantages and strengths of the Excel function

For all*

Reliable

MIN

Easy To Understand

Functions with clear and intuitive syntax that are simple to learn

PMT

Accurate Calculations

Industry Standard

Excel functions recognized as industry standards ensure widespread compatibility and reliability

MODE

Easy Statistical Analysis

Quick Results
Cons ❌

Limitations and potential drawbacks of the Excel function

MIN

Only Works With Numbers

No Text Handling

PMT

Negative Number Output

Complex Parameters

MODE

Only Works With Numbers

Limited To Single Mode