Compact mode
MIN vs PMT
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 typesMINPMT- FinancialPMT belongs to the Financial category. Excel functions specifically designed for financial calculations and analysis
Operation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsBoth*- CalculationExcel functions for performing various calculations
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionMIN- Data AnalystsMIN is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
- ScientistsMIN is designed for Scientists. Excel functions used in scientific calculations and research Click to see all.
PMT
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionMIN- Finding Lowest ValueMIN is known for Finding Lowest Value.
PMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionMIN- First mathematical function in Excel
PMT- Most used function in banking industry
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionMIN- The pessimist's favorite function
PMT- The function that reminds you of your debts
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyMINPMT
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersBoth*- NumberExcel functions specifically designed for numerical calculations
Version Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.Both*- Excel 2019Excel functions that work specifically in Excel 2019 version
- Excel 2016Excel functions that work specifically in Excel 2016 version
PMT- Excel 2013PMT 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 platformsBoth*- WindowsExcel functions optimized for Windows operating system
- MacOSExcel functions optimized for MacOS users
- Web ExcelExcel functions available in web-based versions
Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyMINPMTRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionBoth*- NumberExcel functions that perform calculations specifically with numerical inputs
MIN- ArrayMIN 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 functionBoth*- Reliable
MIN- Easy To UnderstandFunctions with clear and intuitive syntax that are simple to learn
PMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability
Cons ❌
Limitations and potential drawbacks of the Excel functionMIN- Only Works With Numbers
- No Text Handling
PMT- Negative Number Output
- Complex Parameters
Ratings Comparison
Alternatives to MIN
SUM
Known for Basic Arithmetic Calculations
📊
is easier to use than MIN
📈
is more versatile than MIN
🛠
is more reliable than MIN
⭐
is rated higher than MIN
ROUND
Known for Round Numbers
🔢
needs fewer arguments than MIN
📊
is easier to use than MIN
📈
is more versatile than MIN
⭐
is rated higher than MIN