Compact mode
SUM vs 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 typesSUMMINPMT- 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 inputsFor all*- CalculationExcel functions for performing various calculations
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionSUM- Data AnalystsSUM is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
- Business ManagersSUM is designed for Business Managers. Excel functions helpful for business management and decision making Click to see all.
MIN- 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.
PMTPurpose 📝
Primary purposes and use cases of the Excel functionSUM- Data AnalysisSUM is used for Data Analysis. Functions specifically designed for analyzing data Click to see all.
- Data AggregationSUM is used for Data Aggregation. Functions for combining and summarizing data Click to see all.
MINPMT
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionSUM- Basic Arithmetic CalculationsSUM is known for Basic Arithmetic Calculations.
MIN- 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 functionSUM- Most commonly used function in Excel
MIN- First mathematical function in Excel
PMT- Most used function in banking industry
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionSUM- Making adding numbers look complicated since 1985
MIN- 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 effectivelySUMMINPMT
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersFor all*- 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.For all*- Excel 2019Excel functions that work specifically in Excel 2019 version
- Excel 2016Excel functions that work specifically in Excel 2016 version
SUM- Excel 2013SUM is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version
- Microsoft 365SUM is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform
- Excel OnlineSUM is compatible with Excel Online Excel functions optimized for use in the web-based Excel Online platform
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 platformsFor all*- 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 properlySUMMINPMTRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*- NumberExcel functions that perform calculations specifically with numerical inputs
SUM- RangeSUM accepts Range as input types Excel functions that operate on cell ranges for calculations
- ArraySUM accepts Array as input types Excel functions that specifically work with array inputs for calculations
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 functionSUM- Easy To Use
- Widely Recognized
- Versatile
- Fast Calculation
MIN- Easy To UnderstandFunctions with clear and intuitive syntax that are simple to learn
- Reliable
PMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability
- Reliable
Cons ❌
Limitations and potential drawbacks of the Excel functionSUM- Limited To Numbers Only
- Cannot Handle Text
- No Text Handling
MIN- Only Works With Numbers
- No Text Handling
PMT- Negative Number Output
- Complex Parameters
Ratings Comparison
Alternatives to SUM
COUNT
Known for Counting Numeric Cells
📊
is easier to use 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
MOD
Known for Division Remainder Calculations
🔢
needs fewer arguments than MIN
COUNTA
Known for Count Non-Empty Cells
📊
is easier to use than MIN
📈
is more versatile than MIN
🛠
is more reliable than MIN
⭐
is rated higher than MIN
POWER
Known for Exponential Calculations
🔢
needs fewer arguments than MIN