Compact mode
SUBSTITUTE vs PMT vs FACT
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 typesSUBSTITUTE- TextSUBSTITUTE belongs to the Text category. Excel functions for manipulating and analyzing text data
PMTFACTOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsSUBSTITUTE- ManipulationSUBSTITUTE performs Manipulation operations. Functions that modify and transform data in different ways
PMT- CalculationPMT performs Calculation operations. Excel functions for performing various calculations
FACT- CalculationFACT performs Calculation operations. Excel functions for performing various calculations
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionSUBSTITUTE- Data AnalystsSUBSTITUTE is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
- Administrative StaffSUBSTITUTE is designed for Administrative Staff. Excel functions useful for administrative tasks and data management Click to see all.
PMT- 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.
FACT
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionSUBSTITUTE- Replace Specific TextSUBSTITUTE is known for Replace Specific Text.
PMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
FACT- Calculate FactorialsFACT is known for Calculate Factorials.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionSUBSTITUTE- Originally designed for mail merge operations
PMT- Most used function in banking industry
FACT- Essential for probability calculations
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionSUBSTITUTE- Find and replace's overachieving cousin
PMT- The function that reminds you of your debts
FACT- The most excitable function in Excel!
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelySUBSTITUTEPMTFACT
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersSUBSTITUTEPMT- NumberPMT accepts Number as input data. Excel functions specifically designed for numerical calculations
FACT- NumberFACT accepts Number as input data. Excel 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
- Excel 2013Excel 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 properlySUBSTITUTEPMTFACTRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*- NumberExcel functions that perform calculations specifically with numerical inputs
SUBSTITUTE- TextSUBSTITUTE accepts Text as input types Excel functions specialized in text string manipulation and processing
- TextSUBSTITUTE accepts Text as input types Excel functions specialized in text string manipulation and processing
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionSUBSTITUTE- Multiple Replacements
- Case Sensitive
- Precise
PMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability
- Reliable
FACT- Simple To Use
- Fast Calculations
- Accurate
Cons ❌
Limitations and potential drawbacks of the Excel functionSUBSTITUTE- Requires Exact Match
- Complex Syntax
PMT- Negative Number Output
- Complex Parameters
FACT- Limited To Integers
- Maximum Value Restrictions
Ratings Comparison
Alternatives to SUBSTITUTE
MID
Known for Extracting Text Segments
📊
is easier to use than SUBSTITUTE
LEFT
Known for Text Extraction
📊
is easier to use than SUBSTITUTE
RIGHT
Known for Extract Rightmost Characters
📊
is easier to use than SUBSTITUTE
⚙
performs better than SUBSTITUTE
CLEAN
Known for Removing Non-Printable Characters
📊
is easier to use than SUBSTITUTE
TRIM
Known for Remove Extra Spaces
📊
is easier to use than SUBSTITUTE
⚙
performs better than SUBSTITUTE
TEXT
Known for Number Formatting
📊
is easier to use than SUBSTITUTE
LEN
Known for Character Count Calculation
📊
is easier to use than SUBSTITUTE
⚙
performs better than SUBSTITUTE
FIND
Known for Text Search And Position Finding
📊
is easier to use than SUBSTITUTE
LOWER
Known for Convert Text To Lowercase
📊
is easier to use than SUBSTITUTE
⚙
performs better than SUBSTITUTE
PROPER
Known for Capitalize First Letters
📊
is easier to use than SUBSTITUTE