SUBSTITUTE vs TEXT vs PMT
Compact mode

SUBSTITUTE vs TEXT 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 types
    SUBSTITUTE
    • Text
      SUBSTITUTE belongs to the Text category. Excel functions for manipulating and analyzing text data
    TEXT
    • Text
      TEXT belongs to the Text category. Excel functions for manipulating and analyzing text data
    PMT
    • Financial
      PMT 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 inputs
    SUBSTITUTE
    • Manipulation
      SUBSTITUTE performs Manipulation operations. Functions that modify and transform data in different ways
    TEXT
    PMT
    • Calculation
      PMT performs Calculation operations. Excel functions for performing various calculations

Usage Context Comparison

Basic Information Comparison

  • Known For ⭐
    Distinctive characteristic or primary strength of the Excel function
    SUBSTITUTE
    • Replace Specific Text
      SUBSTITUTE is known for Replace Specific Text.
    TEXT
    • Number Formatting
      TEXT is known for Number Formatting.
    PMT
    • Calculate Loan Payments
      PMT is known for Calculate Loan Payments.

Facts Comparison

  • Interesting Fact 💡
    Unique or lesser-known information about the Excel function
    SUBSTITUTE
    • Originally designed for mail merge operations
    TEXT
    • Can handle dates and numbers uniformly
    PMT
    • Most used function in banking industry

  • Sarcastic Fact 🤣
    Humorous or ironic observation about the Excel function
    SUBSTITUTE
    • Find and replace's overachieving cousin
    TEXT
    • Makes numbers look pretty but lose calculation ability
    PMT
    • The function that reminds you of your debts

Usage Information Comparison

Technical Details Comparison

  • Input Data Type 📝
    Types of data that the Excel function accepts as input parameters
    SUBSTITUTE
    TEXT
    • Number
      TEXT accepts Number as input data. Excel functions specifically designed for numerical calculations
    • Date
      TEXT accepts Date as input data. Excel functions for working with dates and time values
    PMT
    • Number
      PMT 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 2019
      Excel functions that work specifically in Excel 2019 version
    • Excel 2016
      Excel functions that work specifically in Excel 2016 version
    • Excel 2013
      Excel functions that work specifically in Excel 2013 version
    TEXT
    • Microsoft 365
      TEXT is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform

  • 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
    SUBSTITUTE
    • Web Excel
      SUBSTITUTE runs on Web Excel Excel functions available in web-based versions
    PMT
    • Web Excel
      PMT runs on Web Excel Excel functions available in web-based versions

  • Required Arguments Count 🔢
    Number of mandatory arguments needed for the function to work properly
    SUBSTITUTE
    TEXT
    PMT

  • 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
    SUBSTITUTE
    • Text
      SUBSTITUTE accepts Text as input types Excel functions specialized in text string manipulation and processing
    • Text
      SUBSTITUTE accepts Text as input types Excel functions specialized in text string manipulation and processing
    TEXT
    • Text
      TEXT accepts Text as input types Excel functions specialized in text string manipulation and processing

Evaluation Comparison

  • Pros ✅
    Key advantages and strengths of the Excel function
    SUBSTITUTE
    • Multiple Replacements
    • Case Sensitive
    • Precise
    TEXT
    • Flexible Formatting Options
    • Widely Compatible
      Excel functions that work consistently across different Excel versions and platforms
    PMT
    • Accurate Calculations
    • Industry Standard
      Excel functions recognized as industry standards ensure widespread compatibility and reliability
    • Reliable

  • Cons ❌
    Limitations and potential drawbacks of the Excel function
    SUBSTITUTE
    • Requires Exact Match
    • Complex Syntax
    TEXT
    • Format String Complexity
    • Learning Curve
    PMT
    • Negative Number Output
    • Complex Parameters

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
PROPER
Known for Capitalize First Letters
📊 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
MATCH
Known for Position Finding