How to use rounddown function if using IF statement?
Hi,
I am trying to create a new spreadsheet with a formula:
=IF(E12>650000,48350+(0.14*(E12-650000)),IF(E12>300000,(0.1*(E12-300000)+5850),IF(E12>245000,(0.02*(E12-245000)+2100),IF(E12>155000,0.01*(E12-155000),0))))
I am pretty sure there will be a simpler formula to get the sum I need but with my skills this is all I can manage - to be honest it works well but I need it to round down to the nearest whole number / no fractions if that makes sense? So if the output is 2002.75 I need the cell to show 2002.00.
Is that possible and if so what would I need to amend?
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