
05-15-2009, 03:39 PM
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Novice
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Join Date: May 2009
Posts: 10
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Quote:
Originally Posted by Bird_FAT
I see an error on zyzzyva57's sheet in Cell B12 - the value in this formula can be greater than 30000*0.075 - the argument that you have stated is
If B10 is greater than 20,000, then take the figure in B10 and subtract 20,000 and multiply the remainder by 0.075
There is no upper limit though!, so if B10=60,000 then the sum becomes
=(60,000-20,000)*0.075
ie:
40,000 x 7.5%
Whereas, the maximum MUST be 30,000 x 7.5%
You could always embed IF Functions to make it one formula, rather than notations on the sheet!
=IF(B10>20000,(IF(B10>50000,((B10-50000)*0.05+B10+(20000*0.1)+(30000*0.075)),(B10-20000)*0.075+B10+(20000*0.1))),B10=(B10+(B10*0.1)) )
All you have to do is change the Reference Cell [B10] and, if needed, the Percentages [0.05, 0.075, 0.1] in the formula!
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Can it be broken up into different cells like it shown on zyzzyva57's attachement?
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