Creating a commission function
I'm trying to create a commission function. The commission schedule is
15% of the first 15,000, plus 10% of 15,001 - 25,000, plus 5% of
25,001-50,000, plus 1% 50,001 and over.
I would like this to work as a function in Excel so that we could
enter: =C(any number) and it would calculate the above commission
schedule.
I'm having trouble getting an IF statement to work which I was hoping
to nest for each layer of the above schedule.
Thanks in advance for any advice!
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