View Single Post
  #1   Report Post  
Posted to microsoft.public.excel.programming
[email protected] Bob@1800-mail.com is offline
external usenet poster
 
Posts: 18
Default 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!