complex formula
Tried that one out and it works perfectly. Thanks so much!!!!
"Rick Rothstein" wrote:
Assuming your $7,417 value is in A1, I think this formula does what you
want...
=0.667*MIN(A1,2500)+0.5*MIN(MIN(A1-2500,3500),6000)+0.4*MAX(A1-6000,0)
--
Rick (MVP - Excel)
"RENEE" wrote in message
...
Could someone please!!! help me to set up a complex formula which I will
use
many times over.
I have an amount - say $7,417. I need to take 66.7% of the first $2,500
(which comes to $1,667.50). This leaves me with $4,917 of the original
amount and I need to take 50% of the next $3,500 ($1,750) - leaving me
with
$1,417 of the original number which I need to take 40% of ($566.80) Then,
I
add all the percentages up to come to $3,984.30. I have to do this a lot
and
could certainly use an easier way other than a calculator and a large
sheet
of paper. Thanks.
.
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