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Ardy Ardy is offline
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Default How do you Combine Two IF formulas

I am trying to combine =IF((B5*M5)<150,150,(B5*M5)) and =IF((B4*M4)500.01,500,(B4*M4)). I can't seem to get the syntax correct, or may be it is not supported to do nested IF.
Can somebody help me on this.