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Elkar
 
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Default Correct way to =IF(B6<7000,B6*0.45)=IF(B6<97000,B6*0.5) ...etc

This ought to do the trick:

=IF(B6<7000,B6*0.45,IF(B6<9000,B6*0.5,IF(B6<13000, B6*0.55,IF(B6<16000,B6*0.6,B6))))

"cbrock" wrote:

I am trying to create a formula that will calculate commissions depending on
bechmarks.
Example:
IF <7000 then multiply by 45%
IF 7000, but <9000 then multiply by 50%
IF 9000, but <13000 then multiply by 55%

The final part of the formula should be as follows:
If 13000, but <16000 then multiply by 60%, IF 16000, 100% of the amount
16000 is multiplyed by 100%