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Posted to microsoft.public.excel.worksheet.functions
barbarat
 
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Default formula for a pension

IT WORKED!! Thank you so much. This board is wonderful; I will use it often
as a resource as I learn Excel. Perhaps I will learn enough so that someday
it will be I who can answer a question! thank you again.
--
barbarat


"barbarat" wrote:

I will try this tonight...thanks so much! I'll let you know whether it is
successful.
--
barbarat


" wrote:

Errata ....

I wrote:
IF(DATEDIF(B1, "12/31/2004", "y") < 18, 0,
INT(MIN(H1, G1*3%))
+ 0.75*MAX(0, INT(MIN(H1-G1*3%, G1*6%)))
+ 0.50*MAX(0, INT(MIN(H1-G1*6%, G1*10%))))


Should be:

IF(DATEDIF(B1, "12/31/2004", "y") < 18, 0,
INT(MIN(H1, G1*3%))
+ 0.75*MAX(0, INT(MIN(H1, G1*6%) - G1*3%))
+ 0.50*MAX(0, INT(MIN(H1, G1*10%) - G1*6%)))