Is there such a formula? ... Yes/No?
Here's another way to do it:
=MAX(MIN(A1,5000),0)*0.14+MAX(MIN(A1-5000,5000),0)*0.1+MAX(MIN(A1-10000,10000),0)*0.08+MAX(A1-20000,0)*0.05
HTH,
Elkar
"jayseeca" wrote:
The best way to explain my question is by an example:
Lets say I have a bunch of numbers, one of them being 100,000.
Is it possible to create a formula in an Excel cell, which will tell me a
value when I want to sum -
the first 5,000 of the 100,000 multiplied by 14%, then add the NEXT 5,000 *
10%, added with the NEXT 10,000 * 8%, and more than 20,000 of the 100,000
multiplied by 5%.
Then carry on this formula to other values, such as 150,000; 254,948... etc
Does anyone understand what I'm asking?
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