Cindy:

MAX should be MIN
I make that mistake all the time : \

Try this:
=IF(I19="yes",MIN(1000,D15/52*0.6),0)

Does that help?
***********
Regards,
Ron

XL2002, WinXP


"cwilliams" wrote:

I entered that formula and it is not calculating if the value is under 1000
only if it is over 1000. Maybe the 1000 is in the wrong place?

=IF(I19="yes",MAX(1000,D15/52*0.6),0)