Formulas - Ugh!
Thanks for the feedback, Bryan.....I'm glad I could help.
***********
Regards,
Ron
XL2002, WinXP
"Bryan" wrote:
Awesome! Thank you so much.l That was much easier than what i had for a
formula!
"Ron Coderre" wrote:
Try something like this:
With these values in cells A1:C2
Market Current PctIncr
1200 1170 3%
D1: NewRent
D2: =MIN(B2*(1+C2),A2)
That formula returns the lesser of
CurrentRent+3% or Market Rent
Is that something you can work with?
***********
Regards,
Ron
XL2002, WinXP
"Bryan" wrote:
Hi there, First time poster - please bear with me...
Here is what i am trying to do:
Market rent = 1200.00 Current rent = 1170.00.
I want to have a formula that takes the current rent, adds 3% if below
market rent without going over market rent. If the sum of current rent+3% is
over market rent then it calculates at 2.5% or brings the current rent to
market rent unless it is equal to more than 3%.
Here is the formula I'm using
=IF(G50<F50,ROUNDUP(G50*0.03,2)+G50) ?????(G50F50,ROUNDUP(G50*0.025,2)+G50)
Not sure how to do this (??? unknown transition)
Thanks in advance for any help you can give!
Bryan
|