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Take a look at the commission example he
http://www.mcgimpsey.com/excel/variablerate.html
In article ,
"AZapata" wrote:
I am calculating a multi tiered pay scale based on earnings:
0-200,000 net earnings = a bonus of 10% of the earnings
200,001-400,000= 15% bonus for this tier
400,001-1,000,000= 20% bonus for this tier
and so on...
I want to be able to enter a value in a cell and have it calculate the total
bonus. IN this example a Net Earnings of $500,000 should result in a bonus
of aprox. $70,000 ($20,000 for first tier, $30,000 for second, and $20,000
for the third).
Please Help
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