Multiply by a rate depending on the value
Hi,
A job for VLOOKUP. Create a table say in the range J3:K6:
0 RateA
100000 RateB
150000 RateC
200000 RateD
=C1*VLOOKUP(C1,$J$3:$K$6,2,TRUE)
C1 is the value you want to multiply and
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Cheers,
Shane Devenshire
"C.C." wrote:
I need a formula that will multiply the value by one of four interest rates,
depending on the size of the value. In other words, if the value is under
$100,000, muliply by rate A. If the value is over $100,000 muliply by rate B.
If over $150,000 muliply by rate C. And if over $200,000 muliply by rate D.
And the value I'm speaking of is the Sum of A and B.
A1+B1=C1 Depending on the value in C1, I need it muliplied by the
appropriate rate as explained above. I appreciate any help you can offer me.
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Thank You,
C.C.
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