One option might be =IF(A3=7.5%,2+INT((A3-7.5%)/0.5%),"")
It is a bit inconsistent as to how it treats values which lie right on the
border, as presumably some values fall victim to rounding errors in fixed
point binary. If need be, a ROUND function could presumably tidy the
situation up.
--
David Biddulph

"lanmari" wrote in message
...
Hi There,

I am trying to create a spreadsheet where if a certain cell has a number
that falls into a certain range, it would be assigned a certain
number/point.

For example: If a rate is 7.5%-8%, 2 pts will be assigned; if 8%-8.5%,
then
3 points will be assigned and so on.

How do I do this?

Thank you,
MT