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tracyjollf tracyjollf is offline
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Default Cell Formulation

THE FIRST LEVEL WORKED PERFECT.

THE SECOND LEVEL HOWEVER, YOU DID NOT INCLUDE CELL C7 TO BE ADDED TO THE C5
BALANCE. WILL YOU PLEASE REREAD AND ADVISE?

THANK YOU SO VERY MUCH.
--
Tracy Jo LLF


"tracyjollf" wrote:

Can a cell be formulated to reflect a value based on the following situation?

Cell C5 is $34000.00; the first $1600.00 of that amount + the value of C7
needs to be multiplied * 2.25%. That value will be in cell C10. ALSO,
Cell C5 is $34000.00; the second $1600.00 up to $3200.00 needs to be
multiplied * 2.75%. That value will be in cell C11.

EXAMPLE: $34000.00
1st level 1600.00 * 2.25% = $36.00
2nd level 1600.00 * 2.75% = $44.00

ANOTHER EXAMPLE: $3000.00
1st level 1600.00 * 2.25% = $36.00
2nd level 1400.00 * 2.75% = $38.50

I am using Excel 2003 version.