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Default If Statments

I need to write a formula that sum all the values in an amount field based on
the following criteria:

Line items that have a date greater than or equal to 1/1/2001 need to be
divided by .029.

Line items that have a date less than 1/1/2001 need to be divided by .03.

How would I go about writing this formula? Do I need to use and if statment?
 
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