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Default IF formulas

I am trying to create a formula that performs the following answer: If this,
then this, or this, but not this. The "not this" part is what I cannot
figure out. Here is the formula I have so far:

IF(I7<7000,7000-E7,"0")

I need to add a qualifier to the 'value if true' part of the formula that
keeps the answer no greater than the figure in E7. Is this a valid formula?

Thanks!


--
Lori
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Default IF formulas

For "this, but not greater than 7000"
use
MIN(I7,7000)
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Gary''s Student - gsnu200829


"Lori" wrote:

I am trying to create a formula that performs the following answer: If this,
then this, or this, but not this. The "not this" part is what I cannot
figure out. Here is the formula I have so far:

IF(I7<7000,7000-E7,"0")

I need to add a qualifier to the 'value if true' part of the formula that
keeps the answer no greater than the figure in E7. Is this a valid formula?

Thanks!


--
Lori

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Default IF formulas

Maybe

=IF(I7<7000,MIN(E7,7000-E7),"0")

Mike

"Lori" wrote:

I am trying to create a formula that performs the following answer: If this,
then this, or this, but not this. The "not this" part is what I cannot
figure out. Here is the formula I have so far:

IF(I7<7000,7000-E7,"0")

I need to add a qualifier to the 'value if true' part of the formula that
keeps the answer no greater than the figure in E7. Is this a valid formula?

Thanks!


--
Lori

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Default IF formulas

And you probably want to remove the quotes around the final zero.

Regards,
Fred.

"Mike H" wrote in message
...
Maybe

=IF(I7<7000,MIN(E7,7000-E7),"0")

Mike

"Lori" wrote:

I am trying to create a formula that performs the following answer: If
this,
then this, or this, but not this. The "not this" part is what I
cannot
figure out. Here is the formula I have so far:

IF(I7<7000,7000-E7,"0")

I need to add a qualifier to the 'value if true' part of the formula that
keeps the answer no greater than the figure in E7. Is this a valid
formula?

Thanks!


--
Lori


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