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Default Large Formula Help

Office 2007
I am using the following formula;
=IF($E$5="5MM",D6*8.5,IF($E$5="6MM",D6*8.65))
I need to add the following exceptions;
If cell C5 = 3200 or 3200F/T then use the above formula, but change D6*8.5
to D6*6.70
If cell C5 = 850 then use the above formula with no changes
 
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