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I am looking for an easy way to calculate the fee based on the market value
of hundred of individual accounts. The fee has various breakpoints - for example: 0 - 10,000 1% ( first 10,000) 10,001 - 100,000 .50% (Next 90,000) 100,001 - 500,000 .25% ( Next 400,000) 500,001 - 1,000,000 .10% ( Next 500,000) Thus I would like a worksheet that would have one column with the Market Value and another column with the fee amount. ( May be other columns to assist with the calculation) I am hoping to avoid nesting many if, then statements. Any thoughts? Thanks for your time and assistance |
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