Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
Posted to microsoft.public.excel.misc
mz mz is offline
external usenet poster
 
Posts: 40
Default Formula for two "If's"

In calculating a formula for deductibles, how would I express the following:

There is a $2,400 deductible for each spouse; That is, if Bob has a claim of
over $2,400, then return only the amount above 2.4k; if Bernice also has a
claim over 2.4k, then add her amount above 2.4k to Bob's amount; it is
possible for only Bob or only Bernice to have a claim or for both of them to
have claims; anyone whose claim is below 2.4k would not be recorded; the
total after all subtractions cannot be below zero
thank you
--
MZ
  #3   Report Post  
Posted to microsoft.public.excel.misc
external usenet poster
 
Posts: 2,389
Default Formula for two "If's"

If Bob is in A1, and Bernice is in A2,
=max(0,a1-2400)+max(0,a2-2400)

Regards,
Fred

"MZ" wrote in message
...
In calculating a formula for deductibles, how would I express the
following:

There is a $2,400 deductible for each spouse; That is, if Bob has a claim
of
over $2,400, then return only the amount above 2.4k; if Bernice also has a
claim over 2.4k, then add her amount above 2.4k to Bob's amount; it is
possible for only Bob or only Bernice to have a claim or for both of them
to
have claims; anyone whose claim is below 2.4k would not be recorded; the
total after all subtractions cannot be below zero
thank you
--
MZ


Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Excel - Golf - how to display "-2" as "2 Under" or "4"as "+4" or "4 Over" in a calculation cell Steve Kay Excel Discussion (Misc queries) 2 August 8th 08 01:54 AM
Formula for Multiple "IF's" or maybe "COUNTIF's"??? MM Lines Excel Discussion (Misc queries) 7 January 14th 08 08:30 AM
Is it possible to apply IF's to "operator" result.. nastech Excel Discussion (Misc queries) 3 August 11th 06 02:12 PM
Count occurences of "1"/"0" (or"TRUE"/"FALSE") in a row w. conditions in the next BCB New Users to Excel 7 May 13th 06 10:02 PM
Multiple "if's" athalon Excel Worksheet Functions 1 February 10th 06 08:02 PM


All times are GMT +1. The time now is 01:15 AM.

Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004-2024 ExcelBanter.
The comments are property of their posters.
 

About Us

"It's about Microsoft Excel"