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Default If(AND formula
Please help......this formula is returning a Value error.......what is wrong?

=IF(I8="1","0"),IF(AND(F3="1",I8=4),"48%",IF(AND(F 3="1",I8=3),"53%",IF(AND(F3="1",I8=2),"60%",IF(AND (F3="2",I8=4),"65%",IF(AND(F3="2",I8=3),"70%",IF(A ND(F3="2",I8=2),"70%"))))))
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