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Default If then formula with multiple cells

Hi there,

I have columns D and E either containing numbers of are blank. I want a formula in cell F to output the following:
a) if both columns D and E contain a number, I want it to output "both paid"
b) if column D contains a number but E does not, I want it to output "conference pmt pending"
c) if column E contains a number and D does not, I want it to output "membership pmt pending"

I have no idea how to enter an IF formula with that many variables. Thoughts?
 
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