I have a new problem, how do I type the If formula for this one
the formula is to calculate 401K contributions for employees. The formula
should determine the number of years employed in column C is greater than or
equal to 1, then the contributions is equal to the contribution percentage of
3% located in column F4 multiplied by the employee salary in column D,
otherwise the contribution is zero.

potsie wrote:
I have a new problem, how do I type the If formula for this one
the formula is to calculate 401K contributions for employees. The formula
should determine the number of years employed in column C is greater than or
equal to 1, then the contributions is equal to the contribution percentage of
3% located in column F4 multiplied by the employee salary in column D,
otherwise the contribution is zero.
I forgot to mention this has to also be in the round function

Try:
=IF(C4<1,0,D4*F4) and copy to other cells in column


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This rounds to 2 decimal places. Is this what you want? Otherwise can
you explain more clearly.

=IF(C4<1,0,ROUND(D4*F4,2))


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John James
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