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Default Nested IF Statements - Worksheet Function

How many IF Statements can be nested together on a
worksheet?

For instance, the Syntax is:
IF(logical_test, value_if_true, value_if_false), then what
I need to do is nest the IF States similar to the
following:

IF(IF(IF(IF(IF(IF(logical_test, value_if_true,
value_if_false), , value_if_true, value_if_false),
value_if_true, value_if_false), value_if_true,
value_if_false), value_if_true, value_if_false))

I also need to nest in the "value_if_true"
and "value_if_false" positions.

TIA,

Shorty

 
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