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Nested if statements - is there a better way?
Here's the deal:
Think of this as a royalties issue. Depending on the sales for a specific month, the percentage of royalties due will change. Say January sales were $1,850,00 (A1). Then the royalties would be 3%: Sales less than: Royalty %: $1,000,000 1% $1,700,000 2% $1,800,000 3% $1,900,000 4% $2,000,000 5% .....and so on I am tired of nesting my if statments and am wondering if there is some other formula or something that would work? (if(A1<=2Mill, 5%, if(A1<1.9Mill, 4%.......)) Please help me unnest my if statements! |
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