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I am looking to apply different rates to different balances within a running
total. For example, let's say I want to pay incentives at a rate of .5 for the first $10, from $10.01 to $49.99 to receive a rate of .55 and anything above $50 to receive .6. The total for the sales is $100. So, the calculation would be ($10*.5)+(39.99*.55)+($50*.6). How would I do this in Excel so that as entries were made, the incentives would be automatically calculated based on the cumulative total? |
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