Hello there,

I was wondering if anyone could help me with a formula that will calculate
the following:

Commission Levels:
Target $2500
95% to 100% of Target $1250
For each additional 1% above 100% $50

e.g. if achieved %110 of target, then payout would be $2500 plus 10%
(10x$50) for a grand total of $3000 for payout...There is no cap to this
payout.

I have been racking my brains and have come up with the following formula
which works well unless the percentage ends in a zero:

=IF(AND(VALUE(E8)=95%),IF(VALUE(E8)<101%,1250,RIG HT(ROUND(VALUE(E8),2),2)*50+2500),0)
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Thanks for your help!