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ChesireCat
 
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Default Calculations Using the =IF formula

For the life of me I cannot figure out how to work this problem from a
textbook.
Here it is
If hours<=40, then gross pay=rate*hours, otherwise gross
pay=rate*hours+.05*rate*(Hours-4)
b4=rate c4=hours e4=ytd social security
f4=gross pay g4=soc sec. a5=max soc sec.

I am at my wits end.

Thanks
 
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