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Default Incremental charges

I need to be able to show incremental charges over a period.

To make things simple say I had a product rented at £100 for 120 days the
charges are as follows

0 - 5 days = Free of charge
6 to 25 days = 0.024% of product value
26 to 130 days = 0.036% of product value
131+ = 0.048%

The columns are

A - Product B - Value C - Rental Start Date D - Days rented

I've got the If calclautions but it gives a total of the 26 to 130 days from
day 1:

=IF(I4<=5,"FOC",IF(I4<=25,SUM(H4*0.00024),IF(I4<=1 30,SUM(H4*0.00036),IF(I4=131,SUM(I4*0.00048)))))

Help

Thanks
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Default Incremental charges

In your formula I hope Days is in I5 and value is in H5...Try the below

=IF(I5<=5,"FOC",
IF(I5<=25,(I5-5)*0.00024*H5,
IF(I5<=130,(20*0.00024*H5)+((I5-25)*0.00036*H5),
IF(I5=131,(20*0.00024*H5)+((105*0.00036*H5)+((I5-130)*0.00048*H5))))))

If this post helps click Yes
---------------
Jacob Skaria


"Nicholas1" wrote:

I need to be able to show incremental charges over a period.

To make things simple say I had a product rented at £100 for 120 days the
charges are as follows

0 - 5 days = Free of charge
6 to 25 days = 0.024% of product value
26 to 130 days = 0.036% of product value
131+ = 0.048%

The columns are

A - Product B - Value C - Rental Start Date D - Days rented

I've got the If calclautions but it gives a total of the 26 to 130 days from
day 1:

=IF(I4<=5,"FOC",IF(I4<=25,SUM(H4*0.00024),IF(I4<=1 30,SUM(H4*0.00036),IF(I4=131,SUM(I4*0.00048)))))

Help

Thanks

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Posts: 5
Default Incremental charges

Thanks for that, it works. On reading what you've posted it, it all seems so
logical now, my brain just would not think (Monday mornings)



"Jacob Skaria" wrote:

In your formula I hope Days is in I5 and value is in H5...Try the below

=IF(I5<=5,"FOC",
IF(I5<=25,(I5-5)*0.00024*H5,
IF(I5<=130,(20*0.00024*H5)+((I5-25)*0.00036*H5),
IF(I5=131,(20*0.00024*H5)+((105*0.00036*H5)+((I5-130)*0.00048*H5))))))

If this post helps click Yes
---------------
Jacob Skaria


"Nicholas1" wrote:

I need to be able to show incremental charges over a period.

To make things simple say I had a product rented at £100 for 120 days the
charges are as follows

0 - 5 days = Free of charge
6 to 25 days = 0.024% of product value
26 to 130 days = 0.036% of product value
131+ = 0.048%

The columns are

A - Product B - Value C - Rental Start Date D - Days rented

I've got the If calclautions but it gives a total of the 26 to 130 days from
day 1:

=IF(I4<=5,"FOC",IF(I4<=25,SUM(H4*0.00024),IF(I4<=1 30,SUM(H4*0.00036),IF(I4=131,SUM(I4*0.00048)))))

Help

Thanks

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