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Default "IF THEN" FORMULAS

I am trying to set-up a formula to calculate a fee against a set of cell
totals where there is a minimum and maximum calculation. The minimum is
$1500 and the maximum being 2% of the gross figure of the cell totals. So I
need help with a formula that would read for example if b1+b2*2%=1500 then
b1+b2*2% or if b1+b2=<1500 then 1500. My formula right now reads as follows
but does not accomplish my goal.
=IF(K8+K19*2%1500,K8+K19*2%,IF(K8+K19*2%<1500,150 0))
Can someone please help. Thanks.
 
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