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I'm looking for a formula that will calculate the following information:
If 15% of the sum of a range of cells is less than $40.00 then the fee is $40.00. If 15% of the sum of a range of cells is $40.00 or higher, then the fee is 15%. I hope that made sense. In other words, the fee is 15% or $40, whichever is higher. |
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