ExcelBanter - In a formula, how do I set a maximum acceptable value?

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hollisterbulldawg

In a formula, how do I set a maximum acceptable value?

I need to calculate my loss on a rental property but the loss cannot be
greater than $25,000 no matter how large it actually is. How do I write an
Excel formula that will include this maximum value limit?

Fred Smith[_4_]

In a formula, how do I set a maximum acceptable value?

Use the Min function, as in:
=min(25000,yourformula)

Regards,
Fred

"hollisterbulldawg" wrote in
message ...
I need to calculate my loss on a rental property but the loss cannot be
greater than $25,000 no matter how large it actually is. How do I write an
Excel formula that will include this maximum value limit?

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