Excel Help! Multiplication Formula With A Max And Min Value
 

Good afternoon everyone! :-)

I have been stuck trying to create a formula for my spreadsheet and was praying that someone could help me. I have spent hours on google searches trying to come up with this formula and I've had no luck.

Cell A11 = Maximum Commission

Cell A13 = Minimum Commission

Cell A9 = Commission Amount (%)

Cell I2 = Loan Amount


I am a lender and I am trying to create a formula that calculates the amount of commission I'll receive on a loan. I have a minimum and maximum commission that I receive as well.


I have tried the IF functions for maximum and minimum but I am having difficulty combining those functions into the same field.


I wanted a function that stated;

Loan amount * Commission Amount = Commission with a Max commission amount and minimum commission amount.

Can someone please help me out with this!?

THANK YOU SO MUCH!!!!

I think you need to give us more info... The loan amount * Commission % will always give you the same amount. I am not sure where the min and max come into play?

So what I'm trying to do is create a maximum commission amount and minimum commission amount within my formula.

At my job, we have a minimum commission and maximum commission amount on the loans we close.

Excel Help! Multiplication Formula With A Max And Min Value
 

billyk81;1628244 Wrote:
I think you need to give us more info... The loan amount *
Commission % will always give you the same amount. I am not sure
where the min and max come into play?

So what I'm trying to do is create a maximum commission amount and
minimum commission amount within my formula.

At my job, we have a minimum commission and maximum commission amount
on the loans we close.

You can't have 2 results in the same cell! Create a 'Min" column and a
"Max" column and have both calc their respective results...

--
Garry

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Excel Help! Multiplication Formula With A Max And Min Value
 

Maybe you are looking for the following
=MAX(MAX(A13,A9),MIN(A11,A9))

Excel Help! Multiplication Formula With A Max And Min Value
 

Maybe you are looking for the following
=MAX(MAX(A13,A9),MIN(A11,A9))