How do I set up a min and max function in the same caluclation?
 

I want to do a state payroll calculation where the tax is calculated by
applying the tax rate to the base wage minus X percent of the base wage, with
a minimum and maximum amount. I am not sure how to write the formula with a
min and max amount.

With
A1: wage
B1: minus wage percentage
C1: tax rate
D1: minimum
E1: maximum

=MAX(MIN((A1-(A1*B1)*1)*C1,E1),D1)

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HTH

RP
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"wsbjr" wrote in message
...
I want to do a state payroll calculation where the tax is calculated by
applying the tax rate to the base wage minus X percent of the base wage,
with
a minimum and maximum amount. I am not sure how to write the formula with
a
min and max amount.