I am trying to set up an IF-THEN function that will handle recognizing a
number between 2 other numbers and cannot seem to get it to work. My current
formula looks like this:

IF(27%<=AA16<=27.9%, round(M16*0.01,2),0)

Can anyone help with this? Right now if I plug in 27.5% in cell AA16 I get
0. My goal is for this formula to calculate to the following answer:

If AA16 = 27.5%
If M16 = 46900
Answer = 469.00