Help writing a formula

  • Thread starter Thread starter Guest
  • Start date Start date
G

Guest

Hello,

I'm trying to write the following lease rent formula in a cell:

If(1,200,000>((.03*Cell A3 up to $40,000,000)+(.06*Cell A3 between
$40,000,000 and $50,000,000)+(.08*Cell A3 any value greater than
$50,000,000)),1,200,000,>((.03*Cell A3 up to $40,000,000)+(.06*Cell A3
between $40,000,000 and $50,000,000)+(.08*Cell A3 any value greater than
$50,000,000))
 
I dont understand what you are actually trying to do,but here goes.....
if(A3<=40000,1200000*0.3,if(a3<=50000,1200000*.06,1200000*.08))
if A3 is equal to or less than 40,000,then 1,200,000 times 3 percent..etc
etc etc
 
What I really need to know is how to write an "up to value", a between, and
greater than formula. Because I'm trying to times 3% to a value up to
40,000, then 6% to a value between 40,000 and 50,000, then 8% to anything
over 50,000.

For example, lets say I make 65,000 in a year (number in Cell A3). Then the
formula would be 3% times the first 40,000 in cell A3, 6% times the
difference of (50,000-40,000) in cell A3, and 8% times 65,000 - 50,000 in
cell A3.

Finally, once that formula is written, then the answer is the greater of
1,200 or the formula. If(1,200>formula, 1,200, formula).
 
I've started writing it. It should look like this but I'm getting an error.

IF(1200000>(IF(B3<40000000,0.03*B3,if(B3>40000000,0.03*40000000,IF(50000000>B3>40000000,(B3-40000000)*0.06,if(B3>50000000,10000000*0.06,IF(B3>50000000,(B3-50000000)*0.08,0)),1200000,IF(B3<40000000,0.03*B3,if(B3>40000000,0.03*40000000,IF(50000000>B3>40000000,(B3-40000000)*0.06,if(B3>50000000,10000000*0.06,IF(B3>50000000,(B3-50000000)*0.08,0))
 
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