Nesting excel greater than 7 arguments

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Guest

I'm trying to nest greater than 7 arguments, based on a variable rate
structure. For example, there are 8 different age catories, and 9 different
rates... so depending on the person's age, i need to use a different rate. I
have successfully nested the maximum, but it leaves me with three age groups
that I can't calculate automatically.
Here is my formula so far:
=IF(F3>=70,Q3*VolLifeRates!$B$28,IF(F3>=65,Q3*VolLifeRates!$B$27,IF(F3>=60,Q3*VolLifeRates!$B$26,IF(F3>=55,Q3*VolLifeRates!$B$25,IF(F3>=50,Q3*VolLifeRates!$B$24,IF(F3>=45,Q3*VolLifeRates!$B$23,IF(F3>=40,Q3*VolLifeRates!$B$22,IF(F3>=40,Q3*VolLifeRates!$B$21,"manual calc."))))))))

It doesnt work or anyone under 40 :( so i have to manually calculate any
clients who's age is less than 40.

Grateful if you have a way around Microsoft's maximum!
 
On your sheet VolLifeRates, in cells A17:A28 put 0,20,25,30,35.......70.
This assumes that you have rates in cells B17:B28. If not then you should
be able to work out what's going on here. The 0 should be against your
lowest rate:-

Now replace your formula with the following:-

=Q3*VLOOKUP(F3,$A$17:$B$28,2)

Take a look at the help on the VLOOKUP function

--
Regards
Ken....................... Microsoft MVP - Excel
Sys Spec - Win XP Pro / XL 97/00/02/03

------------------------------­------------------------------­----------------
It's easier to beg forgiveness than ask permission :-)
------------------------------­------------------------------­----------------
 
Oops - make that

=Q3*VLOOKUP(F3,VolLifeRates!$A$17:$B$28,2)

Regards
Ken................
 
You have two tests for >=40 here so my solution might need some adjustment

=IF(F3<40,"manual
calc.",Q3*OFFSET(VolLifeRates!$B$19,VLOOKUP(F3,{0,1;40,2;45,3;50,4;55,5;60,6
;65,7;70,8},2),0))

--

HTH

RP
(remove nothere from the email address if mailing direct)


Chris Berding said:
I'm trying to nest greater than 7 arguments, based on a variable rate
structure. For example, there are 8 different age catories, and 9 different
rates... so depending on the person's age, i need to use a different rate. I
have successfully nested the maximum, but it leaves me with three age groups
that I can't calculate automatically.
Here is my formula so far:
Click to expand...
=IF(F3>=70,Q3*VolLifeRates!$B$28,IF(F3>=65,Q3*VolLifeRates!$B$27,IF(F3>=60,Q
3*VolLifeRates!$B$26,IF(F3>=55,Q3*VolLifeRates!$B$25,IF(F3>=50,Q3*VolLifeRat
es!$B$24,IF(F3>=45,Q3*VolLifeRates!$B$23,IF(F3>=40,Q3*VolLifeRates!$B$22,IF(
F3>=40,Q3*VolLifeRates!$B$21,"manual calc."))))))))
 
Another possible option involving no additional data:-

Assuming your first rate starts in B20

=Q3*OFFSET(VolLifeRates!$B$20,F3/5-6,)

Regards
Ken...............
 
Grrrrrrrr, correction

=Q3*OFFSET(VolLifeRates!$B$20,MIN(0,INT(F3/5)-6),)

Regards
Ken.....................
 
For crying out loud - Going to bed now!!!!!!!!!

=Q3*OFFSET(VolLifeRates!$B$20,MAX(0,INT(F3/5)-6),)

Regards
Ken.....................
 
When I see 5 posts in a row, all from the same author, I figure that either
his news reader is broken, and he can't see what he's already posted, OR ...
he's got soooo much money in the bank, that he's talking to himself.<g>

I can see that your news reader isn't broken.<vbg>
--

Regards,

RD
----------------------------------------------------------------------------
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Please keep all correspondence within the Group, so all may benefit !
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For crying out loud - Going to bed now!!!!!!!!!

=Q3*OFFSET(VolLifeRates!$B$20,MAX(0,INT(F3/5)-6),)

Regards
Ken.....................
 
LOL - Got fed up with this one - hate making dumb mistakes - grrrrrrrrrrr
:-)

Regards
Ken...............
 
Mayn, you guys are GOOD. I've created another problem now =) I'll post it
under a separate heading. THANK YOU!!!
 
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