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Excel formula advice

smuggler.ie · 2017-06-06 21:04:26

Hi all, Need some advice: have assembled formula in cells I10-17 to calculate funds depending on “rate” and “accumulated range”: =IF(H10<=5,H10*$E$3,IF(AND(H10>=6,H10<=10),5*$E$3+(H10-5)*$E$4,IF(AND(H10>=11,H10<=15),5*$E$3+5*$E$4+(H10-10)*$E$5,5*$E$3+5*$E$4+5*$E$5+(H10-15)*$E$6))) As per formula, rate apply per range for…

06-06-2017 9:04pm

#1

smuggler.ie

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Posts: 4217

Hi all,
Need some advice:
have assembled formula in cells I10-17 to calculate funds depending on “rate” and “accumulated range”:
=IF(H10<=5,H10*$E$3,IF(AND(H10>=6,H10<=10),5*$E$3+(H10-5)*$E$4,IF(AND(H10>=11,H10<=15),5*$E$3+5*$E$4+(H10-10)*$E$5,5*$E$3+5*$E$4+5*$E$5+(H10-15)*$E$6)))
As per formula, rate apply per range for each range band: up to 5 – band 1, from 6 to 10 – band 2, and so on……….
“current range” entered manually, “accumulated range” calculated with =SUM(H10+G11) and so on.
Question:
Is there better/easer/nicer way to achieve same – my formula in I10-17 seam very “bulky”?
Thank you.

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