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MS Office Forum / Excel / New Users / February 2005

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Spread Sheet Help again

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califman1961 - 18 Feb 2005 18:35 GMT
Here it is hope someone can help me out one more time?

I sell something for $25.00 or lower the fee is 5.25% ($1.31), But if
its more $25.01 to $1,000.00 fee is 5.25% of the initial $25.00
($1.31), plus 2.75% ($0.68)of the remaining closing value balance
($25.01 to $1,000.00)

Cell H1 is $25.00 then Cell J1 is $1.31 (5.25%)
Cell H1 is $25.01 then Cell J1 is $1.31 (5.25%)plus 2.75% or $1.99
Can I have them in the same cell somehow is this possable?
Thanks for the help

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califman1961

JE McGimpsey - 18 Feb 2005 21:00 GMT
One way:

   =ROUND(SUMPRODUCT(--(H1>{0,25}),(H1-{0,25}),{0.0525,-0.025}),2)

See

   http://www.mcgimpsey.com/excel/variablerate.html

for an explanation of the formula, and a way to extend it beyond $1,000.

> Here it is hope someone can help me out one more time?
>
[quoted text clipped - 7 lines]
> Can I have them in the same cell somehow is this possable?
> Thanks for the help
 
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