How to apply MIN function

vishwajeet_chakravorty

Board Regular
Joined
Mar 8, 2010
Messages
120
Suppose A1 comtains amount 30000 & in B1 the function should be applied that if the amount is more than 20000, the B1 should be 20000 otherwise A1. How to apply MIN function.
 

Excel Facts

How to calculate loan payments in Excel?
Use the PMT function: =PMT(5%/12,60,-25000) is for a $25,000 loan, 5% annual interest, 60 month loan.
may need to use if function as min returns 20,000 for blank cells

=IF(A1>20000,20000,A1)
 
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