IF...assistance

350GTR

New Member
Joined
Oct 6, 2006
Messages
4
Hey Gang!

Can anyone assit me with the following scenario:

- A1 has a drop-down list (Juniors,Seniors)
- I would like to have L10 to automatically select the appropraite formula when either 'Juniors' or 'Seniors' is selected in A1

Below are their respective formulas:
=IF(L8<12000,"30%",IF(L8<20000,"40%",IF(L8<30000,"50%",IF(L8<40000,"55%",IF(L8<50000,"60%",IF(L8>49999.99,"65%","")))))) formula for Juniors based on value on L8

=IF(L8<12000,"40%",IF(L8<30000,"50%",IF(L8<40000,"55%",IF(L8<50000,"60%",IF(L8>49999.99,"65%","")))))) formulas for seniros based on value for L8

Any suggestions are greatly appreciated!
 

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.

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