IF formula help! pretty please.

KCALDERON5894

New Member
Joined
Mar 3, 2014
Messages
7
Hi There I have a formula for rates that works =IF(B4<350000,1100,IF(B4<750000,4.179,IF(B4<1500000,4.104,4.028))) which is based on the Revenue entered in (B4) - it assigns the correct rate then I have the price (B9) set to multiply by (B4) to get the price HOWEVER for revenues of under 350000 dont have a rate, they have a Minimum price $1,100 so when anything under 350K is entered it screws up my price box because it multiplies the min price with the revenue which is not correct. Is there any way to add a rule that if revenue (B4) is less than 350,000 the premium is $1,100? to =B4*B8/1000 in (B9)? To calculate right price?
Revenue $350,000
Limit$1,000,000
Rate4.179
Price $1,463
LimitsRate
$1,000,0004.179
$1,500,0005.225
$2,000,0005.225

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Code:
=IF(B4<350000,B4*B8/1000,IF(B4<750000,4.179,IF(B4<1500000,4.104,4.028)))
 
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