If statement with conditions

Thomas2017

New Member
Joined
Mar 31, 2017
Messages
8
Hello,

I'm trying to do an IF statement formula but I have too many arguments. My goal is to assign a numeric value in cell C3 based on conditions met or not met in C2 and C1. For example, as shown if table below --- if income is between $24,600 - $49,200 and the family size is 4 or fewer, then the payment is 20%. I want this 20% to be calculated automatically. If I put in 35,000 in C1 and 3 Family members in C2, I want C3 to automatically produce a value of 20%

Family Size
Pay Nominal Fee ($5)
Pay 20%
Pay 40%
Pay 60%
Pay 80%
Pay 100%
4 or fewer
$24,600
$49,200
$98,400
$147,600
$196,800
$196,801
5
$28,780
$57,560
$115,120
$172,680
$230,240
$230,241
6
$32,960
$65,920
$131,840
$197,760
$263,680
$263,681
7
$37,140
$74,280
$148,560
$222,840
$297,120
$297,121
For each additional person, add
$4,180
$5,225
$6,270
$7,315
$7,315

<tbody>
</tbody>
 

Excel Facts

Which lookup functions find a value equal or greater than the lookup value?
MATCH uses -1 to find larger value (lookup table must be sorted ZA). XLOOKUP uses 1 to find values greater and does not need to be sorted.
Family SizePay Nominal Fee ($5)Pay 20%Pay 40%Pay 60%Pay 80%Pay 100%
22460024688
32460024688
42460024688
52878024688
63296024688
73714024688
84236524688
94759024688
105281524688mytable
115804024688
126326524688
13684902468805
14737152468812
15789402468822
34
44
56
66
78
88
family143100049200******
family273800074280
family3945000237950
family455200057560
family565900065920
family686600084730
family71573000394700
family81380000136980
family91087000105630
family101194000116080
******
=(VLOOKUP(INT(E30/OFFSET($A$2,MATCH($D30,$A$3:$A$16,0),1)),mytable,2))*OFFSET($A$2,MATCH($D30,$A$3:$A$16,0),1)

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</tbody>
 
Upvote 0
Thank you so much for replying to my inquiry. I'm not sure if I understand how to do this exactly in excel. This doesn't show any ranges or if it does, I don't see them. I would love any additional advice you could give me.
 
Upvote 0
$a$3:$a$16 is a range

I found the family size then divided income by first amount and used that integer amount in the look up table (mytable)
 
Upvote 0

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