Min Value with Formula?

DucDuc

New Member
Joined
Dec 2, 2009
Messages
19
Hello Everyone,

You guys always blow me away with your solutions when I've needed them. Thank you!

I have a formula, =Round((AW2*.85)+IF(V2="yes",-700),-2) and it works perfectly but I would like to add a min value of 4000. I have tried =MIN(4000,.....my formula, but not been able to get the result. Will this be possible without moving to a new column/inclusive to existing formula?

Thanks in advance for having a look and offering suggestions

Best,
Tom
 

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Joe4

MrExcel MVP, Junior Admin
Joined
Aug 1, 2002
Messages
63,408
Office Version
  1. 365
Platform
  1. Windows
Do you mean that you want the value to come back to be at least 4000?
If so, you need to use MAX, not MIN, i.e.
Code:
=MAX(ROUND((AW2*0.85)+IF(V2="yes",-700),-2),4000)

Think about it, if you say I want the minimum of 100 and 4000, the answer is 100.
But if you say that you want the maximum of 100 and 4000, the answer is 4000.
 

DucDuc

New Member
Joined
Dec 2, 2009
Messages
19
Brilliant! Thank you! Makes sense, I learned something today and it's only 8:48AM, thank you.
 

Joe4

MrExcel MVP, Junior Admin
Joined
Aug 1, 2002
Messages
63,408
Office Version
  1. 365
Platform
  1. Windows
You are welcome.
 
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