Minimum Rent

GLOWE

New Member
Joined
Sep 8, 2014
Messages
11
Hi,
I am putting together an excel spreadsheet to calculate rent. We offer subsidized rents based on income but we have a minimum rent of $85. In some instances based on our calculations, the rent calculates at less than $85. I can get the calculation to show minimum $85 but can't get it to auto sum if over that amount. I have tried {=MIN(IF(C20:C22<85,85,C20:C22))} also =SUMIF(C20:C22<85,85,C20:C22) neither work.

Again, if over $85 I need it to auto sum if under $85 then $85.

Hope someone can help
 

Excel Facts

How to find 2nd largest value in a column?
MAX finds the largest value. =LARGE(A:A,2) will find the second largest. =SMALL(A:A,3) will find the third smallest

Forum statistics

Threads
1,214,982
Messages
6,122,581
Members
449,089
Latest member
Motoracer88

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top