Multiple IF statements

fsdeniro

New Member
Joined
May 15, 2002
Messages
40
Hello,

I struggling to get this formula to work, but it's not. Any help would be appreciated.

Cell A2: $5.15

Formula is as= if (A2=<3.75,11%,if(4.50>=A2>3.75,13%,if(4.50<A2<=5.50,15%,if(A2>5.50,17%)))) the output is 13%. It should be 15% because the value is greater than 4.50 but less than 5.50.

Any help would be appreciated.

Thanks
 

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.

Forum statistics

Threads
1,224,597
Messages
6,179,808
Members
452,944
Latest member
2558216095

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