Nested IF AND FORMULA for Tiered Fee Calculation

slstewart249

New Member
Joined
Apr 14, 2018
Messages
3
I am trying to write a nested IF AND Function to produce a result off of a Tiered Fee Table.
A . B . C . D
1 . Condition 1 Condition 2 Result if True . Result if False
2 . 1,000 2,000 1.7% . 0
3 . 2,000 3,000 1.6% . 0
4 . 3,000 . 4,000 . 1.5% . 0
5
6 . # to Be evaluated:
7 1,500
8 . 2,500

The below formula works for w having only two conditions (A2,B2).
If written it so =IF(AND(A7>=A2,A7<=B2),C2,D2)

How can I write a NESTED FORMULA to have multiple conditions ie. Row 2, Row 3, Row 4?
 

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.
Does this do what you want?
If not & you still need help, please give more details about the exact result(s) want, where and why.

Excel Workbook
ABC
21,0002,0001.70%
32,0003,0001.60%
43,0004,0001.50%
5
6
715001.70%
82,5001.60%
Lookup
 
Upvote 0
A
B
C
D
1
Condition 1 Condition 2 Result if True . Result if False
2
1,000​
2,000​
1.70%​
0​
3
2,000​
3,000​
1.60%​
0​
4
3,000​
4,000​
1.50%​
0​
5
6
6 . # to Be evaluated:
7
1,500​
1.70%​
8
2,500​
1.60%​
Sheet: Sheet43

Formula in cell B7:
=SUMPRODUCT((A7<$B$2:$B$4)*(A7>$A$2:$A$4)*$C$2:$C$4)
 
Upvote 0

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