Reconfiguring a formula to include "RoundUp"

TarkTeam4

New Member
(A)
I currently have a formula ... IF(AND(K8>2001,K8<15000),(K8-2000)*0.005)+60
K8 = \$2460.00
Producing the final answer to be = \$62.30
This formula works out perfectly.

(B)
However, I am now trying to add the "round-up" feature to the nearest thousand of the first portion of the formula ... IF(AND(K8>2001,K8<15000),(K8-2000)
(where again) K8 = \$2460.00
Producing the answer to be = \$460
Rounding up the answer to the nearest thousand would come out to = \$1000

Then including the latter portion of the formula to the \$1000 ... *0.005)+60
Bringing the final answer out to be = \$65.00

How can I rewrite formula (A) that would include (B) "RoundUp" to the nearest thousand and get the results I am looking for?

Excel Facts

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Use =UPPER() for upper case, =LOWER() for lower case, and =PROPER() for proper case. PROPER won't capitalize second c in Mccartney

Fluff

MrExcel MVP, Moderator
Hi & welcome to MrExcel.
Excel Formula:
``=IF(AND(K8>2001,K8<15000),CEILING(K8-2000,1000)*0.005)+60``

TarkTeam4

New Member
Hi & welcome to MrExcel.
Excel Formula:
``=IF(AND(K8>2001,K8<15000),CEILING(K8-2000,1000)*0.005)+60``
AWESOME!!!! That worked perfectly. You have saved me hours of trying to reconfigure it myself. Thank you!!!

Fluff

MrExcel MVP, Moderator
You're welcome & thanks for the feedback.

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