Rookie question

mongomcfly

New Member
Joined
Sep 16, 2006
Messages
2
I use EXCEL to keep track of the hours I work.I set it up just so it adds up my hours then multipies it by my hourly rate.After 40 hours I get time and a half. eg: $10.00 per hour reg / $15.00 per hour after 40 hours.Is there a way to set excel up to multiply by 15 instead of 10 once the hours add up to 40?

Thanks

MongoMcFLY
 

Excel Facts

What do {} around a formula in the formula bar mean?
{Formula} means the formula was entered using Ctrl+Shift+Enter signifying an old-style array formula.

pgc01

MrExcel MVP
Joined
Apr 25, 2006
Messages
19,887
Hi MongoMcFLY
Welcome to the board

With the total hours in A1 try:

=A1*10+MAX(0,A1-40)*5

Hope this helps
PGC
 

mongomcfly

New Member
Joined
Sep 16, 2006
Messages
2
It worked!

Thank you very much,I was going crazy trying to figure it out,,

MongoMcFLY
 

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