Trying to finish off a formula

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sflawson

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May 28, 2021
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I'm trying to do a calculation where thing up to 1,000,000 are calculated at 5.5%, above 1,000,000 - 1,500,000 are calculated at 6.5% then anything above 1,500,000 are calculated at 7.5%.

I started the below formula and it works until I get above 1,500,000. The underlined formula is what I tried to add to finish the above idea but something is wrong. Any suggestions?

=IFS(P14<=1000000,0.055*P14,AND(P14>1000000,P14<=1500000),P14*0.065),AND(P14>=1500000,P14<=2000000),P14*.075)
 

Excel Facts

Why are there 1,048,576 rows in Excel?
The Excel team increased the size of the grid in 2007. There are 2^20 rows and 2^14 columns for a total of 17 billion cells.
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