I need to do at several levels of values in a cell

I need a formula to give me several different levels on a cell.  More precisely;

First % of $100,000 = 2,175

% Of $400,000 = 1,305 following

Next $2,000,000 = 8.7 percent

Next $2 500 000 = 6.55 percent

Next $2 500 000 = 6.1 percent

More than $7,500,000 = 5.65 percent

I have a formula in an old worksheet that works, but my values have changed, and I can't figure out exactly why it works.  I'm an amateur trying to look professional.  AMOUNT (0.25, 0.75% × G5 %×MIN(G5,2000000),0.5%×MIN(G5,500000),1%×MIN(G5,100000)))

Hi stephanie,.

Use a lookup table. This makes it easy to modify the thresholds and rates without having to rewrite the formula.

Here's an example, using the rates and thresholds in your message.

INT is the first two columns of search table.the are given seizure - threshold amounts in column A and the interest rate from thea threshold in column B.

Column C contains the following formula, which is used to calculate the interest charged at each threshold.

C2: entered value - 0 (zero)

C3: = B2 + C2 × (A3−A2)

Fill to last line requiring this calculation (line 7 in the example).

MAIN is the table on which the interest due is calculated.  The amounts are recorded in column A, all other values in the table are calculated. Calculation has been spread over four columns to display each step separately. the whole calculation can be done in a single column, using the formula below.

All formulas are entered in row 2, and then fulfilled down to the number of lines needed for the calculation of the amounts of the different loans.

B2: = LOOKUP($A,INT::$A,INT::B)

The interest rate on the amount greater than the amount of threshold spent last search.

C2: IS EQUAL TO LOOKUP($A,INT::$A,INT::C)

Research the amount of interest on a loan to this increased threshold amount.

D2: = B × (($A, INT::$A) A−LOOKUP)

Look up to the last threshold amount spent, which subtracts the amount of the outstanding loan and multiply the result by the interest rate in column B.

E2: = C + D

Calculates the changes of total interest by adding the due interest on the amounts until the last threshold and the interest due on the amount exceeding this threshold.

The four formulas can be combined as follows, to return the same result:

F2: = LOOKUP($A,INT::$A,INT::C) + (A−LOOKUP($A,INT::$A)) × LOOKUP($A,INT::$A,INT::B)

Kind regards

Barry

Tags: iWork

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