I'm attempting to write a formula that will need to do the following:
Using 10% of the sum of a block of cells (B17:E17) calculate that sum but,
if the sum < 130,000, show 130,000
if the sum > 250,000, show 250,000
I can get it to calculate based on one of the criteria above, but I'm not sure how to take both into consideration. This is how it's started so far:
=IF((SUM(B17:E17))/10<130000,130000,(SUM(B17:E17))/10)
I'm stumped on how to now plug in the maximum criteria.
Any help would be greatly appreciated.
Last edited by NBVC; 08-29-2011 at 02:09 PM.
Try:
=MEDIAN(130000,SUM(B17:E17),250000)
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The MIN/MAX formula would be:
=MIN(MAX(130000, SUM(B17:E17)), 250000)
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