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How can I create a formula that will return the greater of two calculations

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    How can I create a formula that will return the greater of two calculations

    I am trying to calculate a monthly fee using the days360 function with a beginning and end date, but would like the formula to display at least a six month fee or the actual amount if greater than the six month calculation.

    date in date out amount due rate
    10/10/2017 3/31/2018 $182.40 $32.00



    Formula for amount due is: =DAYS360(A2,B2)/30*D2

    Any help you can provide would be greately appreciated.
    I am using Excel 2007

    Ann

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    Forum Expert shg's Avatar
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    Re: How can I create a formula that will return the greater of two calculations

    =max(days360(a2, b2), 180) / 30 * d2
    Entia non sunt multiplicanda sine necessitate

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    Re: How can I create a formula that will return the greater of two calculations

    Thanks for the quick reply....ever so grateful. :-)
    I should have joined the forum a long time ago.

  4. #4
    Forum Expert shg's Avatar
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    Re: How can I create a formula that will return the greater of two calculations

    You're welcome.

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