# If result is...Then text is the answer

1. ## If result is...Then text is the answer

I need a formula that will give a text answer. I have the following, but
does not work. =IF(B70=0.01,"of Dev. Cost"),IF(B70=0.05,"of Equity")

2. ## RE: If result is...Then text is the answer

Assuming that B70 can only be 0.01 or 0.05

=IF(B70=0.01,"of Dev. Cost","of Equity")
--
Gary's Student

"heater" wrote:

> I need a formula that will give a text answer. I have the following, but
> does not work. =IF(B70=0.01,"of Dev. Cost"),IF(B70=0.05,"of Equity")

3. ## Re: If result is...Then text is the answer

One way:

=IF(B70=0.01,"of Dev. Cost,IF(B70=0.05,"of Equity","of something
else")

In article <4C3ACD50-F0C4-4281-944F-0B247A0D374C@microsoft.com>,
heater <heater@discussions.microsoft.com> wrote:

> I need a formula that will give a text answer. I have the following, but
> does not work. =IF(B70=0.01,"of Dev. Cost"),IF(B70=0.05,"of Equity")

There are currently 1 users browsing this thread. (0 members and 1 guests)

#### Posting Permissions

• You may not post new threads
• You may not post replies
• You may not post attachments
• You may not edit your posts

Search Engine Friendly URLs by vBSEO 3.6.0 RC 1