Multiple IF statement with 3 or more variables.

Here it is in a nutshell:

I have the following parameters that i must meet.

in cell A1 i have a value that is changing.

I want cell A2 to look at this value and determine what to do, it must meet the following things. I am thinking this can be done with an if statement but i am not sure exactly how.

if A1>600, A1*.02
If A1>399, A1*.03
If A1<400, 5.50

so basically what i am trying to do is look back at A1 and if the value falls between 399-599 multiply that value by 0.03, if the value is lower than 400 then report 5.50, if the value is 600 or greater then multiply by 0.02

Thanks in advance.

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rkm140,

Try:
=IF(A1>=600,A1*0.02,IF(A1<400,5.5,IF(A1>399,A1*0.03,"")))

Try

=IF(A1>600,A1*0.02,IF(A1>399,A1*0.03,5.50)

How about?

=IF(A1+0>600,A1*0.02,IF(A1+0>399,A1*0.03,5.50)

That means A1 is actually entered as a text string and not a number.