Forum Discussion
Excel Formula, combining two IF statements
I need to string together two IF statements, =IF(C7>=70, C7*0.5) and =IF(C7<=69, C7*0.65), please help
thanks Sergei.
B7 = years and I have different variables depending on the number of years a person is in employment.
so if a person is in employment for 8 years, the remuneration would be split in different parts for service completed between:
years 5 to year 8,
year 3 to years 5
years 1 to 3.
the first IF function works for anyone who has completed more than 5 years of service as well as anyone who has completed more than 3 years. It’s only when the person has completed less than 3 years I get stuck.
the 2nd IF function works in isolation, but not when combined with the 1st.
To split on part
years 5 to year 8,
year 3 to years 5
years 1 to 3
with nested IF could be done as
=IF( B7 >= 8, calculationEight,
IF( B7 >= 5, calculationFive,
IF( B7 >= 3, calculationThree,
IF( B7 >= 1, calculationOne, 0
))))