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Excel
Jul 23, 2022Iron Contributor
Query related to excel
Hello Everyone, How can I achieve the following calculation in a formula? If the house value is 750,000 or less the maximum mortgage amount allowed is 80% of that value. If the house value i...
- Jul 23, 2022
Excel Let's say the value is in A1, try this:
=MIN(750000,A1)*80%+MAX(0,A1-750000)*50%
Riny_van_Eekelen
Jul 23, 2022Platinum Contributor
Excel Let's say the value is in A1, try this:
=MIN(750000,A1)*80%+MAX(0,A1-750000)*50%