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Iron Contributor
Jul 23, 2022

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...
  • Riny_van_Eekelen's avatar
    Jul 23, 2022

    Excel Let's say the value is in A1, try this:

    =MIN(750000,A1)*80%+MAX(0,A1-750000)*50%

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