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Excel if with nested functions possible?

Posted by: admin May 14, 2020 Leave a comment

Questions:

I have a spreadsheet I’m trying to calculate fees and such with but instead of having 10 columns for calculating I want to condense it.

Can I input something like this in excel and get it to work? It’s giving me errors right now.

=IF((u3*0.12)<1, "1", (=sumproduct(u3*0.12)+u3))
  • The value in u3 is a sum of 4 other rows

  • U3 is a sum of costs.

  • I need 12% of the costs of u3 and if it’s less than 1, I need the
    u3 sum + 1. If the value u3*0.12 is >1 I want the value
    u3+(u3*0.12) printed.

Sorry if I’m being redundant, I just want this thing to work

How to&Answers:

Your Formula has some errors in it. But what you are wanting to do is completely possible.

The quick answer is yes you can nest formulas inside of formulas. I do not know how many levels you can go, but I have written some fairly complex ones myself, so they can go deep.

For what you have there change it to:

=If((U3*.12)<1,U3+1,SUM((U3*.12)+U3))

This says If 12% of U3 is less than one then this cells value is U3+1. However if 12% of U3 is greater than 1 then this cells value is 12% of U3 + U3

Answer:

i need 12% of the costs of u3 and if it’s less than 1, i need the u3 sum + 1. if the value u3*0.12 is >1 i want the value u3+(u3*0.12)

Try,

=if(u3<8.333, sum(1, u3), u3*1.12))
'alternate maths interpretation
=max(1, u3*0.12)+u3