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 ofu3
and if it’s less than 1, I need the
u3
sum + 1
. If the valueu3*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
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
Tags: excelexcel, function