Formula for calculation based on multiple conditions

H

hforman

Hi, I'm working on a payroll spreadsheet for use in Workers Compensatio
Premium Audits. For the purposes of workers comp, executive officer
have a minimum salary of $10,400, and a maximum of $52,000. So I woul
like to have a column of each officer's actual salary, then thei
adjusted salary in the next column.

Ex.
.....................actual.........adjusted
John Smith....$8,000.......$10,400
Sue Quinn.....$60,000.....$52,000
Jack Black.....$27,500.....$27,500

Is there any way to write a formula that says if a cell value is les
than a certain value, it equals one thing... if it's more than
certain value, it equals another thing... and if it is in between thos
values, it is as entered.

thank you
 
L

LanceB

Assuming your salaries are in column b
=IF(b1<10400,10400,IF(b1>52000,52000,b1))
 

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