I work for an apartment complexe and I am evaluating rate
increases. The rate of increase is based on the distance
from what the market rate is. I have 9 different tiers.
This is the formula that I have been using, however, if
the rate does not fall with in the first 7 variables, I am
forced to manually correct with subtracting out because of
the addition after number 7. Does any of this make since?
=IF(G4<=-126,40,IF(G4<=-101,30,IF(G4<=-91,25,IF(G4<=-
81,22,IF(G4<=-71,20,IF(G4<=-51,18,IF(G4<=-37,15,IF(G4<=-
27,13))))))))+IF(G4<=-10,10,IF(G4>=0,0))-3
I tried the VLOOKUP and was having touble and not a lot of
time to figure out.
Thanks for the help.
Andrew