Formula - Calculate New Base Pay Rate?

Dec 27, 2012

I am trying to calculate a new base pay rate, but I need it make sure it is at least brought up the new minimum and capped at the new max of the range where applicable. The increase is based on 10%

So here are the columns used:

L = Current Base Pay
Q = New Min of the range
S = New Max of the range
U = where I want to calculate a 10% increase of L, but ensuring it is brought up to at least the min (Q) or not over Max (S). In other words if my min is $12 and Max $18 and my new base pay is $16 -- then I am good. However it if is $11.50 I need the formula to return at least $12. And visa versa -- if the new rate would be $18.50, I need it to return no more than $18.

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