Adjusting A Formula

Apr 18, 2008

I am trying to figure out a formula for the boss, but I just cannot wrap my mind around what I need to do. I’m sending out an S.O.S.! If you can figure this out, please respond.

=MIN(b4*12-25%,b4*12-500) + MIN(c4*12-25%,c4*12-500) fills in the cell with the correct answer, but not quite the answer that I need. Let me illustrate:

The first part of the formula is to take b4 times 12 minus 25% --if this amount is less than or equal to 500 then use the amount. If it is more than 500 then use 500.

(b4*12-25%)
234.25 * 12 = 2811 – 25% = 2811
2811 - 25% = 702.75 500 Since this amount is more than 500, 500 should be used instead. ~~this is actually the amount that I want to show in the cell, the amount saved~~
2811 - 500 = 2311 ~~this is the answer that is showing up in the cell, which is not quite what I need. ~~

I want to find the answer to this question: b4 times 12 equals ?, subtract 25% or 500 from that, insert this answer into cell.

One of my biggest problems with this is that I can’t even figure out how to say what it is that I need. The formula is doing exactly what I'm telling it to do and I can't even figure out what it is that isn't working. This formula is confusing my brain…!

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