If Formula Displaying False

Nov 30, 2009

The first being that when the first if condition is not met, it is displaying false. The formula should be set up with multiple if statements and then display 0 if all conditions are false. What am I missing? Why won't it work for all the conditions or display a 0?

Second problem is that when I try to add the last if formula to accommodate the drop down option of 60 months (5) excel is giving me an error in the formula. It doesn't matter if I type in the if statement or cut and paste. Why won't it work for this option. A sample spreadsheet is attached. The formula is cell F6 highlighted in yellow.

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