Improving Formula; IF Statement Is Too Long

Dec 21, 2009

I have a formula which is currently too long and which I'm sure could be done more efficiently. That plus Excel is saying the formula is too long. I have pasted the formula below and broken it up for clarity:

---------------------------------------------------------------------------------
=IF(AND(E3="Three",I3<=100),
(I3*VLOOKUP(C3,costsnetwork,10,FALSE)/100),

IF(AND(E3="Three",I3<=250),
(100*VLOOKUP(C3,costsnetwork,10,FALSE)/100)+((I3-100)*VLOOKUP(C3,costsnetwork,11,FALSE)/100),

IF(AND(E3="Three",I3<=850),
(100*VLOOKUP(C3,costsnetwork,10,FALSE)/100)+(250*VLOOKUP(C3,costsnetwork,11,FALSE)/100)+((I3-350)*VLOOKUP(C3,costsnetwork,12,FALSE)/100),

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I was trying to search for a set of keywords in column1 and if the logic is true then print predefined word in column 2. The problem is I have 14 sets of keywords for which I tried creating the longest if statement only to find out that the limit is 7. Below are few of the sets.

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[Code] ....

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Function AwardImpact(Code As String, Amount As Single)
Select Case Code
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Attachment 47491A.xlsx

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