Encountering error when modifying a formula

[dache416]

Hello,

Below is a formula that I am attempting to modify:

From this:
=IFERROR(IF(A8<MIN(A$8:A$30)+365*5+1,(IF(AND(A8>=$E$4,A8<=$E$5),1,0)*B8*(MAX(C8,D8)/365)+B8),(IF(AND(A8>=$E$4,A8<=$E$5),1,0)*B8*(D8/365)+B8)),"")

To this:
=IFERROR(IF(A8<MIN(A$8:A$30)+365*5+1,B8*(MAX(C8,D8)/365)+B8),B8*(D8/365)+B8)),"")

But it is giving me an error result.

Can anyone tell – what am I doing wrong

Thanks,
dache416