Hello!
I am trying to create an interactive permit fee schedule in Excel. Essentially, I have a valuation, broken down into 5 categories of ranges with a set fee per range and an additional fee that increases for each additional thousand. I need help building a formula, so that when I enter an amount, Excel will populate the new valuation with added fees. Can anyone help me set this up please? I would so appreciate it. Thank you!
Here is the layout of the valuation:
Up to $2,000 Fee: $40.39
$2,000.01 to $50,000 Fee: $40.39 Plus $6.92 for each additional thousand
$50,000.01 to $100,000 Fee: $372.71 Plus $5.57 for each additional thousand
$100,000.01 to $500,000 Fee: $651.38 Plus $4.19 for each additional thousand
$500,000.01 and Up Fee: $2,326.84 Plus $2.79 for each additional thousand
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