Hope someone can help me with the proper function in MS Excel (2002) to do the following.

If a number in a cell is between 50000 and 64999, that number is to be multiplied by .05 (5%). If lower or higher than this range, the result should be zero.

For example, if the sum in the cell is $57,600, the result shown in another cell should show that number times 5%.

Please help if you know the correct formula to do this. Thanks so much.

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Harvey Gersin
hgersin@comcast.net