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Need more =if functions

  1. #1
    user@msn
    Guest

    Need more =if functions

    I'm trying to do an if,then function that looks at data in a cell and
    compares to 13 different possible results but excel on allows 7 nested IF
    functions. Any thougths on how to complete this task?

    This is in regards to banking. The function should look at the term (13
    different terms) and based on the term should return the appropriate rate.

    Thanks

  2. #2
    Jason Morin
    Guest

    Re: Need more =if functions

    With that many, I would use a VLOOKUP. To learn how to
    use a VLOOKUP, see:

    http://www.contextures.com/xlFunctions02.html

    Or, if you're dead set on IFs, you could always
    concatenate them:

    =IF(A1=1,1.3%,"")&IF(A1=2,3%,"")&IF(A1=4,6.5%,"")&IF
    (A1=5,2.2%,"")&IF(A1=6,4.4%,"")&IF(A1=9,7%,"")&IF
    (A1=10,7.5%,"")&IF(A1=11,8.8%,"")&IF(A1=3,3.5%,"")&IF
    (A1=12,4.9%,"")&IF(A1=13,1%,"")&IF(A1=7,1.6%,"")&IF
    (A1=8,6.25%,"")

    HTH
    Jason
    Atlanta, Ga

    >-----Original Message-----
    >I'm trying to do an if,then function that looks at data

    in a cell and
    >compares to 13 different possible results but excel on

    allows 7 nested IF
    >functions. Any thougths on how to complete this task?
    >
    >This is in regards to banking. The function should look

    at the term (13
    >different terms) and based on the term should return the

    appropriate rate.
    >
    >Thanks
    >.
    >


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