Hi
trying to formulate the excel to return a percentage rebate/charge from the table which contain of 2 argument(purchase year & how many installment) but got error, i was trying to apply nesting if to do it but error come "the specified formula cannot be entered because it uses more levels of nesting than are allowed in the current file format.
this is my formula, however error come when i insert another nesting if, i believe i do the wrong way, please correct me.
=IF(AND(C11<=2006,C13<=3),"65%",IF(AND(C11<=2006,C13<=6),"60%",IF(AND(C11<=2006,C13<=12),"55%",IF(AND(C11<=2006,C13<=18),"50%",IF(AND(C11<=2006,C13<=24),"35%",IF(AND(C11=2007,C13<=3),"55%",IF(AND(C11<=2007,C13<=6),"50%")))))))
Appreciate your assistance.
example 2.xls
Best Regards
Eric Tham
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