[AccessD] More Of An Excel Question Really

[Darren - Active Billing]

Hi Team,

 

I need a formula for working out dollar tiers from a given dollar amount

 

EG assume I start with an amount of $480,000 – This amount to be divided into tiers.

 

Assume tier 1 is Zero to $50,000

Assume tier 2 is $50,001 to $200,000

Assume tier 3 is $200,001 to $500,000

Assume tier 4 is $500,001 to $1,000,000

Assume tier 5 is $1,000,001 to $3,000,000

And on 

 

So, from the Gross amount of 480K – what amounts (up to 480K) fit into what tiers?

 

Answer:

50K of that 480 fits into tier 1 (430k remaining)

150 of that remaining 430k fits into tier 2 (280k remaining) 

280 of that 280k fits into tier 3 (all monies exhausted)

No further tier assignment required

 

ANSWER NUMBERS

  50+

150+
280 =
--------

480

 

How would the Answer above be built as a formula in excel though?

i.e. I type in an expected gross amount into a cell (In this case 480,000)

The formula instantly assigns those 3 x ANSWER NUMBERS above to the relevant tiers?

 

Hope it makes sense

 

Many thanks in advance

 

Darren