Currency formula to return price within a range

Hi All,

I’m looking for some help in building out a formula field (Transfer Tax) that is formatted as currency. I’m new to Airtable but have a lot of Salesforce.com experience. The Transfer Tax field provides the dollar amount that will be charged when the dollar amount in another field (Purchase Price) falls in a certain range. The rule is: the transfer tax is $3.30 for every $1,000 of the purchase price. Essentially, a Purchase Price anywhere from $0-$999.99, the Transfer Tax field should be showing $3.30. If the Purchase Price is anywhere between $1,000-1,999.99, the Transfer Tax field should be showing $6.60. If the Purchase Price field is anywhere between $2,000-$2,999.99, then the Transfer Tax field should show $9.90. This continues for infinity. Ideally, I only need it for a purchase price going to about $100,000. In Salesforce.com, I would likely do this using something like the IF and QUANTITY logical and numeric functions. That said, I don’t think Airtable has the QUANTITY numeric function. So looking for some help in how you might build out this formula field. Appreciate any help!

Hi Bryan! You can solve this with a math problem to avoid IF statements. Round the number UP to the nearest 1000, then divide by 1000 and multiply by $3.30. The below formula should work:

ROUNDUP(Purchase Price,-3)/1000*3.3

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Ahhhh spot on, Julian! So much cleaner than a IF statement! Exactly what I was looking for. Thank you!

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