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Hi Community,


I need help making an IF THEN formula. I don’t know how to do this and would love your assistance.



I have records with the following relevant columns:







  • Price of Home (rental prices i.e. $1,000 or sale prices i.e. $500,000)




  • % Commission (7.5% or 8.333% or 2.5% or 3%)




  • GCI ($ gross commission income)




I want to make the following formula to fill in the GCI column:


IF % Commission is 2.5% OR 3% THEN GCI is calculated by {Price of Home}x{%Commission}


IF % Commission is 7.5% OR 8.333% THEN GCI is calculated by {12}x{Price of Home}x{%Commission}



Thanks so much!!!

Hopefully I captured what you needed here:



IF(

OR(

{% Commission} = .025,

{% Commission} = .03

),

{Price of Home} * {% Commission},

IF(

OR(

{% Commission} = .075,

{% Commission} = .083333

),

12 * {Price of Home} * {% Commission}

)

)



Best of luck!


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