Excel Need advice with a nested Formula I think?

Question

This is the formula I came up with:

=IF(H6<=0.35,35,IF(H6>=0.36,ROUND(B6*0.02,0)))

H6 is the percent of the balance I am trying to get it to do $35 or 2% of balance seems to work under 35 but when it goes over it don't work properly I need it to read $35 if the 2% is less :(( Any help would be greatly appreciated :)).

Answer 1

Not exactly sure what you're after, eg what's in B6?

As you're dealing in percentages are you sure you want to round to 0 digits not 2 or something like that?

ie if you change to:

=IF(H6<=0.35,35,IF(H6>=0.36,ROUND(B6*0.02,2)))

does that fix it?

Also, if H6 is 0.351 your formula is going to produce FALSE, is that by intention?