How To: Replace a long IF with a MIN/MAX formula in Excel

New to Excel? Looking for a tip? How about a tip so mind-blowingly advanced as to qualify as a magic trick? You're in luck. In this Excel tutorial from ExcelIsFun, the 100th installment in their series of digital spreadsheet magic tricks, you'll learn how to replace a long IF formula with a simple MIN/MAX formula (or an even simpler MEDIAN function). See 3 amazing examples. When you have a hurdle such a Commission Hurdle or a Payroll Taxable Earning Hurdle, and you are using an IF function formula, it may be easier to use the MEDAIN function in your formula. You'll see aee a payroll example, a sales commission example and an extra-credit homework example.