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What is an if excel function

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Reference no: EM132742510

Question: Sale amounts (Cost) of $1000 and over earn 5%.

• Sale amounts less than $1000 but more than $500 earn a commission of 2%.

• Sale amounts less than $500 do not earn a commission.

What is an IF excel function that will satisfy these 3 constraints?

The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132742510

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