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If/Then formula help
I have the following formula in a field to calculate a cost:
=IF([PreID]6, 5.18 * [Higher Qnty]6, 4.98 * [Higher Qnty]6)
However, if the result of this calculation is not at least $300.00 I need the formula to insert $300 instead of what is actually calculated. How would I modify this formula? Is this possible?
Thank you, Jennifer
Comments

You can put that whole thing in another IF:
TL;DR  you want this:
=IF(IF([PreID]6, 5.18 * [Higher Qnty]6, 4.98 * [Higher Qnty]6) < 300, 300, IF([PreID]6, 5.18 * [Higher Qnty]6, 4.98 * [Higher Qnty]6))
If I relable your formula (without the as YourWholeIF, what I did was
=IF(YourWholeIF < 300, 300, YourWholeIF)
which says, "if YourWholeIF is less than 300, then the result is 300, otherwise it is YourWholeIF".
Hope that helps!

I think Craig meant =MAX instead of =MIN, but I do like his format better.

Jennifer,
Or this
=MAX(IF([PreID]6, 5.18 * [Higher Qnty]6, 4.98 * [Higher Qnty]6),300)
(FIXED! Doh!)
Craig

Oh brillian J. Craig!!! It worked. Thank you.