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  1. R

    Help explaining a formula

    Hi I have a formula that i'm struggling to figure out, wonder if anyone could help me explain it? The fprmula is; =IF(N20<5,$J$20*L20,J20*L20) N20 refers to the count of claims paid J20 refers to the Average claim amount L20 refers to the number of claims pending Hope this enough info to...

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