Nested IF to calculate credit rating

[Bee82]

Hi,
I saw one of your posts and tried to apply that for my IF statement to determine credit rating but i am sure there is something i am not doing right. Can you please help??

I need to to achieve the following:

If score is less then 0 then customer to get credit rating of NO RATING
If score is more then 1 or equals to 10 then customer to get credit rating of D-
If score is more then 11 or equals to 20 then customer to get credit rating of D
If score is more then 21 or equals to 30 then customer to get credit rating of C-
If score is more then 31 or equals to 40 then customer to get credit rating of C
If score is more then 41 or equals to 50 then customer to get credit rating of B-
If score is more then 51 or equals to 60 then customer to get credit rating of B
If score is more then 61 or equals to 70 then customer to get credit rating of A-
If score is more then 71 or equals to 80 then customer to get credit rating of A
If score is more then 81 or equals to 90 then customer to get credit rating of AA
If score is more then 91 or equals to 100 then customer to get credit rating of AAA

I was trying to apply the following statement but it's giving me a false value.
=IF(B2>91=100,”AAA”,IF(B2>81=<wbr style="font-family: arial, sans-serif; ">90,”AA”,IF(B2>71=80,”A”,IF(B2><wbr style="font-family: arial, sans-serif; ">61=70,”A-”,IF(B2>51=60,”B”,IF(<wbr style="font-family: arial, sans-serif; ">B2>41=50,”B-”,IF(B2>31=40,”C”,<wbr style="font-family: arial, sans-serif; ">IF(B2>21=30,”C-”,IF(B2>11=20,”<wbr style="font-family: arial, sans-serif; ">D”,IF(B2>1=10,”D-”,IF(B2<0,"<wbr style="font-family: arial, sans-serif; ">NOT RATED")))))))))))

Please if someone can help me with this

 

[mfexcel]

what you need is a LOOKUP formula, or a vlookup with false.

example:
=LOOKUP(Score,{0;1;11;21;31},{"No Rating";"D-";"D";"C-";"C"})

or a vlookup with false.

[TABLE="width: 119"]
<colgroup><col><col></colgroup><tbody>[TR]
[TD]0[/TD]
[TD]No Rating[/TD]
[/TR]
[TR]
[TD]1[/TD]
[TD]D-[/TD]
[/TR]
[TR]
[TD]11[/TD]
[TD]D[/TD]
[/TR]
[TR]
[TD]21[/TD]
[TD]C-[/TD]
[/TR]
[TR]
[TD]31[/TD]
[TD]C[/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Score[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]25[/TD]
[TD]C-[/TD]
[/TR]
</tbody>[/TABLE]

In B8,
=VLOOKUP(A8,$A$1:$B$5,2)

for reference:
vlookup – True or False?? | wmfexcel

 

[Bee82]

Thank you mfexcel -it worked wonders

 

[mfexcel]

you are welcome!

Thank you mfexcel -it worked wonders