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To create an IF statement in Excel that adds a percentage to a dollar amount based on the previous year's value, you can use the following formula:
=IF(A1=0, B1, A1 * (1 + 3.26%))
In this formula:
-
A1represents the dollar amount for the year 2026 (e.g., $25,891,151). -
B1represents the dollar amount for 2027, which you want to keep unchanged if 2026 is 0. - If the value in A1 is 0, the formula returns the value in B1. Otherwise, it calculates the new amount by adding 3.26% to the value in A1.
This way, if 2026's amount is 0, 2027's amount remains the same; otherwise, it increases by 3.26%.