Tax Rate = CLIP(0, -4 * (TradeBalance/Networth + 4), 98)
What does CLIP mean? And can somebody give me an example on how to use this particular formula? Thank You.
Tax Rate = CLIP(0, -4 * (TradeBalance/Networth + 4), 98)
What does CLIP mean? And can somebody give me an example on how to use this particular formula? Thank You.
So if tax rate = clip (0, 50, 98)
What would be the tax rate? And how did you conclude this exactly?
It would be 50%
It just puts a bound on the range of the function between the two outer numbers.
oh i see, so whatever number above 0 and lower than 98 is that number.
Thanks Palem.
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