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Sale amounts (Cost) of $1000 and over earn 5%. Sale amounts less than $1000 but more than $500 earn a commission of 2%. Sale amounts

Sale amounts (Cost) of $1000 and over earn 5%.

Sale amounts less than $1000 but more than $500 earn a commission of 2%.

Sale amounts less than $500 do not earn a commission.

What is an IF excel function that will satisfy these 3 constraints

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