If or and statement

[Rodrigues]

Hi All
looking for some help on this formula:
IF OR
Cell: X2 equal/less than 0, look at cell AA2 and if equal/less than 0, "", if not calculate formula
Cell: AA2 equal/less than 0, look at cell X2 and if equal/less than 0, "", if not calculate formula

I tried formula on file attached, however not returning the results needed.
Could please someone help me?
Thanks in advance.
Regards
R

 

[Nightlytic]

Is this working?
=IF((AND(X2<=0, AA2<=0)),"",20+(0.01*X2)+(0.22*AA2))

 

[Peter Bartholomew]

Two alternative solutions.
The first returns nothing if both conditions are a fail

The second returns a value if either condition is successful

The two statements are equivalent in terms of the logic.

 

[Rodrigues]

All
Thank you so much, works very well.
Regards
R