I have completed the formula and it is functional, however I was wondering if anyone know a shorter way it could be written using some other function/formulas. Here is the formula:
IF(AND(F4="Regular",G4>=2500,G4<=50000),1,IF(AND(F4="Regular",G4>=50001,G4<=249000),2,IF(AND(F4="Regular",G4>=250000),3,IF(AND(F4="Direct",G4>=25000,G4<=50000),1,IF(AND(F4="Direct",G4>=50001,G4<=99000),2,IF(AND(F4="Direct",G4>=100000,G4<=249999),3,IF(AND(F4="Direct",G4>=250000,G4<=499999),5,IF(AND(F4="Direct",G4>=500000,G4<=999999),7,IF(AND(F4="Direct",G4>=1000000),10,IF(AND(F4="Term",G4>=50000,G4<=249999),3,IF(AND(F4="Term",G4>=250000,G4<=499999),5,IF(AND(F4="Term",G4>=500000),7,"")))))))))))).
Thank you