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numbers in range

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Hi,

 

Am trying to create a column using IF to assign an entity name for for account numbers within particular range.

 

For example:

 

Account number with range 70000 to 79999 and 1050000 to 1059999 call them Entity one 

Account number with range 80000 to 89999 call them entity two 

 

Am I wrong using the IF? I think am not putting the logic of =< and => correctly in the formula 

 

 

Appreciate any help

 


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