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To merge four IF functions into a single IF function, follow these steps:

1. Identify the conditions and actions of the four IF functions.

2. Determine the logical order of the IF functions. In other words, which IF function should be evaluated first, second, third, and fourth.

3. Use the nested IF function syntax to combine the four IF functions into a single IF function. The general syntax is:

IF(condition1, action1, IF(condition2, action2, IF(condition3, action3, action4)))

1. Insert the conditions and actions of the four IF functions into the nested IF function according to the logical order you determined in step 2.

2. Test the new IF function to ensure that it functions correctly.