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Display text if AND is true

I am using an and statement =AND(N16="Order placed",TODAY()>J16) for conditional formating to tell me when items are overdue. I'd like to display text if true "OVERDUE" "DUE TODAY" etc.

I tried =(IF(AND(N16="Order placed",TODAY()=J16),"OVERDUE" and that doesn't appear to work.

submitted by /u/Strange-Asparagus540
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