[mso] Re: Rounding rates to the nearest .05 or .00

The MROUND() function is the one you need. It rounds to the nearest
multiple, which will be 0.05 in your case.

Syntax is =MROUND([number or expression],[multiple])

HTH

Andrew

(CEILING only rounds UP) 

> -----Original Message-----
> From: mso-bounce@xxxxxxxxxxxxx 
> [mailto:mso-bounce@xxxxxxxxxxxxx] On Behalf Of Peggy Knesebeck
> Sent: 25 October 2006 16:09
> To: mso@xxxxxxxxxxxxx
> Subject: [mso] Rounding rates to the nearest .05 or .00
> 
>  
> I need to increase a rate charge by 4%.  However, I want to 
> round the rate tothe nearest .00 or .05 cents.  For example, 
> if the current rate is 36.41, and increase of 4% would make 
> it 37.86.  I would like that rate to round to 37.85.  But if 
> the increased rate calculated to 37.89, I would like that 
> rateto round to 37.90.  Can anyone help me with this in Excel? 
> 
> Thank you in advance for your help! 
> 
> Peggy
> 

*************************************************************
You are receiving this mail because you subscribed to mso@xxxxxxxxxxxxx or 
MicrosoftOffice@xxxxxxxxxxxxxxxx

To send mail to the group, simply address it to mso@xxxxxxxxxxxxx

To Unsubscribe from this group, visit the group's homepage and use the dropdown 
menu at the top.  This will allow you to unsubscribe your email address or 
change your email settings to digest or vacation (no mail).
http://www.freelists.org/webpage/mso

To be able to use the files section for sharing files with the group, send a 
request to mso-moderators@xxxxxxxxxxxxx and you will be sent an invitation with 
instructions.  Once you are a member of the files group, you can go here to 
upload/download files:
http://www.smartgroups.com/vault/msofiles

If you are using Outlook and you see a lot of unnecessary code in your email 
messages, read these instructions that explain why and how to fix it:
http://personal-computer-tutor.com/abc3/v28/greg28.htm
*************************************************************

Other related posts: