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

Peggy -
 
Use the MROUND function. You would use the function as  follows if the value 
you want to round is in cell B1:
 
=MROUND(B1,0.05)
 
The  MROUND function is a part of the Analysis ToolPak included with Excel. 
If you  don't want to install the toolpak or if you will be working with 
negative  values, then you can't use MROUND. (The function returns errors if 
you use 
 negative numbers.) In these instances, you can resort to the regular ROUND  
function. 
 
=ROUND(B1/0.05,0)*0.05
 
Regards,
 
Terry
 

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