
Rounding a value to the nearest 5 cents
In this example, the dollar values need to be rounded to the nearest
number divisible by 5; that is, the rounded number must end with 0
or 5. There are various functions inside Excel for rounding values,
but the best function for this task is the MROUND function. It can
only be used if the Analysis ToolPak add-in has been installed.
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To round to a value that ends with 0 or 5:
1. Select cells B5:B11.
2. Type the formula =MROUND(A5, 0.05).
3. Press <Ctrl+Enter>.
Examples 367
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Figure 14-30
Figure 14-31