What is the formula for rounding a dollar amount to the nearest ni

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  • Start date Start date
G

Guest

What is the formula for rounding a dollar amount to the nearest nickel?
 
Didn't make sense... I meant cents rounding to nearest nickle,Example: 1.22 =
1.20 or 1.23 = 1.25. ;-)
 
Try this:
For a value in A1
B1: =ROUND(A1/0.05,0)*0.05

Does that help?

***********
Regards,
Ron

XL2002, WinXP-Pro
 
Ya know what? Between reading some posts, and installing something called an
Analysis Toolpak, it worked out! Should have delved in a little deeper
before asking. Thank you, though!!
 
The Analysis Tool Pak (ATP) in an add-in that provides dozens of
addition functions. If you have the ATP loaded (go to the Tools
menu, choose Add-Ins, and put a check next to Analysis Tool Pak),
you can use the MROUND function to round to the nearest nickel.

=MROUND(A1,0.05)


--
Cordially,
Chip Pearson
Microsoft MVP - Excel
Pearson Software Consulting, LLC
www.cpearson.com
 
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