Formula Generator - MROUND function
The MROUND function rounds a number to the nearest multiple of another number. It takes two arguments: the value to be rounded and the factor to which it should be rounded. If the value is exactly halfway between two multiples, it is rounded to the nearest even multiple.How to generate an MROUND formula using AI.
To get the MROUND formula from an AI chatbot, you could ask: "What is the formula in Excel to round a number to the nearest specified multiple?"
MROUND formula syntax.
The MROUND function in Excel is used to round a number to the nearest multiple of another number. The syntax for the MROUND function is: MROUND(number, multiple) - "number" is the value that you want to round. - "multiple" is the number to which you want to round "number" to. The MROUND function will round "number" to the nearest multiple of "multiple". If "number" is exactly halfway between two multiples, it will be rounded to the nearest even multiple. For example, if you want to round 15 to the nearest multiple of 10, you would use the formula: =MROUND(15, 10) This would return the result of 20, as 15 is closer to 20 than it is to 10.
Sales Tax Calculation
Calculates the sales tax for a given amount based on a tax rate.
value * factor
Project Timeline Adjustment
Adjusts project timeline by rounding the start and end dates to the nearest specified interval.
MROUND(start_date, factor) & " - " & MROUND(end_date, factor)
Inventory Replenishment
Determines the quantity of items to reorder based on the desired inventory level and the reorder point.