Following the same logic, one could round to the nearest whole number. For example, 1.5 (pronounced as "one point five" or "one and a half") would be rounded up to 2, and 2.1 would be rounded down to 2.
Also, what does it mean to round to the nearest dollar?
Rounding to the Nearest Whole. You might have seen a word problem that asks you to round to the nearest mile or the nearest dollar. Let's check out some examples of rounding to the nearest whole. Example 1: Sheila spent $156.87.Round this to the nearest dollar.
How do you round off to the nearest 5?
You also can use this formula =MROUND(A2,5) to round numbers to nearest 5. 2. In the above formulas, A2 is the number you want to round, and 5 is the nearest number. If you want to round number to nearest 10/50, you can change the formula to =ROUND(A2/10,0)*10 or =MROUND(A2,10), or =ROUND(A2/50,0)*50 or =MROUND(A2,50).
What is the whole dollar method?
Whole Dollar Method, a method of reporting dollar amounts in which the fractional part of a dollar is disregarded unless it amounts to one half dollar or more, in which case the amount is rounded up to the next full dollar.