Have your tried mround()
=MROUND(A7*2.66,0.05)

"Machel_C" wrote in message
...
I am trying to multiply A7 by B7, I then want that result to round to the
nearest 0.05. This is what I have and it wont work.Or maybe it cant be
done?
=(A7*2.66),Ceiling(B7,0.05)
This formula is in cell B7

Is it possible?
Any help greatful