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Default Changing Decimal Places for Multiplication

I use 4 place numbers in my investment calulations but the last number to be
multiplyed by the the number of shares is a 2 place decimal but the
calculation still give me the 4 place multiplication.

Example:

shares price/share +.245 change to 2 dec
Value(shares*10.85)
1500 10.6000 10.8450 10.85 16267.5

I want 10.85 x 1500 which would be16275 not the 16267.5

Thanks

Glen
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Default Changing Decimal Places for Multiplication

when excel does the calculation, it uses the underlying number, not the
formatted number you see. to get the result, use =round(B3,2), if B3 is the
cell where 10.8450 is.

"Glen Davidson" wrote:

I use 4 place numbers in my investment calulations but the last number to be
multiplyed by the the number of shares is a 2 place decimal but the
calculation still give me the 4 place multiplication.

Example:

shares price/share +.245 change to 2 dec
Value(shares*10.85)
1500 10.6000 10.8450 10.85 16267.5

I want 10.85 x 1500 which would be16275 not the 16267.5

Thanks

Glen

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