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Multiply one cell by a factor and make that result round

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Machel_C

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Multiply one cell by a factor and make that result round

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

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