I'm trying to figure out how to calculate the rate increases in my company but we have a special specs.
What I need is to increase rates by 6% but I need to round UP to the nearest 50 cents or to the dollar, whichever is closer.
my rate is 106
6% increase would be 106 + 6.36 = 112.36
This should round up to 112.5
Any questions let me know.