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Excel Formula: SUMIF with IF and ROUND Functions for Conditional Sum and Rounding

Best for: Financial Analyst, Data Analyst, Accountant, Business Analyst, Project Manager.

This prompt demonstrates how to combine the SUMIF, IF, and ROUND functions in Excel to achieve conditional summation and rounding. By utilizing the IF statement, you can specify a criterion to determine which values to include in the summation. The SUMIF function then calculates the sum of those values, while the ROUND function rounds the result to the specified decimal place. This provides a versatile method for performing complex calculations involving conditional sums and rounding.

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