How can you round amounts to the nearest .05 in PHP?

To round amounts to the nearest .05 in PHP, you can multiply the amount by 20, round it to the nearest integer, and then divide it by 20 to get the rounded amount to the nearest .05. 

$amount = 10.37;
$rounded_amount = round($amount * 20) / 20;
echo $rounded_amount; // Output: 10.35

Keywords

PHP round nearest .05 amount

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