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No. Rounding can be one way of formatting, but generally they are very different. Rounding just changes the amounts of decimal places displayed. Formatting can do that and a huge amount of other things, such as the type of number, like currency or percentage. Formatting can change the size, the font and the colour. Formatting can change underling, italics and bolding. So it can change a lot of things. Rounding is just one specific thing you can do.

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