How do I stop Numbers from rounding results of a quotient?

I'm trying to set up a spreadsheet that will automatically calculate what each of my housemates owes me for utilites. Currently, I have it set so that I can enter in one to three different bills and it will add them up, and it is set to divide the total by 7 to give what each person owes. Currently, I am trying to divide $37.59 by 7, but it is rounding each answer to $5.00, which is incorrect. I have all of the cells set to currency, and each at 2 decimal places. My exact quotient cell is as follows:
=QUOTIENT(C14,7)
Any help on how I can get it to display the exact monetary value after the division would be greatly appreciated! Thanks!

QUOTIENT works with integers (or the integer part of a decimal numbers, so what you're seeing it the result of this arithmetic exercise (without the remainder):
The remainder is provided by the MOD (short for modul0) function.
Jerry is correct in describing the result you want as the "precise" answer rather than the "exact" answer. While both are the same for your example, the example is a special case.
Had you spent only a penny more (or a penny less) there would be no "exact" answer to the question "amount" divided by seven. There would be a correct answer, precise to the nearest hundredth of a dollar.
Regards,
Barry

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