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Entering and Editing Worksheet Data 3<br />

Formulas can be simple mathematical expressions, or they can use some of the powerful functions that are<br />

built into Excel. Figure 3.1 shows an Excel worksheet set up to calculate a monthly loan payment. The<br />

worksheet contains values, text, and formulas. The cells in column A contain text. Column B contains four<br />

values and two formulas. The formulas are in cells B6 and B10. Column D, for reference, shows the actual<br />

contents of the cells in column B.<br />

ON the CD-ROM<br />

This workbook, named loan payment calculator.xlsx, is available on the companion CD-ROM.<br />

FIGURE 3.1<br />

You can use values, text, and formulas to create useful Excel worksheets.<br />

CROSS-REF<br />

You can find out much more about formulas in Part II.<br />

Entering Text and Values into Your Worksheets<br />

To enter a numerical value into a cell, move the cell pointer to the appropriate cell, type the value, and then<br />

press Enter or one of the arrow keys. The value is displayed in the cell and also appears in Excel’s Formula<br />

bar when the cell is active. You can include decimal points and currency symbols when entering values,<br />

along with plus signs, minus signs, and commas. If you precede a value with a minus sign or enclose it in<br />

parentheses, Excel considers it to be a negative number.<br />

Entering text into a cell is just as easy as entering a value: Activate the cell, type the text, and then press<br />

Enter or an arrow key. A cell can contain a maximum of about 32,000 characters — more than enough to<br />

hold a typical chapter in this book. Even though a cell can hold a huge number of characters, you’ll find<br />

that it’s not possible to actually display all these characters.<br />

If you type an exceptionally long text entry into a cell, the Formula bar may not show all the<br />

TIP<br />

text. To display more of the text in the Formula bar, click the bottom of the Formula bar and<br />

drag down to increase the height (see Figure 3.2).<br />

37

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