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Submitted by Vinod Dev on Mon, 05/11/2009 - 22:20.

Sometimes you need to calculate a value before you enter it into your worksheet. Before you reach for your pocket calculator, you may like to know that Excel lets you enter a formula in a cell, and then use the result in that same cell. This way, the formula disappears and you're left with the result of the calculated value. This will not only save your time but also make you more efficient in excel because you won't need to open a separate application for finding out simple multiplications or other calculations.

Start by typing your formula into the cell (for example =65*88). Then, press F2 to put the cell into edit mode. Next, press F9 to perform the calculation. Finally, just hit Enter to insert this value into the cell.

Remember, when you use this technique, you replace your formula with the calculated value. If your calculation is based on the values of other cells, then Excel won't update the result if you change those other cells' values. That's the difference between a cell that has a value, and a cell that has a formula.

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