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Value

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Definition: One of three data types in Excel. Values contain numbers and can be used in calculations. Also, when a cell contains a formula, the result of that calculation shown on the screen is known as a value.
Also Known As: numbers
Examples: Before entering the formula into the spreadsheet, it is a good practice to enter the values that will be used in the formula first. This way, the cell references of the values will be known when it comes time to create the formula.
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