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Convert the cell to text values if it contains a number or formula and you want to make only part of the cell subscript. If you want the entire cell to be subscript, leave it as is. To convert a ...
When you see the #VALUE error, it means that there is something wrong with the way the formula is typed, or there is something wrong with the cells you are referencing.
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How to Use Boolean Logic in Microsoft Excel

Boolean logic: The method used to evaluate conditions, returning either TRUE or FALSE. Logical functions: The primary logical functions in Excel that enable you to apply Boolean logic are AND, OR, XOR ...