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You can add Formulas to Tables in Microsoft Word with relative ease. To learn how to insert Formula in Word Table, read this article.
In Word, you can perform logical comparisons in a table using formulas. A formula in Word updates automatically when you open the document that contains the formula.
Wrangle unruly text into easy-to-read formats using Word 2013's improved tables features.
Data for your multiplication formula can be added to your Word table before or after you add the formula. Always enter the data in the cells that you specified in the formula.
1. Have Word Do the Math Word has a Formula tool that you can use to perform simple math inside tables, such as adding a column of values. If you need to total a column of figures in a table ...
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4 Excel actions you can do with Word instead - MSN

As I've shown above, if you need to create a small table, you can do it in Word instead of Excel. It's easy to manage its layout, you can sort its data and perform basic calculations using formulas.
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Don't Create Tables in Word: Use Excel Instead - MSN

Although it's surprising how many Excel-like functions you can use in Microsoft Word tables, you have many more options in Excel, where functions and formulas also work more intuitively.