Does anyone know if you can / how to reference a a number from cell A into a string of text in cell B? Example:
Cell A has: 7%
We want Cell B to reference that number in the middle of a sentence, ie: The cap rate used is 7% (Cell A).
So that any time the number in Cell A is changed it'll update in the full sentence in Cell B.
Let me know if that makes sense, thanks so much!
="The cap rate used is: "&text([Cell A],"0.0%")
This is the correct and most efficient way to go about it. Simple and as dynamic as necessary. Great way to create dynamic footnotes as well.
This is the best way to do it dynamically for a long text string and allows you to have multiple cell references and easily edit the text. If it's just a short string like "Exit cap of 7%" you can also just custom format the cell, but it's more annoying to edit the text if needed later (not significantly).
Do not use CONCAT function mentioned elsewhere. It's a less efficient, less clean version of simply using quotation marks and ampersands.
The =CONCAT function combined with the TEXT function will do this as well
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