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Conditionally Formatting Cell Background and/or Font Colors


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Is there a way to conditionally format the background color and/or font color in a cell? 

For example....

- when the cell value is negative, the cell background color is red (white font color)

- when the cell value is positive, the cell background color is green (white font color)

- when the value is 0, the cell background color is white, (black font color).


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