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Default If formula

I don't know how to search on which formula I want - I used to use a 'wizard'
but I can't find this in the excel that I'm currently using (pulls sad face!).

Basically, if the value in one cell is 'YES' I want the other cell to
automatically update to show a value of £20
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Default If formula

=IF(A1="YES","£20","")

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Gary''s Student - gsnu200770
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