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Default Using a certain cell based on the value of another cell

I'm having trouble finding a function or its syntax to do the
following.
I have a numeric value in a cell, say k12 whose value is 5.
Based on this value 5. I want to perform a mathmatical operation like
subtraction using cell E5. So the value in k12 specifies the row of
column E I want to use.
Logically I picture the syntax as being =E(k12), which would use the
value in E5 for my further calculations. This of course doesn't work
out.
Can anybody help?

 
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