I am trying to create a document that if you enter a number into a certain
cell the same cell will auto-populate with what 4% is of the # you entered.

Example:
1) Enter 1,000 into cell
2) The same cell auto populates with 4% of 1,000 which would of course be 40

Can someone please explain to me how to get the formula right and where all
of the information should be entered? Thanks in advance :) !