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Default Need to know formula to make expire in a year.

I was asked if I could create a spreadsheet where we could keep track of
vendors and when they took the safety training for our company. The training
is only good for one year. So I would have a date field. Then I was asked
if I could make it so a year from now the text would change color or
something, to let them know that the safety training had expired. Is there
some sort of formula or function that I could use for this?
 
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