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Excel: Calculate One Range · Select the cells that should be calculated. · Ctrl+H to display the Find and Replace dialog. · Type an equals sign in the Find What 1. After changing values of reference cells, select the formula cells you need to recalculate, then press the F9 key. Then you can see the results of selected Iteration is the repeated recalculation of a worksheet until a specific numeric Excel cannot automatically calculate a formula that refers to the cell