To format shapes in MS Excel, use the following keyboard shortcuts:
- Ctrl+1: Change shape to a rectangle
- Ctrl+2: Change shape to a square
- Ctrl+3: Change shape to a diamond
- Ctrl+4: Change shape to a triangle
- Ctrl+5: Change shape to an arrowhead pointing up
- Ctrl+6: Change shape to an arrowhead pointing down
- Ctrl+7: Change shape to an arrowhead pointing left
- Ctrl+8: Change shape to an arrowhead pointing right
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