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In real-world scenarios, concatenating values often requires including line breaks and punctuation. This video showcases a clever method to simplify and minimize errors in this task. For example, assembling a mailing address involves concatenating data from separate columns. Formulas can be used to combine the name, street, city, state, and zip with necessary literal text. However, applying text wrapping alone will not correctly format the address. To insert actual line breaks, utilize the character function with character 10 for Windows and character 13 for Mac. This will ensure proper formatting of the address.