IF formula to return value in one cell based on any text in another?

[excelteam777]

Basically need to know what to put in formula to enter a value based on any text being entered into another.


B1 = formula goes here - will return a value of ".50" if any text is entered into A1
A1 = cell to check for any text
If no text is entered into A1, then B1 will remain blank.

[JohnTopley]

=if(a1="","",0.5)

[Vraag en antwoord]

or
=IF(ISTEXT(A1),0.5,"")

[excelteam777]

thanks so much