Pad a column to fixed length with #Excel formula

Here's the situation: We have a column of values with various lengths, from 1 to 5 letters. We want to convert that into a fixed length of, say 5 letters, padding with zero(s). The following screenshot illustrates the requirement. How would you do it? If "IF" is on top of your mind, please continue to…

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Pad a column to fixed length with #Excel formula

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Pad a column to fixed length with #Excel formula