The Automatic Formula Machine is a Quickbase app anyone can use to quickly generate certain kinds of formulas, including:
Conditional formulas, which you can use to track prices, discounts, or project status.
Image thumbnail formulas for use in reports and drop-down lists.
Text style formulas to format the size, color, and appearance of text.
You can read a Quickbase Community forum article about the app to learn more about it, and to give feedback.
To use the app, you just step through a series of field choices and a formula is built for you, which you can then copy and paste into the formula field in your own app.