Apply the Inflate: Middle, Deflate: Top and Bottom Transform text effect (4th column, 7th row in the Warp section). PowerPoint

To apply the Inflate: Middle, Deflate: Top and Bottom Transform text effect in PowerPoint, follow these steps:

1. Open PowerPoint and create a new presentation or open an existing one.
2. Select the text box or text that you want to apply the effect to.
3. Go to the "Format" tab in the ribbon at the top of the PowerPoint window.
4. In the "WordArt Styles" group, click on the "Text Effects" button (icon with a blue letter A).
5. From the drop-down menu that appears, select "Transform" at the bottom of the list.
6. In the sub-menu that appears, select the fourth column and seventh row option, which should be titled "Inflate: Middle, Deflate: Top and Bottom".
7. The selected text will now be transformed with the chosen effect.

You can further customize the effect by adjusting the text size, color, font, and other formatting options available in the "Format" tab.