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diff --git a/README.md b/README.md
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--- a/README.md
+++ b/README.md
@@ -131,7 +131,7 @@ Axlsx.escape_formulas = true
 Then, set the following on each cell you'd like to add a formula:
 
 ```ruby
-cell.escape_formulas = true
+cell.escape_formulas = false
 ```
 
 Refer to examples/escape_formula.md for how to set `escape_formulas` on the workbook, worksheet, row and/or cell level.