To do Alt + N P F on Mac in Excel, download and install Accelerator Keys, then press Option, followed by N, P, and F.
Command: Place in Cell
This is how to do Alt + N P F on Mac in Excel with Accelerator Keys, the native ribbon and alt key shortcut solution for Mac users who get more done with Excel.
Alt + N P F directly triggers the Place in Cell option from the Pictures menu. This is a shortcut to embed a picture within a cell without going through the submenu, using the default image source.