To insert the cent symbol into a Microsoft Word document, hold down the "Alt" key, and then press the following keys in sequence: 0, 1, 6, and 2. In order for this to work, "Num Lock" must be on. This is just one of many shortcuts available for inserting special characters.
An alternative to the shortcut key code is available through Microsoft Word's "Insert" menu. After selecting "Insert," click on "Symbol." The cent sign should appear in a small drop-down menu. If it is not there, click on "More Symbols" to find it.