You need to set this up as an "Auto-Enter" Calculation.
1. create a text field
2. under the "Auto-Enter" tab select specify next to calculated value
3. paste your calculation and select Ok
4. Uncheck Do not replace existing value (if any)
List view can also be used to create a tabular format much like table view, but with options not possible in table view such as putting one field on top of another or adding a button into the row that can be clicked to accomplish some automated task.