Explain the term 'formulas' in MS Excel.
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A formula is an expression telling the computer what mathematical operation to perform upon a specific value. When referring to computer software, formulas are most often used in spreadsheet programs, such as Microsoft Excel.
OR
A formula is an expression which calculates the value of a cell. Functions are predefined formulas and are already available in Excel.
For example, cell A3 below contains a formula which adds the value of cell A2 to the value of cell A1.
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