When you enter a cell reference in a formula, by default, Excel assumes it is a mixed cell reference.
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Explanation:
An absolute reference is designated in a formula by the addition of a dollar sign ($) before the column and row. If it precedes the column or row (but not both), it's known as a mixed reference. You will use the relative (A2) and absolute ($A$2) formats in most formulas. Mixed references are used less frequently.
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