What is Excel and When Would I use it?

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Microsoft Excel is an electronic spreadsheet program that people use for storing, organizing and manipulating data. The types of data that Excel can use includes numbers, text and formulas. Formulas are used to perform basic mathematical operations, calculating repayment plans for loans or mortgages, and to find the average, maximum, or minimum values in a specified range of data.

In olden days we have Lotus 123, it is also having spread sheets for using accounts purpose. Now excel having spread sheets not only accounts purpose but also for various types of formats with calculations.
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