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In this video tutorial, quick tips for using Excel's autofill feature are presented. The focus is on how to efficiently update a payment schedule spreadsheet. When a user wants to add an extra $100 to their monthly payments, entering it manually in each cell would be time-consuming. Instead, the tutorial demonstrates two quick methods for autofilling this information. It highlights using the small black box in the bottom right corner of a selected cell to quickly replicate the data down the column, streamlining the process of modifying multiple cells efficiently.