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This lesson involves opening a new Excel 2013 Workbook and exploring file formats supported by Excel. By clicking the File button, then Save As, and then Computer and Browse, different formats for saving a workbook are displayed. The most common and important file format discussed is the Excel Workbook format, also known as the Open XML format. Before Office 2007, programs stored information in incompatible Binary Formats making it challenging to write applications that worked together. The introduction of the Open XML format by Microsoft changed this, as they published and shared the format for free.