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In this tutorial, Chandu demonstrates how to easily embed an Excel calculator on your website to enhance user experience for business partners and customers. To create a web-based Excel calculator, you need three essentials: a website or blog, an existing Excel calculator tool, and a Microsoft OneDrive account. Once you have these components, you can proceed by ensuring that your Excel calculator functions correctly. Chandu, with over 12 years of experience making Excel accessible, focuses on stepping through the process to simplify calculations for users.