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This tutorial focuses on explaining the importance of the formula element in a calculator. The tutorial demonstrates how to use a salary calculator as an example, emphasizing the role of formulas in conducting calculations. The video will also cover the logic behind the calculator and how to enhance it by adding formula fields. The sidebar in the calculator interface offers options to customize fields, such as adding titles like "total" and writing formulas for calculations. Further details on formula fields will be discussed later in the video.