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In this video tutorial, the presenter explains how to calculate years of service in Excel using a specific formula. To find the number of years from a historical date, you enter the formula: =DAYS360(higher_date_cell, TODAY())/360. After hitting enter, you'll receive the years of service. The next step involves formatting the cell to display the result as a number with one decimal place. The presenter also demonstrates how to drag the formula down to apply it to additional cells. Viewers are encouraged to like the video, visit the website, and subscribe to the channel.