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In this tutorial, the speaker explains how to calculate years of service in Excel using a specific formula. The process begins by entering the formula "=DAYS360(start_date, TODAY())/360" to determine the number of years from a historical date to today. After hitting enter, the user is instructed to format the cell as a number with one decimal place. Finally, the tutorial demonstrates how to drag the formula down to apply it to additional cells. The tutorial encourages viewers to like the video, visit the speaker's website, and subscribe to the channel.