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In this tutorial, we learn how to perform currency calculations using Excel. For example, if someone has a $233 weekly mortgage payment, we can calculate the yearly total by multiplying the payment by 52. By changing the cell format to currency, we get the answer in the desired format. Similarly, for a $350 monthly car payment, we can change the format to currency and calculate the total payments for the year by multiplying the payment by 12. This method helps us easily work with money-related calculations in Excel.