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In this tutorial on hiding formulas in Microsoft Excel, the steps are outlined for beginners. First, select the entire worksheet and navigate to "Format," then "Format Cells," and in the "Protection" tab, uncheck the option for "Locked." After confirming with "OK," select all cells containing formulas by going to the "Home" tab, clicking "Find and Select," and then "Go To Special" to choose "Formulas." Once the cells are selected, reformat them by accessing "Format Cells" again under the "Home" tab. This process ensures that when users click on the cells, the formulas will be hidden from view.