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In this tutorial, Sofiane, a digital signature and workflow automation consultant, demonstrates how to set up both simple and advanced formula fields in docHub. The goal is to calculate dates and numbers for a car rental company's customers. Users will choose between car models, select a color, specify the rental duration, and the document will automatically calculate the payment amount. A dropdown menu is used to allow users to choose between car models, as radio buttons do not allow for assigning values to different options.