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To use tool palettes, type "TP" and press ENTER, then select "annotation." There are two types of arrows: imperial and material. Choose the imperial arrow and click OK. Next, position it where needed and zoom in to adjust its length and angle using the controls. You can also copy the arrow to access various options. To explore different arrow types, click on the arrow selection. You can reverse its direction, change its angle, and adjust lengths for different styles like double, fancy, flex, and drill. Each type allows for customization of size, length, and angle as required.