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In this Microsoft Word tutorial, the presenter demonstrates how to use formulas for simple calculations within Word, similar to those in Excel. The focus is on summing columns and rows, particularly useful for tasks like adding up invoices or accounting totals. The video shows how to display totals at the beginning or end of rows and at the bottom of columns. To insert a formula, the presenter clicks a cell, navigates to the Layout tab, and selects Formula, where Word automatically suggests summing the numbers to the left of the selected cell. This tutorial aims to simplify basic calculations directly in Word documents.