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In this video tutorial, the presenter demonstrates how to use Excel functions to calculate logarithms. They show how to use the "log10" function to return the base 10 logarithm of a number and the "LG" function to deliver the logarithm of a number to the specified base. The tutorial provides step-by-step instructions on how to input the formulas and apply them to a set of numbers. By following the demonstration, viewers can learn how to efficiently calculate logarithms using Excel functions.