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In this Microsoft Word tutorial, the presenter demonstrates how to use formulas in Word for simple calculations like adding up invoices, tables, or accountancy details. They show how to add up columns and rows, and how to display totals at the beginning, end, and bottom of rows and columns. By clicking on a cell, going to layout, and selecting formula, Word automatically calculates the sum of numbers to the left of the cell. This feature can be useful for quick and easy calculations in Word documents.