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In this tutorial, MD Tech explains how to remove password protection from an Excel workbook. He clarifies that this guide is intended for those who already have access to the workbook but want to eliminate the password requirement; it is not suitable for individuals who have forgotten their passwords. To start, users should open the file tab in Excel, select the info option, and click on the protect workbook button. They will then find the option to encrypt with a password, allowing them to remove the existing password setting. The tutorial aims to simplify the process of managing password protections in Excel workbooks.