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In this tutorial, the presenter explains how to save and rename files in Microsoft Word. They emphasize that renaming a file is simple and provide a step-by-step guide, focusing on setting up a paper in MLA format using Times New Roman 12-point font and double spacing. The presenter mentions the importance of adding page numbers, including the last name, and correctly placing the header with the student's name, instructor's name, course section number, and submission date. They conclude by stating that the paper is prepared and ready for submission.