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This video demonstrates options for saving files, including different file types and autosave settings. For Office 365 users, version history is also discussed. When creating a new workbook, it is given a default name such as "Book1" or "Book2.xlsx." To save the workbook, go to the File tab and click Save or use the keyboard shortcut Ctrl+S. The first time you save, you can choose the location and name of the file. You do not need to include ".xlsx" in the file name as it will be automatically added. Different file types can be chosen, with the default being xlsx. If there are macros in the workbook, save it as xlsm. Other options include saving as binary or CSV.