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In this video tutorial, the focus is on creating a payment table using Excel, building on previously learned skills. The first step is to label cells in row 7 with "Payment Number," "Total Payment," "Interest for Payment," "Principal per Payment," and "Balance after Payment." The original loan amount is entered in cell E8. The tutorial progresses to generating a series of 360 payment entries starting from cell A9 by utilizing the fill feature. This involves highlighting the first five cells to change the cursor to a black cross, allowing for the automatic filling of the series down to 360 payments.