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In this video tutorial, the presenter demonstrates how to save files, including various file types and auto-save settings, with a focus on Office 365 users and version history. When creating a new workbook, it starts with a default name (e.g., Book1.xlsx). To save the workbook, the user should go to the File tab and click Save, or use the keyboard shortcut Ctrl + S. The first time saving will prompt the user to select a folder and name the file. The file name does not require the .xlsx extension, as it will be added automatically upon saving. The user can choose from multiple file types; the default is .xlsx, but files can also be saved as .xlsm (for macros), binary, or .csv.