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In this Microsoft Excel 2016 tutorial, the instructor demonstrates how to save a file. After creating a blank workbook, they navigate to the File tab, which opens the backstage view. Clicking on "Save" or "Save As" prompts the user to specify a location and a name for the file. Since this is the first time saving the file, the instructor emphasizes the need to use "Save As" to define these parameters. They choose "Browse" to select the desired location and assign a filename. The process highlights the importance of correctly saving files in Excel.