Microsoft Excel is a spreadsheet software. It's used to create calculating grids with text, numbers, and formulas. Many businesses use it to keep track of spending and income, make budgets, graph data, and quickly present financial results.
This can be developed to gather data from other sources, such as stock market feeds, and process it using formulas, such as financial models, to update data in real time. Excel, like Microsoft Word, has now become a unofficial commercial standard, with spreadsheets being emailed and shared electronically to trade data and perform various calculations.
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