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A formula is an instruction in a spreadsheet to carry out some activity, normally a calculation. A formula must begin with the equals sign. Formulas can be simple or complex and they are built by the user. A function is a pre-defined formula that is built into the spreadsheet program and can be used as a formula or as part of a formula.

This is a simple formula, multiplying values in two cells by each other:

=B3*D10

The SUM function is a commonly used function. It can be used in a formula like these examples:

=SUM(A2:A14)

=SUM(A2:A14) * 12

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