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It is used to store any templates you may create. Templates are predefined structures of files with their layouts and formatting all done. Even when you open a new blank worksheet, it is a template, having cells set to certain widths and having them certain colours and with certain font settings. You can create more complex templates for types of document that you may regularly use instead of having to design them from a blank format each time. Templates you create will then be stored in the template folder.

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Q: What is the templates folder used for in Excel?
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