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They are stored wherever the user wants to save them to. There is usually a default folder to save them to that can be set in the options in Excel. Normally it is the user's My Documents folder. It can be changed and the user is free to save a file wherever they want to if they don't want it to go to the default folder, so there is no single answer to the question.

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Kathryne Hintz

Lvl 10
3y ago

What else can I help you with?