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It is because it is a electronic spreadsheet program. A spreadsheet in the traditional sense is a piece of paper with rows and columns that people use to write figures on and do calculations. In 1978 a business student named Dan Bricklin, thought that there should be a simpler way of doing them than on paper, as they were slow and tedious to use, especially when changes in the figures needed to be made. He got together with Bob Frankston who was a friend and a programmer. They created VisiCalc, the first electronic spreadsheet program. Many other spreadsheet programs were created by other people after that and Microsoft Excel is one of those.

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