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The SUM formula in Excel is a simple yet powerful tool that can help you quickly and easily calculate the sum of a range of cells. Its versatility and ease of use make it one of the most widely used formulas in Excel. Imagine that you are working on a budget for your business and you need to quickly calculate the total expenses for the month. By using the SUM formula, you can easily add up all the expenses listed in your spreadsheet, saving you the time and effort of manually adding them all up.