MS Excel
When you insert an excel file into a word document. The data are

Embedded
Hyperlinked placed in a word table
Linked
Use the word menu bar and toolbars

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MS Excel
The auto calculate feature

Can only add values in a range of cells
Automatically creates formulas and adds them to a worksheet
A and C
Provides a quick way to view the result of an arithmetic operation on a range of cells

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