MS Excel
You can edit a cell by

Clicking the formula button
None of these
Double clicking the cell to edit it in place
Selecting Edit > Edit cell from the menu

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MS Excel
Rounding errors can occur

Because excel uses hidden decimal places in computation
When you use multiplication, division, or exponentiation in a formula
When you use addition and subtraction in a formula
When you show the results of formulas with different decimal places that the calculated results

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