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Excel has three references: Relative, Absolute and Mixed. You can switch between references using the F4 key or command t on the mac.
Reference descriptions:
Absolute $A$1 Both the row and column are fixed
Mixed A$1 Only the row is fixed
Mixed $A1 Only the column is fixed
Relative A1 Neither the row or column is fixed
Microsoft Article on switching between references:
docs.microsoft.com/en-us/offi...
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