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In an Excel workbook it is possible to insert a GIF, although the animation will only work when the image is inserted into a control. This can be done through Control Toolbox, Design mode and ...
If you want to check the codes, you can use the Visual Basic Editor, however, the macros in the Excel file_ itself will be in design mode. To test that this setting works after picking it ...
If you do not see the developer tab right-click on the standard toolbar, click on Customized the Ribbon; an Excel Options dialog ... of the worksheet. The Design Mode will turn on, and you will ...