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Default Insert a formula down 50,000 rows

Would you happen to know a way that I can copy or paste a sequential formula
down an Excel column without dragging for literally 50 thousand rows.
For example:

=(A1+B1)
=(A2+B2)
=(A3+B3)
=(A4+B4)
=(A5+B5)
=(A6+B6)
=(A7+B7)

--
Rene - Do appreciate your help
 
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