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Default How Excel to do calculations using more than 12 digits precision?

I would like to do calculations in my spread sheet with 30 digits precision.
I figure this is possible because the number display allows 30 digits. I went
through the help function, and selecting the Precision as Displayed option
under the Tools, Options, Calculation tab make no difference. Excel still
rounds off at 12 digits. How do I get higher precision calculations?
 
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