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Microsoft Word 2007 has a new built-in equation editor which is the default when you create equations. It no longer uses the Microsoft Equation 3.0 add-in by default, however you can still access and use it if you prefer. Using the Word 2007 equation editor, equations can only be inserted into Word 2007 and not into Excel 2007. However the previous Microsoft Equation Editor 3.0 is available in PowerPoint, or any application that supports OLE (Object Linking and Embedding).