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Once you learn LaTeX and get used to the way it organizes your papers and reports, you will really like it. MS Word or any other regular word processor is painful, because they are for DESIGNING instead of WRITING stuff. LaTeX will take care of all the designing and page numbering and font style and chapter numbering etc. so that you can concentrate on writing your report and organizing it into sections, adding references etc. Of course you can customize how your document looks in the end but the standard LaTeX formatting is the most popular one used in academic circles.</p>