Color Palette for Excel Workbook:

1. Color Name: Royal Blue
   Hex Code: 
                            
                            #4169E1
                        
   Description: A deep and rich blue color resembling the color scheme often used in Excel workbooks for highlighting important information.

2. Color Name: Emerald Green
   Hex Code: 
                            
                            #50C878
                        
   Description: A vibrant green shade that adds a refreshing touch to charts and graphs in Excel workbooks.

3. Color Name: Goldenrod
   Hex Code: 
                            
                            #DAA520
                        
   Description: A warm and inviting yellow tone that can be used to highlight key data points and cells in Excel spreadsheets.

4. Color Name: Ruby Red
   Hex Code: 
                            
                            #E0115F
                        
   Description: A bold and striking red color that can be used to draw attention to critical information in Excel workbooks.

5. Color Name: Steel Gray
   Hex Code: 
                            
                            #43464B
                        
   Description: A sophisticated and neutral gray shade that provides a professional look to tables and reports in Excel.

6. Color Name: Coral Pink
   Hex Code: 
                            
                            #FF6F61
                        
   Description: A soft and feminine pink hue that can be used to add a touch of elegance to headers and titles in Excel workbooks.