administrator password - windows 7

I created a new user (me) on my Dad's desktop pc. My user somehow became the administrator. I cannot recall the password. I can''t upgrade iTunes and all other online programs because the computer asks for the administrator password. Is there a way to retrieve it or get around it ?

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Clarification Request
Are you saying

that the computer now has 2 Admin accounts ?
If so , you can delete the newly created one but using Dad's original account or even change the password or change the account type.

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Takes under ten minutes.

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