1. Objective The purpose of this report is to explain the different methods available in Microsoft Excel to raise a number (base) to a given exponent (power). This is a common mathematical operation used in finance, engineering, statistics, and data analysis. 2. Key Concept Raising a number to a power means multiplying the base by itself as many times as indicated by the exponent. Example: ( 5^3 = 5 \times 5 \times 5 = 125 )
=EXP(exponent)
=base ^ exponent