The POWER function calculates a number raised to a specified exponent.
Power calculations are useful in financial models, statistical analysis, growth calculations, and mathematical transformations.
Calculate compound growth factors using an exponent.
SELECT
POWER(1.05, 5) AS GrowthFactor;
POWER can be used in financial forecasting, interest calculations, scientific analysis, and mathematical models.
- POWER raises a number to an exponent.
- It accepts a base and exponent.
- It is useful for growth calculations.
- It can be used in mathematical expressions.
- Syntax may vary slightly between databases.
What does POWER do?
POWER raises a specified base number to a specified exponent.
Where can POWER be useful?
It can be useful in financial calculations, forecasting, mathematical models, and growth analysis.