In this tutorial, we will learn about Calculating Fixed Deposit maturity amount in Excel
Example:
I have an equation X3 and the value of X is equal to 2. Now I want to calculate it to get the answer. So to calculate the answer we have 2 different methods
1. Applying To the Power Sign
2. Applying Power Function
1. Applying To the Power Sign
1. Write =2^3
Note – To the power sign is situated on the 6 digit number on your keyboard
2. Press Enter to get the answer
2. Applying Power Function
The POWER function syntax has the following arguments:
1. Write =power and press the Tab Key
1. Number – Number to raise to a power.
2. Power – Exponent to raise power to.
2. Write 2 as a number to raise power
3. Write 4 as an exponent to raise power to and Close the bracket
4. Press Enter and Excel will calculate the answer
