POWER

The POWER function returns the result of a number raised to a power.

Syntax

POW(value, power) - > number

Arguments

Arguments	Datatype	Description
value	Number, Node reference	The base number, it can be any real number or node.
power	Number	The exponent to which the value is raised.

Example

Consider a below example with $16,000 loan at an annual rate of 5% that is to be paid off in 6 years. Calculate Compound Interest.

Items	Values
Principal	16000
Rate	0.05
Time	6
Monthly Compound	12

To calculate the Compound Interest, the formula should be written in the [Compound Interest] node.

[Principal](POWER(1+([Rate]/[Monthly Compound]),([Time]*[Monthly Compound])))

Result

Compound Interest

21584.28391