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This tip is about the how to Utilise Excel Exponents. So read this free guide, How to Utilise Excel Exponents step by step. If you have query related to same article you may contact us.
How to Utilise Excel Exponents – Guide
Examples refer to a number raised to the strength of another number. The “power” means how many times the base number is increased without anyone else’s help. For example, 10 raised to the subsequent power, additionally called “10 squared”, basically means multiple times 10. In business, many significant calculations, such as growth projections, require exponents. If you are an avid Microsoft Excel user, you will likely need to use exponents in Excel.
What are exponents?
Exponents are a mathematical operation in which you multiply a number by itself. The exponent is the number of times you want to perform this calculation. For example, an exponent of two on the number 10 is the same as multiplying 10 by 10, while an exponent of three is the same as multiplying 10 by 10 by 10. In mathematical notation, people write exponents as a superscript number to the right of the number being multiplied, such as 102.
There are many examples of when you can use exponents in an Excel worksheet. For example, a marketer might want to model the potential reach of their social media campaign. If each person tells three other people about the product, that’s exponential growth. Another example is investors who may want to calculate their likely earnings based on compound interest.
How to use exponents in excel
There are a few methods you can use to display or calculate exponents in Excel, including:
Displaying exponents in cells
Sometimes you may want to display a number with its exponent instead of calculating it. For example, an investor wants to list the compound interest he is earning next to his calculation to make a report easier to read. Follow these steps to do this:
select your mobile
First, select the empty cell where you want your information to appear. Then right-click on this cell and select “Format Cells”. In the menu that appears, select “Text” in the “Category” section. This tells Excel that the cell contains text instead of a number to operate on.
Enter your numbers
Type the number and its exponent into the cell, with no space between them. For example, if you want the number 11 with an exponent of two, type “112”. Then, inside the cell, highlight only its exponent, the “2”.
Format your numbers
Right-click and select “Format Cells”. This time, click the box next to “Superscript” in the “Effects” menu. After clicking “OK”, your exponent should correctly appear next to your base number.
Using the exponent character
To calculate exponents in Excel, your first option is to use the exponent character. The exponent character is the “^” symbol. If you want to type a math formula using an exponent, such as a base number of 10 and an exponent of two, type “10^2”. Here are the steps you can take to calculate exponents:
Select an empty cell
To use this symbol in Excel, click on the empty cell where you want the result. Then type the equals sign, which tells Excel that you are using a formula in this cell. Without the equal sign, your formula would be displayed as plain text in the file instead of performing the desired function.
enter your data
After that, enter your base number, followed by the exponent character and the exponent. For example, your formula might read as “=10^2” without the quotes. After pressing the Enter key or clicking another cell, Excel automatically performs the operation for you and the result appears in the cell.
Using the POWER() function
Another way to calculate exponents is with Excel’s built-in POWER() function. Here are the steps to follow:
start your role
To use the POWER() function, click on an empty cell. Then type the equals sign to tell Excel that you are using a function. Then type “POWER()” to start the function.
Enter your numbers
Inside the parentheses, type your base number, followed by a comma and then the exponent. For example, your formula might be “=POWER(10,2).” Pressing enter or moving to another cell executes the function and outputs the result in your cell.
Final note
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