Apple numbers User Manual

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Chapter 12
    Dictionary of Functions 
 
  
POWER
The POWER function raises a number, the base, to a power, the exponent. Produces the 
same result as the ^ operator.
POWER(baseexponent)
 base:  The number that you want to raise to a power.
 exponent:  The power to which you want to raise the base number.
Notes
You can also use the exponentiation operator ^ to raise a number to a power: 
POWER(2, 3) has the same result as 2^3.
  
PPMT
The PPMT function calculates the principal portion of a payment for a loan or 
investment at a specified period based on periodic fixed payments and a fixed interest 
rate.
PPMT(rateperiodnum-periodspresent-value, [future-value], [when-due])
 rate:  The interest rate for each period.
 period:  The period for which you want to find the principal.
 num-periods:  The number of periods in the life of the investment.
 present-value:  The present value of the loan or investment.
 future-value:  Optional; the target future value, if this in an investment. If omitted, 
assumed to be 0.
 when-due:  Optional; specifies whether payments are made at the beginning or end 
of each period:
0 (or omitted) means payments are at the end of each period. 
1 means payments are at the beginning of each period. 
Examples
For a mean of 10 and an arrival rate of 8:
  
POISSON(8, 10, FALSE) returns 0.112599.
Examples
POWER(2, 3) returns 8.
POWER(2, 10) returns 1024.
POWER(0.5, 3) returns 0.125.
POWER(100, 0.5) returns 10.