Daily DAX : Day 250 POWER
The POWER function in Power BI DAX (Data Analysis Expressions) is used to raise a number to a specified power (exponent). It is a mathematical function that performs exponentiation. Syntax POWER(<base>, <exponent>) base: The number to be raised to a power (can be any numeric value). exponent: The power to which the base is raised (can be any numeric value, including decimals or negative numbers). Return Value The result is a numeric value representing the base raised to the exponent. Example dax Result = POWER(2, 3) Output: 8 (since 2³ = 2 * 2 * 2 = 8) Use Cases Financial Calculations: Calculate compound interest, where the formula involves raising a base (1 + interest rate) to the power of time periods. Example: dax CompoundInterest = Principal * (POWER(1 + Rate, Periods) - 1) ...