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What does ^ do in this formula =B8*(1+$C$1)^(($C$3-$C$2)/365)-B8
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frustrated financial person
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What does ^ do in this formula =B8*(1+$C$1)^(($C$3-$C$2)/365)-B8
I was sent a spreadsheet that is supposed to calculate interest earned. It
has a character in the middle of the formula that I have not seen before.
What does ^ do in the formula?
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What does ^ do in this formula =B8*(1+$C$1)^(($C$3-$C$2)/365)-B8