How to type the symbol of the square in sql?

Hello everyone

Could someone tell how to tap the square symbol (raise to) in SQL. IE, how to type the formula of cumulative interest in sql:


P * (1 + r/4) increase to 4

Thank you
Gerard

interest is devoted to the:

compound_interest = P (1 + i) n

M is the final amount, including principal.
P is the principal amount.
i is the interest rate per year.
n is the number of years invested.

for example
-----
If compound interest is 5% then 5/100 = 0.05
P = $ 100
n = 5 years

SELECT 100 * POWER ( (1 + 0.05), 5) compound_interest FROM DUAL;

output: 127.62815625

See you soon,.
Manik

Tags: Database

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