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:Exponent is 1, multiplied once.

:Exponent is 2, multiplied 2 times.

:Exponent is 3, multiplied 3 times.

:Exponent is 4, multiplied 4 times.

:Exponent is 5, multiplied 5 times, and so on.
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The exponent in the expression signifies how many times the factor is multiplied with itself.