It means that that it equals 64. If you don't believe me , look it up on a calendar
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4 to the third is 4x4x4 sooo... 16x4... 64
Negative 4 to the third power equals -64
four to the third power is 64.
8 to the third power is 8x8x8=512
4 to the power of 23 is 70,368,744,177,664