Community Novice

Formula Question: Calculated variables in question text

I have recently made the switch from MOODLE to Canvas and I have been learning the capabilities of the Formula question type. MOODLE has the capability of calculating parts of the question using the variables. For example, if I wanted to multiply two variables together to form part of the question I would type {={x}*{y}} and that would show up to the students as the product of the two variables. Is there a similar capability in Canvas, or can I only represent isolated variables in the question?