Natural Logarithm Base
The natural logarithm base, denoted as e, is an important mathematical constant approximately equal to 2.71828. It serves as the base for natural logarithms, which are commonly used in calculus, particularly in problems involving growth and decay. The natural logarithm of a number is the power to which e must be raised to obtain that number.
Natural logarithms are denoted as ln, and they have unique properties that make them useful in various fields, including finance, science, and engineering. For example, they simplify the process of solving equations involving exponential growth, such as population growth or compound interest, by transforming multiplicative relationships into additive ones.