In mathematics, the natural logarithm of 2 is the unique real number argument such that the exponential function equals two. It appears frequently in various formulas and is also given by the alternating harmonic series. The decimal value of the natural logarithm of 2 (sequence A002162 in the OEIS) truncated at 30 decimal places is given by:
The logarithm of 2 in other bases is obtained with the formula
The doubling time is the time it takes for a population to double in size/value. It is applied to population growth, inflation, resource extraction, consumption of goods, compound interest, the volume of malignant tumours, and many other things that tend to grow over time. When the relative growth rate (not the absolute growth rate) is constant, the quantity undergoes exponential growth and has a constant doubling time or period, which can be calculated directly from the growth rate.
This time can be calculated by dividing the natural logarithm of 2 by the exponent of growth, or approximated by dividing 70 by the percentage growth rate (more roughly but roundly, dividing 72; see the rule of 72 for details and derivations of this formula).
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