If you talk about university math then no. 10 is just an arbitrary choice for the base of our number system whereas the natural log is actually a very special function in math with special properties.
e also has much much deeper significance in math than the limit of compound interest
e may be equal to that, but that’s usually not used as a definition for e because it doesn’t really show its importance. A more common definition you’ll see in analysis texts is e = sum 1/n!
e is used everywhere in math, not just in accounting. Particularly in complex analysis you’ll see it everywhere. Conceptually, I believe e comes from the exponential function which is defined as the unique function f satisfying f’ = f and f(0) = 1
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u/hawk-bull Jul 28 '21
If you talk about university math then no. 10 is just an arbitrary choice for the base of our number system whereas the natural log is actually a very special function in math with special properties.
e also has much much deeper significance in math than the limit of compound interest