Formula Generator - LN function
The LN function returns the natural logarithm of a number, base e (Euler's number). It is commonly used to calculate exponential growth or decay, as well as to solve equations involving logarithms.How to generate an LN formula using AI.
To get the LN formula for your data, you can ask the AI chatbot the following question: "What is the formula to calculate the natural logarithm (LN) of a number in Excel?"
LN formula syntax.
The LN function in Excel calculates the natural logarithm of a number. Its syntax is: LN(number) - number: The positive real number for which you want to calculate the natural logarithm. The LN function returns the logarithm of the specified number to the base of Euler's number (approximately 2.71828). It is commonly used in mathematical and statistical calculations. Example usage: =LN(10) returns the natural logarithm of 10, which is approximately 2.30259.
Calculating Compound Interest
In this use case, we use the LN function to calculate the time required to reach a certain amount of money with compound interest.
=LN(target_amount / principal) / LN(1 + interest_rate)
Measuring Growth Rate
In this use case, we use the LN function to measure the growth rate of a population over a certain period of time.
=LN(final_population / initial_population) / time_period
Estimating Project Completion Time
In this use case, we use the LN function to estimate the time required to complete a project based on the current progress and the remaining work.