The Natural Log Shortcut - Quant Trader Interview Question
Difficulty: Medium
Category: Mental Math & Estimation
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Topics: mental-math, estimation, logarithms, approximation
Problem Description
Estimate $ln(3)$ to two decimal places using the approximation $ln(1 + x) \approx x$ for small $x$.
Note: Keep in mind that you should be able to perform all calculations mentally without a calculator.
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