We define the function
by requiring that
and 
The value of this function is everywhere equal to its slope. Differentiating the first defining equation repeatedly we find that

The second defining equation now tells us that
for all
The result is a particularly simple Taylor series:
|
Let us check that a well-behaved function satisfies the equation

if and only if

We will do this by expanding the
's in powers of
and
and compare coefficents. We have

and using the binomial expansion

we also have that

Voilà.
The function
obviously satisfies
and hence
So does the function
Moreover,
implies
We gather from this
- that the functions satisfying
form a one-parameter family, the parameter being the real number
and
- that the one-parameter family of functions
satisfies
, the parameter being the real number 
But
also defines a one-parameter family of functions that satisfies
, the parameter being the positive number
Conclusion: for every real number
there is a positive number
(and vice versa) such that
One of the most important numbers is
defined as the number
for which
that is:
:

The natural logarithm
is defined as the inverse of
so
Show that

Hint: differentiate