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The value of log 500 depends on the base of the logarithm. If the base is 10 (common logarithm), then log 500 is approximately 2.69897. If the base is e (natural logarithm), then log_e 500 is approximately 6.2146. The logarithm function is the inverse of exponentiation, so log 500 represents the power to which the base must be raised to equal 500.
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