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Is this 'e' interpretation correct?

by cdux
Tags: correct, interpretation
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cdux
#1
Apr7-13, 05:19 AM
P: 190
Considering e is the limit->+oo of (1+1/n)^n, then is e "what you get if you wait for the least gain, by waiting for the most amount of time"? Something like "e is the patience number".
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arildno
#2
Apr7-13, 05:32 AM
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Hmm..No.
cdux
#3
Apr7-13, 05:57 AM
P: 190
Quote Quote by arildno View Post
Hmm..No.
No explanation?

Mentallic
#4
Apr7-13, 06:09 AM
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Is this 'e' interpretation correct?

Quote Quote by cdux View Post
Considering e is the limit->+oo of (1+1/n)^n, then is e "what you get if you wait for the least gain, by waiting for the most amount of time"? Something like "e is the patience number".
Is this in regards to compound interest returns?
arildno
#5
Apr7-13, 07:11 AM
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Quote Quote by cdux View Post
No explanation?
You might wish to look at, for example, the actual limit of, for example, (1+1/(3n))^(2n)
which, for every particular choice of "n" will have a less gain waited for for an even greater period of time than the one you happende to pick.
HallsofIvy
#6
Apr8-13, 08:46 AM
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Thanks
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What explanation could be given when you haven't said what you mean by "gain" or "waiting".


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