Deriving the constant e using a sequence limit

In summary, the limit of (1 + (1/n))^n is not 1, as one might expect at first glance. Instead, it converges to a constant value, which is represented by the number e. This is due to the fact that the equation (1 + (1/n))^n represents an infinitely increasing number of series, rather than a fixed number of series, and therefore cannot be evaluated using the equation for the product of two convergent series.
  • #1
Fibo's Rabbit
8
0

Homework Statement


Why does lim( (1+(1/n))^n ) = e?

Homework Equations


If a_n convergent to a, and b_n converges to b, then (a_n * b_n) converges to (a * b)

The Attempt at a Solution



The lim(1 + (1/n)) = 1.

If you multiply (1 + (1/n)) by itself n-times, you get the equation (1 + (1/n))^n, so according to the statement under Relevant equations above, shouldn't the answer be 1^n, or just 1?

Obviously it is e, b/c when you plug (1 + (1/n))^n into your calculator for larger values of n, you get closer and closer to e.
 
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  • #2
Hi Fibo's Rabbit! :smile:

(try using the X2 and X2 buttons just above the Reply box :wink:)
Fibo's Rabbit said:
If a_n convergent to a, and b_n converges to b, then (a_n * b_n) converges to (a * b)

ah, but that only applies for the product of a fixed number of series …

you're trying to apply it to an infinitely increasing number of series :wink:
 
  • #3
Ah, and it all makes a lot more sense now.
 

What is "e" and why is it important in mathematics?

"e" is a mathematical constant that is approximately equal to 2.71828. It is a fundamental number in mathematics and has many applications, particularly in calculus and exponential functions.

How is the constant "e" derived using a sequence limit?

The constant "e" can be derived by taking the limit of the sequence (1 + 1/n)^n as n approaches infinity. This limit converges to the value of "e", providing a way to calculate the constant using a series of fractions.

Why is the sequence (1 + 1/n)^n used to derive the constant "e"?

The sequence (1 + 1/n)^n is used because it is one of the few sequences that approaches a specific number as n approaches infinity. This makes it useful for calculating constants such as "e" that have no exact numerical value.

What is the significance of "e" in exponential functions?

The constant "e" is the base of the natural logarithm and is used in many exponential functions, such as the growth and decay of populations, interest rates, and radioactive decay. It is also used in the general solution of differential equations.

Are there other methods for deriving the constant "e"?

Yes, there are several other methods for deriving the constant "e", including using the Taylor series expansion of the exponential function and using the concept of compound interest. However, the sequence limit method is one of the most commonly used and efficient methods for calculating "e".

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