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I don't understand the limit as n→∞ of [(1+(.05/n))^20n -1]/[.05/n] My Calculus book says that it's supposed to approach {e^[(.05)(20)]-1}/[.05], but the numerator is a constant while the denominator goes to 0 as n→∞. The textbook, by Dr. Gilbert Strang, has similar limits, and its not in the selected errata, so I doubt it was just some error, can someone help me? Just about any light anyone could shed on this would be helpful :]

Cheers,

Mathguy

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# Don't understand convergence as n approaches infinity

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