Is this 'e' interpretation correct?

  • Context: Undergrad 
  • Thread starter Thread starter cdux
  • Start date Start date
  • Tags Tags
    Interpretation
Join the discussion
Registration is free. Ask a follow-up in this thread, or start your own.
5 replies · 2K views
cdux
Messages
187
Reaction score
0
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".
 
Physics news on Phys.org
arildno said:
Hmm..No.
No explanation?
 
cdux said:
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?
 
cdux said:
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.