What makes e natural? (2004)
The number e in mathematics, introduced by Euler, has unique properties like transcendence and relation to trigonometric functions. Historical figures like Bürgi, Napier, and Briggs contributed to logarithmic advancements. E's significance lies in its role in exponential and logarithmic functions, crucial in calculus.
Read original articleThe article discusses the concept of the number e in mathematics, its properties, and historical significance. While bases 2 and 10 are commonly used, the natural logarithm e is introduced by Euler and has unique properties. Defined as the limit of \(\displaystyle \left(1+\frac{1}{n}\right)^{n}\), e is transcendental and closely related to trigonometric functions like \(\displaystyle \pi\). The article delves into the history of mathematics, including the work of Joost Bürgi and John Napier on logarithms. Henry Briggs further developed Napier's work, leading to the decimal logarithm. The article also mentions the irrationality of e and efforts to calculate more digits. The key property of e is its relationship to exponential and logarithmic functions, where the slope of \(\displaystyle e^{x}\) is \(\displaystyle e^{x}\). The article concludes by emphasizing e's importance in various mathematical contexts and its role in calculus.
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* If you invest $1 at 100% interest for 1 year, you get $2 at the end
* Compounded 2 times in a year, you get 100/2 = 50% interest every 1/2 year, which amounts to $2.25
* Compounded 4 times in a year, you get 100/4 = 25% interest every 1/4 year, which amounts to $2.44
* Compounded n times in a year, you get 100/n percent interest every 1/n year, which amounts to (1+1/n)^n dollars
* So continuous compound interest is the limit as n approaches infinity, which amounts to $2.71828 at the end of the year
(This is a great problem to give to pre-calc students to see if they can figure out the calculation for themselves.)
Relationship to pi; Euler's formula:
ix
e = cos x + isin x
derivative is itself: d x x
-- e = e
dx
1 - x <= e^{-x} so e^x <= 1/(1 - x) for x < 1
(1 + x/n)^n <= e^x <= (1 - x/n)^{-n} for x < 1
Letting n go to infinity gives e^x = \sum_{n=0}^infy x^n/n! using Newton's binomial formula.
The number is what it is cause it's "increment of increment" is the same as it's "increment" when you are using exponentiation.
Why do we measure angles in radians? Because then d/dx (sin x) = 1 at x = 0, and sin x ≈ x for small x.
In my opinion drilling down too much on conventions misses the point of math.
Something of a trinity
(Wink from Diety)
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