Meaning of 'e':
- 'e' is a mathematical constant that is approximately equal to 2.71828.
- The constant 'e' is used in many areas of mathematics, including calculus, number theory, and probability theory.
- The value of 'e' is irrational and cannot be expressed as a finite decimal or a fraction.
- 'e'
is the base of the natural logarithm function, denoted by ln(x), and is
used extensively in solving problems involving exponential and
logarithmic functions.
- The constant 'e' is also used in the exponential growth and decay models, and in the formula for calculating compound interest.
Important Formulas to Remember in these Meaning of 'e':
- Meaning of 'e': $$e = \lim_{n\to\infty}\left(1 + \frac{1}{n}\right)^n$$