23.5
Euler's Number e
EXAMPLE In this example we consider in detail the very important sequence
tale where for each n € Ni,
(5)
We will show that the sequence {s,} is monotone increasing and bounded above, and thus
hhas a limit. The standard notation for tis limit ise (in honor of Leonhard Euler): ie,
em{ie
By the binomial theorem
(3
h
wien otis &
Fark same rem nh ts
ont la=bH 1
1-2 ie
wi sco
Hi Q
If we expand /,.. in the same way, we obtain n + 2 terms, and for k = 1,2... nm
the (& ++ 1).st term is
eal rasa) (Fa).
which is greater than the corresponding term in (2). Thus ty < t,, for all 2. From (1)
‘we also obtain
+r
po
Which by the identity + r= = <4 1 = (= YL Ar AL,
<1
|
‘Thus (1,} is bounded above by 3, and we can apply Theosem 2.3.2. Since 4, = 3 forall
1» EN we also have that ¢ = 3. To five decimal places, ¢ = 2.71828". The num
bere is the base of the natural logarithm function which will be defined in Example
63.5 as a definite integral. ML