Posted by Derek on Tuesday, July 15, 2008 at 12:12pm.
e is the root of natural logarithms, 2.71828.. It has appeared in some of your previous questions, so you should be familiar with it.
e is also the limit as n-> infinity of
(1 + 1/n)^n. That is why it appears on the formula for continuous compounding.
A hand calculator will let you compute 5000^*e^0.2 easily
My other questions I didn't understand what e was either. My calculator does not allow me to perform the function that you told me. Please further explain.
Nvm, I figured this out myself. :)
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