| This is a frustrating article because it never explains why e is the natural logarithm base. To me, the easiest way to understand it is via continuous compound interest: * 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.) |
A few months later I talked to a super advanced math genius kid who had a signature that said e^(i*pi)+1=0 and I asked him if that was Euler's number. He was a super quiet skittish guy that rarely talked. His eyes lit up and he spent the next 2 hours teaching me about Taylor series and showed me how to prove it.
It remains the most fascinating math equation I have ever seen.
He had a lot of issues and dropped out because he couldn't pass a history class. I found that guy on Facebook 20 years later and thanked him. He didn't remember that but he was so happy that he made such a big impact on me.