⁦The number e, growth and decay⁩

⁦See why (١ + ١n)n settles at e, lay the graph of y = a×ex on a given curve, and build growth and decay models⁩.

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الدليل

Suppose £⁦1 earns 100% interest a year⁩. ⁦Paid once, it becomes⁩ £2. ⁦If the year is split into n parts with interest each time, the end-of-year amount is (١ + ١n)n⁩. ⁦As n grows this number rises, but it never goes past about ٢٫٧١٨⁩. ⁦We call this number e⁩.

⁦The graph of y = ex is the⁩ التابع الأسي ⁦with base e⁩. ⁦In y = a×ex, a is the height of the curve on the y-axis, because e٠ = ١⁩.

⁦In the model P = A×bt, b > 1 means growth and 0 < b < 1 means decay⁩. ⁦A fall of 20% a year multiplies by ٠٫٨ each year, not by ٠٫٢⁩.

⁦Common slips⁩: ⁦rounding e to 3; thinking the number goes to infinity as n grows; adding instead of multiplying in an exponential model⁩.