Problem 61

Question

Let \(f(x)=\ln x .\) We know that \(f^{\prime}(x)=\frac{1}{x} .\) We will use this fact and the definition of derivatives to show that $$\lim _{n \rightarrow \infty}\left(1+\frac{1}{n}\right)^{n}=e$$ (a) Use the definition of the derivative to show that $$f^{\prime}(1)=\lim _{h \rightarrow 0} \frac{\ln (1+h)}{h}$$ (b) Show that (a) implies that $$\ln \left[\lim _{h \rightarrow 0}(1+h)^{1 / h}\right]=1$$ (c) Set \(h=\frac{1}{n}\) in (b) and let \(n \rightarrow \infty\). Show that this implies that $$\lim _{n \rightarrow \infty}\left(1+\frac{1}{n}\right)^{n}=e$$

Step-by-Step Solution

Verified
Answer
\(\lim_{n \to \infty} \left(1 + \frac{1}{n}\right)^n = e\) using the derivative of \(\ln x\).
1Step 1: Understanding the Derivative at a Point
To find the derivative of a function at a point using the definition, we use \[ f'(x) = \lim_{h \to 0} \frac{f(x+h) - f(x)}{h}. \]For our function \( f(x) = \ln x \), we evaluate the derivative at \( x = 1 \), so it becomes \[ f'(1) = \lim_{h \to 0} \frac{\ln(1+h) - \ln 1}{h}. \]Since \( \ln 1 = 0 \), this simplifies to \[ f'(1) = \lim_{h \to 0} \frac{\ln(1+h)}{h}. \]
2Step 2: Show Derivative Equals 1
Since \(f'(x) = \frac{1}{x}\), substituting \(x = 1\) gives us \(f'(1) = 1\). This means that \[ \lim_{h \to 0} \frac{\ln(1+h)}{h} = 1. \]
3Step 3: Expressing in Terms of Limit
Using the result from Step 2, we rewrite it in a form that involves limits:\[ \ln \left( \lim_{h \to 0} (1+h)^{1/h} \right) = 1. \]This shows that the natural logarithm of the limit expression equals 1, suggesting a base of \(e\).
4Step 4: Substitution and Simplification
In Step 3, set \(h = \frac{1}{n}\). As \(h \to 0\), it implies that \(n \to \infty\). Therefore, the expression becomes:\[ \ln \left( \lim_{n \to \infty} \left(1 + \frac{1}{n}\right)^n \right) = 1. \]Taking the exponential of both sides gives:\[ \lim_{n \to \infty} \left(1 + \frac{1}{n}\right)^n = e. \]

Key Concepts

Derivative of Natural LogarithmDefinition of DerivativeLimit Definition
Derivative of Natural Logarithm
When we talk about the natural logarithm, we often refer to its derivative properties. The natural logarithm, denoted as \( \ln x \), is a fundamental function in calculus, particularly when exploring exponential growth and decay. The derivative of \( \ln x \) is \( \frac{1}{x} \), which reflects how the function changes as \( x \) increases or decreases.

This derivative tells us the rate of change of \( \ln x \) at any point \( x \). For instance, evaluating the derivative at \( x = 1 \) gives us \( f'(1) = \frac{1}{1} = 1 \). In simple terms, this means that at \( x = 1 \), the slope of the tangent to the curve of \( \ln x \) is exactly 1.

This property is pivotal when applying the limit definition of exponential functions, as it helps us establish fundamental constants such as \( e \). The derivative of the natural logarithm gives us a foundation for proving how expressions like \( \lim_{n \to \infty} \left(1 + \frac{1}{n}\right)^n = e \) behave.
Definition of Derivative
The definition of a derivative is a classical concept in calculus. It's centered around understanding the instant rate of change of a function at a specific point. To find the derivative of a function \( f(x) \), we use the limit definition:

\[ f'(x) = \lim_{h \to 0} \frac{f(x+h) - f(x)}{h} \]

This expression looks at the difference between the function value at \( x+h \) and the value at \( x \), divided by the small increment \( h \). As \( h \) approaches zero, this quotient gives us the slope of the tangent line at point \( x \), which is the derivative.

For the natural logarithm, \( f(x) = \ln x \), applying this formula at \( x = 1 \) looks like this:

\[ f'(1) = \lim_{h \to 0} \frac{\ln(1+h) - \ln 1}{h} \]

Knowing \( \ln 1 = 0 \), simplifies the expression to:

\[ f'(1) = \lim_{h \to 0} \frac{\ln(1+h)}{h} \]

This neat simplification underpins a crucial step in determining how \( e \), the base of natural logarithims, is defined through limits and exponential function expressions.
Limit Definition
A limit is a fundamental concept in calculus used to find the value that a function approaches as the input approaches a particular point. The limit definition becomes essential when exploring expressions like \( \lim_{n \to \infty} \left(1 + \frac{1}{n}\right)^n = e \).

In this context, consider setting \( h = \frac{1}{n} \), which means as \( h \to 0 \), \( n \) will be heading towards infinity. This transforms the limit to:
  • The expression \( (1+h)^{1/h} \)
  • When \( \to \), converges to \( e \)

This particular limit is the foundation for defining the number \( e \), which is approximately equal to 2.718. By showing that:

\[ \ln \left( \lim_{h \to 0} (1+h)^{1/h} \right) = 1 \]

We confirm that:

\[ \lim_{n \to \infty} \left(1 + \frac{1}{n}\right)^n = e \]

This representation, both intuitive and precise, reveals how the concept of limits is crucial for understanding exponential growth, logarithms, and the natural base \( e \). It further demonstrates the profound interconnections between calculus concepts.