How to calculate $\lim \limits_{n \to \infty}(1 +\frac{a}{n})^n$?
I know what solution is $e^a$ but I don't know how to calculate this limit:
$$\lim \limits_{n \to \infty}\left(1 + \frac{a}{n}\right)^n=e^a$$
Can someone explain the steps to me?
Solution 1:
$$\lim \limits_{x \to +\infty} (1+a/x)^x = e^{\lim \limits_{x \to +\infty} x \log (1+a/x)}$$
Then apply l'Hôpital's rule to $\frac{\log (1+a/x)}{1/x}$ to get $$\frac{\frac{1}{1+a/x} \cdot \frac{-a}{x^2}}{\frac{-1}{x^2}} = \frac{a}{1+a/x} = a$$
Solution 2:
Use $\lim_{n\rightarrow\infty} (1+1/n)^n=e$.
Let $m=n/a$ then $\lim_{n\rightarrow\infty} (1+a/n)^n=\lim_{m\rightarrow \infty} (1+1/m)^{ma}=e^a$.