Why Do We Really Use Euler’s Number For Growth?

Why use ‘e’ (2.71828…) instead of ‘2’ or ‘3’ or any other constant?

Hemanth
Street Science

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Why Do We Really Use Euler’s Number For Growth? An image that asks “Why e^(rt) and not 2^(rt)?
Image created by the author

Euler’s number is synonymous with natural growth and decay. Whenever we talk about phenomena such as population growth or investment returns, the associated mathematical formulations involve ‘e’ — Euler’s number.

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