TITLE: the value of $e$ and the method of getting it
QUESTION [5 upvotes]: We define e to be a number which satisfies the following condition
$$\lim _{a \to 0} \frac{e^a-1}{a}=1. $$
How did we arrive to the following from above equation
$$e=\lim _{n \to \infty} \bigg(1+\frac{1}{n}\bigg)^n ? $$
so that we get the value of n

REPLY [3 votes]: The approach you mention is difficult, but possible. I have presented it in my blog post. The main steps are as follows:
1) Define $a^{b}$ (without using any logs or $e$) rigorously for $a > 0$ and any real $b$.
2) Show that $\lim_{a \to 0}\dfrac{x^{a} - 1}{a} = f(x)$ exists for all $x > 0$ and hence defines a function of $x$. This function is denoted by $\log x$ and $e$ is then a number such that $\log e = 1$.
3) With $\log x$ defined above we have the following properties: $\log(xy) = \log x + \log y, \log 1 = 0, \log(1/x) = -\log x, \log(x^{y}) = y\log x$.
4) $\lim_{x \to 0}\dfrac{\log(1 + x)}{x} = 1$
5) Putting $x = 1/n$ in above limit and get $\lim_{n \to \infty}\log\left(1 + \dfrac{1}{n}\right)^{n} = 1$ and noting that $\log e = 1$ we get $\lim_{n \to \infty}\left(1 + \dfrac{1}{n}\right)^{n} = e$.
Proof of 1), 2) and 4) is hard but not too hard.