Answer
See below.
Work Step by Step
As $n$ gets larger and larger $(1+\frac{1}{n})^n$ approaches the irrational number $e$, which is called the natural base. $e\approx2.71828$.
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.