THE LAW OF ORGANIC GROWTH
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But, when
is made indefinitely great, this simplifies down to the following:
This series is called the exponential series.
The great reason why
is regarded of importance is that
possesses a property, not possessed by any other function of
, that when you differentiate it its value remains unchanged; or, in other words, its differential coefficient is the same as itself. This can be instantly seen by differentiating it with respect to
, thus:
which is exactly the same as the original series.
Now we might have gone to work the other way, and said: Go to; let us find a function of
, such that its differential coefficient is the same as itself. Or, is there any expression, involving only powers