Prove $1.01^{1000} > 1000$ without using calculator.
With WolframAlpha $1.01^{1000} \approx 20959$, but can this be proved without calculator?
inequality
Prove $1.01^{1000} > 1000$ without using calculator.
With WolframAlpha $1.01^{1000} \approx 20959$, but can this be proved without calculator?
Best Answer
By Bernoulli's inequality, $$\left(1+\frac1{100}\right)^{100}\ge 1+\frac1{100}\cdot 100, $$ so $$(1.01)^{1000}=((1.01)^{100})^{10}\ge 2^{10}. $$