#2768: Definition of e explain

[Hairy is seated behind a classroom desk with his hand raised asking the teacher Miss Lenhart a question. She is standing in front of him with a board behind her. Beneath the board there are ledge with writing tools on it (markers or chalk).]

Hairy: Can you explain what the constant e actually means?

Miss Lenhart: Sure.

[Zoom in on Miss Lenhart’s upper half, as she raises one hand palm up.]

Miss Lenhart: I have a bank account that pays 100% annual interest, compounded every minute.

[In a frame-less, and very slim panel, Miss Lenhart is shown holding a hand up with one finger raised.]

Miss Lenhart: If you deposit $1 now,

[Miss Lenhart now has both arms down as she continues to address the off-panel Hairy.]

Miss Lenhart: I will answer your question.