I understand that $$ \lim_{n\rightarrow \infty} \left(1 + \frac{1}{n}\right)^n = e $$
However, how would $ \lim_{n\rightarrow \infty} \left(1 + \frac{1}{3n}\right)^{5n} $ be simplified.
The $5$ can be moved outside the limit:
$$ {\lim_{n\rightarrow \infty} \left[\left(1 + \frac{1}{3n}\right)^{n}\right]^5} $$
But how can you simplify it to the form $e^{\frac{m}{n}}$?
The answer is $ e^{\frac{5}{3}} $, but could someone help me understand the methodology?
Don't move $5$. Move $5/3$ instead: $$\lim_{n\rightarrow \infty} (1 + \frac{1}{3n})^{5n}=\left(\lim_{n\rightarrow \infty} (1 + \frac{1}{3n})^{3n}\right)^{5/3}.$$ You will find the inside limit is $e$.