How can $e$ be used for practical mathematics? This is for a presentation on (among other numbers) $e$, aimed at people between the ages of 10 and 15.
To clarify what I want:
- Not wanted: $e^{i\pi}+1=0$ is cool, but (as far as I know) it can't be used for practical applications outside a classroom.
- What I do want: $e$ I think is used in calculations regarding compound interest. I'd like a simple explanation of how it is used (or links to simple explanations), and more examples like this.
If complex numbers are forbidden (removing much of the fun for the people here...) some practical applications :
natural exponential decay of radioactive components, concept of half-life (suggestive subject for children!). This is the solution of the simplest differential equation : $x'=-\lambda x$ giving $x=C e^{-\lambda t}$ (many practical application in Natural sciences in the link) exponential decrease of gaz density with altitude and so on...
simple ecologic system : predator-prey model considering a system of two coupled linear O.D.E system ($x$ is the number of predator and $y$ the number of preys) :
$x'=(b-py)x$
$y'=(rx-d)y$
(well solutions may have $\ln$ too or more complicated (chaotic) things but...)
use logarithmic scale to explain exponentials growth :
explaining orders of magnitude $e^{\ln(10)x}=10^x$ up to the scale of the universe (there is a nice video on the internet with powers of $10$)