$$lim_{n \rightarrow \infty} (1+\frac{3}{n})^n$$
$lim_{n \rightarrow \infty}\ \frac{3}{n}=0$, and $lim_{n \rightarrow \infty}\ 1^n=1$, which is why I thought the above limit would evaluate to 1. The answer is apparently $e^3$. Why is this?
Any help will be greatly appreciated, thanks in advance.