Consider the following product:
$$ \prod_{i=1..n} {\left(1 - {1 \over 2^i}\right)} $$
A numeric calculation, up to $n=20$, gives $0.288788370496567$. But how can I calculate its limit when $n$ goes to infinity?
Alternatively, how can I prove that, for every $n$, the product is larger than $0.25$ (or some larger constant)?