Find the limit of the following sequence or determine that the sequence diverges. \( \left\{\left(1+\frac{20}{n}\right)^{n}\right\} \)
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To find the limit of the sequence \(\left\{\left(1+\frac{20}{n}\right)^{n}\right\}\), we can use the fact that it resembles the standard definition of the exponential function. Recall that: \[ \lim_{n \to \infty} \left(1 + \frac{x}{n}\right)^{n} = e^{x} \] for any constant \(x\). In this case, our \(x\) is 20. Now, applying this understanding: \[ \lim_{n \to \infty} \left(1 + \frac{20}{n}\right)^n = e^{20} \] Hence, the limit of the sequence is: \[ \boxed{e^{20}} \]