I am trying to prove the following using induction, and kind of stuck. I used a computer to validate this sentence. Using $n = 1$ gave the correct result. I assumed that this is true for some $n = k$, but how do I prove for $n = k+1$. Should logarithms be used?
$$2\leq \left(1+\frac{1}{n}\right)^{n}\leq 3$$
I've seen similar solutions, but none with induction, I need a solution using the natural numbers, without limits and calculus.