JS Scope

What is the output of following?

for (var i = 0; i < 3; i++) { setTimeout(() => console.log(i), 1); }

for (let i = 0; i < 3; i++) { setTimeout(() => console.log(i), 1); }

Explanation 

In the first loop we defined i using var, its value is scoped to its function(or global scope if its not declared inside a function) , when setTimeout gets called after loop finishes, the value of i has already reached to 3, so loop prints 3 3 3.       In second loop, we defined i using let, so it’s value is block scoped, during each iteration i will have a new value scoped inside loop, so it prints 0 1 2