Using the definition of Fibonacci numbers, $F_n=F_{n-1}+F_{n-2}$, I can prove that the limit of $\frac{F_{n+1}}{F_n}$ as $n\to\infty$ is $\phi$ if we assume that the limit exists.
How can we prove that the limit does in fact exist?
Is there more than one method?
I do not think this is a duplicate. Please can someone explicitly show how to split the odd and even terms of this ratio sequence into two sequences- one monotonic increasing and one monotonic decreasing- and given that all ratios are between 1 and 2, show that the limit exists and we do not oscillate forever.
Most of the question has been answered.
I have shown that there are two subsequences- one increasing and bounded above by 2 and one decreasing, bounded below by 1. Using the fact that the limit exists, I can show it has value $\phi$. But how can I show the limit is the same for both subsequences?!
Andre Nicolas- Thanks for that answer. The Binet formula is quite incredible! I've seen that proof and would like to use that as a second solution. I would also really like to be able to show the limit exists using only real analysis if possible.
– Guest Feb 23 '14 at 21:17