The Fibonacci numbers , for some , as the numbers:

i.e., the -th Fibonacci number is the sum of the two previous ones. This yields the sequence:

As it turns out, we can also define the -th number with a closed-form expression, Binet’s formula:

where is the golden ratio, and is its conjugate:

This has many proofs, some of which are explored below.

Matrix proof

If we define some matrix such that:

The problem is that this is still a recursive difference equation expression. We note, by theorem, that we could find a basis that diagonalises , such that:

i.e., we can find the eigenvalues of . Our characteristic polynomial is given by:

i.e., we have:

i.e., the golden ratio and its conjugate. As it turns out, the eigenvectors of are given by:

If we say that:

then from our expression for , we get a closed form expression for where:

which is as stated above.

Induction proof