Financial Glossary what is fibonacci-numbers-


Fibonacci (numbers)

An Italian mathematician, Leonardo Pisano, who lived from 1170-1250. Most famous for the Fibonacci numbers, a sequence of numbers in which each number is the sum of the two preceding numbers. Thus: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89 etc. The sequence has proved useful in many different areas of mathematics and science.
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