This is the same as 1.05 as a decimal so this is the multiplier. Calculate the interest on borrowing £40 for 3 years if the compound interest rate is 5% per year. Year 1: \(\pounds 40 \times 1.05 ...

This makes the Golden Ratio Multiplier an invaluable tool for identifying points of price resistance as Bitcoin’s adoption progresses. The chart plots Bitcoin’s price against key Fibonacci ...