$\newcommand{\bbx}[1]{\,\bbox[15px,border:1px groove navy]{\displaystyle{#1}}\,}
\newcommand{\braces}[1]{\left\lbrace\,{#1}\,\right\rbrace}
\newcommand{\bracks}[1]{\left\lbrack\,{#1}\,\right\rbrack}
\newcommand{\dd}{\mathrm{d}}
\newcommand{\ds}[1]{\displaystyle{#1}}
\newcommand{\expo}[1]{\,\mathrm{e}^{#1}\,}
\newcommand{\ic}{\mathrm{i}}
\newcommand{\mc}[1]{\mathcal{#1}}
\newcommand{\mrm}[1]{\mathrm{#1}}
\newcommand{\pars}[1]{\left(\,{#1}\,\right)}
\newcommand{\partiald}[3][]{\frac{\partial^{#1} #2}{\partial #3^{#1}}}
\newcommand{\root}[2][]{\,\sqrt[#1]{\,{#2}\,}\,}
\newcommand{\totald}[3][]{\frac{\mathrm{d}^{#1} #2}{\mathrm{d} #3^{#1}}}
\newcommand{\verts}[1]{\left\vert\,{#1}\,\right\vert}$
Set $\ds{x_{n} \equiv p_{n}/q_{n}}$ such that
$\ds{p_{n + 1}/q_{n +1} = \pars{3p_{n} + 4q_{n}}/\pars{2p_{n} + 3q_{n}}}$.
Choose $\ds{p_{n + 1} = 3p_{n} + 4q_{n}}$ and
$\ds{q_{n + 1} = 2p_{n} + 3q_{n}}$. Both equations can be rewritten as
\begin{align}
{p_{n + 1} \choose q_{n + 1}} & =
\pars{\begin{array}{cc}
\ds{3} & \ds{4}
\\
\ds{2} & \ds{3}
\end{array}}
{p_{n} \choose q_{n}} =
\pars{\begin{array}{cc}
\ds{3} & \ds{4}
\\
\ds{2} & \ds{3}
\end{array}}^{2}
{p_{n - 1} \choose q_{n - 1}} = \dots =
\pars{\begin{array}{cc}
\ds{3} & \ds{4}
\\
\ds{2} & \ds{3}
\end{array}}^{n}
{p_{1} \choose q_{1}}
\\[5mm] & \stackrel{\mrm{as}\ n\ \to\ \infty}{\sim}\,\,\,
\pars{3 + 2\root{2}}^{n}{1 \over \root{3}}{\root{2} \choose 1}
{1 \over \root{3}}\pars{\root{2}\quad 1}{p_{1} \choose q_{1}}
\\[5mm] & =
{\pars{3 + 2\root{2}}^{n} \over 3}
\pars{\begin{array}{cc}
\ds{2} & \ds{\root{2}}
\\
\ds{\root{2}} & \ds{1}
\end{array}}
{p_{1} \choose q_{1}}
\\[5mm]
\implies &
{p_{n + 1} \over q_{n + 1}}
\,\,\,\stackrel{\mrm{as}\ n\ \to\ \infty}{\sim}\,\,\,
{2p_{1} + \root{2}q_{1} \over \root{2}p_{1} + q_{1}} =
{2p_{1}/q_{1} + \root{2} \over \root{2}p_{1}/q_{1} + 1} =
{3 + \root{2} \over 3\root{2}/2 + 1}
\\[5mm] & = \bbx{\root{2}} \approx 1.4142
\end{align}