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This is an example of mathematical induction from my textbook.

What I want to know is how the equation gets simplified to that. It's probably something simple but I just couldn't figure it out. Thanks!

$$ \begin{align} \frac{a(1+r^k)}{(1-r)} + ar^k &= \frac{a}{1-r}\cdot(1-r^k+r^k-r^{k-1}) \end{align} $$

1 Answers1

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$$\frac{a(1+r^k)}{1-r}+ar^k=\frac{a(1+r^k)+ar^k(1-r)}{1-r}=\frac{a}{1-r}(1+r^k+r^k-r^{k+1})$$

Maybe you mean the following? $$\frac{a(1-r^k)}{1-r}+ar^k=\frac{a(1-r^k)+ar^k(1-r)}{1-r}=\frac{a}{1-r}(1-r^k+r^k-r^{k+1})$$