Using induction, verify that the following equation is true for every positive integer $n$. $$r^0 + r^1 +\ldots+ r^n < \frac{1}{1−r},$$ for all $n ≥0$, and $0 < r < 1$.
I am completely stuck on how to approach this problem after the base case has been proven. Can anyone help me out?
Edit. I apologize for not explaining more. I did not understand that we could still use $r$ as a constant in this case to solve for $n$. I was of the understanding that I would also have to prove $r$ using induction and did not understand how that would be possible while proving $n$.