Applying geometric sum formula in context with indicator function

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Consider the following:

$$\sum_{k=0}^{n-1} v^k \mathbb{1}_{ \{K \geq k\}} \overset{!}{=} \frac{1-v^n}{1-v} $$

$K=0,1,2,3,.......$ is a random variable. I do not think that I can apply the geometric sum formula here. I do not know how many summands will be on the left side?

What do you think?