Please help. I haven't found any text on how to prove by induction this sort of problem:
$$ \lim_{n\to +\infty}1 + \frac{1}{4} + \frac{1}{4^2} + \cdots+ \frac{1}{4^n} = \frac{4}{3} $$
I can't quite get how one can prove such. I can prove basic divisible "inductions" but not this. Thanks.

After subtracting $1$ this is equivalent to $\frac{1}{4} + \frac{1}{16} + \frac{1}{64} + \cdots = \frac{1}{3}$. Behold:
Image taken from here.