Let $S = \displaystyle\sum_{k=1}^{m} 5^{k}$ be the sum you're trying to simplify, then you'll have
$$5S=\color{red}{5^2+5^3+\cdots+5^m}+5^{m+1}$$
$$S=5^1+\color{red}{5^2+\cdots+5^{m-1}+5^m}$$
Then, substracting $S$ from $5S$ gives you
$$4S=5^{m+1}-5^1\iff S=\frac{5^{m+1}-5}{4}.$$
In general, for $a\not =1$, you'll get the following using the above method :
$$\sum_{k=1}^{m}a^k=\frac{a^{m+1}-a}{a-1}.$$
Note that if $a=1$, then $\sum_{k=1}^{m}1^k=m$ trivially.
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Bumbble Comm
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$5+5^2+5^3+...+5^m=5\large\frac{(5^m-1)}{(5-1)}$
It is a GP with first term=$5$ and common ration=$5$
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Bumbble Comm
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Using the formula $$\sum_{k=0}^{N} x^k=\frac{x^{N+1}-1}{x-1}$$ we have:
Yes, there is.
Let $S = \displaystyle\sum_{k=1}^{m} 5^{k}$ be the sum you're trying to simplify, then you'll have $$5S=\color{red}{5^2+5^3+\cdots+5^m}+5^{m+1}$$ $$S=5^1+\color{red}{5^2+\cdots+5^{m-1}+5^m}$$ Then, substracting $S$ from $5S$ gives you $$4S=5^{m+1}-5^1\iff S=\frac{5^{m+1}-5}{4}.$$
In general, for $a\not =1$, you'll get the following using the above method : $$\sum_{k=1}^{m}a^k=\frac{a^{m+1}-a}{a-1}.$$ Note that if $a=1$, then $\sum_{k=1}^{m}1^k=m$ trivially.