This text looks... sloppy. Two glaring problems:
1) The inequalities at the top of the page don't match the summation -- i.e. the top specifically states that ##a_0 = 0 ## and ##a_{N-1} = 0##, so why are they included when moving from a formal infinite series to a finite one? I'm fairly confident that they meant to write ##0 \leq n \leq N-1## and didn't pay attention to strictness of inequalities.
2) Convergence of the geometric series really has nothing to do with the result at the bottom of the page. It's just telescoping a finite geometric sum -- a technique that is frequently taught in middle school or high school. The result holds whether or not you're in the radius of convergence for a geometric series.
That's a lot of issues for a very short extract. If there's an errata sheet, get it and include relevant sections with these posts. If there isn't an errata sheet, I'd get a different text or recognize that learning from this will leave you, at best, as confused as the authors.