The video tutorial explains the concept of geometric series, focusing on calculating the partial sum of a finite series. It introduces the formula for partial sums and demonstrates how to calculate the first term of the series. The tutorial walks through the steps of performing the final calculation and verifying the result, ensuring a clear understanding of the process.

Explain how to calculate the first term of the series in this context.

What is the final result of the summation of the first 12 terms?