Given the series:

1+14+116+164+\displaystyle {1}+\frac{{1}}{{4}}+\frac{{1}}{{16}}+\frac{{1}}{{64}}+\cdots


does this series converge or diverge?
If the series converges, find the sum of the series:

1+14+116+164+=\displaystyle {1}+\frac{{1}}{{4}}+\frac{{1}}{{16}}+\frac{{1}}{{64}}+\cdots=  
(If the series diverges, leave this second box blank.)