Given a series starts with $N$ positive values and the $i + 1$ (for $i + 1 > N$) value of the series is defined as the average of the last $N$ values. $$x_{i+1}=\frac{1}{N}\sum_{k=i-N+1}^i x_k$$
Is it possible to find a closed formula for this sequence in terms of the first N values?