Here is the question I am trying to solve:
Let $A = \bigoplus_{i \geq 1}A_i$ be a graded algebra such that the vector spaces $A_i$ are all finite-dimensional. Define the Poincare series of $A$ as the formal series $$P(A) = \sum_{i \geq 0} \operatorname{dim}(A_i)t^i.$$
Prove that $$P(k\{x_1, \dots , x_n \}) = \frac{1}{1 - nt} \text{ and } P(k [x_1, \dots , x_n ]) = \frac{1}{(1 - t)^n}$$
Definition 1.
Let $X$ be a set. Consider the vector space $k\{X\}$ with basis the set of all words $x_{i_{1}} \dots x_{i_{p}}$ in the alphabet $X,$ including the empty word $\emptyset.$ A word will be called a monomial. Define the degree of the monomial $x_{i_{1}} \dots x_{i_{p}}$ as its length $p.$ Concatenation of words defines a multiplication on $k\{X\}$ by $$(x_{i_{1}} \dots x_{i_{p}})(x_{i_{p + 1}} \dots x_{i_{n}}). \quad (2.1)$$
Formula $(2.1)$ equips $k\{X\}$ with an algebra structure, called the free algebra on the set $X.$ If $X = \{x_1 , \dots , x_n \}$ we denote $k\{X\}$ by $k \{x_1, \dots , x_n\}.$
Definition 2.
$k\{x_1, \dots , x_n \}/I \cong k[x_1, \dots , x_n]$ where $I = x_i x_j - x_j x_i$ where the later is a commutative algebra.
My Question is:
1- How can I prove the formula for this $P(k\{x_1, \dots , x_n \}) = \frac{1}{1 - nt}$ (the noncommutative case)
Could someone help me in answering those questions please?
EDIT 1:
Here is an answer for my second question :
As for the free algebra $K\langle x_1,\ldots,x_n\rangle$, as Qiaochu noted, the number of words of length $k$ is $n^k$. As these words are linearly independent, the dimension of the $k$th degree component is $n^k$. So, $$P(K\langle x_1,\ldots,x_n\rangle,t)=1+nt+n^2t^2+n^3t^3+\cdots=\frac{1}{1-nt}.$$
But I am not quite sure why the first equality in the last statement correct and why we have that $|nt| < 1 $. Could someone clarify this to me please?
EDIT 2:
Also, here is my second question about this Poincare Series of a graded algebra (revisited) in case you also want to answer it.