Let G be a finite group, (g_{1},...,g_{r}) an (unordered) r-tuple of G^{(r)} and x_{i,g_i}s variables that correspond to the g_is, i=1,...,r. Let F<x_{1,g_1},...,x_{r,g_r}> be the corresponding free G-graded algebra where F is a field of zero characteristic. Here the degree of a monomial is determined by the product of the indices in G. Let I be a G-graded T-ideal of F<x_{1,g_1},...,x_{r,g_r}> which is PI (e.g. any ideal of identities of a G-graded finite dimensional algebra is of this type). We prove that the Hilbert series of F<x_{1,g_1},...,x_{r,g_r}>/I is a rational function. More generally, we show that the Hilbert series which corresponds to any g-homogeneous component of F<x_{1,g_1},...,x_{r,g_r}>/I is a rational function.
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