What is the limit of convergence of the geometric series?

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I have a function of geometric series \begin{equation} f(\lambda,x) = \frac{1-\lambda^{x+1}}{1-\lambda^x}, \end{equation} where $|\lambda|<1$ and $x\in Z^+$.

For a fixed $x$, i.e. $x=500$, $f(\lambda,x)$ will start from 1 and converge to 1.002, as $\lambda$ moves towards $1$.

I am wondering, is it possible to find a closed-form solution as a function of $x$ to determine $\lim_{\lambda\rightarrow 1} f(\lambda,x)$?

P.S. it seems that $\lim_{\lambda\rightarrow 1} f(\lambda,x) = 1 + \frac{1}{x}$, but why?