Let $\mathcal{A} \equiv (A, \|\cdot\|_A)$ be a unital (associative) normed algebra over the real or complex field, and assume that $\mathcal{A}$ is not complete. Provided $\mathcal{B}_\mathcal{A}$ is the open unit ball of $\mathcal{A}$, define $N$ to be the set of all $a \in \mathcal{B}_\mathcal{A}$ such that the Neumann series $\sum_{n=0}^\infty a^n$ does not converge in $\mathcal{A}$.
Questions. 1) Is $N$ dense in $\mathcal{B}_\mathcal{A}$? 2) And what about $\mathcal{B}_\mathcal{A}\setminus N$?
Edit (11 Dec 2011). Following Davide's comment below, let $\mathcal{C}^0([0,1],\mathbb{R})$ be the usual Banach algebra (over the real field) of all continuous functions $[0,1] \to \mathbb{R}$ endowed with the uniform norm $\|\cdot\|_\infty$. Define $A$ to be the subalgebra of $\mathcal{C}^0([0,1],\mathbb{R})$ of all polynomial functions. For each $\phi \in A$ such that $\|\phi\|_\infty < 1$, the Neumann series $\sum_{n=0}^\infty \phi^n$ converges in $\mathcal{C}^0([0,1],\mathbb{R})$ to $(1 - \phi)^{-1}$, but it does not in $\mathcal{A} \equiv (A,\|\cdot\|_\infty)$ so far as $\phi$ is not a constant. Thus, $N$ is dense in $\mathcal{B}_\mathcal{A}$, and indeed in the unit ball of $\mathcal{C}^0([0,1],\mathbb{R})$ (by the Stone-Weierstrass theorem).