Is this subset a complete metric space with the $\rho_{\infty}$ metric?
$\{f \in C[a,b] | f(a)=0\}$
I know that I must show that a Cauchy sequence has a limit in the same metric space, but I don't know how to do this. Also, what is the significance of metric choice here?
You need to use
That uniform convergence preserves continuity, i.e. that if a sequence of continuous function $f_n$ converges pointwise and uniformly to $f$, then $f$ is continuous.
That convergence in the supremem metric $\rho_\infty$ means pointwise and uniform convergence.
The significance of the metric is that this only works for the supremem metric. In the metric $$ \rho_2(f,g) = \int_0^2 (f(x) - g(x))^2 \,dx \text{,} $$ for example, you have that $$ \frac{x^n}{1 + x^n} \to \begin{cases} 1 &\text{if $x > 1$} \\ \tfrac{1}{2} &\text{if $x=1$} \\0 &\text{if $x < 1$} \end{cases} \quad \text{ as $n \to \infty$} $$
You start your proof with a cauchy sequence $f_n$ in your metric space.
First, you argue that $f_n(x)$ is then a cauchy sequence in $\mathbb{R}$, for every $x$. This works because the supremum metric by definition says that if $d(f,g) \leq \epsilon$, then $|f(x) - g(y)| < \epsilon$ for all $x$. Since we know that $\mathbb{R}$ is complete, this proves that $f_n$ converges pointwise to some function $f$. This also shows that if $f_n(a) = 0$ for all $n$, then $f(a) = 0$ as well.
Then, we use the definition of the supremem metric again to show that this pointwise limit is uniform in $x$. Again, we use that $d(f,g) \leq \epsilon$ means $|f(x) - g(y)| < \epsilon$ for all $x$.
We thus know that $f$ is continuous, since $f$ is the uniform limit of continuous functions, and that completes the proof.