fixed point of a contraction on a closed, convex space

Question

Let $C$ be a non-empty, closed, convex set of a normed linear space $E$. If $F: C \rightarrow C$ is a contraction(i.e. $\Vert F(x)-F(y) \Vert \leq L\Vert x-y \Vert $ where $0 \leq L <1 \thinspace \forall \thinspace x,y \in C$)

I want to prove $F$ has a unique fixed point in $C$.

Answer 1

Hint for the uniqueness. If $F(x)=x$ and $F(y)=y$ then $$\Vert x-y \Vert=\Vert F(x)-F(y) \Vert \leq L\Vert x-y \Vert.$$ Hint for the existence. If $E$ is complete then show that for $x_0\in C$, the recursive sequence $x_{n+1}=F(x_n)$ is a Cauchy sequence and therefore it is convergent.