Let $f\colon I \to I$ be differentiable in the closed interval $I$ s.t. $|f'(x)|\le c$ for some $c<1$.
Show that there exists a single $a$ in $I$ s.t. $f(a) = a$
Given $n\in\mathbb{N}$, define $f_n = f \circ f\circ\dots\circ f$ (composed $n$ times). Show that as $n$ approaches infinity $f_n(x)$ approaches $a$ for all $x\in I$.
In 1. I've been able to prove that there can't be more than one, but I couldn't yet prove there must be one.
In 2. I've said that for every $x \ne a$, $f(x) \ne x$, which makes it so the sucessive composite functions go around $I$, and when they eventually get to $a$, they stay there. Is it enough?