Step 1:
\The statement is
.
Condition I:
\First show that, the above statment is true, when
.
Left hand side 
Right hand side 
\
The statement is true for
.
Condition 1 of the Principle of Mathematical Induction holds.
\Step 2:
\Condition II :
\Assume that
holds for some
,
\
and determine whether the formula then holds for
.
\
Assume that,
for some
. -----> equation (1).
Now need show that,
\
Left hand side
From equation (1).
\
= Right hand side
\Thus, Condition II also holds.
\The statement is true for all natural numbers.
\Solution:
\The statement is true for all natural numbers.