Can someone help me with the following question. I have mangaged to solve this question using well ordering prinicple but cant proof it by the induction method. I cant proof that n+1 holds in the equation. Please be as detailed as possible. The question could be found in link below, it is listed as question number 2.
Prove by either the Well Ordering Principle or induction that for all nonnegative integers $n$: $$\sum_{i=0}^n i^3 = \left(\frac{n(n+1)}2\right)^2.\tag1$$