Given
$$X^{(n)}_{s,t} = \int_{s < r_1 < \cdots < r_n < t}\dot{X}_{r_1} \otimes \cdots \otimes \dot{X}_{r_n}dr_1\cdots dr_n$$,
I need to show the following bound
$$ |X^{(n)}_{s,t}| \leq \int_{s < r_1 < \cdots < r_n < t} |\dot{X}_{r_1}|\cdots|\dot{X}_{r_n}|dr_1\cdots dr_n \leq \frac{||\dot{X}||_{\infty}^n}{n!}|t-s|^n $$
where $X:[0,T] \rightarrow V$ is a smooth path.
I think that this requires proof by induction, but I'm not able to do it. Would someone mind helping? Thanks