I want to show that $(1-r)^x \ge (1-xr)\ \forall x \in \mathbb{N}, r \in \mathbb{R}, 0 \le r \le 1$
This is what I have so far, I'm hoping for a critique as well as help with the end since I don't think I'm quite there yet.
Base:
LHS =$(1-r)^1 = (1-r)$
RHS = $(1-1r) = (1-r)$
And the base case holds.
Hypothesis: Assume $(1-r)^k \ge (1-kr)$ is true for some $k \in \mathbb{N}$
Conclusion: RHS = $1-(k+1)r$
LHS: \begin{align*} (1-r)^{k+1}&=(1-r)^k(1-r)\\ & \ge (1-kr)(1-r) \quad \textrm{From Hypothesis}\\ &= 1-r-kr+kr^2\\ &= 1-kr-r+kr^2\\ &=1-(k+1)r+kr^2\\ \end{align*}
So, from here it seems clear to me that since $k\in \mathbb{N}$ and $r^2$ is a perfect square, and therefore $\ge 0$, that my LHS $\ge$ RHS, and this would prove that it's true. But - I'm not sure that my reasoning is sound, or if I need to show more?
Edit to add: Is regular induction enough for this? Are there values that I haven't accounted for?