A bounded operator is a Fredholm operator when its range is closed and both and have finite dimension. Its Fredholm index is
For index zero, choose an isomorphism and extend it by zero on . The restricted map is a bounded isomorphism, by the bounded inverse theorem. The finite-rank operator fills exactly the missing kernel-to-cokernel block. Thus is invertible and is an invertible operator plus a compact operator.
Conversely suppose with invertible and compact. The Atkinson theorem proved in part (b) makes every , , Fredholm: its quotient image is always . The block argument in part (c) proves local constancy of the Fredholm index, so its index is constant along this interval and equals . This invokes the actual parametrix and block proofs below, not an unproved perturbation assertion. The claimed equivalence holds.

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