For a closed unital subalgebra containing , invertibility in implies invertibility in , so . On a connected component of the resolvent set of in , the set of for which is both open, by a local Neumann series, and closed, by closedness of . It contains all sufficiently large , hence the entire unbounded component. Thus spectrum in a closed unital subalgebra says that is with some bounded complementary components filled in.
Now let be the Banach subalgebra generated by one element and put . If were a bounded component of , choose . Since , polynomials converge to it. The polynomialssatisfy and . Applying the contractive Gelfand transform gives uniformly on , hence on . But the maximum modulus principle applied to givesa contradiction. Therefore is connected.
The mapis continuous and surjective by part a. It is injective because characters agreeing on agree on every polynomial in , hence by continuity on their norm closure . The character space is compact by the Banach-Alaoglu theorem, while is Hausdorff, so this continuous bijection is a homeomorphism.
Under this identification, the Gelfand transform obeysby the calculation in part b. Since , choose polynomials with . Contractivity of givesThus every function holomorphic near is uniformly approximable there by polynomials.
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