The elementary arithmetic operations +,·,≤\documentclass[12pt]{minimal} \usepackage{amsmath} \usepackage{wasysym} \usepackage{amsfonts} \usepackage{amssymb} \usepackage{amsbsy} \usepackage{mathrsfs} \usepackage{upgreek} \setlength{\oddsidemargin}{-69pt} \begin{document}$${+,\cdot,\le}$$\end{document} on integers are well-known to be computable in the weak complexity class TC0, and it is a basic question what properties of these operations can be proved using only TC0-computable objects, i.e., in a theory of bounded arithmetic corresponding to TC0. We will show that the theory VTC0 extended with an axiom postulating the totality of iterated multiplication proves induction for quantifier-free formulas in the language ⟨+,·,≤⟩\documentclass[12pt]{minimal} (...) \usepackage{amsmath} \usepackage{wasysym} \usepackage{amsfonts} \usepackage{amssymb} \usepackage{amsbsy} \usepackage{mathrsfs} \usepackage{upgreek} \setlength{\oddsidemargin}{-69pt} \begin{document}$${\langle{+,\cdot,\le}\rangle}$$\end{document}, and more generally, minimization for Σ0b\documentclass[12pt]{minimal} \usepackage{amsmath} \usepackage{wasysym} \usepackage{amsfonts} \usepackage{amssymb} \usepackage{amsbsy} \usepackage{mathrsfs} \usepackage{upgreek} \setlength{\oddsidemargin}{-69pt} \begin{document}$${\Sigma_{0}^{b}}$$\end{document} formulas in the language of Buss’s S2. (shrink)