New Modification of Fixed Point Iterative Method for Solving Nonlinear Equations ()
1. Introduction
In recent much attention has been given to establish new higher order iteration schemes for solving nonlinear equations. Many iteration schemes have been established by using Taylor series, Adomain decomposition, Homotopy pertrubation technique and other decomposition techniques [1] -[6] . We shall modify the fixed point method using taylor series on the functional equation
of nonlinear equation
. Initially, we do not put any restrictions on the original function f. In fixed point method, we rewrite
as
where
1) There exist
such that
for all 
2) There exist
such that
for all 
The order of convergence of a sequence of approximation is defined as:
Definition 1.1 [7] Let the sequence
converges to
. If there is a positive integer p and real number C such that

then p is order of convergence.
Theorem 1.2 (see [6] ). Suppose that
. If
, for
and
, then the sequence
is of order m.
2. New Iteration Scheme
Consider the nonlinear equation
(2.1)
we can rewrite the above equation as
(2.2)
We suppose that
is a root of (2.1) and
is initial guess close to
. We can rewrite Equation (2.2) by using Taylor’s expansion as:
(2.3)
if we truncate Equation (2.3) after second term then, we obtained
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From above formulation we suggest the following algorithm for solving nonlinear Equation (2.1).
In algorithem form, we can write
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we approximate
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Thus
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if we take
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then we have the following algorithem;
Algorithm 2.1 For a given
, we approximation solution
by the iteration scheme:
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If we truncate Equation (2.3) after third term then we have
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In algorithem form, we can write
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we approximate
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By substituting in above, we have
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Thus, we have the following algorithem;
Algorithm 2.2 For a given
, we approximation solution
by the iteration scheme:
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3. Convegence Analysis
In this section, we discuss the convergence of Algorithm (2.1) and (2.2).
Theorem 3.1 Let
for an open interval I and consider that the nonlinear equation
(or
) has simple root
, where
be sufficiently smooth in the neighbourhood of the root
. If
is sufficiently close to
then iteration scheme defined by Algorithm 2.1 has at least second order convergence.
Proof. Let
be simple zero of
and
be its functional equation. Let
and
be errors at nth and (n + 1)th iterations respectively. Then expanding
and
about
, we have
(3.1)
and
(3.2)
Algorithem (2.1) is given by
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By substituting values from Equations (3.1) and (3.2) in above, we get
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Hence algorithem (2.1) has second order convergence.
Theorem 3.2 Let
for an open interval I and consider that the nonlinear equation
(or
) has simple root
, where
be sufficiently smooth in the neighbourhood of the root
. If
is sufficiently close to
then iteration scheme defined by Algorithm 2.2 has at least third order convergence.
Proof. Let
be simple zero of
and
be its functional equation. Let
and
be errors at
and
iterations respectively. Then expanding
,
and
about
, we have
(3.3)
(3.4)
(3.5)
Algorithem (2.2) is given by
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By substituting values from Equations (3.3), (3.4) and (3.5) in above, we get
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Hence the order of convergence fo algorithm 2.2 is least 3.
4. Numerical Results
In this section, we present some example to make the comparitive study of fixed point method (FPM), Newton method (NM), Abbasbandy method (AM), Homeier method (HM), Chun method (CM), Householder method (HHM), Algorithem 2.1 and Algorithm 2.2 developed in this paper. We use
. The following criterias are used for computer programs:
1) ![]()
2) ![]()
We consider the following examples to illustarate the performance of our newly established iteration scheme.
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Comparison Table
5. Conclusion
We have modified the fixed point method for solving nonlinear equations. We have established two new algorithems of convergence order two and three. We have solved some nonlinear equations to show the performance and efficiency of our newly developed iteration schemes. From comparison table, we conclude that these schemes perform much better than Newton method, Abbasbandy method, Chun method, Homeier method, Householder method etc.