A two-point Newton-like method of optimal fourth order convergence for systems of nonlinear equations

A two-step Newton-like method is proposed to efficiently solve the systems of nonlinear equations. Extending Newton scheme to a next step as weighted-Newton iteration, the proposed iteration scheme shows optimal fourth order of convergence. The primary objective in formulating the method is to keep the computational efficiency as high as possible. In this context, the efficiency analysis is thoroughly examined using a systematic approach, wherein the efficiency index of the new method is compared with those of existing methods of comparable complexity. Numerical experimentation is performed to investigate the computational efficacy of the developed method. Results indicate higher efficiency and numerical precision in comparison to the existing counterparts.