A new convergence theorem for the Secant method in Banach spaces based on new recurrence relations is established for approximating a solution of a nonlinear operator equation. It is assumed that the divided difference of order one of the nonlinear operator is Lipschitz continuous. The convergence conditions differ from some existing ones and are easily satisfied. The results of the paper are justified by numerical examples that cannot be handled by earlier works.
Under the hypotheses that the second-order and third-order derivatives of a function are bounded, an estimate of the radius of the convergence ball of Ostrowski-Traub＇s method is obtained. An error analysis is given which matches the convergence order of the method. Finally, two examples are provided to show applications of our theorem.
