Years ago, in a Finance class, I came upon the Yield to Maturity formula for a bond. I could solve for all variables using algebra except one: interest (r). After progressing in my mathematics regimen ...
Newton's Method is a technique for approximating a root to an equation of the form \(f(x)=0\). What is required is an initial estimate for the root, called \(x_1 ...
Abstract: A local fractional Newton's method, which is derived from the modified local fractional calculus, is proposed in the present paper. Its iterative function is obtained and the convergence of ...