A New Efficient Method for Absolute Value Equations

In this paper, the two-step method is considered with the generalized Newton method as a predictor step. The three-point Newton-Cotes formula is taken as a corrector step. The proposed method's convergence is discussed in detail. This method is very simple and therefore very effective for solving large systems. In numerical analysis, we consider a beam equation, transform it into a system of absolute value equations and then use the proposed method to solve it. Numerical experiments show that our method is very accurate and faster than already existing methods.