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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. [ABSTRACT FROM AUTHOR]

In this paper, an iterative method was considered for solving the absolute value equation (AVE). We suggest a two-step method in which the well-known Gauss quadrature rule is the corrector step and the generalized Newton method is taken as the predictor step. The convergence of the proposed method is established under some acceptable conditions. Numerical examples prove the consistency and capability of this new method. [ABSTRACT FROM AUTHOR]