Abstract
Symmetries are important in studying the dynamics of physical systems which in turn are converted to solve equations. Jarratt's method and its variants have been used extensively for this purpose. That is why in the present study, a unified local convergence analysis is developed of higher order Jarratt-type schemes for equations given on Banach space. Such schemes have been studied on the multidimensional Euclidean space provided that high order derivatives (not appearing on the schemes) exist. In addition, no errors estimates or results on the uniqueness of the solution that can be computed are given. These problems restrict the applicability of the methods. We address all these problems by using the first order derivative (appearing only on the schemes). Hence, the region of applicability of existing schemes is enlarged. Our technique can be used on other methods due to its generality. Numerical experiments from chemistry and other disciplines of applied sciences complete this study.