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In this paper, a new one parameter family of iterative methods with eighth-order of convergence for solving nonlinear equations is presented and analyzed. This new family of iterative methods is obtained by composing an iterative method proposed by Chun [3] with Newton's method and approximating the first-appeared derivative in the last step by a combination of already evaluated function values. The proposed family is optimal since its efficiency index is 8 1/4 ≈ 1.6818. The convergence analysis of the new family is studied in this paper. Several numerical examples are presented to illustrate the efficiency and accuracy of the family.

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