Using different technique and weaker restrictions on parameters, convergence
and stability results of an SP iterative algorithm with errors for a
strongly accretive Lipschitzian operator on a Banach space are established.
Validity of new convergence results is verified through numerical examples
and convergence comparison of various iterative algorithms is depicted. As
applications of our convergence result, we solve a nonlinear operator
equation and a variational inclusion problem. Our results are refinement and
generalization of many classical results.