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Suppose we have $\{M_n\}$ a sequence of matrices such that $a_n M_n^{-1}$ is bounded, with $a_n \to \infty$ as $n \to \infty$.

Is it true that $a_n(M_n + b_n)^{-1}$ is also bounded, if $b_n \to 0$ as $n \to \infty$?

I would think so, since $M_n^{-1}$ is bounded $M_n$ must be far from being singular, so the extra $b_n$ won't impact the inverse much.

However, I'm not sure how to prove it.

EDIT: Similar result for invertibility

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    What is $(M_n+b_n)^{-1}$? From this notation it seems that $M_n$ is a matrix and $b_n$ is a vector so how can you add them? Or is $b_n$ a matrix? – Osama Ghani May 29 '18 at 13:09

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I will assume that $b_n$ is a matrix. If it is supposed to be a number instead, just replace my $b_n$ with $b_nI$ and everything works just the same. I also assume that $a_n$ are positive real numbers.

Your first assumption that $a_nM_n^{-1}$ is bounded means that $a_n\|M_n^{-1}\|\leq C$ for some constant $C>0$. To make $M_n+b_n$ invertible, it is easiest to use a Neumann series argument, which shows that $M_n+b_n$ is invertible if $\|b_n\|<\|M_n^{-1}\|^{-1}$. Since $\|b_n\|\to0$ and $a_n\to\infty$, there is an index $N$ so that $n>N$ implies $\|b_n\|\leq\frac{a_n}{2C}$ and so $\|b_n\|\leq\frac12\|M_n^{-1}\|^{-1}$.

Then $$ (M_n+b_n)^{-1} = M_n^{-1}-M_n^{-1}b_nM_n^{-1}+M_n^{-1}b_nM_n^{-1}b_nM_n^{-1}-\dots $$ and the series converges. In fact, we may estimate it as $$ \|(M_n+b_n)^{-1}\| = \sum_{k=0}^\infty\|M_n^{-1}\|\|b_nM_n^{-1}\|^k \leq \sum_{k=0}^\infty Ca_n^{-1}2^{-k} = 2Ca_n^{-1}, $$ so $\|a_n(M_n+b_n)^{-1}\|\leq 2C$ when $n>N$.

So yes, it is indeed asymptotically bounded. But mind you that the inverse $(M_n+b_n)^{-1}$ might fail to exist for finitely many $n$.