: an automatic electronic machine that can store and process data. See words that rhyme with computer Spanish Central: Translation of computer Nglish: Translation of computer for Spanish speakers Britannica English: Translation of computer for Arabic speakers Britannica.com: Encyclopedia article about computer.
To calculate each owner's net revenue interest, multiply her percentage ownership by the result of the previous calculation. Imagine two working interest owners, one with a 75 percent and the other with a 25 percent working interest.
Figuring Average Daily Balance. Most credit card issuers calculate interest in a statement cycle on the average daily balance. That's the balance at the end of each day, plus new charges and minus any credits, multiplied by the daily periodic rate of interest -- the card's stated annual rate divided by 365.