: 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.
The principal amount is then subtracted from the resulting value. For example, assume you want to calculate the compound interest on a $1 million deposit. The principal is compounded annually at a rate of 5%. The total number of compounding periods is five years. The resulting compounded interest on the deposit is $276,281.60, or $1,000,000 * (1 + 0.05)^5 - $1000000. Assume you want to calculate the compound interest on a $1 million deposit. However, this particular deposit is compounded monthly. The annual interest rate is 5%, and the interest accrues at a compounding rate for five years. To calculate the monthly interest, simply divide the annual interest rate by 12 months.