: 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.
Principal Ã interest rate Ã n = interest. To show you how interest is calculated, assume that someone deposited $10,000 in the bank in a money market account earning 3 percent (0.03) interest for 3 years. So, the interest earned over 3 years is $10,000 Ã .03 Ã 3 = $900.