Eighth note Eighth note An eighth note (American) or a quaver (British) is a musical note played for half the value of a quarter note (crotchet) and twice that of the sixteenth note (semiquaver), which amounts to one quarter the duration of a half note (minim), one eighth the duration of whole note (semibreve), one sixteenth the duration of a double whole note (breve), and one thirty-second the duration of a longa, hence the name. It is the equivalent of the "fusa" in mensural notation Eighth notes are notated with an oval, filled-in note head and a straight note stem with one
Time value of money is to emphasize that "u" is a "parameter" (fixed in any instance—the time when the cash flow will occur), while "t" is a "variable" (time). In other words, future cash flows are exponentially discounted (exp) by the sum (integral, formula_44) of the future discount rates (formula_45 for future, "r"("v") for discount rates), while past cash flows are worth 0 (formula_46), because they have already occurred. Note that the value "at" the moment of a cash flow is not well-defined – there is a discontinuity at that point, and one can use a convention (assume cash flows have already occurred, or