Longa (music) Longa (music) A longa (pl. "longe" or "longae"), long, quadruple note (Am.), or quadruple whole note is a musical note that could be either twice or three times as long as a breve (Am.: double whole note, or double note), four or six times as long as a semibreve (Am.: whole note), that appears in early music. The number of breves in a long was determined by the "modus" or "mode" of a passage. Sections in perfect mode used three breves to the long while sections in imperfect mode used two breves to the long. Imperfect longs, worth two breves,
Time value of money Time value of money The time value of money is the greater benefit of receiving money now rather than later. It is founded on time preference. The time value of money explains why interest is paid or earned: Interest, whether it is on a bank deposit or debt, compensates the depositor or lender for the time value of money. It also underlies investment. Investors are willing to forgo spending their money now only if they expect a favorable return on their investment in the future, such that the increased value to be available later is sufficiently high to offset the