Half note the earlier black notation resembles the modern quarter note (crotchet). The Greek, Chinese, Japanese, and Korean names mean "half", and in Greek, the modern word ("miso" – μισό) and older ("imisi" – ήμισι) are used. Half note In music, a half note (American) or minim (British) is a note played for half the duration of a whole note (or semibreve) and twice the duration of a quarter note (or crotchet). It was given its Latin name ("minima", meaning "least or smallest") because it was the shortest of the five note values used in early medieval music notation . In time
Time value of money not already occurred), or simply not define the value at that point. In case the discount rate is constant, formula_47 this simplifies to where formula_49 is "time remaining until cash flow". Thus for a stream of cash flows "f"("u") ending by time "T" (which can be set to formula_50 for no time horizon) the value at time "t," formula_51 is given by combining the values of these individual cash flows: This formalizes time value of money to future values of cash flows with varying discount rates, and is the basis of many formulas in financial mathematics, such as the Black–Scholes