Whole note (or "breve", hence the British name "semibreve") lasts twice as long as a whole note. A related symbol is the whole rest (or semibreve rest). It usually applies for an "entire measure", but may occasionally mean a rest for the duration of a whole note, in longer time signatures such as or . (An entire measure rest is drawn centered within the measure, whereas a rest lasting for a whole note is aligned to where the note would be.) Whole rests are drawn as filled-in rectangles generally hanging under the second line from the top of a musical staff, though
Time value of money at future time "n": Summing over all payments from time 1 to time n, then reversing t Note that this is a geometric series, with the initial value being "a" = "C", the multiplicative factor being 1 + "i", with "n" terms. Applying the formula for geometric series, we get The present value of the annuity (PVA) is obtained by simply dividing by formula_19: Another simple and intuitive way to derive the future value of an annuity is to consider an endowment, whose interest is paid as the annuity, and whose principal remains constant. The principal of this hypothetical endowment