Music of the Trecento system of division of the breve into 2, 3, 4, 6,8, 9, or 12 semibreves (later minims) with dots (singular "punctus divisionis") indicating breaks at the end of a breve (however, Marchetto never used a term 'punctus divisionis'). Although more Trecento music is written in the international system of notation descended from Franco of Cologne and Philippe de Vitry than in the Marchettian system (and there exist a few, mostly instrumental, works not of Italian origin that use this system), nonetheless, Marchetto's contribution to rhythmic notation is so connected with the Italian Trecento that it is often referred to as
Time value of money formula with varying interest rates. 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