Whole note of mensural notation, and this is the origin of the British name. The American name is a calque of the German . The Catalan, French and Spanish names for the note (meaning "round") derive from the fact that the was distinguished by its round stemless shape, which is true as well of the modern form (in contrast to the double whole note or shorter values with stems). The Greek name means "whole". Chinese, Japanese, Korean, and Vietnamese names mean "whole note". Whole note In music, a whole note (American) or semibreve (British) is a note represented by a hollow oval
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