Ghost note (of Motown), Rocco Prestia (for Tower of Power), and Chuck Rainey (for Steely Dan, Aretha Franklin, and others) all include "tons of ghost notes done right" in their playing. In vocal music, especially in musical theater, a ghost note represents that the lyrics must be spoken rather than sung, retaining the marked rhythm but having indeterminate pitch. Notes with value less than a half note use an "X" instead of an oval as a note head. Occasionally a half note or whole note is represented with an open diamond note head, often representing a scream or grunt. As an extreme
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