Prolation Prolation Prolation is a term used in the theory of the mensural notation of medieval and Renaissance music to describe its rhythmic structure on a small scale, as opposed to "tempus", which described a larger scale. The term "prolation" is derived from the Latin "prolatio", first used by Philippe de Vitry in describing Ars Nova, a musical style that came about in 14th-century France. Prolation, together with tempus, corresponds roughly to the concept of time signature in modern music. Prolation describes whether a semibreve (whole note) is equal in length to two minims (half notes) ("minor prolation" or "imperfect prolation";
Time value of money multiply the PV of an ordinary annuity by (1 + "i"). The following formula use these common variables: The future value ("FV") formula is similar and uses the same variables. The present value formula is the core formula for the time value of money; each of the other formulae is derived from this formula. For example, the annuity formula is the sum of a series of present value calculations. The present value ("PV") formula has four variables, each of which can be solved for by numerical methods: The cumulative present value of future cash flows can be calculated by summing