Whole note Whole note In music, a whole note (American) or semibreve (British) is a note represented by a hollow oval note head and no note stem. Its length is equal to four beats in time, that is the whole measure (or bar). Most other notes are fractions of the whole note (e.g., half notes and quarter notes are played for one half and one quarter the duration of the whole note, respectively). The symbol is first found in music notation from the late thirteenth century, and its British name derives from the "semibrevis" of mensural notation. The whole note and whole
Time value of money not already occurred), or simply not define the value at that point. In case the discount rate is constant, formula_47 this simplifies to where formula_49 is "time remaining until cash flow". Thus for a stream of cash flows "f"("u") ending by time "T" (which can be set to formula_50 for no time horizon) the value at time "t," formula_51 is given by combining the values of these individual cash flows: This formalizes time value of money to future values of cash flows with varying discount rates, and is the basis of many formulas in financial mathematics, such as the Black–Scholes