Skip to content. The ALT text used on graphical equations is similar to, but not exactly like Math Speak; a few conventions are borrowed. Exponents are read as supe followed by the exponent then base to signify terms representing the exponent have ended. Subscrpts are read as sub followed be the subscript, then base. Parenthesis are read in line as they occur: left parens opens the parenthetical and right parens closes it. Square brackets are read as left bracket then right bracket. Fractions are always read as numerator followed by denominator. One half would be numerator one denominator two.

## Different Types of TVOM

### Growing Annuity

A growing annuity is the same as annuity in that payments for both end at a certain period. However, payments of growing annuity increase at a constant rate while payments of annuity are fixed.

Growing annuity is also similar to growing perpetuity; payments of both increase at a constant rate. Unlike growing perpetuity, payments of growing annuity end at some point.