Per Annum

Pronunciation: /pər ˈæn əm/ ?

Per annum is a latin phrase meaning 'per year'. So 3% per annum is 3% per year.

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Per Annum. 2010-08-05. All Math Words Encyclopedia. Life is a Story Problem LLC. http://www.allmathwords.org/en/p/perannum.html.

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2010-08-05: Initial version (McAdams, David.)

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