Pronunciation: /pər ˈæn.əm/ Explain
Per annum is a Latin phrase meaning
'per year'. So an interest rate of 3% per annum is
3% each year.
- McAdams, David E.. All Math Words Dictionary, per annum. 2nd Classroom edition 20150108-4799968. pg 136. Life is a Story Problem LLC. January 8, 2015. Buy the book
Cite this article as:
McAdams, David E. Per Annum. 4/27/2019. All Math Words Encyclopedia. Life is a Story Problem LLC. http://www.allmathwords.org/en/p/perannum.html.
4/27/2019: Changed equations and expressions to new format. (McAdams, David E.)
12/21/2018: Reviewed and corrected IPA pronunication. (McAdams, David E.)
12/1/2018: Removed broken links, updated license, implemented new markup. (McAdams, David E.)
8/5/2010: Initial version. (McAdams, David E.)