Question

'per annum' is for a a) year b) month c) day d) hour​

Answer 1

Answer:

a) year

Step-by-step explanation:

per annum' is for a a) year b) month c) day d) hour

Answer 2

Answer:

year

Step-by-step explanation:

“Per annum” is a Latin term that means annually or each year. When it comes to contracts, per annum refers to recurring obligations or those that occur each year throughout an agreement. For example, if a bank charges an interest.