Q. Under what circumstances should “per annum” be used preferentially to “per year”? Do they have different meanings or are they interchangeable?
A. They have the same meaning, but “per annum” is fancier.
Q. Under what circumstances should “per annum” be used preferentially to “per year”? Do they have different meanings or are they interchangeable?
A. They have the same meaning, but “per annum” is fancier.