What does PCPA mean? What is the full form of PCPA?
The Full Form of PCPA is Percent Compounded Per Annum.
The per annum interest rate refers to the interest rate over a period of one year with the assumption that the interest is compounded every year. For instance, a 5% per annum interest rate on a loan worth $10,000 would cost $500. A per annum interest rate can be applied only to a principal loan amount.
PCPA
means
Percent Compounded Per Annum
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