This is the percentage of interest that must be paid per year on this loan. Interest payments are computed and paid monthly. The interest rate depends on how much money you already owe. The more loans you take, the higher the interest percentage becomes. The interest on privately provided loans must be agreed between the parties. Loan offers made by countries may have different rates attached and may use a different interest rate strategy. Interest rates are currently low. Most loans that are given by players carry an interest rate of 1%.
Simcountry Dictionary
The most often used terms in simcountry are explained here. If you can't find what you are looking for, please contact The Gamemaster. This list is maintained daily.
This is the percentage of interest that must be paid per year on this loan. Interest payments are computed and paid monthly. The interest rate depends on how much money you already owe. The more loans you take, the higher the interest percentage becomes. The interest on privately provided loans must be agreed between the parties. Loan offers made by countries may have different rates attached and may use a different interest rate strategy. Interest rates are currently low. Most loans that are given by players carry an interest rate of 1%.
