First off, the interest rate is for a REAL year. The APR in game time would be a tiny fraction of 1%. Why W3C switched from calculating interest in game time to calculating interest in real time, I have no idea, as every other measure for corporate performance is figured in game months or years.
Corporations take out loans automatically when they run low on cash. To avoid problems in the future, go to corporations-->manage corporations-->profit/cash/debt. Type in 75000 in "Raise Cash levels in all corps" (it asks for amount in billions, so you're inputting 75B), and click the shiny button to do the transfer. This transfers money directly from your country or CEO to all of your corporations that are short on cash.
Do this periodically to avoid taking loans. Loans for countries are no big deal, but they can hinder corps due to "support functions" that will start reducing salaries if the loan is not
S
Shanu0584 (Kebir Blue)
All worlds
Wow, just when I begin to believe I've got SC down, I learn otherwise. Heheh.
I raised corporate cash levels, as advised, and will monitor. And you're right: what I thought was 20 million was 20,000 million. Embarrassing, but lesson learned.
Many thanks.
K
Keith Allaire (Little Upsilon)
All worlds
Don't worry...it happens to me sometimes too, when I bid about 14 trillion in game cash for gold coins
T
Treasurer (White Giant)
All worlds
You are allowed to pay off all loans early if you choose, EXCEPT ANY FROM ME.
And Keith is correct....
I WILL CALL GUIDO TO BREAK YOUR LEGS.
A
Angus88 (Little Upsilon)
All worlds
LOL loan sharks threatening to break legs for people actually paying their loans back. How much do you have loaned out treasurer?
N
Nikos (Little Upsilon)
All worlds
You can also use T (trillion), B (billion), M (million). This gets around typing so many zeros, so
1T=1,000,000,000,000. This helps save on errors.