Loans/Interest question - scratching my head here.

So, I recently loaned out $2T.

I'm now seeing a monthly income of $166.667M

Multiply that monthly income by 12, and I'm getting $2B/year in interest.

That comes to 0.1% interest, not 12%.

What gives?

My understanding is that 12% is the interest for an actual year, not a in-game year.

...which menas you shouldn't multiply by 12, but 365.

Otoh that gives more than 12% so something here isn't making sense.

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...which menas you shouldn't multiply by 12, but 365.
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Not sure how you worked that out sbroccoli, but its very wrong.

On a six game month a real day world, there are 168 game years (roughly) in a real year. (2 real days for 1 game year, 14 game years in real month, 28 days, 12 real months = 168 game years). Which works out about right.

so whats the current interest rate

Very close Crafty.

2B in one game year which is indeed 0.1% for 3 days (at 4 game months per day), and about 12% for a full year. (3 days x 120).
The interest depends on the world.
if it runs 6 x per day, a game year is 2 days and the interest is lower.

with real world interest rates at <2%, 12% is not so bad and maybe attractive enough to put some money in.

OK - with 4 game months/calendar year, the math does work out, assuming 360 calendar days/calendar year (which I'll write off as rounding).