Agema Publications

A forum for the disscussion of the Play by Mail games from Agema Publications


Loans

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Deacon
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Number of posts : 1430
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Location : Portland OR, USA
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Loans

Post by Deacon on Thu Dec 15, 2011 12:19 am


From the rules, once you take out a loan, you'll owe the full interest the next spending period. But if you repay before the next spending period you don't owe interest.

I take that to mean that if I have a loan outstanding, and I pay half of it off before april, I am only going to owe half the interest?


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Re: Loans

Post by Guest on Thu Dec 15, 2011 1:12 pm

Hi Deacon

That'd be my understanding, based on expereinces of tax changes. I think it's to make game administration more managible.
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Deacon
Emperor
Emperor

Number of posts : 1430
Age : 54
Location : Portland OR, USA
Reputation : 38
Registration date : 2010-04-13

Re: Loans

Post by Deacon on Thu Dec 15, 2011 5:48 pm


I can see that. Richard hardly wants to be running "The Glory of Accountants", but wanted to check since I've booted enough things before and didn't want to end up short on cash to pay my bills!

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Re: Loans

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