60,000
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20% of 1,000.00= 20% * 1000= 0.2 * 1000= 200.00
If they'll pay interest on a short-term deposit, then it amounts to ZAR 2,805.47 .
13% of 100 000 000 = 100 000 000 *13/100 = 13 000 000
20% of 1,000,000 = 20% * 1000000 = 0.2 * 1000000 = 200,000
Total interest paid in 5 years = 5*16000*0.09 = 7200