Jammy invests $4,000 at a rate of 8% (simple interest). What is the amount of interest at the end of the first year?

a. $320
b. $4320
c. $5000
d. $3200

In 2000 the average price of a football ticket was $48.28. during the next 4 years, the proce increased an average of 6% each year.a) write a model giving the average price (p), in dollars, of a ticket (t) in years after 2000.b) graph the model. estimate the year when the average ticket price was about $60