Mr. Annis bought a rare guitar for $12,000 that will gain 5% value each year. After having the guitar for eight years, Mr. Annis wants to sell the guitar for $20,000. Is Mr. Annis asking too much or too little for the guitar? Explain your answer

In a small section of a stadium there are 40 spectators watching a game between the cook islands and fiji. they all support at least one of the two teams. 25 spectators support the cook islands and 16 of these support both teams. how many support only fiji?