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Welcome to MATH Magazine’s Numbers in the News! Each week we'll post a math question based on a current news story. Read and solve the question.

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"Fantastick" Success

A musical called The Fantasticks celebrated its 50th anniversary last week. Before its debut on May 3, 1960, the play (like most plays) needed investors: People who give money to pay for things like sets and costumes. The Fantasticks' 44 original investors put in a total of $16,500. If a show is successful and makes a profit (more money than they spent), investors earn their money back...and more! The Fantasticks has been very successful-there have been more than 11,000 productions of the show around the world. Marjorie and Malcolm Gray, two of the original investors, put $330 into the show in 1960. On average, they've earned about $1,600 a year ever since. How much in total have they earned from the show in 50 years?