Question
24. In 1895, the first Putting Green Championship was held. The winners prize money was $190. In 2014, the winners check was $1,390,000. a. What
24. In 1895, the first Putting Green Championship was held. The winners prize money was $190. In 2014, the winners check was $1,390,000.
a. What was the percentage increase per year in the winners check over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Increase per year %
b. If the winners prize increases at the same rate, what will it be in 2036? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Winner's prize in 2036 $
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