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c D E F G H 1 1 K 2 3 4 In 1895, the first U.S. Putting Green Championship was held. The winner's prize

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c D E F G H 1 1 K 2 3 4 In 1895, the first U.S. Putting Green Championship was held. The winner's prize money was $150. In 2010, the winner's check was $1,350,000. What was the percentage increase per year in the winner's check over this period? If the winner's prize increases at the same rate, what will it be in 2040? 5 6 $ 7 8 9 10 11 12 Present value Years Future value 150 115 1,350,000 $ Years 30 13 Complete the following analysis. Do not hard code values in your answers. All answers should be positive values. 14 15 16 17 18 Interest rate Future value 19

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