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In 1 8 9 7 , the first Green Jacket Golf Championship was held. The winner s prize money was $ 2 2 5 .
In the first Green Jacket Golf Championship was held. The winners prize money was $ In the winners check was $
What was the annual percentage increase in the winners check over this period?
Note: do not round intermediate calculations and round you answer to decimal places, eg
If the winners prize increases at the same rate, what will it be in
Note: do not round intermediate calculations and round you answer to decimal places, eg
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