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In 1 9 3 4 , the first Masters golf tournament was held. The winner's prize money was $ 1 , 5 0 0 .

In 1934, the first Masters golf tournament was held. The winner's prize money was $1,500. In 2019, the winner's check was $2,070,000. What was the percentage increase per year in the winner's check over this period?
Select one:
A.7.42%
B.9.14%
C.12.23%
D.8.88%
E.6.31%
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