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In 1895, the first a sporting event was held. The winner's prize money was $110. In 2007, the winner's check was $1,170,000. Assuming the same

In 1895, the first a sporting event was held. The winner's prize money was $110. In 2007, the winner's check was $1,170,000. Assuming the same annual percentage increase will continue, what will the prize money be in 2040?

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