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In 1895, the first Green Jacket Golf Championship was held. The winner's prize money was $165. In 2020, the winner's check was $2,250,000. a. What
In 1895, the first Green Jacket Golf Championship was held. The winner's prize money was $165. In 2020, the winner's check was $2,250,000. a. What was the annual percentage increase in the winner's check over this period? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. If the winner's prize increases at the same rate, what will it be in 2051? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 1,234,567.89. a. Annual percentage increase % b. 2051 prize money
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