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In 1895, the first Putting Green Championship was held. The winners prize money was $240. In 2016, the winners check was $1,440,000. a. What was
| In 1895, the first Putting Green Championship was held. The winners prize money was $240. In 2016, the winners check was $1,440,000. |
| a. | What was the percentage increase per year in the winners check over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| b. | If the winners prize increases at the same rate, what will it be in 2031? |
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