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In 1895, the first U.S. Open Golf Championship was held. The winners prize money was $140. In 2019, the winners check was $1,420,000. a. What
In 1895, the first U.S. Open Golf Championship was held. The winners prize money was $140. In 2019, the winners check was $1,420,000. |
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 2052? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
a. Increase per year b. Winners prize in 2052
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