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In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $150. In 2007, the winner's check was $1,260,000. This is

In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $150. In 2007, the winner's check was $1,260,000. This is a percent increase per year in the winner's check over this period. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16)) If the winner's prize increases at the same rate, it will be $ _____ in 2040.

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