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In 1895, the first U.S open golf tournment championship was held. The winner's prize money was $190. In 2019, the winners check was $1,490.000. A)
In 1895, the first U.S open golf tournment championship was held. The winner's prize money was $190. In 2019, the winners check was $1,490.000. A) what was the percentage increase per year in the winner's check over this period. (please do not round intermediate calculations and enter answer as a percent rounded by 2 decimals. B) If the winner's prize increases as the same rate, what will it be in 2047? (please do not round intermediate calculations and round answer to 2 decimals.
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