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In 1895, the winner of a competition was paid $110. In 2016, the winner's prize was $70,000. What will the winner's prize be in 2040

In 1895, the winner of a competition was paid $110. In 2016, the winner's prize was $70,000. What will the winner's prize be in 2040 if the prize continues increasing at the same rate?

208,890.70

251,886.50

236,409.78

222,112.91

235,002.04

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