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In 1898, the first U.S. Open Golf Championship was held. The winners prize money was $180. In 2012, the winners check was $1,380,000. Requirement 1:
In 1898, the first U.S. Open Golf Championship was held. The winners prize money was $180. In 2012, the winners check was $1,380,000. Requirement 1: What was the annual percentage increase in the winners check over this period? If the winners prize increases at the same rate, what will it be in 2042?
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