Question
In 1899, the first Green Jacket Golf Championship was held. The winners prize money was $235. In 2020, the winners check was $2,670,000. What was
In 1899, the first Green Jacket Golf Championship was held. The winners prize money was $235. In 2020, the winners check was $2,670,000. What was the annual percentage increase in the winners check over this period? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. If the winners prize increases at the same rate, what will it be in 2055? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 1,234,567.89.
Annulal percentage increase= %
2055 prize money=
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