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In 1900, the first Green Jacket Golf Championship was held. The winners prize money was $200. In 2015, the winners check was $1,540,000. What was

In 1900, the first Green Jacket Golf Championship was held. The winners prize money was $200. In 2015, the winners check was $1,540,000. 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 2040?

Calculate: Annual percentage=?

Prize money=?

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