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In 1901, the first U.S. Open Golf Championship was held. The winner's prize money was $330. In 2012, the winner's check was $1, 650,000. Requirement
In 1901, the first U.S. Open Golf Championship was held. The winner's prize money was $330. In 2012, the winner's check was $1, 650,000. Requirement 1: What was the annual percentage increase in the winner's check over this period? Requirement 2: If the winner's prize increases at the same rate, what will it be in 2050
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