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In 1904, the first Putting Green Championship was held. The winner's prize money was $150. In 2016, the winner's check was $1,161,000. (Do not round
| In 1904, the first Putting Green Championship was held. The winner's prize money was $150. In 2016, the winner's check was $1,161,000. (Do not round intermediate calculations.) |
| a. | What was the percentage increase per year in the winner's check over this period? |
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| b. | If the winner's prize increases at the same rate, what will it be in 2049? |
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Asia Bond Monitor June 2016
Authors: Asian Development Bank
1st Edition
9292574930,9292574949
