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n 1904, the first Putting Green Championship was held. The winner's prize money was $160. In 2016, the winner's check was $1,165,000. (Do not round
| n 1904, the first Putting Green Championship was held. The winner's prize money was $160. In 2016, the winner's check was $1,165,000. (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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An Introduction To Socio-Finance
Authors: Jørgen Vitting Andersen, Andrzej Nowak
2013th Edition
3642419437, 978-3642419430
