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PV = 44,444.44 R 11. Calculating Interest Rates and Future Values in 1968 prize money for the Wimbledon Tennis Championships was first gwarded. The winner

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PV = 44,444.44 R 11. Calculating Interest Rates and Future Values in 1968 prize money for the Wimbledon Tennis Championships was first gwarded. The winner of the men's singles was 2,000 and for the ladies' singles it was 750. In 2016 both winners received 850,000. What was the percentage increase per year in the winner's cheque for men and women over this period? If the winner's prize increases at the same rate, what will the men's and ladies' singles tournament winners receive in 2040? na aither the FV or the PV formula. Both will

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