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Wimbledon paid 2,081,000 pounds in 2020 to both the Ladies' and Gentlemen's Singles champions. If the champion's prize for the Gentlemen's Singles increased at a
Wimbledon paid 2,081,000 pounds in 2020 to both the Ladies' and Gentlemen's Singles champions. If the champion's prize for the Gentlemen's Singles increased at a rate of 8.89% per year since 1968, what was the value of the 1968 prize? (Round to the nearest dollar)
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