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Winnings of 2016 dollars for Arnold Palmer (534 or 16,349 or 980,725 or 1,005,725 or 30,775,200) Winnings of 2016 dollars for lee Trevino (654 or

Winnings of 2016 dollars for Arnold Palmer (534 or 16,349 or 980,725 or 1,005,725 or 30,775,200) Winnings of 2016 dollars for lee Trevino (654 or 25,388 or 971,363 or 1,021,363 or 37,688,880)Winnings of 2016 for Greg Norman (2,722 or 298,339, or 1,345,575 or 1,430, 575 or 156,791,040) And true or false accounting to the previous table the golfer with the highest pga winnings in nominal dollars is the same as the golfer with the highest pga winnings after adjusting for inflation.

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2. Comparing salaries from different times Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at different points in time. Note that the winnings are nominal figures (unadjusted for inflation). To convert the original earnings of Palmer, Trevino, and Norman, use the formula for converting dollar figures from an earlier era into year 2016 U.S. dollars. Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar. Nominal Winnings U.S. CPI Year Golfer (Dollars) (1983 = 100) Winnings in 2016 Dollars 1963 Arnold Palmer 128,230 30.6 1970 Lee Trevino 157,037 38.8 1986 Greg Norman 653,296 109.6 2016 Dustin Johnson 9,365,185 240.0 9,365,185 True or False: According to the previous table, the golfer with the highest PGA winnings in nominal dollars is the same as the golfer with the highest PGA winnings after adjusting for inflation. True False

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