In 1897, the first Green Jacket Golf Championship was held. The winner's prize money was $210. In 2018, the winner's che

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In 1897 The First Green Jacket Golf Championship Was Held The Winner S Prize Money Was 210 In 2018 The Winner S Che 1 (33.41 KiB) Viewed 78 times

In 1897, the first Green Jacket Golf Championship was held. The winner's prize money was $210. In 2018, the winner's check was $2,520,000. a. What was the annual percentage increase in the winner's check over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If the winner's prize increases at the same rate, what will it be in 2052? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 1,234,567.89.) a. 8.14 % Annual percentage increase 2052 prize money b. $ 36,052,630.61