In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $150. In 2019, the winner's check

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In 1895 The First U S Open Golf Championship Was Held The Winner S Prize Money Was 150 In 2019 The Winner S Check 1 (51.59 KiB) Viewed 11 times

In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $150. In 2019, the winner's check was $2,250,000 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 2039? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Answer is complete but not entirely correct. Annual percentage Prize money $ 7.20 % 20.00