Ces In 1895 The First U S Open Golf Championship Was Held The Winner S Prize Money Was 150 In 2019 The Winner S Ch 1 (47.76 KiB) Viewed 12 times
Ces In 1895 The First U S Open Golf Championship Was Held The Winner S Prize Money Was 150 In 2019 The Winner S Ch 2 (38.94 KiB) Viewed 12 times
ces 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. Annual percentage b. Prize money
Suppose you are committed to owning a $175,000 Ferrari. If you believe your mutual fund can achieve a 12.1 percent annual rate of return, and you want to buy the car in 10 years on the day you turn 30, how much must you invest today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Amount to invest
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