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(Solved): In 1895, the first Green Jacket Golf Championship was held. The winners prize money was $175. In ...



In 1895, the first Green Jacket Golf Championship was held. The winner’s prize money was $175. In 2020, the winner’s check was $2,310,000. What was the annual percentage increase in the winner’s check over this period? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. If the winner’s prize increases at the same rate, what will it be in 2053?



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