In 1898, the first Putting Green Championship was held. The winner’s prize money was $466. In...

In 1898, the first Putting Green Championship was held. The winner’s prize money was $466. In 2002, the winner’s check was $1049361. What was the percentage increase per year in the winner’s check over this period? ( as a percentage and round to 2 decimal places)

Expert Solution

ekkarill92 answered 1 year ago

In 1896, the first Green Jacket Golf Championship was held. The winner’s prize money was $160....

In 1896, the first Green Jacket Golf Championship was held. The winner’s prize money was $160. In 2015, the winner’s check was $1,610,000. 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.) Annual percentage % If the winner’s prize increases at the same rate, what will it be in 2044? (Enter your answer...

In 1904, the first Putting Green Championship was held. The winner's prize money was $130. In...

In 1904, the first Putting Green Championship was held. The winner's prize money was $130. In 2016, the winner's check was $1,167,000. (Do not round intermediate calculations.) a. What was the percentage increase per year in the winner's check over this period? b. If the winner's prize increases at the same rate, what will it be in 2049?

In 1895, the first a sporting event was held. The winner's prize money was $180. In...

In 1895, the first a sporting event was held. The winner's prize money was $180. In 2007, the winner's check was $1,165,000. (Do not round your intermediate calculations.) Required: (a) What was the percentage increase per year in the winner's check over this period? (b) If the winner's prize increases at the same rate, what will it be in 2040?

In 1895, the first a sporting event was held. The winner's prize money was $130. In...

In 1895, the first a sporting event was held. The winner's prize money was $130. In 2007, the winner's check was $1,173,000. (Do not round your intermediate calculations.) Required: (a) What was the percentage increase per year in the winner's check over this period? (Click to select) 8.52 8.57 -24.12 8.47 8.37 (b) If the winner's prize increases at the same rate, what will it be in 2040? (Click to select) 17,430,895.58 17,697,884.24 130.00 16,653,153.67 17,167,814.42

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