Question: Calculating Interest Rates and Future Values ( [varangle] ) LO1, 3] In 1895, the first U.S. Open Golf Championship was held. The winner's prize money

$Calculating Interest Rates and Future Values $ [\varangle] $ LO1, 3]$

Calculating Interest Rates and Future Values $ [\varangle] $ LO1, 3] 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 $2.25 million. What was the percentage increase per year in the winner's check over this period? If the winner's prize increases at the same rate, what will it be in 2044

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