Question: In 1 8 9 6 , the first Green Jacket Golf Championship was held. The winner's prize money was $ 2 0 0 . In

In 1896, the first Green Jacket Golf Championship was held. The winner's prize money
was $200. In 2018, the winner's check was $2,460,000.
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 2050?(Do not round
intermediate calculations and round your answer to 2 decimal places, e.g.,
1,234,567.89.)
 In 1896, the first Green Jacket Golf Championship was held. The

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