Question: in 1895 value: 1.00 points Problem 5-13 Calculating Interest Rates and Future Values [LO1, 3] In 1895, the first Putting Green Championship was held. The

in 1895

value: 1.00 points Problem 5-13 Calculating Interest Rates and Future Values [LO1, 3] In 1895, the first Putting Green Championship was held. The winner's prize money was $140. In 2014, the winner's check was $1.420,000 What was the percentage increase per year in the winners check over this period? (Do termediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Increase per year f the winner's prize increases at the same rate, what vwill it be in 2049? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Winner's prize in 2049 References eBook & Resources Worksheet O Type here to search

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