Question: Need help understanding In 1896, the first Green Jacket Golf Championship was held. The winner's prize money was $190. In 2018, the winner's check was

Need help understanding

In 1896, the first Green Jacket Golf Championship was held. The winner's prize money was $190. In 2018, the winner's check was $2,400,000. 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 2056'? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 1,234,567.89.) a Annual percentage increase - b. 2056 p... money

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