Question: Old MathJax webview SORRY, WRONG QUESTION! Here's the one I need In 1897, the first Green Jacket Golf Championship was held. The winner's prize money

Old MathJax webview

Old MathJax webview SORRY, WRONG QUESTION! Here's the one I need In

SORRY, WRONG QUESTION!

Here's the one I need

1897, the first Green Jacket Golf Championship was held. The winner's prize

In 1897, the first Green Jacket Golf Championship was held. The winner's prize money was $205. In 2018, the winner's check was $2,490,000. 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 2051? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 1,234,567.89.) % a. Annual percentage increase b. 2051 prize money For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value $ 10 12% 2,950 8,853 23 10 17 5 93,305 231,382 33 3

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