Question: Problem 4-13 Calculating Growth Rotes and Future Values [LO 1, 3) In 1905, the first Green Jacket Golf Championship was held. The winner's prize money
Problem 4-13 Calculating Growth Rotes and Future Values [LO 1, 3) In 1905, the first Green Jacket Golf Championship was held. The winner's prize money was $290. In 2015, the winner's check was $1650.000 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.) Annual percentage If the winner's prize increases at the same rate, what will be in 2054 Enter your answer in dollars, not millions of dollars, eg 1,234 567. Do not found intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Prize money Beference
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