Question: Ross_ Assignment Chap 3 3 8.33 points Saved In 1898, the first Green Jacket Golf Championship was held. The winner's prize money was $230. In

 Ross_ Assignment Chap 3 3 8.33 points Saved In 1898, the

Ross_ Assignment Chap 3 3 8.33 points Saved In 1898, the first Green Jacket Golf Championship was held. The winner's prize money was $230. In 2018, the winner's check was $2,640,000. 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 prize money eBook Print References

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