Question: in 1895 the first putting green championship was held the...
in 1895, the first putting green championship was held. the winner's prize money was $220. in 2016, the winner's check was $1,420,000.
a. what was the percentage increase per year in the winner's check over this period? (2 decimal places rounded)
b. if the winner's prize increases at the same rate, what will it be in 2033? (2 decimal places rounded)
please when showing the answer show what you put on the BA II calculator to get the answers. For a, i got 7.52% which is right, but I'm getting b wrong (i'm getting 4,870,860.50) so please help