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In 1901, the first Green Jacket Golf Championship was held. The winner’s prize money was $210. In 2015, the winner’s check was $1,550,000.
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.)
If the winner’s prize increases at the same rate, what will it be in 2039? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Which of the following is not part of cash flow from investing? It is January 1, 2015. Forecasting skills are likely to be of critical importance to NT Inc (NTI) in preparing this document.
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You need a 30-year, fixed rate mortgage to buy a new home for $200,000. Your mortgage bank will lend you the money at a 7.5% APR for this 360-month loan. However, you can only afford monthly payments of $1000, so you offer to pay off any remaining lo..
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