What was the percentage increase per year in the winner

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Reference no: EM131916072

In 1895, the first Putting Green Championship was held.

The winner's prize money was $230. In 2014, the winner's check was $1, 450, 000. What was the percentage increase per year in the winner's check over this period?

If the winner's prize increases at the same rate, what will it be in 2030?

Reference no: EM131916072

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