In 1985, the first U.S. Open Golf Championship was held. The winner's prize money was $300. In 2020, the winner's check was $2 million. What was the percentage increase per year in the winner's check over this period? If the rate stays the same, what will be the check amount in 2040?
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- In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $150. In 2022, the winner's check was $3.15 million What was the perentage increase per year in the winner's check over this period? Note: 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 2047? Note: Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to 2 decimal places, e.g., 1,234,567.89In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $150. In 2019, the winner's check was $2.25 million. What was the percentage increase per year 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.) Interest rate es If the winner's prize increases at the same rate, what will it be in 2044? (Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to 2 decimal places, e.g., 1,234,567.89) Future valueNone
- In 1904, the first Dalmore Championship was held. The winner's prize money was $100. In 2016, the winner's check was $1,171,000. (Do not round intermediate calculations.) a. What was the percentage increase per year in the winner's check over this period? Interest rate b. If the winner's prize increases at the same rate, what will it be in 2049? Future valueIn 1895, the first Green Jacket Golf Championship was held. The winner's prize money was $170. In 2020, the winner's check was $2,280,000. a. What was the annual percentage increase in the winner's check over this period? Note: 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 2052? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 1,234,567.89. a. Annual percentage increase b. 2052 prize money %In 1896, the first Green Jacket Golf Championship was held. The winner's prize money was $200. In 2020, the winner's check was $2,460,000. a. What was the annual percentage increase in the winner's check over this period? Note: 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 2050? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 1,234,567.89. X Answer is complete but not entirely correct. a. Annual percentage increase b. 2050 prize money $ 7.89✔ % 24,008,824.67X
- In 1895, the first Putting Green Championship was held. The winner’s prize money was $250. In 2010, the winner’s check was $1,450,000. What was the percentage increase per year in the winner’s check over this period? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Interest rate % If the winner’s prize increases at the same rate, what will it be in 2030? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))In 1895, the first a sporting event was held. The winners prize money was $ 120 . In 2007, the winners check was $1,170,000. (A) what was the percentage increase per year in the winners check over this period? (B) If the winners prize increases at the same rate, what will it be in 2040?9
- Suppose you are going to invest $11,000 per year for six years. The appropriate interest rate is 9 percent. What is the future value if the payments are made on the last day of the year? What if the payments are made on the first day of the year? a) $82,756.68; $90,204.78 b) $90,204.78; $82,756.68 c) $49,345.10; $53,786.16 d) $53,786.16; $49,345.10Today is January 1, 2020. On the first day of the years 2021, 2022, 2023, and 2024, you will invest $12,000. If your expected rate of return is 7% per year, you will have ___________ on January 1, 2025 (rounded to the nearest dollar).What is the present value of 500 received at the beginning of each year for 15 years? (Assume the first payment is received today. Use a discount rate of 10℅, and round your answer to the nearest ten.) How do i solve this on a financial calculator?