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In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $150. In 2007, the winner's check was $1,260,000. This is a how much percent increase in the winner's check over this period? If the winner's prize increases at the same rate, it will be what in 2040? (Round answer to 2 decimal places.)
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Question:In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $150.
In 2007, the winner's check was $1,260,000. This is a how...