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In 1895, the first a sporting event was held. The winner's prize money was $150....

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In 1895, the first a sporting event was held. The winner's prize money was $150. In 2007 the winner's check was $1,180.000. (Do not round your intermediate calculations.) Required (a)What was the percentage increase per year in the winner's check over this period? (Click to select) w to selecahy (b)lf the winner's prize increases at the same rate, what will it be in 20401? (Click to select)

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