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?

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))

If $13,000 had been invested in a certain investment fund on September 30, 2008, it would have been worth $59,102.69 on September 30, 2018. What interest rate, compounded annually, did this investment earn? (Round your answer to two decimal places.)

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; $49,345.10

Today 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?

Congratulations, you just won the lottery! As the winner, you will receive payments of $2 million at the beginning of every year over the next 10years. The first payment will be paid out already today. What is the present value of your lottery winnings? Assume an interest rate of 5% per year. Answer in millions of dollars with 2 decimals (for example, if your answer is 12, 160,000 enter 12.16).

You are evaluating a growing perpetuity product from a large financial services firm. The product promises an initial payment of $25,000 at the end of this year and subsequent payments that will thereafter grow at a rate of 0.05 annually. If you use a discount rate of 0.08 for investment products, what is the present value of this growing perpetuity? Round to two decimal places.

You will receive a cash flow 8 years from now and at the end of every year after that in perpetuity. If this perpetuity has a value of $6,865 at year 7 and you require 6.3% return, how much must each cash flow after year 7 be? Enter your answer as a number with four decimal places and without the currency symbol. For example, if your answer is $90.1234, enter 90.1234