What is the annual percentage increase in the winners prize

Reference no: EM13255865

In 1985 U.S. Open winner won $150. In 2009, the winner won $1,350,000. What is the annual percentage increase in the winners prize money over this time period. If the winners prize increases at the same rate, what will it be in 2045?

Reference no: EM13255865

Questions Cloud

How much energy does the surroundings absorb : A 100 Ohm resistor dissipates heat to its surroundings, isothermally. The resistor maintains a constant temperature of 300 K. How much energy does the surroundings absorb

What was the annual increase in the value of the certificate : In 2009, a $5 certificate from 1896 was sold for $10,500. What was the annual increase in the value of the certificate?

State a chemical equation for lioh(aq) : Write a chemical equation for LiOH(aq) showing how it is an acid or a base according to the Arrhenius definition.

What is the change in entropy of the resistor : A 100 Ohm resistor dissipates heat to its surroundings, isothermally. The resistor maintains a constant temperature of 300 K. What is the change in entropy of the resistor

What is the annual percentage increase in the winners prize : In 1985 U.S. Open winner won $150. In 2009, the winner won $1,350,000. What is the annual percentage increase in the winners prize money over this time period. If the winners prize increases at the same rate, what will it be in 2045?

What is the airspeed of the plane : A plane is flying at an altitude of 10000 metres, and the pitot tube measures a gauge pressure of 10kPa. What is the airspeed of the plane

Define what is kc for the reaction : Two different proteins X and Y are dissolved in aqueous solution at 37 C. The proteins bind in a 1:1 ratio to form XY. A solution that is initially 1.00 mM in each protein is allowed to reach equilibrium. At equilibrium, 0.18 mM of free X and 0.18..

What is the current value of this swap to your company : On the other hand, the 3 month LIBOR rate 2 months ago (when the last cash exchange occurred) was 4.00% per annum with quarterly compounding.

How many booths should be operated to minimize total cost : Cars arrive at a toll plaza at the rate of 60 cars per hour. There are four booths, each capable of servicing 30 car per hour. Assume a Poisson distribution for arrivals and an exponential distribution for service time.

User Account

All Pages