In 1893, the first Green Jacket Golf Championship was held. The winner's prize money was $230. In 2015, the winner's check was $1,570,000. What was the annual percentage increase in the winner's check over this period?

The interest rate is 7.5%

Step-by-step explanation:

The winner’s prize was in 1893 = $230

Now the winner prize in 2015 = $1570000

Total time period = 2015 – 1893 = 122 years

We have given the initial prize and final price along with the time period of 122 years. Now interest rate is required to calculate.

Future value = present  value (1 + r)^n

1570000 = 230 (1 + r)^122

r = 0.075 or 7.5 %

The interest rate is 7.5%

this was already solved by me with a different person. if you look it up in the search bar at the top of the page, you will get the answer.

step-by-step explanation:

option 2 is correct.

step-by-step explanation:

we are given two inequality equation

x+y> 5 and -3x+2y< -2

first we draw the graph of both function using t-table method

equation: x+y> 5

for x=0, y=5

for x=-5, y=0

table:

x   :   0     5

y   :   5     0

test point (0,0) , 0> 5

false

equation: -3x+2y< -2

for x=0, y=-1

for x=2, y=4

table:

x   :   0     2

y   : -1       4

test point (0,0) , 0< -2

true

now we draw the graph. see the attachment for graph.

common region would be solution set.

option 2 is correct.