In 1930,the Highest Paid Player in Major League Baseball Was

Multiple Choice

In 1930,the highest paid player in major league baseball was Babe Ruth of the New York Yankees,with an annual salary of $80,000.In 2005,the highest paid player in major league baseball was Alex Rodriguez,also of the New York Yankees,with a salary of $25,000,000.What was the average annual rate of growth in the top baseball salary over this time period?

A) 7.96%
B) 18.70%
C) 3.31%
D) 4.17%