1) In 1903, the winner of a competition was paid $50. In 2017, the winner's prize was 1) S235,000. What will the winner's prize be in 2040 if the prize continues increasing at the same rate? A Cpa Daw atimelincdte B) (4pts) It is given that the prize continues increasing at the same rate. Find the rate using an appropriate formula, i.e., you must solve your equation for the unknown quantity, the rate. C) (4pts) Now find the winner's prize in 2040 by using an appropriate formula