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In 1 8 9 5 , the first U . S . Open Golf Championship was held. The winner's prize money was $ 1 6

In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $160. In 2019, the winner's check was $1,460,000.
a. What was the percentage increase per year in the winner's check over this period? (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 2053?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
\table[[a. Increase per year,],[b. Winners prize in 2053,%
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