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In 1895, the first Green Jacket Golf Championship was held. The winner's prize money was $160. In 2018, the winner's check was $2,220,000. a. What

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In 1895, the first Green Jacket Golf Championship was held. The winner's prize money was $160. In 2018, the winner's check was $2,220,000. a. What was the annual percentage increase 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 2050? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 1,234,567.89.) 8.06% a. Annual percentage increase b. 2050 prize money

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