In 1895, the first Putting Green Championship was held. The winners prize money was $150. In 2010, the winners check was $1,350,000. What was the percentage increase per year in the winners check over this period? If the winners prize increases at the same rate, what will it be in 2040?

Answer must be an Excel Formula (RATE)

In 1895 , the first U.S. Putting Green Championship was held. The winner's prize money was $150. In 2010 , the winner's check was $1,350,000. What was the percentage increase per year in the winner's check over this period? If the winner's prize increases at the same rate. what will it be in 2040 ? Complete the following analysis. Do not hard code values in your answers. All answers should