In 1895, the first Putting Green Championship was held. The winners prize money was $150. In 2016, the winners check was $1,410,000. a. What was the percentage increase per year in the winners 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 winners prize increases at the same rate, what will it be in 2048? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

a.) Increase per year? (I know the answer is 7.85%)

b.) Winners Prize in 2048? $