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In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $150. In 2016, the winner's check was $1,800,000. What was

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In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $150. In 2016, the winner's check was $1,800,000. 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.) Interest rate If the winner's prize increases at the same rate, what will it be in 2040? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value

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