In 1970, the prize money of the Canadian Open Tennis tournament was $15,000. In 2015, the prize money was $3,776,270.

What was the percentage increase in the prize money over this period? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Interest rate %

If the winners prize continues to increase at the same rate, what will it be in 2040? (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit $ sign in your response.)

Future value $