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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

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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 13.07% If the winner's 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 $

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