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Please show all steps. Please do not show in excel. In 1895, the first Putting Green Championship was held. The winners prize money was $180.

Please show all steps. Please do not show in excel.

In 1895, the first Putting Green Championship was held. The winners prize money was $180. In 2014, the winners check was $1,380,000.

What was the percentage increase per year in the winners check over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Increase per year %

If the winners prize increases at the same rate, what will it be in 2037?

(Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Winner's prize in 2037 $

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