Problem 4-13 Calculating Growth Rates and Future Values (LO 1, 3] h 18.5! the first Green Jacket Golf Championship was held. The winner's prize money jas $160. In 2018, the winner's check was $2,220,000. a. What was the annual percentage increase 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.) b. If the winner's prize increases at the same rate, what will it be in 2050? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 1,234,567.89.) % a. Annual percentage increase b. 2050 prize money