Question 1 (of 9) value: 10.00 points In 1895, the first a sporting event was held. The winner's prize money was $130. In 2007, the winners check was $1,172,000. (Do not round your intermediate calculations.) Required: (a) What was the percentage increase per year in the winner's check over this period? (Click to select) 8.37 24.12 8.52 8.47 8.57 (E creases at the same rate, what will it be in 2040? References eBook&Resources Learning Objective: 05-01 How toSection: 5.1 Fu determine the future value of an investment made today Worksheet Obiective: 05-03 How to