value: 10.00 points In 1895, the first a sporting event was held. The winner's prize money was $180. In 2007, the winner's check was $1,161,000. (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) 8.05 ( 8.20 ncreases at the same rate, what will it be in 2040? 8.25 -23.34 8.15 References eBook &Resources Section: 5.1 Futu Learning Objective: 05-01 How to determine the future value of an investment made today Worksheet