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value: 10.00 points Problem 5-13 Calculating Interest Rates and Future Values [LO1, 3] In 1895,...

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value: 10.00 points Problem 5-13 Calculating Interest Rates and Future Values [LO1, 3] In 1895, the first Putting Green Championship was held. The winner's prize money was $170. In 2014, the winner's check was $1,370,000 What t was the percentage increase per year in the winner's check over this period? (Do not round , e.9, 32.16.) intermediate calculations. Enter your answer as a percent rounded to 2 decimal places Increase per year If the winner's prize increases at the same rate, what will it be in 2038? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Winners prize in 2038 References eBook & Resources Worksheet Difficulty: Basic

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