Problem 4-13 Calculating Interest Rates and Future Values [LO 1,3] In 1901, the first U.S. Open Golf Championship was held. The winner's prize money was $210. In 2012, the winner's check was $1,410,000. Requirement 1: What was the annual percentage increase in the winner's check over this period? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) Annual percentage % Requirement 2: If the winner's prize increases at the same rate, what will it be in 2039? (Enter your answer in dollars, not millions of dollars (e.g., 1.234,567). Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Prize money S Problem 5-6 Calculating Annuity Values [LO 1] For each of the following annuities calculate the present value. (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Interest Rate 7% $ Years 7 9 6 Present Value Annuity Payment 2.500 1.430 12,830 32,650 A 8 10 19 25