Problem 5-13 Calculating Interest Rates and Future Values [LO1, 3] In 1895, the first Putting Green Championship was held. The winners prize money was $160. In 2014, the winners check was $1,460,000. What was the percentage increase per year in the winners check over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Increase per year % If the winners prize increases at the same rate, what will it be in 2050? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Winner's prize in 2050 $