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 $160. In 2014, the winner's check was $1,460,000. What was the percentage increase per year in the winner's check over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, o.g., 32.16.) Increase per year If the winner's prize increases at the same rate, what will it be in 2050? (Do not round intermediato calculations. Round your answer to 2 decimal places,e.g., 32.16.) Winner's prize in 2050