Item7 1.25 points Return to questionItem 7Item 7 1.25 points In 1898, the first Green Jacket Golf Championship was held. The winner’s prize money was $230. In 2018, the winner’s check was $2,640,000. a. What was the annual percentage increase in the winner’s check over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If the winner’s prize increases at the same rate, what will it be in 2056? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 1,234,567.89.)