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The winner of the first annual Tom Morris Golf Invitational won $175 in the competition which was held in 1913. In 2015, the winner received

The winner of the first annual Tom Morris Golf Invitational won $175 in the competition which was held in 1913. In 2015, the winner received $1,600,000. If the winner's purse continues to increase at the same interest rate, how much will the winner receive in 2047? Multiple Choice $25,434,292.94 o $22,382,1779 o $31,474,937.51 o $27,977722.23 o $25,825,589.75

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