The winner of the first annual Tom Morris Golf Invitational won $115 in the competition which was held in 1901. In 2015, the winner received $1,480,000. If the winner's purse continues to increase at the same interest rate, how much will the winner receive in 2052? Select one: a. $31,920,341.90 b. $29,018,492.64 c. $25,536,273.52 d. $29,464,930.99 e. $35,910,384.64