The winner of the first annual Tom Morris Golf Invitational…

The winner оf the first аnnuаl Tоm Mоrris Golf Invitаtional won $110 in the competition which was held in 1900. In 2015, the winner received $1,470,000. If the winner's purse continues to increase at the same interest rate, how much will the winner receive in 2051? (Assume annual compounding.)