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How much will the winner receive in 2051

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Reference no: EM132130975

The winner of the first annual Tom Morris Golf Invitational 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?

 

 

Reference no: EM132130975

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