1: According to the Seton Hall Career Center (http://www.shu.edu/offices/career-center/highlights.cfm), the 2016 graduates of the Stillman School of Business earned an average salary of $53,227 per year their first year after graduation. Assume that is the salary that you will earn following graduation at your first job when you graduate. Further assume that you stay at that job for your entire career and earn a 3% raise each year. If you start working when you are 20 years old, how much money will you earn per year when you are 60 (40 years later)?