Q1:My job pays me only once a year for all the work that I complete in the whole year. Today, Dec 31, I receive my salary of $74,500, and I plan to spend all of it. However, I would like to start saving for retirement beginning next year. I have decided that one year from today, I will begin depositing 5% of my annual salary in an account that earns 9.4% per year. Meanwhile, my salary will increase at 3.7% per year throughout my career. How much money will you have on the date of your retirement 40 years from now