Danny has decided to retire once he has $2,000,000 in his retirement account. At the end of each year, he will contribute $8,000 to the account, which is expected to provide an annual return of 8.5%. How many years will it take until he can retire? (Round to the nearest year.) 41 years 38 years 40 years 39 years 42 years Suppose Danny's friend, Hugh, has the same retirement plan, saving $8,000 at the end of each year and retiring once he hits $2,000,000. However, Hugh's account is expected to provide an annual return of 10.1%. How much sooner can Hugh retire? (Round to the nearest year.) 6 years 8 years 5 years 7 years 4 years After 25 years, neither Danny nor Hugh will have enough money to retire, but how much more will Hugh's account be worth at this time? $107, 938 $130, 073 $139, 984 $169, 363 $4186.514