Dr. Ross Geller, a famous paleontologist, expects that he has 55 years left in his life expectancy. He wants to leave an endowment that will provide his children with $1 million per year forever, with the first payment to be made one year after his death. a) If his investment return is 8% per year, how much will he need to have accumulated at the time of his death (lets assume his expectation is accurate, thus the time would be 55 years from now) in order to make this bequest? b) How much will he have to save each year, starting one year from now and continuing until the year of his death in order to have saved enough (assume annual investment return is 8%)?