Ean inherited an annuity worth $3,643.34 from his uncle. The annuity will pay him four equal payments of $1,100 at the end of each year. what rate of return is the annuity fund offering? 9.44% 8% 6.96% 10.80% Ean's friend Ian has hired a financial planner for advice on retirement. Considering Ian's current expenses and expected future lifestyle changes, the financial planner has stated that once Ian crosses a threshold of $8,310,521 in savings, he will have enough money for retirement. Ian has nothing saved for his retirement yet, so he plans to start depositing $70,0000 in a retirement fund at a fixed rate of 8% at the end of each year. How long will it take for Ian to reach his retirement goal? 25.97 years 30.55 years 38.19 years 41.24 years