3. TI Calculator Graded Problem Set Brian has decided to retire once he has $1,500,000 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 8.0%. How many years will it take until he can retire? 038 years O 42 years 40 years 41 years 36 years Suppose Brian's friend, Gene, has the same retirement plan, saving $8,000 at the end of each year and retiring once he hits $1,500,000. However, Gene's account is expected to provide an annual return 10.7% How much sooner can Gene retire? 4 years O 6 years OS years 7 years 8 years After 25 years, neither Brian nor Gene will have enough money to retire, but how much more will Gene's account be worth at this time? $289,671 After 25 years, neither Brian nor Gene will have enough money to retire, but how much more will Gene's account be worth at this time? O $289,671 $130,073 $186,514 O $109,283 $139,984 Brian is jealous of Gene because Gene is scheduled to retire before him, so Brian decides to make whatever end-of-year contribution is necessary to reach the $1,500,000 goal at the same time as Gene. If Brian continues to earn 8.0% annual interest, what annual contributions must he make in order to retire at the same time as Gene? $8,789 $11,695 $13,241 $9,873 $8,408