Please help solve (Part B)& explain error made.

James Bogut just received a signing bonus of $1,086,000. His plan is to invest this payment in a fund that will earn 8%, compounded annually. Click here to view factor tables. (a) If Bogut plans to establish the AB Foundation once the fund grows to $2,170,914, how many years until he can establish the foundation? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 25.) years Instead of investing the entire $1,086,000, Bogut invests $313,900 today and plans to make 9 equal annual investments into the fund beginning one year from today. What amount should the payments be if Bogut plans to establish the $2,170,914 foundation at the end of 9 years? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, eg. 458,581.) Payments $