When a professor was working on his phd, he was being paid to do research. the university forced him to make monthly deposits to a retirement program. after finishing his phd 10 years ago, he stopped making the monthly deposits and completely forgot about the account. The retirement rogram found his address and sent him a statement, indicating a current balance of $4,351.86. the statement indicates a personal rate of return of 1% per quarter. A) what is the effective annual rate of return? B) how much money was in the account when the professor finished his Ph.D, assumming the rate of return was constant the entire time.