My most basic rule of investing is to never put money in anything I don't completely understand. Since you started by having a friend look at the sales brochure (why did they give you a sales brochure instead of a detailed prospectus?), it's probably not immediately obvious what all the details are.
Just based on what you posted, I don't even understand this line:
Guaranteed Return (2.75% Return 2nd Qtr) 21%
What does that mean?
Basically, SOME annuities can be good options for SOME people at SOME times.
Unless you're sure you and the annuity are in one of those groups, they are PROBABLY not good for you.