Find Rate on Lump Sum. Suppose you're offered an investment opportunity that guarantees your investment will double in 7 years by annual compounding for any amount you invest. What is the annual rate of return being promised? (Hint: some values are given in words, not dollars) 20.0% 100% 40.0% 10.4% 18.75% Question 6 1 pts Find FV for Annuity. Mrs. Smith expects to deposit $3000 it into an IRA at the end of every year, with an expected average annual return of 7.5 percent. How much will the savings be worth 25 years from now, when she plans to retire? $286,063 $222.229 $219.229 $203.934 $274.86