3. Jack, age 22, just graduated from college and is starting a new job that offers a 401(k) retirement plan. His company will match his investment dollar for dollar up to 6% of his salary. Jack decides to invest 6%, so the total investment to his 401(k) will be 12% of his salary after the company matches his contribution. He is allowed to invest in Vanguard funds, so go to www

.vanguard.com and recommend the fund or funds in which you think Jack should invest. Explain your reasoning for picking the particular funds. (LO 12-4)