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Your boss at work just gave you a $500bonus for being an excellent employee.TheMcCormackeffectis real, gang. You want to put this money to work for
Your boss at work just gave you a $500bonus for being an excellent employee.TheMcCormackeffectis real, gang.
You want to put this money to work for you, so you invest it in an index fund with Vanguard that is projected to earn about 8% per year on average. Assuming that rate of return holds steady, what will you have in a decade? Round to the nearest dollar.
A.$500
B.$1079
C.$232
D.$540
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