You Have $5,000 in an Index Mutual Fund

question 114

True/False

You have $5,000 in an index mutual fund.At an average annual rate of return of 10% per year,this investment should exceed a value of $500,000 by the time you retire in 40 years.

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Definitions:

Biologically Distinct

Refers to clear differences in the biological characteristics of individuals or groups, often used in the context of species, genetics, or physiological processes.

Handicap

Historically used to describe a disadvantage or physical or mental condition that limits a person's movements, senses, or activities; contemporary language prefers terms like disability.

Social Model

A framework that views disability primarily as a result of societal barriers and attitudes, rather than just the physical or medical condition of the individual.

Physically Unusual

Describing entities or individuals that deviate from what is typically expected or considered normal in physical form or characteristics.