(Q27 IN TYPE B) WHICH OF THE FOLLOWING THEORIES IS GENERALLY SUPPO...

24. (Q27 in Type B) Which of the following theories is generally supported by the principles of compound interest, assuming we invest in interest bearing securities? A) the longer you invest the more likely your investment will grow B) Whether you invest for your retirement early or late in life are irrelevant. C) The rate at which your retirement investment grows is irrelevant D) The later in life you invest the better off you will be. Solution A. Assuming a positive rate of interest the longer you invest the more your investment will grow over time.