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Corporate Finance · Quiz 1 · 15 Mar 2026 · January 2026 term

Question 23: Systematic Investment Plan (SIP) is a popular method of …

Question 23

+4 marksOne correct option

Systematic Investment Plan (SIP) is a popular method of investing by contributing a fixed amount of money at regular intervals. You start an SIP of Rs 24,000 per year (beginning next year) towards a fund that earns 7.5% annual interest. What will be the value of your investment after 20 years?

  1. A

    Rs 4,80,000

  2. B

    Rs 10,39,312

  3. C

    Rs 15,24,854

  4. D

    Rs 20,38,968

Show answer

Correct answer

  • B

    Rs 10,39,312

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Question 23 of 25 in the IIT Madras BS Corporate Finance (Corporate Finance) Quiz 1 paper sat on 15 Mar 2026, in the January 2026 term (Corporate Finance 15 Mar 26). It carries 4 marks.

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