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BI) Calculate the NPV, ROI, and the payback period for the following IT project shown in tablel assuming that rate of interest is 6%. What

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BI) Calculate the NPV, ROI, and the payback period for the following IT project shown in tablel assuming that rate of interest is 6%. What is your recommendation for this project? Justify your answer. Costs in OMR Benefits in OMR 0 140000 0 Year 1 2 40000 50000 180000 200000 3 70000 220000 Tablel Solution: Year 1 2 40000 50000 0 140000 Costs in OMR 3 70000 Discount factor (rounded for two decimal digits) Discounted costs 0 180000 200000 Benefits in OMR Discounted benefits 220000 Table1 (Each missed value has 0.5 mark) (1 mark) NPV ROI (1 mark) . Payback period 1 mark) My recommendation for this project. Justification. (1 mark)

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