Mr. Ali is the CEO of Fiditzi Construction company and they have an allotted budget for project which is 1,000,000 R.O. Projects in different places in Oman are projected to show the following cash inflows per year: Year Project in Muscat Project in Ibri Project in Salalah Project in Shinas Year 1 200,000 400,000 150,000 480,000 Year 2 400,000 300,000 200,000 570,000 Year 3 500,000 600,000 100,000 600,000 Year 4 400,000 500,000 400,000 200,000 Year 5 300,000 300,000 500,000 100,000 Assume that Mr. Ali will apply loan to the bank to finance the 1,000,000 investment fund and New Bank offered a rate of 6% interest rate payable in 5 years, while Old Bank offered 6.5% payable in 9 years. 46 Which one of the following techniques gives a very closer rate of return? ed out of a. Return on investment method b. None of the given options c. Accounting rate of return d. Internal rate of return in 47 How much is the interest if the Old Bank will use simple interest annually for 9 years? ed out of a. 685,000 b. 585,000 c. 600,000 d. 300,000 in