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Melody is considering the installation of solar panels for her house. Solar City quoted her a total cost of $ 2 2 , 0 0

Melody is considering the installation of solar panels for her house. Solar City quoted her a total cost of $22,000. She expects to save $3,500 per year in utility cost. Melody planned to sell her house and downsize after 15 years. If her opportunity cost of capital is 10%, should she install the solar panels?
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Yes. NPV is $4,621.
No. NPV is -$6,621.
No. IRR is 13.54%.
Yes. IRR is 9.8%.

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