Which of the two options is more beneficial for Homa's cleaning business?

Calculate NPV, Payback period, and accounting concepts that are relevant.

Note: All figures like rate of interest, depreciation, and maintenance can be assumed.

Homa currently uses public transport but wants to purchase a gas vehicle to drive to and from various places and to help carry her cleaning supplies. She is thinking about doing a pros and cons analysis of purchasing versus leasing a vehicle. She has found a 2019 used car on sale for $17,500 but she is also looking at maybe leasing a hybrid vehicle from the dealership for $80 a month at 6.99% interest with $3,000 as a down payment. She thinks either car will last her 5 years. She is working 5 days a week, a minimum of 30 hours including her traveling time. She will use this car for her daily travel to houses.