A graphic designer needs a laptop for audio/video editing, and notices that they can elect...
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Accounting
A graphic designer needs a laptop for audio/video editing, and notices that they can elect to pay $3,500 for a Dell XPS laptop, or lease from the manufacturer for monthly payments of $94 each for four years. The designer can borrow at an interest rate of 10% APR compounded monthly. What is the cost of leasing the laptop over buying it outright? O A Leasing costs $248 more than buying. OB Leasing costs $206 more than buying OC. Leasing costs $165 more than buying OD. Leasing costs $413 more than buying CO

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