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A graphic designer needs a laptop for audio / video editing, and notices that they can elect to pay $ 3 , 3 0 0

A graphic designer needs a laptop for audio/video editing, and notices that they can elect to pay $3,300 for a Dell XPS laptop, or lease from the manufacturer for monthly payments of $92 each for four years. The designer can borrow at an interest rate of 11% APR compounded monthly. What is the cost of leasing the laptop over buying it outright?
A. Leasing costs $260 more than buying.
B. Leasing costs $519 more than buying.
C. Leasing costs $208 more than buying.
D. Leasing costs $312 more than buying.A graphic designer needs a laptop for audio/video editing, and notices that they can elect to pay $3,300 for a Dell XPS laptop, or lease from the manufacturer for monthly payments of $92 each for four years. The designer can borrow at an interest rate of 11% APR compounded monthly. What is the cost of leasing the laptop over buying it outright?
A. Leasing costs $260 more than buying.
B. Leasing costs $519 more than buying.
C. Leasing costs $208 more than buying.
D. Leasing costs $312 more than buying.
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