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 $89 each for four years. The designer can borrow at an interest rate of 6% APR compounded monthly. What is the cost of leasing the laptop over buying it outright?

A. Leasing costs $348 more than buying.

B.Leasing costs $232 more than buying.

C.Leasing costs $579 more than buying.

D.Leasing costs $290 more than buying.