A graphic designer needs a laptop for audio/video editing, and notices that they can elect to pay $3,100 for a Dell XPS laptop, or lease from the manufacturer for monthly payments of $86 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 $273 more than buying.

B.Leasing costs $455 more than buying.

C.Leasing costs $182 more than buying.

D.Leasing costs $227 more than buying.