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Cody, an office administrator, is evaluating the following quotation that she received for the purchase of a printer for her office: Lease Option: Make payments

Cody, an office administrator, is evaluating the following quotation that she received for the purchase of a printer for her office:
Lease Option: Make payments of $80 at the beginning of every month for 6 years. At the end of 6 years, make the final payment of $1,250.
Purchase Option: Make a payment of $5,350 immediately.
a. What is the present value of the lease option if money is worth 8.1% compounded semi-annually?
Round to the nearest cent
b. Which option would be economically better
c. What is the present value of the lease option if money is worth 10.2% compounded semi-annually?
Round to the nearest cent
d. Which option would be economically better?

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