Stephanie, an office administrator, is evaluating the following quotation that he received for the purchase of a printer for his office:

Lease Option: Make payments of $$90$ at the beginning of every month for $5$ years At the end of $5$ years, make the final payment of $$2,000.$

Purchase Option: Make a payment of $$5,850$ immediately.

a$.$ What is the present value of the lease option if money is worth $7\mathrm{.}2\%$ 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 $8\mathrm{.}7\%$ compounde semi$-$annually?

$$

Round to the nearest cent

d$.$ Which option would be economically better?

$($click to select$)$