Transcribed image text: You decide to get a new car that costs $21000. You can pay cash to buy it or the car can be leased for three years by making payments of 160 at the beginning of each month and pay $10000 at the end of the lease. If interest is 8% compounded semi-annually, which alternative buy or lease is preferable Select one: a. Buy is preferable because you pay $2372 less ob Lease is preferable because you pay $1511 less c. Lease is preferable because you pay $2372 less d. Buy is preferable because you pay $1511 less