Your company is considering leasing a $$120,000$ piece of equipment for the next $10$ years. Your company can buy the equipment outright or lease it$.$ The annual lease payments of $$15,000$ are due at the beginning of each year. The lease includes an option for your company to buy the equipment for $$25,000$ at the end of the leasing period $($i$.$e$.,10$ years$).$ Should your company accept the lease offer if the EAR is $8\%?$