A Graphic Designer Needs a Laptop for Audio/video Editing, and Notices

question 24

Multiple Choice

A graphic designer needs a laptop for audio/video editing, and notices that they can elect to pay $2 900 for a Dell XPS laptop, or lease from the manufacturer for monthly payments of $79 each for four years. The designer can borrow at an interest rate of 7% APR compounded monthly. What is the cost of leasing the laptop over buying it outright?

• A)Leasing costs $311 more than buying.
• B)Leasing costs $892 more than buying.
• C)Leasing costs $399 more than buying.
• D)Leasing costs $384 more than buying.

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Definitions:

Cranial Compression

The condition characterized by increased pressure inside the skull, which can affect brain function.

Sphenoidal

Relating to the sphenoid bone, a butterfly-shaped bone at the base of the skull that plays a key role in the structure of the cranial base.

Fetal Skull

The bony structure forming the head of the fetus, characterized by soft spots called fontanelles that allow for compression during birth.

Intramembranous Bones

Bones that develop directly within sheets of connective tissue, such as the skull's flat bones.