Emma runs a small factory that needs a vacuum oven for brazing small fittings. She can purchase the model she needs for $180,000 up front, or she can lease it for five years for $4200 per month. She...

Extracted text: Emma runs a small factory that needs a vacuum oven for brazing small fittings. She can purchase the model she needs for $180,000 up front, or she can lease it for five years for $4200 per month. She can borrow at 7% APR, compounded monthly. Assuming that the oven will be used for five years, should she purchase the oven or should she lease it? O A. Buy, since the present value (PV) of the lease is $32,108 more than the cost of the oven. B. Lease, since the present value (PV) of the lease is $12,224 less than the cost of the oven. OC. Lease, since the present value (PV) of the lease is $8642 less than the cost of the oven. D. Lease, since the present value (PV) of the lease is $2212 less than the cost of the oven. 202 2021-12 ScreenS 2021-12 Next DI 80 888 F8 F6 F7 FS esc F3 F4 F2 9. OO O O