Intro Webster Mining is considering the purchase of a new sorting machine. The quote consists of quarterly payments of $16,000 for 6 years at an annual interest rate of 7.2% (APR with quarterly compounding). Part 1 If the first payment begins one year after the date of purchase. What is the purchase price of the equipment? p+ decimals Submit Attempt 1/10 for 10 pts,

Intro Webster Mining is considering the purchase of a new sorting machine. The quote consists of quarterly payments of $16,000 for 6 years at an annual interest rate of 7.2% (APR with quarterly compounding). Part 1 Attempt 1/10 for 10 pts, If the first payment begins one year after the date of purchase. What is the purchase price of the equipment? Intro Webster Mining is considering the purchase of a new sorting machine. The quote consists of quarterly payments of $16,000 for 6 years at an annual interest rate of 7.2% (APR with quarterly compounding). Part 1 Attempt 1/10 for 10 pts, If the first payment begins one year after the date of purchase. What is the purchase price of the equipment