Intro Webster Mining is considering the purchase of a new sorting machine. The quote consists of quarterly payments of $17,000 for 4 years at an annual interest rate of 12% (APR with quarterly compounding). 8 - Attempt 1/10 for 9 pts. Part 1 If the first payment begins one quarter after date of purchase. What is the purchase price of the equipment? 105566 Try again Try again See solution (-2 pts.) 18 | Attempt 1/10 for 10 pts. Part 2 If the first payment begins one year after the date of purchase. What is the purchase price of the equipment? 0+ decimals Submit