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Problem 14 Intro Webster Mining is considering the purchase of a new sorting machine. The quote consists of quarterly payments of $19,000 for 7 years

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Problem 14 Intro Webster Mining is considering the purchase of a new sorting machine. The quote consists of quarterly payments of $19,000 for 7 years at an annual interest rate of 7.2% (APR with quarterly compounding). Part 1 IB Attempt 1/10 for 10 pts. If the first payment begins one quarter after date of purchase. What is the purchase price of the equipment? No decimals Submit Show all parts

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