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 8.4\% (APR with quarterly compounding). - Ert 1 - 1 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? *What if the first payment begins one year after the date of purchase? -for this question, go to TVM II (BONUS)