Webster Mining is considering the purchase of a new sorting machine. The quote consists of quarterly payments of $17,000 for 8 years at an annual interest rate of 9.6% (APR with quarterly compounding). Part 1 IBM Attempt 2/10 for 9 pts If the first payment begins one quarter after date of purchase. What is the purchase price of the equipment? No decimals Submit Part 21B 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? No decimals Submit