a. Could Precision Machining Corporation meet the cash requirement of Plan A by investing the $2 800 000 as described above? (Use "now" as the focal date.) b. What is the exact difference between the cash required and the cash available from the investment? Could Precision Machining Corporation meet the cash requirements of Plan B by investing the $2 800 000 as described above? (Use "now" as the focal date.) b. What is the difference between the cash required and the cash available from the investment? a. 3. a. Suppose Plan was changed so that it required equal amounts of $750 000 now, one year from now, two years from now, and four years from now. Could Precision Machining Corporation meet the cash requirements of the new Plan A by investing the $2 800 000 as described above? (Use "now" as the focal date.) b. What is the difference between the cash required and the cash available from the investment? Suppose the treasurer found another way to invest the $2 800 000 that earned interest at a rate of 4.9% compounded quarterly for the next five years. a. Could the company meet the cash requirements of the original Plan A with this new investment? (Show all your calculations.) b. Could the company meet the cash requirements of Plan B with this new investment? (Show all your calculations.) c. If the company could meet the cash requirements of both plans, which plan would the treasurer recommend? In other words, which plan would have the lower present value? a. Could Precision Machining Corporation meet the cash requirement of Plan A by investing the $2 800 000 as described above? (Use "now" as the focal date.) b. What is the exact difference between the cash required and the cash available from the investment? Could Precision Machining Corporation meet the cash requirements of Plan B by investing the $2 800 000 as described above? (Use "now" as the focal date.) b. What is the difference between the cash required and the cash available from the investment? a. 3. a. Suppose Plan was changed so that it required equal amounts of $750 000 now, one year from now, two years from now, and four years from now. Could Precision Machining Corporation meet the cash requirements of the new Plan A by investing the $2 800 000 as described above? (Use "now" as the focal date.) b. What is the difference between the cash required and the cash available from the investment? Suppose the treasurer found another way to invest the $2 800 000 that earned interest at a rate of 4.9% compounded quarterly for the next five years. a. Could the company meet the cash requirements of the original Plan A with this new investment? (Show all your calculations.) b. Could the company meet the cash requirements of Plan B with this new investment? (Show all your calculations.) c. If the company could meet the cash requirements of both plans, which plan would the treasurer recommend? In other words, which plan would have the lower present value