Plant Company was supposed to have received a payment of $2,500 1 years ago, and 1 another payment of $700 5 years ago from a customer who could not make either payment as scheduled. If the customer would like to settle both the payments today, what total amount would he have to pay Plant Company if interest of 4.74% compounded quarterly is charged? a Please include a well-labelled timeline diagram. Full solutions should be shown on separate sheets of paper. Submit your solutions. Round to the nearest cent