Use the least number of interest factors and draw a cash flow diagram for the problem below

For the second problem find what is asked for and draw a cash flow diagram

A manufacturing company just started using Radio Frequency Identification (RFID) technology to tag its products for inventory control. The industrial engineer estimates this will save $1.3 million dollars per month beginning 3 months from now. How much should the company spend now to implement this technology at an interest rate of 12% per year, compounded monthly, if it wants to recover its investment in 2 1/2 years? Draw a cash flow diagram and use the least number of interest factors. As a successful and grateful graduate of the CSUS College of Engineering & Computer Science, you endow the college $300,000. If the college gets 7% return on investments and wants to use the endowment to fund an annual faculty research award for the next 25 years, what will be the value of the award? Draw a cash flow diagram