Engineering, 24.11.2021 05:00 rleiphart1
eginning 1 month from now, Thaxton Mechanical Products will set aside$1500 per month for possibly replacing its corrosion-resistant diaphragm pumpswhenever it becomes necessary. The replacement isn’t needed for 3 years. Howmuch will the company have available if the hoped-for rate of return of 18% peryear is achieved?
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