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monthly? 4.46 Beginning 1 month from now, Thaxton Mechanical Products will set aside $1500 per month for possibly replacing its corrosion-resistant diaphragms pumps whenever it

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monthly? 4.46 Beginning 1 month from now, Thaxton Mechanical Products will set aside $1500 per month for possibly replacing its corrosion-resistant diaphragms pumps whenever it becomes necessary. The replacement isn't needed for 3 years. How much will the company have available if the hoped-for-rate of return of 18% per year is achieved

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