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Biology, 27.06.2020 23:01 smagallanes

Sales and finance team of a car company is evaluating a new proposed luxury model of its brand that will require an investment of $1Billion in a new machine for car interior decoration.

Demand for the company’s car is expected to begin at 100,000 units in year 1, with 10% annual

growth thereafter. Production cost will be $40,000 per unit in the first year, and increase by a rat

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