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Cadillac has estimated that they will sell $272, $296, $310, $323, and $340 million through 2016 to 2020. They want to invest in a new
Cadillac has estimated that they will sell $272, $296, $310, $323, and $340 million through 2016 to 2020. They want to invest in a new model ST6 in 2020 which needs $1,500 million. Are they able to invest on this model? (assume 10% annual interest rate)
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