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A subscription-based online fitness company has provided the following data: Total revenue in the last quarter: $120,000 Number of customers at the start of the

A subscription-based online fitness company has provided the following data:

  • Total revenue in the last quarter: $120,000
  • Number of customers at the start of the quarter: 1,000
  • Number of customers lost in the quarter: 50
  • Gross Margin: 70%

Assuming no new customers were acquired during the quarter, based on this information,  calculate the Customer Lifetime Value (LTV) for this fitness company.

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