Question
A Toronto based Meal Planning service charges $500 per month for their premium monthly package. Variable costs are about $200 per package per month. With
A Toronto based Meal Planning service charges $500 per month for their premium monthly package. Variable costs are about $200 per package per month. With an attrition of 10% per month and at a monthly discount rate of 1%, what is the Customer Lifetime Value of a customer?
- $2,400
- $2,455
- $2,500
- $2,550
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
