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Andrew is a regular Uber customer. He usually rides Uber twice a week (assume a fare per ride of $5 and a gross margin for
Andrew is a regular Uber customer. He usually rides Uber twice a week (assume a fare per ride of $5 and a gross margin for Uber of 80%). Assume that Andrew will ride Uber for five years (use 4 weeks per month and 48 weeks per year). Using week as the discount period and a monthly discount factor of 1%, what is Andrew's CLV to Uber? $1,450.49 , Not Selected Incorrect answer: $1,406.09 $1,650.49 , Not Selected $1,702.49
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