Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

ARK invest estimates value of each US digital wallet user at $19,900 by 2025. Assume value of LATOKEN international client will be $1000 in 2027

image text in transcribed

ARK invest estimates value of each US digital wallet user at $19,900 by 2025. Assume value of LATOKEN international client will be $1000 in 2027 and number of monthly paying clients will grow from 30,000 at 10% monthly rate till 2027 and O afterwards. What will be the value of LATOKEN in 2027? * LATOKEN Monthly paid users, CAGR 6M 23.6% Potential Value Per Average Digital Wallet Customer Across Commercial and Financial Products in the US S25000 20,000 $9.900 59400 $20 000 15,000 $15.000 Value Per Customer (USD) $2.700 $10.000 $2.600 10,000 $2.500 $5.000 S1700 $1,000 $C Total 5,000 Offline Payments Insurance Brokerage Online Commerce Personal Saving Credit and and Spending Mortgage Account May 2020 Jul 2020 Sep 2020 Nov 2020 Jan 2021 Source: Ark Invest $899,718,800 $9,134,449,000 $28,667,815,000 $89,971,883,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting An International Introduction

Authors: David Alexander, Prof Christopher Nobes, Chris W. Nobes

4th Edition

027372164X, 978-0273721642

More Books

Students explore these related Accounting questions