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Comcast is known to spend $500 to acquire a new high speed internet user and $50 per year to provide services for a customer on
Comcast is known to spend $500 to acquire a new high speed internet user and $50 per year to provide services for a customer on average. The average monthly churn rate of the industry is known as 1.25% and the interest rate (discount rate) per year is 7.5%. When an average customer pays $50 per month for the service, what is the CLV of the customer for the next 5 years.
Customer Lifetime Value (CLV) CLV (NPV) Change these cells for your business Customer Lifetime Value (CLV) CLV (NPV) Change these cells for your businessStep by Step Solution
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