Answered step by step
Verified Expert Solution
Question
1 Approved Answer
How can I calculate the CLV of Hubble? I can't find information on the text CLV= M * (1+i) / (1 - r + i)
How can I calculate the CLV of Hubble? I can't find information on the text
CLV= M * (1+i) / (1 - r + i) - AC
where:
M=the margin the customer generates in a year r=the annual retention rate
i=the interest rate AC=the acquisition cost.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started