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I will calculate the CLV. I use the following inputs: a result of NOK 6,614,327 Retention rate 0.7 5 year duration on the customer discount
I will calculate the CLV.
I use the following inputs:
a result of NOK 6,614,327
Retention rate 0.7
5 year duration on the customer
discount rate 5%
Recruitment cost for new customers 178,667
Can someone tell me how this is calculated? Provide asnwer as soon as possible.
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