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Nobu is a restaurant that gets a lot of 1st time customers: in a given month, 200 new couples try the restaurant. Of these customers,
Nobu is a restaurant that gets a lot of 1st time customers: in a given month, 200 new couples try the restaurant. Of these customers, 25% come back again twice during one year and spend an average of $50 per meal; 30% come back again four times during one year and spend an average of $100 per meal. Calculate the total follow-on revenue attributable to the repeat business from one month's set of new customers.
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