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You are trying to attract new customers you feel could become repeat customers. The average selling price of your products is $110 each with a
You are trying to attract new customers you feel could become repeat customers. The average selling price of your products is $110 each with a $80 per unit variable cost. The monthly interest rate is 1.31 percent. Your experience tells you that 8 percent of these customers will never pay their bill. What is the value of a new customer who does not default on his or her bill? OA) $2,290 B) $3,440 C) $8,817 D) $5,733 E) $2,617 You are trying to attract new customers you feel could become repeat customers. The average selling price of your products is $110 each with a $80 per unit variable cost. The monthly interest rate is 1.31 percent. Your experience tells you that 8 percent of these customers will never pay their bill. What is the value of a new customer who does not default on his or her bill? OA) $2,290 B) $3,440 C) $8,817 D) $5,733 E) $2,617
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