Multiple Choice
What is the customer lifetime value of a customer that that generates $5,000 (on average) of annual sales? Assume an 8% discount rate, a 15% profit margin, and a customer expected lifetime of 8 years.
A) Less than $2,000
B) Between $2,000 and $3,000
C) Between $3,000 and $4,000
D) More than $4,000
Correct Answer:
Verified
Correct Answer:
Verified
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