Multiple Choice
Find out the customer lifetime value using the following information and a discount rate of 7%.
Average Annual Sales = $23,000 (treat the average sales as annuity)
Average Profit Margin = 18%
Expected Lifetime in Years = 15
A) $4,140
B) $37,707
C) $23,000
D) $8,197
E) Do not have enough information to compute
Correct Answer:

Verified
Correct Answer:
Verified
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