Security, Inc. is an internet security provider. An annual subscription to protect one PC or MAC...
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Security, Inc. is an internet security provider. An annual subscription to protect one PC or MAC is priced at $50. The annual retention rate is 70%, and the annual discount rate is 7%. Security's marketing director has determined that the CLV of a new customer should be $178 to meet long-term objectives. What does the annual contribution need to be in order to meet the CLV goal? 0.00 Currency (US) 2 3 4 5 6 7 8 9 10 PREVIOUS QUESTION NEXT QUESTION Security, Inc. is an internet security provider. An annual subscription to protect one PC or MAC is priced at $50. The annual retention rate is 70%, and the annual discount rate is 7%. Security's marketing director has determined that the CLV of a new customer should be $178 to meet long-term objectives. What does the annual contribution need to be in order to meet the CLV goal? 0.00 Currency (US) 2 3 4 5 6 7 8 9 10 PREVIOUS QUESTION NEXT QUESTION
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