Calculate Customer Lifetime Value

$1)$ ?If a typical restaurant customer visits the restaurant once per month and spends

$ $30$ ?per visit over an average lifetime of $10$ ?years, what is the average customer

lifetime value?

$2)$ ?Based on the following info, please calculate CLV $.$

Average spending per visit

$($ $ $)$

Visits Per week Life span $($ years $)*$

Customer $110220$

Customer $215315$

Customer $320110$

Customer $410425$

Customer $530218$

Average

$*1$ ?year $=52$ ?weeks

Customer Lifetime Value $($ CLV $)=$

If the profit margin is $25\%,$ ?CLV in profits $=$