Question: Consider this subscription service for time in a shared office space. What is the CLV for an average customer? Billing: Beginning of the month Monthly

Consider this subscription service for time in a shared office space. What is the CLV for an average customer?

Billing: Beginning of the month

Monthly margin (M): $200 per customer

Annual retention spending (R): $600 per customer

Monthly retention (r): 95%

Discount rate (d): 3%

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