Question: I need typed answer with explanation otherwise I will report to your answer and don't use AI BOT. Newlyweds Carolyn and John purchased a bedroom

I need typed answer with explanation otherwise I will report to your answer and don't use AI BOT.

Newlyweds Carolyn and John purchased a bedroom set from Mac's Furniture for $11,662. Over the following five years, they returned to Mac's to buy nursery furniture for their soon-to-be first-born child for $3,213 and then to buy a child's bedroom set for $6,404 when that child turned two. Mac's margin on all bedroom sets and furniture is 21%. Calculate Carolyn and John's CLV over the entire five-year horizon including their initial purchase.

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