Question: PLEASE EXPLAIN WITH FORMULAS, TRYING TO LEARN THE CONCEPTS. THANK YOU. Everywoman, a relatively new magazine that focuses on issues faced by the average American

PLEASE EXPLAIN WITH FORMULAS, TRYING TO LEARN THE CONCEPTS. THANK YOU.

PLEASE EXPLAIN WITH FORMULAS, TRYING TO LEARN THE CONCEPTS. THANK YOU. Everywoman,

Everywoman, a relatively new magazine that focuses on issues faced by the average American woman, nets $21 per annual subscription, including retention costs. The annual discount rate is 12%, and the CLV of each newly acquired customer has been calculated to be $53. Calculate the annual retention rate, assuming constant renewal. 0.0% Percent (US)

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