Question: The monthly average contribution generated from every Verizon customer is about $30. Currently, Verizon incurs a cost of $800 per customer to acquire them. Based

The monthly average contribution generated from every Verizon customer is about $30. Currently, Verizon incurs a cost of $800 per customer to acquire them. Based on a recent analysis of their customer data, they have determined that they lose approximately 10% of their customers each year. 8. What is the expected purchasing life of a new customer for Verizon (over an infinite time period)

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