Question: This long-term customer has purchased, on the average, $23283 annually. Your Gross Profit Margin for this Customer is 18%, and you expect this customer to
This long-term customer has purchased, on the average, $23283 annually. Your Gross Profit Margin for this Customer is 18%, and you expect this customer to require your product for the next 5 years. Given an annual discount rate of 8%, what is this customer's Lifetime Net Present Value?
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