Directions: Compute the Customer lifetime value (CLV) for the following situation. Follow/Use the guide provided below. (show computation) Mr. Blythe spends $5000.00  for every visit  to  the  shoe  store  twice  a year for an expected time of 5 years. Mike spends $1500.00 for every visit to a restaurant with his girlfriend once a month for an expected period of 2 years. PV   RP   RT   CLV

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A: Total expenses of Gabriel = $1000 + Present value of $300 quarterly installment for the next 3 years…

Q: An engineer is employed in a government office. Every month an amount of ₱ 1,924.83 is deposited in…

A: First we need to calculate  accumulated amount at the time of retirement FV =PMT(1+i)n -1i where FV…

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Q: Problem 2: Judy gets financing for a home loan on a $900,000 single bedroom, one bath 500 sq ft.…

A: In this problem, Judy is taking out a home loan of $900,000 with an interest rate of 7.5% per annum.…

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A: The concept of TVM will be used and applied here.TVM refers to time value of money.

Q: Peggy made a down payment of $300 toward the purchase of new furniture. To pay the balance of the…

A: Frist we need to calculate loan value buy using loan amortization formula below.P=Loan n=number of…

Q: Calculate Sandy’s monthly payment

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Q: Business loan The owner of a small business decides to fi- nance a new computer by borrowing $3000…

A: Borrowing = 3000 Time Period = 2 years ×12 = 24 Months  Interest Rate = 7.5%/12 = 0.625%

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Q: QUESTION 1 Refer to Scenario 9.2 below to answer the question(s) that follow. SCENARIO 9.2: Tom…

A: Fixed costs are the type of costs that do not vary in total with a change in the level of output. A…

Q: Find the period Thomas has started working, and he will be putting $100 aside, at the end of every…

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A: For an add-on interest loan, the interest paid on the loan is simply the simple interest on the…

Q: Your Question :Your Question :Your Question :Your Question :help  please answer in text form with…

A:

Q: Question 15 A family spends $42000 in a year for living expenses. If prices increase 3% per year for…

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Q: Andy wants to buy a car that costs $22,750. The dealership will finance the car for 5 years, at…

A: A loan is an agreement where an amount is forwarded in exchange for a periodic payment which would…

Q: A family spends $34000 in a year for living expenses. If prices increase 1% per year for the next 3…

A: As the prices increase due to inflation the expenses of the family will also increase accordingly.…

Q: You are saving to buy your dream Rolex; the watch will cost $12,500. You currently have $3,500 saved…

A: The question is based on the concept of Future value and Annuity.

Q: B. Ordinary Annuities 1. Roselyn spends Php 850 per month on cigarettes. If she stops smoking and…

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Q: You are considering the purchase of new living room furniture that costs $1,390. The store will…

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A: Nper stands for Number of periods, which is defined as the number of periods required or needed to…

Q: A recent college graduate buys a new car by borrowing $16,000 at 7.2%, compounded monthly, for 5…

A: Any cashflow of equal instalments can be called as an annuity. A loan with equal repayments at equal…

Q: 1. Mr. Roberto Cáceres wishes to obtain a loan of $15,000 for the purchase of furniture for your…

A: Semiannual interest rate is the annual interest rate divided by 2. And interest amount is calculated…

Q: Ken starts saving for down payment on a house that he plans to buy 5 years from now. He plans to…

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Q: Problem 2: Judy gets financing for a home loan on a $900,000 single bedroom, one bath 500 sq ft.…

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Q: 1.      A homeowner planning a kitchen remodeling can afford a $200 monthly payment. How much can…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Problem 2: Judy gets financing for a home loan on a $900,000 single bedroom, one bath 500 sq ft.…

A: Judy is taking out a home loan of $900,000 with an interest rate of 7.5% per annum. The loan is to…

Q: Mary Kate, Ashley, Dakota, and Elle each want to buy a new home. Each needs to save enough to make a…

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Q: Exercise 2: You are buying a foreclosed house. Your income only allows you to make a payment of $800…

A: Here, Details of Part-a: APR is 7% Months of Payments is 360 Details of Part-b: House Cost id…

Q: Current Attempt in Progress Jason Allen has just purchased some equipment for his landscaping…

A: PRESENT VALUE Present Value is the Current Value of Future Cash Flows. Present Value is Computed…

Q: Assume that a customer shops at a local grocery store spending an average of $300 a week, resulting…

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Q: A truck costing $120,000 is paid off in monthly installments over four years with 6.3​% APR. After…

A: A concept that implies the future worth of the money is lower than its current value due to several…

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Q: What is the formula needed for Excel to find the monthly payment

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Factors Affecting Housing Decision