You are trying to attract new customers that you feel could become repeat customers. The average price of the items you sell is $16 with a $9.50 variable cost. Your monthly interest rate is 1.5 percent.
Your experience tells you that 6 percent of these customers will never pay their bill. What would be
The net present value of this decision?

Question

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The Answer of You are trying to attract new customers that you feel could become repeat customers. The average price of the items you sell is $16 with a $9.50 variable cost. Your monthly interest rate is 1.5 percent.
Your experience tells you that 6 percent of these customers will never pay their bill. What would be
The net present value of this decision?

You Are Trying to Attract New Customers That You Feel