You Are Trying to Attract New Customers That You Feel

You are trying to attract new customers that you feel could become repeat customers. The average selling price of your products is $69 each with a $41 per unit variable cost. The monthly interest rate is 1.2 percent. Your experience tells you that 8 percent of these customers will never pay their bill. What is the value of a new customer who does not default on his or her bill?

A) $1,986
B) $2,333
C) $2,617
D) $4,817
E) $8,867