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Business, 27.02.2020 01:22 aaleeyahprice

Galaxy Fitness is targeting a customer retention rate (CRR) of 90% for the first quarter after launch. Based on last year’s numbers, you expect to start the quarter with 500,000 active users and end with 550,000 active users. In order to achieve a CRR of 90%, how many new customers would Galaxy Fitness need to acquire in this first quarter?

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