Question

If your product costs $1,000 per month and you give a 10% discount to the client, what is the annual client value? Choose 1 answer:

a. $12,000
b. $9,800
c. $11,000
d. $10,800

Answer 1

The annual client value for a product that costs $1,000 per month with a 10% discount is $10,800.

Step-by-step explanation:

To calculate the annual client value, we first need to calculate the discounted price per month. The discount is 10% of $1,000, which is $100. So, the discounted price per month is $1,000 - $100 = $900.

Next, we need to find the total discounted price for the year. Since there are 12 months in a year, we multiply the discounted price per month by 12: $900 x 12 = $10,800.

Therefore, the annual client value is $10,800.