ARK invest estimates value of each US digital wallet user at $19,900 by 2025. Assume value of LATOKEN international client will be $1000 in 2027 and number of monthly paying clients will grow from 30,000 at 10% monthly rate till 2027 and 0 afterwards. What will be the value of LATOKEN in 2027? * LATOKEN Monthly paid users, CAGR 6M 23.6% 20,000 15,000 10,000 -5,000 May 2020 Jul 2020 Sep 2020 Nov 2020 $899,718,800 $9,134,449,000 O $28,667,815,000 $89,971,883,000 Jan 2021 $25,000 $20,000 $15,000 $10,000 $5,000 50 Potential Value Per Average Digital Wallet Customer Across Commercial and Financial Products in the US $19,900 Total Source: Ark Invest $9.400 Offline Online Commerce $2.700 $2,600 Payments Insurance $2.500 Personal Credit and $1,700 Saving and Spending Mortgage Account $1,000 - Brokerage
ARK invest estimates value of each US digital wallet user at $19,900 by 2025. Assume value of LATOKEN international client will be $1000 in 2027 and number of monthly paying clients will grow from 30,000 at 10% monthly rate till 2027 and 0 afterwards. What will be the value of LATOKEN in 2027? * LATOKEN Monthly paid users, CAGR 6M 23.6% 20,000 15,000 10,000 -5,000 May 2020 Jul 2020 Sep 2020 Nov 2020 $899,718,800 $9,134,449,000 O $28,667,815,000 $89,971,883,000 Jan 2021 $25,000 $20,000 $15,000 $10,000 $5,000 50 Potential Value Per Average Digital Wallet Customer Across Commercial and Financial Products in the US $19,900 Total Source: Ark Invest $9.400 Offline Online Commerce $2.700 $2,600 Payments Insurance $2.500 Personal Credit and $1,700 Saving and Spending Mortgage Account $1,000 - Brokerage
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter22: Providing And Obtaining Credit
Section: Chapter Questions
Problem 2MC
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