How much is the customer equity of dropbox


Problem

Dropbox is an online file hosting service that is used for online collaboration. Dropbox charges its customers $150 per year for its standard service, and serving each customer usually costs $30. Currently, Dropbox has around 20 million users. With an annual interest rate of 10% and a customer churn rate (yearly) of 25%, how much is the customer equity of Dropbox?

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