S3E6: Capital One Case Interview Example
Strategy Simplified
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How to Calculate Your Revenue From Credit Cards
About 25% of our customers pay off their transactions monthly. The average balance of those customers is about $1,000. And they accrue 18% annual interest rates, which that 70% segment will eventually pay. There's also an additional 5% of customers that they purchase is that they will later default on the payment of. On average, that's about two. Those are customers that have on average a balance of about 2000 customers.
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