# Projected Revenue

posted by Mary

Prior Year: New Revenue = 248,631. Renewal Revenue = 369519. Conversion rate = 41.7%. What is the Renewal RAte? (Def: Conversion rate = new rev converts to renewal rev in the following yr. Renewal rate = renewal rev that converts to renewal revenue in the following yr. Renewal Revenue is comprised of partly the prior years new sales and prior years renewal sales

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