At the end of 8 years, your friend wants to have $50,000 saved for a down payment on a house. He expects to earn 8 percent (compounded monthly) on his investments over the next 8 years. How
much would your friend have to put in his investment account each month to reach his goal?

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.