After debating how much you should pay for this house

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You hate paying interest, but someday you want to buy a home. Easy - pay cash! After debating how much you should pay for this house, you decide a quarter of a million dollars has a nice ring to it. Assuming your fund will pay 8% and you have 12 years to save, how much will you have to save each year?

Reference no: EM13835347

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