14. 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 bond fund will pay 7% and you have 12 years to save, how much will you have to save each year? Hint: here's one of those problems where you will not be solving for $ on the left side of the equation