After putting $20,000 down on a piece of property,a man began paying $500 a month for ten years.Given an interest rate of 8% compounded monthly,how much would the property cost if the man had paid for it in cash?

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The Answer of After putting $20,000 down on a piece of property,a man began paying $500 a month for ten years.Given an interest rate of 8% compounded monthly,how much would the property cost if the man had paid for it in cash?

After Putting $20,000 Down on a Piece of Property,a Man