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Morris paid $500 a month for 20 years to pay off the mortgage on his house. If his down payment was $ 5,256 and the
Morris paid $500 a month for 20 years to pay off the mortgage on his house. If his down payment was $ 5,256 and the interest rate was 5 % compounded monthly, how much did the house cost? (Don't use the $ sign and coma in you answer!)
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