What is the total sales price for a property priced at $5,000 per acre for 20 acres?

To determine the total sales price for a property priced at $5,000 per acre for 20 acres, you start by multiplying the price per acre by the number of acres. In this case, the calculation is straightforward:

Price per acre: $5,000

Number of acres: 20

By performing the multiplication:

$5,000 (price per acre) × 20 (acres) = $100,000

This calculation leads to the total sales price of the property being $100,000. Understanding this process is crucial in real estate transactions, as sales prices are commonly determined through similar multiplication of land area and price per unit.