Based on the house you selected for purchase in Question 2, determine the opportunity costs, of using required funds for closing (i.e., down payment plus all closing costs), rather than investing the funds and earning an effective rate of 6% yearly. The down payment amount will be 20% of the purchase price of the house you selected. For estimation purposes, closing costs will be $4,000.00. Calculate the amount of forgone interest on investment and add the sunk closing cost amount for the following periods: a. Two years b. Three years c. Six years d. Eight years 2 Zillow Save Share 000 More $207,500 4 bd 3 ba 1,990 sqft 3337 Whippoorwill In, Oxford, MS 38655 . For sale Zestimate: $201,979 Est. payment: $910/mo Get pre-qualified Contact Agent Take a Tour Overview Facts and features Price and tax history Monthly > 02 Whippoorwillen 9 SLamar Blvd Castle Loop Windsor Based on the house you selected for purchase in Question 2, determine the opportunity costs, of using required funds for closing (i.e., down payment plus all closing costs), rather than investing the funds and earning an effective rate of 6% yearly. The down payment amount will be 20% of the purchase price of the house you selected. For estimation purposes, closing costs will be $4,000.00. Calculate the amount of forgone interest on investment and add the sunk closing cost amount for the following periods: a. Two years b. Three years c. Six years d. Eight years 2 Zillow Save Share 000 More $207,500 4 bd 3 ba 1,990 sqft 3337 Whippoorwill In, Oxford, MS 38655 . For sale Zestimate: $201,979 Est. payment: $910/mo Get pre-qualified Contact Agent Take a Tour Overview Facts and features Price and tax history Monthly > 02 Whippoorwillen 9 SLamar Blvd Castle Loop Windsor