(0) Edit question You are planning to buy a new house and you are currently 20 years old.you currently have $20k and your bank told you that you would need a 20% down payment plus an additional 5% in closing costs.if the house that you want to buy costs $ 200k and you make a 9.5% annual return on your investment, determine the following a. Approximately how old will you be when you will have enough money for the down payment and closing costs assuming that the $20k is the only investment that you make?