2. Based on the house selected, determine the opportunity costs, on a monthly basis, of using required funds for closing (i.e., down payment plus all closing costs), rather than leaving those funds invested and earning the monthly effective rate 5.5% yearly. The down payment amount will be 20% of the purchase price of the house that you selected. For estimation purposes, closing costs will be $4,000.00. closing cost is 5% of the purchase price. Your house purchase is $270,000. show work!!!