Case 1 Instructions - Protected View . Saved to this PC ign Layout References Mailings Review View Help Search Internet can contain viruses. Unless you need to edit it's safer to stay in Protected View Enable Editing UUELAVO HUW TE CILEHT > Uue Lu L u uve period of time. (round to two decimal places) a) semi-annual (2 times per year) b) quarterly (4 times per year) c) monthly (12 times per year) d) weekly (52 times per year e) daily (365 days per year) 3) Affordability is obviously one of the biggest factors that the bank will consider when deciding whether or not to give a mortgage. Which two mortgage formulas, as well as percentage cap determines if a bank is willing to lend? a) Gross Debt Service ratio should be more than 32%; Total Debt Service ratio should not be more than 40% b) Gross Debt Service ratio should not be more than 40%; Total Debt Service ratio should be more than 32% c) Gross Debt Service ratio should not be more than 40%; Total Debt Service ratio should not be more than 32% d) Gross Debt Service ratio should not be more than 32%; Total Debt Service ratio should not be more than 40% e) Neither of these formulas are used by the lender if a 20% down payment is provided. arch