Investment Decisions Total: 53 marks This is a hand-in assignment. Please show your work clearly and in an organized manner. Round final answers to 2 decimal places, and include units, if appropriate. If you use technology as a strategy in your solution steps, please indicate what application you are using the values you input, and a sketch or printout of the results. Answers given without supporting calculations will not be awarded full marks. 1. Kenny earns a gross salary of $45,000 per year and wants to buy a house. He thinks he can afford a mortgage payment of $1100 per month. The annual property taxes for a house he is looking at are $2700 per year and the owners say they pay $75 per month for heating the house. Based on his Gross Debt Service ratio, should Kenny expect the bank to grant him the mortgage? Justify your