Answer:
AND
Explanation:
AND condition is used when we need to check for the condition in which both the given conditions are satisfied.
Here from the statements provided in the question, it can be observed that the vendor must have offices in both the cities i.e the condition should be followed that the vendor has the office in one city AND the other city.
Answer:
Mortgage, 20%, 80%
Explanation:
Typically required on Mortgage loans when the down payment is less than 20% and loan-to-value ratio is in excess of 80%. Loans with higher LTVs don't conform to Fannie Mae/Freddie Mac guidelines, so a lender may require PMI to offset the risk.
