Given an APR of 6%, what is the theoretically highest EAR possible? Hint: Think about the number of compounding/discounting periods per year, how many of those periods in a year would give you the highest possible EAR? Note: Show your answer in units of percent, use plain numbers with at least two digits after the decimal (e.g., for 12.34%, type 12.34). For a person with a monthly take-home pay of $10,000, and total monthly payments of $3,000; what is the debt safety ratio? Note: Show your answer in units of percents, use plain numbers with at least two digits after the decimal (e.g., for 12.34%, type 12.34)