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Given an APR of 8%, what is the theoretically highest EAR possible? D Ques Hint: Think about the number of compounding/discounting periods per year, how

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Given an APR of 8%, what is the theoretically highest EAR possible? D Ques 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? Your 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). annua with fi from how Note: numb

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