If the future value $($FV$)$ in two years of $$100,000$ invested in a certain fund that compounds it at a fixed rate annually is $$116,640,$ at what rate has it been compounded? Round the percentage to two decimal

places. $($please solve it by hand not excel$)$

A$.11\mathrm{.}66\%$

B$.10\mathrm{.}00\%$

C$.8\mathrm{.}00\%$

D$.16\mathrm{.}00\%$

E$.24\mathrm{.}20\%$