$($Related to Checkpoint $5\mathrm{.}5)($$olving for I$)$ At what annual interest rate, compounded annually, would $$480$ have to be invested for it to grow to $$1,923\mathrm{.}12$ in $11$ years?

The annual interest rate, compounded arnually, at which $$480$ must be invested for it to grow to $$1,923\mathrm{.}12$ in $11$ years is $($type your answer as a percentage, round to two decimal places$)\%$