A well$-$known financial writer argues that he can earn $101$ percent per year buying wine by the case. Specifically, he assumes that he will consume one $$14$ bottle of fine Bordeaux per week for the next $12$ weeks. He can either pay $$14$ per week or buy a case of $12$ bottles today. If he buys the case, he receives a $7$ percent discount and, by doing so$,$ earns the $101$ percent. Assume he buys the wine and consumes the first bottle today. What is the EAR of this deal. $($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$