Currently, you have $$29,000$ that you would like to grow to $$91,500$ within the next $7$ years.

Assuming interest rate compounds annually, what annual rate of return do you have to earn?

$($Round your answer to the nearest hundredth; two decimal places. Also, if your answer is an even number, enter it with two decimal places; e$.$g$.,34\mathrm{.}00)$