Determine the nominal annual rate of interest of the following ordinary general annuity.

$\backslash$table$[[\backslash$table$[[$Present$],[$Value$]],\backslash$table$[[$Periodic$],[$Payment$]],\backslash$table$[[$Payment$],[$Interval$]],$Term,$\backslash$table$[[$Conversion$],[$Period$]]],[$$$11,000,$$$96\mathrm{.}89,1$ month,$11$ years,quarterly$]]$

The nominal annual rate of interest is $\%$ compounded quarterly.

$($Round to two decimal places as needed.$)$