If you deposit $$1,004$ in your bank, when you take it out two years later, it grows to $$1,177.$ With semiannual compounding, the $($annual$)$ interest rate is $\%?($keep two decimal places, for example, enter $1\mathrm{.}23$ for $0\mathrm{.}0123)$

Hint: Find the semiannual rate and multiply it by $2.$ Remember $N=4.$