You're planning major renovations for your home and considering taking out a home improvement loan. A local credit union offers you a $$25,000$ loan to be repaid over $4$ years $(48$ months$)$ at a nominal annual interest rate of $11\mathrm{.}28\%,$ with interest compounding monthly. What is the loan's Effective Annual Rate $($EAR$)?$ Please write the answer in percentage form.