When $P$ dollars is invested at interest rate $i,$ compounded annually, for $t$ years, the investment grows to $A$ dollars, where
$$A=P(1+i)^{t}$$
When Sara enters the 11 th grade, her grandparents deposit $\$ 10,000$ in a college savings account. Find the interest rate $i$ if the $\$ 10,000$ grows to $\$ 11,193.64$ in 2 years.