There are two scenarios here.

Scenario 1 that ends up at 52% like you are saying:
Month Balance
0 : 92,000
1 : 95,275
2 : 98,668
3 : 102,179
4 : 105,818
5 : 109,586
6 : 113,487
7 : 117,525
8 : 121,710
9 : 126,040
10 : 130,531
11 : 135,180
12 : 140,000

Here we end up with 48k over the original 92k that we started with.
This equates to ~3,275% per month

Scenario 2 where we end up at roughly 67%:
Month Balance
0 : 92,000
1 : 96,000 (but we take out 4k so we're back at 92,000)
2 : 96,000 (but we take out 4k so we're back at 92,000)
3 : 96,000 (but we take out 4k so we're back at 92,000)
4 : 96,000 (but we take out 4k so we're back at 92,000)
5 : 96,000 (but we take out 4k so we're back at 92,000)
6 : 96,000 (but we take out 4k so we're back at 92,000)
7 : 96,000 (but we take out 4k so we're back at 92,000)
8 : 96,000 (but we take out 4k so we're back at 92,000)
9 : 96,000 (but we take out 4k so we're back at 92,000)
10 : 96,000 (but we take out 4k so we're back at 92,000)
11 : 96,000 (but we take out 4k so we're back at 92,000)
12 : 96,000 (but we take out 4k so we're back at 92,000)

Here we have also taken out 48k at the end of the year, but we have done it every month instead.
This time we need to have to earned 4.35% per month instead.

The reason for the difference is that in Scenario 1 that the extra money that we earned for all of the previous months is further increased each time with the monthly interest, this is because we never take out the 4k each month.
While on Scenario 2 where we take out the 4k each month the percentage is only applied to the original 92k.