Step 1: Find the beat frequency.
The beat frequency is given by the difference in frequencies of the two waves. Frequency is \( f = \frac{v}{\lambda} \), where \( v \) is the velocity and \( \lambda \) is the wavelength.
Step 2: Calculate the frequencies of the two waves.
For the first wave, \( f_1 = \frac{396}{0.99} = 400 \, \text{Hz} \) and for the second wave, \( f_2 = \frac{396}{1.00} = 396 \, \text{Hz} \).
Step 3: Find the beat frequency.
The beat frequency is \( |f_1 - f_2| = 400 - 396 = 4 \, \text{Hz} \).
Final Answer:
\[
\boxed{4}
\]