$5000$ is borrowed at an annual nominal rate of interest of $j$ convertible

monthly. The loan is repaid with payments of $291\mathrm{.}23$ at the end of each

quarter for $5$ years.

Calculate $j.$

$($A$)5\mathrm{.}97\%(B)6\mathrm{.}00\%(C)6\mathrm{.}04\%(D)6\mathrm{.}09\%($E$)6\mathrm{.}14\%$