5. Payments of 50 are made at the end of each quarter for a year. These payments earn interest at a nominal rate of j% convertible quarterly. The interest is immediately reinvested at a nominal rate of 6% convertible quarterly. At the end of the year, the accumulated value of the 4 payments and the reinvested interest is 210. Calculate j.

A. 12.1%

B. 12.7%

C. 13.2%

D. 13.5%

E. 13.7%