A contract valued at $60,000.00 requires payments of #3000.00 at the beginning of each quarter. If interest is 6% compounded quarterly, calculate the term of the contract. a) 5,88 quarters b) 5.88 years c) 23.53 years d) 1.25 years e) 11 quarters ** Please show work, so I understand HOW you got the answer! :)