Some time ago, Julie purchased eleven acres of land costing $$14,890.$ Today, that land is valued at $$58,371.$ How long has she owned this land if the price of the land has been increasing at $5$ percent per quarter?

Multiple Choice

$12\mathrm{.}00$ years

$27\mathrm{.}51$ years

$7\mathrm{.}00$ years

$28\mathrm{.}00$ years

$12\mathrm{.}05$ years