Need help with question 2. Thanks

2. Tom borrows $8,000 and will repay the loan with quarterly payments for five years, with the first payment to be made one quarter after the loan is recited, The lender has the following schedule for nominal interest rates compounded quarterly on the loan: 1st year to 2nd year: 6% 3rd year to 4th year: 7% fifth year: 8% Also Tom's loan payments will have the following pattern: last year-2nd Year: X per quarter 3rd year to 4th year: X+20 per quarter fifth year: X +30 per quarter Determine X [4pts 2. Tom borrows $8,000 and will repay the loan with quarterly payments for five years, with the first payment to be made one quarter after the loan is recited, The lender has the following schedule for nominal interest rates compounded quarterly on the loan: 1st year to 2nd year: 6% 3rd year to 4th year: 7% fifth year: 8% Also Tom's loan payments will have the following pattern: last year-2nd Year: X per quarter 3rd year to 4th year: X+20 per quarter fifth year: X +30 per quarter Determine X [4pts