Computation of cost price (hire purchase)

Calculate Cost Price where rate of interest is 12% p.a. Charged Quarterly 

Date
Amount
Nature
1.1.2003
10,000
DOWN
1.4.2003
15,000
1st Installment
1.11.2003
20,000
2nd Installment
1.4.2004
20,000
3rd Installment
1.6.2005
30,000
4rth Installment

Rate Of Interest is increasing by 2% every Year with effect From 1.1.2004            

Plz Solve this question In a Easy Way             
Thank You

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