A four year note has a payment of $3000 at the end of each year for four years. What is the effect interest rate on the loan if the present principal of the note is $10,161?

It says that the annual interest rate is 12%; however, I'm not sure if it would be relevant to this problem. The payment interval is monthly, but not positive if it's relevant to the problem

It says that the answer is 7%, but I have no idea how to get the answer at all. If you can show me to steps to get this problem, it would be very helpful. Thank you in advance! (: